[From The Archives] What We Can Learn From Phil Fisher

Phil Fisher has been called one of the most important and influential investors of all time. His book, Common Stocks and Uncommon Profits published in 1958, is still relevant today and is a recommended read for many of Wall Street’s top money managers. Warren Buffett once said his investment philosophy was 85% Ben Graham, 15% Phil Fisher. Phil Fisher’s strategy was to buy well-managed, high-quality growth companies, which he held for the long term. For example, he bought Motorola stock in 1955 and didn’t sell it until his death in 2004. Fisher used his famous “fifteen points to look for in a common stock”…