{"product_id":"common-stocks-and-uncommon-profits-and-other-writings-isbn-9780471445500","title":"Common Stocks and Uncommon Profits and Other Writings","description":"Widely respected and admired, Philip Fisher is among the most influential investors of all time. His investment philosophies, introduced almost forty years ago, are not only studied and applied by today's financiers and investors, but are also regarded by many as gospel. This book is invaluable reading and has been since it was first published in 1958. The updated paperback retains the investment wisdom of the original edition and includes the perspectives of the author's son Ken Fisher, an investment guru in his own right in an expanded preface and introduction \u003cp\u003e\"I sought out Phil Fisher after reading his\u003ci\u003e Common Stocks and Uncommon Profits\u003c\/i\u003e...A thorough understanding of the business, obtained by using Phil's techniques...enables one to make intelligent investment commitments.\"\u003cbr\u003e —\u003cb\u003eWarren Buffet\u003c\/b\u003e\u003c\/p\u003ePhilip Fisher gilt als einer der Pioniere der modernen Investmenttheorie und zählt zu den einflussreichsten Investoren aller Zeiten.\u003cbr\u003e \u003cbr\u003e Seine Investmentphilosophien, die er vor fast 40 vorgestellt hat, werden nicht nur von modernen Finanzexperten und Investoren - inklusive Warren Buffett - studiert und angewendet, sondern gelten für viele als das Evangelium schlechthin.\u003cbr\u003e \u003cbr\u003e \"Common Stocks and Uncommon Profits and Other Writings\" ist die aktualisierte Broschurausgabe der 1958 erschienenen Originalausgabe.\u003cbr\u003e \u003cbr\u003e Diese Neuauflage stellt Fishers Ideen einer neuen Generation von Investoren vor.\u003cbr\u003e \u003cbr\u003e Sie enthält alle Investmentweisheiten der Originalausgabe sowie ein erweitertes Vorwort und eine Einleitung von Philip Fishers Sohn Ken - selbst ein angesehener Investment-Guru. Ken Fisher beschreibt hier, wie dieses Buch sein Privat- und Berufsleben beeinflusst hat und geht ausführlich auf die Investmentleidenschaft seines Vaters ein.\u003cbr\u003e \u003cbr\u003e \"Common Stocks and Uncommon Profits and Other Writings \" - eine unverzichtbare Lektüre für Finanzinteressierte, Anleger und Finanzexperten gleichermaßen.\u003cbr\u003e \u003cbr\u003e Die Neuauflage erscheint in neuem Design als Band der Reihe 'Wiley's Investment Classics Series'.\u003cbr\u003e \u003cp\u003ePreface What I Learned from My Father’s Writings xi\u003cbr\u003e\u003ci\u003eKenneth L. Fisher\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 1\u003cbr\u003e\u003ci\u003eKenneth L. Fisher\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart One Common Stocks and Uncommon Profits\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePreface 31\u003c\/p\u003e \u003cp\u003e1. Clues from the Past 34\u003c\/p\u003e \u003cp\u003e2. What “Scuttlebutt” Can Do 44\u003c\/p\u003e \u003cp\u003e3. What to Buy: The Fifteen Points to Look for in a Common Stock 47\u003c\/p\u003e \u003cp\u003e4. What to Buy: Applying This to Your Own Needs 79\u003c\/p\u003e \u003cp\u003e5. When to Buy 89\u003c\/p\u003e \u003cp\u003e6. When to Sell: And When Not To 105\u003c\/p\u003e \u003cp\u003e7. The Hullabaloo about Dividends 114\u003c\/p\u003e \u003cp\u003e8. Five Don’ts for Investors 123\u003c\/p\u003e \u003cp\u003e9. Five More Don’ts for Investors 135\u003c\/p\u003e \u003cp\u003e10. How I Go about Finding a Growth Stock 162\u003c\/p\u003e \u003cp\u003e11. Summary and Conclusion 172\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two Conservative Investors Sleep Well\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eEpigraph 176\u003c\/p\u003e \u003cp\u003eIntroduction 177\u003c\/p\u003e \u003cp\u003e1. The First Dimension of a Conservative Investment 180\u003c\/p\u003e \u003cp\u003e2. The Second Dimension 187\u003c\/p\u003e \u003cp\u003e3. The Third Dimension 198\u003c\/p\u003e \u003cp\u003e4. The Fourth Dimension 207\u003c\/p\u003e \u003cp\u003e5. More about the Fourth Dimension 213\u003c\/p\u003e \u003cp\u003e6. Still More about the Fourth Dimension 218\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Three Developing an Investment Philosophy\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDedication to \u003ci\u003eFrank E. Block\u003c\/i\u003e 226\u003c\/p\u003e \u003cp\u003e1. Origins of a Philosophy 227\u003c\/p\u003e \u003cp\u003eThe Birth of Interest 228\u003c\/p\u003e \u003cp\u003eFormative Experiences 229\u003c\/p\u003e \u003cp\u003eFirst Lessons in the School of Experience 231\u003c\/p\u003e \u003cp\u003eBuilding the Basics 232\u003c\/p\u003e \u003cp\u003eThe Great Bear Market 234\u003c\/p\u003e \u003cp\u003eA Chance to Do My Thing 235\u003c\/p\u003e \u003cp\u003eFrom Disaster, Opportunity Springs 236\u003c\/p\u003e \u003cp\u003eA Foundation is Formed 237\u003c\/p\u003e \u003cp\u003e2. Learning from Experience 238\u003c\/p\u003e \u003cp\u003eFood Machinery as an Investment Opportunity 239\u003c\/p\u003e \u003cp\u003eZigging and Zagging 242\u003c\/p\u003e \u003cp\u003eContrary, but Correct 243\u003c\/p\u003e \u003cp\u003ePatience and Performance 244\u003c\/p\u003e \u003cp\u003eTo Every Rule,There Are Exceptions . . . But Not Many 247\u003c\/p\u003e \u003cp\u003eAn Experiment with Market Timing 248\u003c\/p\u003e \u003cp\u003eReaching for Price, Foregoing Opportunity 249\u003c\/p\u003e \u003cp\u003e3. The Philosophy Matures 252\u003c\/p\u003e \u003cp\u003eE Pluribus Unum 253\u003c\/p\u003e \u003cp\u003eHistory versus Opportunity 255\u003c\/p\u003e \u003cp\u003eLessons from the Vintage Years 257\u003c\/p\u003e \u003cp\u003eDo Few Things Well 259\u003c\/p\u003e \u003cp\u003eStay or Sell in Anticipation of Possible Market Downturns? 260\u003c\/p\u003e \u003cp\u003eIn and Out May Be Out of the Money 263\u003c\/p\u003e \u003cp\u003eThe Long Shadow of Dividends 264\u003c\/p\u003e \u003cp\u003e4. Is the Market Efficient? 266\u003c\/p\u003e \u003cp\u003eThe Fallacy of the Efficient Market 267\u003c\/p\u003e \u003cp\u003eThe Raychem Corporation 270\u003c\/p\u003e \u003cp\u003eRaychem, Dashed Expectations, and the Crash 271\u003c\/p\u003e \u003cp\u003eRaychem and the Efficient Market 274\u003c\/p\u003e \u003cp\u003eConclusion 275\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendix Key Factors in Evaluating Promising Firms 279\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFunctional Factors 279\u003c\/p\u003e \u003cp\u003ePeople Factors 281\u003c\/p\u003e \u003cp\u003eBusiness Characteristics 282\u003c\/p\u003e \u003cp\u003eIndex 283\u003c\/p\u003e  \"...written by American Investment genius.... We are delighted to have the opportunity to reproduce an extract from this classic, recently reissued...\" (\u003ci\u003eFinancial Director\u003c\/i\u003e, November 2003)  \u003cp\u003e\"...these updated classics are packed with investment wisdom...\" (\u003ci\u003eWhat Investment\u003c\/i\u003e, November 2003)\u003c\/p\u003e   \u003cp\u003e\u003cb\u003ePHILIP A. FISHER\u003c\/b\u003e began his career as a securities analyst in 1928, and founded Fisher \u0026amp; Company, an investment counseling business, in 1931. He is known as one of the pioneers of modern investment theory.    \u003c\/p\u003e\u003cp\u003e\"I am an eager reader of whatever Phil has to say, and I recommend him to you.\" \u003cb\u003eWarren Buffett\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003ci\u003e\"You will find lots of jewels in these pages that may do as much for you as they have for me.\"\u003c\/i\u003e\t \u003cb\u003e\tfrom the Introduction by Kenneth L. Fisher \u003ci\u003eForbes\u003c\/i\u003e columnist\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eWidely respected and admired, Philip Fisher is among the most influential investors of all time. His investment philosophies, introduced almost forty years ago, are not only studied and applied by today's finance professionals, but are also regarded by many as gospel. He recorded these philosophies in \u003ci\u003eCommon Stocks\u003c\/i\u003e \u003ci\u003eand\u003c\/i\u003e \u003ci\u003eUncommon Profits,\u003c\/i\u003e a book considered invaluable reading when it was first published in 1958, and a must-read today. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eAcclaim for\u003c\/b\u003e \u003cb\u003e\u003ci\u003eCommon Stocks and Uncommon Profits\u003c\/i\u003e\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\"I sought out Phil Fisher after reading his \u003ci\u003eCommon Stocks\u003c\/i\u003e \u003ci\u003eand Uncommon Profits\u003c\/i\u003e...When I met him, I was impressed by the man as by his ideas. A thorough understanding of the business, obtained by using Phil's techniques...enables one to make intelligent investment commitments.\"\u003cb\u003e\t \t \u003cbr\u003e\tWarren Buffett\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\"Little known to the public, rarely interviewed and accepting few clients, Philip Fisher is nevertheless read and studied by most thoughtful investment professionals . . . everyone will profit from ponderingas Warren Buffett has donethe investment principles Fisher espouses.\" \u003cb\u003e\t\tJames W. Michaels Editor, \u003ci\u003eForbes\u003c\/i\u003e\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\"My own copy [of \u003ci\u003eCommon Stocks and Uncommon Profits\u003c\/i\u003e] has underlinings and marginal thoughts throughout.\" \u003cb\u003e\tJohn Train author of\u003c\/b\u003e \u003cb\u003e\u003ci\u003eDance of the Money Bees\u003c\/i\u003e\u003c\/b\u003e\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47988951056613,"sku":"NP9780471445500","price":28.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780471445500.jpg?v=1761782179","url":"https:\/\/k12savings.com\/es\/products\/common-stocks-and-uncommon-profits-and-other-writings-isbn-9780471445500","provider":"K12savings","version":"1.0","type":"link"}