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Introduction to Common Stocks and Uncommon Profits
Philip Fisher is widely regarded as one of the most influential investors of all time. His investment philosophies, introduced over 60 years ago, continue to be studied and applied by today’s financiers and investors. This book, first published in 1958, remains invaluable reading and has been updated to include the perspectives of his son, Ken Fisher, a renowned investment guru in his own right.
Features of Common Stocks and Uncommon Profits
- Timeless Investment Wisdom: The book retains the investment wisdom of the original edition, making it a valuable resource for both new and experienced investors.
- Updated Preface and Introduction: The updated paperback includes a new preface and introduction by Ken Fisher, providing fresh insights and perspectives on his father’s work.
- Endorsements from Financial Legends: The book is endorsed by Warren Buffett, who sought out Philip Fisher after reading "Common Stocks and Uncommon Profits" and credits his techniques with enabling intelligent investment commitments.
- Publication Details: Published by Wiley, with a publication date of August 29, 2003, this is the 2nd edition of the book, written in English, and consists of 320 pages.
Pros of Common Stocks and Uncommon Profits
- Invaluable Investment Insights: The book offers invaluable insights into investment strategies that have stood the test of time.
- Applicability: The principles outlined in the book are applicable to today’s market, making it a relevant read for contemporary investors.
- Expert Endorsements: Endorsements from figures like Warren Buffett add to the book’s credibility and value.
- Updated Content: The inclusion of Ken Fisher’s perspectives provides a modern lens through which to view Philip Fisher’s classic work.
Cons of Common Stocks and Uncommon Profits
- Outdated Examples: Some of the examples and case studies may be outdated, which could make it challenging for readers to relate them to current market conditions.
- Complex Concepts: The book may assume a certain level of financial literacy, which could make it difficult for novice investors to understand some of the concepts presented.
- Limited Focus: The book focuses on a specific investment philosophy, which may not align with all investors’ strategies or risk tolerance.
About the Book
"Common Stocks and Uncommon Profits" by Philip A. Fisher is a seminal work that has influenced generations of investors. With its updated edition, it continues to be a must-read for anyone looking to deepen their understanding of investment strategies and philosophies. The book’s impact is evident in its high rating and the large number of customer reviews, with an average rating of 4.6 out of 5 stars from over 2,700 ratings. Whether you’re a seasoned investor or just starting your investment journey, this book offers insights that can help you make more informed investment decisions.

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