common stocks and uncommon profits and other writings

However, for real success, both are necessary. Many companies contain managements that are very good at one or the other of these skills. This is the ability to look ahead and make long-range plans that will produce significant future growth for the business without at the same time running financial risks that may invite disaster. However, in the business world, top-notch managerial ability also calls for another skill that is quite different. In other words, operating skill implies above-average handling of the many things that have to do with the near-term operation of the business. In the day-to-day tasks, I include a hundred and one matters, varying all the way from constantly seeking and finding better ways to produce more efficiently to watching receivables with sufficient closeness. One of these is handling the day-to-day tasks of business with above-average efficiency. Business ability can be further broken down into two very different types of skills. Fisher online at best cheap prices in India on. Fisher (Introduction) 2,206 ratings Edition: 2nd See all formats and editions Kindle 19.99 Read with Our Free App Audiobook 0. Buy Common Stocks and Uncommon Profits and Other Writings book by Philip A. I use the word quality to encompass two quite different characteristics. Common Stocks and Uncommon Profits and Other Writings: 40 Paperback Remixes included, 21 August 2003 by Philip A. Other questions are about the company’s strong sales organisation, whether its products enjoy a handsome profit margin that can be protected over the years, and so on.“The quality of the people involved in the company was just as critical. Fisher (Introduction) 4. These relate to whether the company has products and services with adequate market potential to keep increasing its sales over the next several years, and if the management is serious about R&D to help it develop the next generation of products. Kindle 15.00 Rate this book Common Stocks and Uncommon Profits and Other Writings Philip A. Regarding your question about the Common Stocks and Uncommon Profits and Other Writings - (Wiley Investment Classics) 2nd Edition by Philip A Fisher.

In the key chapter titled ‘What to buy’, Fisher elaborates upon the 15 questions that investors need to ask while vetting a stock. The average reader will spend 5 hours and 20 minutes reading this book at 250 WPM (words per minute). However, quantitative analysis will not tell you about a company’s prospects for that, you need to carry out scuttlebutt. Common Stocks and Uncommon Profits and Other Writings. Just as you wouldn’t hire an employee without examining his academic record and work experience, you shouldn’t buy a stock without poring through the data on its past performance. Today, most sophisticated investors have databases, which provide them with a humongous amount of data at their fingertips.

Common stocks and uncommon profits and other writings