Paths to Wealth Through Common Stocks

Informationen zum Autor PHILIP A. FISHER (1907-2004) began his career as a securities analyst in 1928 and founded Fisher & Company, an investment counseling business, in 1931. He is known as one of the pioneers of modern investment theory. After writing this book, Fisher taught at Stanford as one of only three to ever teach the Graduate School of Business Investment Management course. His other writings include investment classics such as Common Stocks and Uncommon Profits, Conservative Investors Sleep Well, and Developing an Investment Philosophy. KEN FISHER is best known for his prestigious "Portfolio Strategy" column in Forbes magazine, where his twenty-three-year tenure of high-profile calls makes him the fourth longest-running columnist in Forbes's ninety-year history. Ken is the founder, Chairman, and CEO of Fisher Investments, a multi-product money management firm with over $40 billion under management. His success has ranked him #297 on the 2006 Forbes 400 list of richest Americans. He is a regular in the media and has appeared in most major American finance or business periodicals. Fisher also recently authored the New York Times bestseller The Only Three Questions That Count, also published by Wiley. Klappentext Paths to Wealth through Common Stocks contains one original concept after another, each designed to greatly improve the results of those who self-manage their investments-while helping those who rely on professional investment advice select the right advisor for their needs.Originally written by investment legend Philip A. Fisher in 1960, this timeless classic is now reintroduced by his well-known and respected son-successful money manager Ken Fisher-in a new Foreword.Filled with in-depth insights and expert advice, Paths to Wealth through Common Stocks expands upon the innovative ideas found in Fisher's highly regarded Common Stocks and Uncommon Profits-summarizing how worthwhile profits have been and will continue to be made through common stock ownership, and revealing why his method can increase profits while reducing risk. Many of the ideas found here may depart from conventional investment wisdom, but the impressive results produced by these concepts-which are still relevant in today's market environment-will quickly remind you why Philip Fisher is considered one of the greatest investment minds of our time. Zusammenfassung Paths to Wealth through Common Stocks contains one original concept after another, each designed to greatly improve the results of those who self-manage their investments -- while helping those who rely on professional investment advice select the right advisor for their needs. Originally written by investment legend Philip A. Inhaltsverzeichnis Foreword ix Preface: The Need for Additional Investment Books xix Part I: Adjusting to Key Influences of the 1960's 1 Stocks and Inflation; Institutional Buying; Foreign Competition; Increased Population; The Economists Go Out-The Psychologists Come In Part II: How the Greatest Increases in Stock Values Come About 70 Alert Corporate Management; A New Concept; The Role of Institutional Buying; A Reward Usually Overlooked Part III: You and Where Your Investment Business Must Go 91 Methods of Investment Evaluation; Five Steps for Selecting the Right Investment Counselor Part IV: Trivia but not Entirely 122 What About Mergers?; Voting Rights and Proxy Fights; Should You Buy or Sell Stocks Because of U.S. Election Prospects? Part V: Major Growth Industries of the 1960's 149 The Chemical Industry; The Electronics Industry; The Pharmaceutical Industry; Other Interesting Industries; The False Growth Stocks of the Immediate Post-War Years Index 205 ...

Auteur

PHILIP A. FISHER (1907-2004) began his career as a securities analyst in 1928 and founded Fisher & Company, an investment counseling business, in 1931. He is known as one of the pioneers of modern investment theory. After writing this book, Fisher taught at Stanford as one of only three to ever teach the Graduate School of Business Investment Management course. His other writings include investment classics such as Common Stocks and Uncommon Profits, Conservative Investors Sleep Well, and Developing an Investment Philosophy. KEN FISHER is best known for his prestigious "Portfolio Strategy" column in Forbes magazine, where his twenty-three-year tenure of high-profile calls makes him the fourth longest-running columnist in Forbes's ninety-year history. Ken is the founder, Chairman, and CEO of Fisher Investments, a multi-product money management firm with over $40 billion under management. His success has ranked him #297 on the 2006 Forbes 400 list of richest Americans. He is a regular in the media and has appeared in most major American finance or business periodicals. Fisher also recently authored the New York Times bestseller The Only Three Questions That Count, also published by Wiley.

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Paths to Wealth through Common Stocks contains one original concept after another, each designed to greatly improve the results of those who self-manage their investments-while helping those who rely on professional investment advice select the right advisor for their needs. Originally written by investment legend Philip A. Fisher in 1960, this timeless classic is now reintroduced by his well-known and respected son-successful money manager Ken Fisher-in a new Foreword. Filled with in-depth insights and expert advice, Paths to Wealth through Common Stocks expands upon the innovative ideas found in Fisher's highly regarded Common Stocks and Uncommon Profits-summarizing how worthwhile profits have been and will continue to be made through common stock ownership, and revealing why his method can increase profits while reducing risk. Many of the ideas found here may depart from conventional investment wisdom, but the impressive results produced by these concepts-which are still relevant in today's market environment-will quickly remind you why Philip Fisher is considered one of the greatest investment minds of our time.

Contenu

Foreword ix

Preface: The Need for Additional Investment Books xix

Part I: Adjusting to Key Influences of the 1960's 1
Stocks and Inflation; Institutional Buying; Foreign Competition; Increased Population; The Economists Go Out-The Psychologists Come In

Part II: How the Greatest Increases in Stock Values Come About 70
Alert Corporate Management; A New Concept; The Role of Institutional Buying; A Reward Usually Overlooked

Part III: You and Where Your Investment Business Must Go 91
Methods of Investment Evaluation; Five Steps for Selecting the Right Investment Counselor

Part IV: Trivia but not Entirely 122
What About Mergers?; Voting Rights and Proxy Fights; Should You Buy or Sell Stocks Because of U.S. Election Prospects?

Part V: Major Growth Industries of the 1960's 149
The Chemical Industry; The Electronics Industry; The Pharmaceutical Industry; Other Interesting Industries; The False Growth Stocks of the Immediate Post-War Years

Index 205