Philip Arthur Fisher (September 8 1907 – March 11 2004) was a stock investor best known as the author of Common Stocks and Uncommon Profits (ISBN 0-471-11927-X), a guide to investing that has remained in print ever since it was first published in 1958. His money management company, Fisher & Co., was founded in 1931.

Philip Fisher is considered a pioneer in the field of growth investing. Morningstar has called him "one of the great investors of all time". In Common Stocks and Uncommon Profits, Fisher said that the best time to sell a stock was "almost never". His most famous investment was his purchase of Motorola, a company he bought in 1955 when it was a radio manufacturer and held until his death.

His son Kenneth L. Fisher also founded an investment firm. Perhaps the best-known of Fisher's followers is Warren Buffett who has said in some occasions that his investment view is a 15% Philip Fisher and 85% Benjamin Graham.

Books by Philip A. Fisher

• Common Stocks and Uncommon Profits, Harper & Bros., 1958
• Conservative Investors Sleep Well, Harper & Row, 1975
• Developing an Investment Philosophy (Monograph), The Financial Analysts Research Foundation, 1980

See also

• Warren Buffett
• Kenneth L. Fisher
• Benjamin Graham
• Thomas Rowe Price, Jr.
• John Burr Williams
• Growth investing
• Wall Street

References

External links

• Fisher obituary by his son Kenneth L. Fisher at Forbes.com
• Fisher obituary at Fool.com
• Learning from the Long Men, National Review Online