Phillip A. Fischer wrote one of the most relevant books on investment: "Common Stocks and Uncommon Profits". He was the guy that opened Warren Buffett's mind to the "growth" part of the value of a company. Follows some selected sentences from the book
"Absence of conflict may not mean a basically happy relationship so much as fear of the consequences of conflict"
"You must learn what is important and train yourself to ignore the rest"
"Proof of any pudding is in the eating"
"Stockbrokers: men who know the price of everything and the value of nothing"
"Finding the really outstanding companies and staying with them through all the fluctuations of a gyrating market proved far more profitable to far more people than did the more colorful practice of trying to buy them cheap and sell them dear"
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment