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Investing basics1958

Common Stocks and Uncommon Profits

Philip A. Fisher

Focuses on evaluating business quality, management, growth advantages, and scuttlebutt research before long-term ownership.

Checklist

Do I have a rule to understand the business before the ticker?

Do I have a rule to separate market price from economic value?

Do I have a rule to test the thesis against evidence?

Do I have a rule to build a process before committing capital?

Write down what would invalidate the thesis.

Set a review date before acting.