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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.

Core ideas

Idea 1

Understand the business before the ticker.

Idea 2

Separate market price from economic value.

Idea 3

Test the thesis against evidence.

Idea 4

Build a process before committing capital.