Common Stocks and Uncommon Profits by Philip A. Fisher
๐ The Investment Classic That Turned Warren Buffett from Value to Growth
The 15-Point Method That Finds Tomorrow’s Giants Before Wall Street Wakes Up
“I am an eager reader of whatever Phil has to say, and I recommend him to you.” โWarren Buffett
When the Oracle of Omaha tells you to read someone, you read them.
Read MorePhilip Fisher didn’t just beat the market. He discovered companies that returned 1,000%, 5,000%, even 10,000% to early investors. His secret? A methodology so powerful, it transformed investing forever.
The Fisher Revolution That Created Billionaires:
- ๐ Scuttlebutt Method – The grassroots research Wall Street can’t do
- ๐ 15 Points to Look For – The checklist that spots future dominators
- ๐ Growth Over Value – Why paying more gets you more
- ๐ Hold Forever Strategy – The patience that creates generational wealth
- ๐ Management Quality – The #1 factor everyone else ignores
The 15 Points That Find Uncommon Profits:
Does the company have products with sufficient market potential for major sales growth?
Is management determined to develop new products when current lines mature?
How effective are R&D efforts relative to size?
Does it have an above-average sales organization?
Does it have a worthwhile profit margin?
…and 10 more filters that separate winners from the walking dead
Why This 1957 Book Still Mints Millionaires:
- ๐ Found Motorola at $45 (peaked over $1,000)
- ๐ Found Texas Instruments before calculators existed
- ๐ Found Dow Chemical before plastics revolution
- ๐ His methods found Apple, Microsoft, Amazon (decades later)
The principles are timeless. The profits are real.
What Modern Investors Discover:
“Fisher’s ‘scuttlebutt’ method found me a 10-bagger in 18 months.” – Hedge Fund PM
“Ignored P/E ratios, followed Fisher. Portfolio up 400% in 5 years.” – Rachel S.
“This book made me realize I was investing blind. Now I see clearly.” – Private Investor
“Required reading for my analysts. Our hit rate tripled.” – Investment Director
The Shocking Truths About Investing:
- โ Financial statements lie – The real story is in the parking lot
- โ Cheap stocks stay cheap – Quality costs more for a reason
- โ Diversification is suicide – Concentrate on your best ideas
- โ Market timing is gambling – Time in the market beats timing the market
- โ Most research is worthless – Desk jockeys don’t know reality
The Scuttlebutt Method Revealed:
Talk to:
- Competitors (“Who do you fear most?”)
- Suppliers (“Who pays on time?”)
- Customers (“Who would you miss?”)
- Former employees (“Would you go back?”)
- Industry experts (“Who’s the real deal?”)
The truth isn’t in annual reports. It’s in honest conversations.
Fisher vs. Graham: The Debate That Changed Investing
Graham said: Buy dollar bills for 50 cents
Fisher said: Buy great companies at fair prices
Buffett said: Fisher is rightโquality compounds forever
Who are you going to believe?
The Investment Sins to Avoid:
- ๐ซ Don’t buy promotional companies
- ๐ซ Don’t ignore management integrity
- ๐ซ Don’t quibble over eighths and quarters
- ๐ซ Don’t overstress diversification
- ๐ซ Don’t follow the crowd
- ๐ซ Don’t be afraid of buying on war scares
Who MUST Read This Book:
- Serious investors tired of losing to index funds
- Growth investors seeking the next Amazon
- Value investors ready to evolve (like Buffett did)
- Anyone managing their own portfolio
- Fund managers who want to beat, not meet
The Questions That Create Wealth:
Is this company building something revolutionary?
Will it dominate its industry in 10 years?
Would insiders mortgage their house to buy more shares?
Can current management execute the vision?
If yes to all four, you might have found an uncommon profit.
Your Investing Evolution Starts Now
- โ Stop buying “cheap” junk
- โ Stop selling winners too early
- โ Stop trusting Wall Street research
- โ Stop diversifying into mediocrity
- โ Start finding exceptional companies
- โ Start holding for decades, not quarters
- โ Start doing scuttlebutt research
- โ Start thinking like an owner, not a trader
Get Common Stocks and Uncommon Profits Today
Available Formats:
- ๐ Hardcover – The investor’s bible
- ๐ Paperback – Wisdom in your briefcase
- ๐ฑ Kindle – Start learning immediately
- ๐ง Audiobook – Learn while you commute
The Book That Influenced Warren Buffett | Wiley Investment Classics
“I sought out Phil Fisher after reading his book. When I met him, I was impressed by the man as his ideas.” โWarren Buffett
WARNING: This book will ruin your ability to buy index funds and sleep well. You’ll want to find the next great growth story. Many try. Few succeed. But those who do…
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