American stock investor Philip Arthur Fisher (September 8, 1907 – March 11, 2004) was best known as the author of the investment guide book Common Stocks and Uncommon Profits. The book has the reputation of staying in print since it was first published in 1958. Among his best-known followers is Warren Buffett who on some
In his letter (dated February 28, 2014 for FY2013) to Berkshire Hathaway shareholders, Warren Buffett shared some thoughts about investing in one section. In a sub-section, he gave pointers on the analysis involved in buying stocks. Warren Buffett said: “When Charlie and I buy stocks – which we think of as small portions of businesses
In his letter to Berkshire Hathaway shareholders on February 28, 2014 for FY2013, Warren Buffett, among other things, shared “Some Thoughts About Investing”. To illustrate certain fundamentals of investing, Warren Buffett told two tales in the letter. The two tales are about two small non-stock investments that Warren Buffett made long ago. “Though neither changed
“Investment is most intelligent when it is most businesslike.” – The Intelligent Investor by Benjamin Graham Warren Buffett kicked off with this quote when he shared “Some Thoughts About Investing” in a section of his letter to Berkshire Hathaway shareholders on February 28, 2014 for FY2013. Under a sub-section, he shared more about Benjamin Graham, his teacher
In his letter (dated February 28, 1992 for FY1991) to Berkshire Hathaway shareholders, Warren Buffett gave an insight into his Rip Van Winkle approach to investing. Referring to a list of Berkshire Hathaway’s common stock holdings – comprising Capital Cities/ABC Inc, The Coca-Cola Company, Federal Home Loan Mortgage Corp, GEICO Corp, The Gillette Company, Guinness PLC, The Washington
One of the best gems on investment success from Warren Buffett came in his letter (dated Feb 28, 1997 for FY1996) to Berkshire Hathaway shareholders. Warren Buffett said: “Most investors, both institutional and individual, will find that the best way to own common stocks is through an index fund that charges minimal fees. Those following
In Berkshire Hathaway’s Annual Report 1996, Warren Buffett said in a section under the heading of Acquisition Criteria: “Charlie and I frequently get approached about acquisitions that don’t come close to meeting our tests: We’ve found that if you advertise an interest in buying collies, a lot of people will call hoping to sell you their cocker spaniels.
In his letter to Berkshire Hathaway dated March 1, 1993, for FY1992, Warren Buffett said: “Our equity-investing strategy remains little changed from what it was fifteen years ago, when we said in the 1977 annual report: “We select our marketable equity securities in much the way we would evaluate a business for acquisition in its entirety.