Common Stocks And Uncommon Profits

Stock markets plunging? Should you panic?

August 5, 2024

“Fear is the foe of the faddist, but the friend of the fundamentalist.” – Warren Buffett So the global stock markets, led by the US, are plunging. On August 1 and 2, 2024, Wall Street took a big hit. On August 2 (Friday itself), the Dow Jones Industrial Average dived some 610 points, or 1.5…

What stocks to buy: 15 points to look for

April 30, 2017

“What are the matters about which the investor should learn if he is to obtain the type of investment which in a few years might show a gain of several hundred per cent, or over a longer period of time might show a correspondingly greater increase? ” In other words, what attributes should a company have to give…

Philip Fisher’s five more don’ts for investors

April 2, 2017

1. Don’t overstress diversification Investors have been so oversold on diversification that fear of having too many eggs in one basket has caused them to put far too little into companies they thoroughly know and far too much in others about which they know nothing at all. “It never seems to occur to them, and…

Five don’ts for investors: Philip Fisher

April 1, 2017

Common Stocks and Uncommon Profits by Philip Fisher lists five don’ts for investors 1. Don’t buy into promotional companies All too often, young promotional companies are dominated by one or two individuals who have great talent for certain phases of business procedure but are lacking in other equally essential talents. They may be superb salesmen…

Philip Fisher’s scuttlebutt method

March 31, 2017

For a man like Berkshire Hathaway chairman Warren Buffett who doesn’t personally own an iPhone, one wonders why he more than doubled Berkshire Hathaway’s holdings in Apple to about 2.5 per cent in January 2017. At that point, Mr Buffett owned US$17 billion worth of the tech giant’s stock In a CNBC report on 27…