How Warren Buffett was influenced by Philip Fisher

If the job has been correctly done when a common stock is purchased, the time to sell it is – almost never
If the job has been correctly done when a common stock is purchased, the time to sell it is – almost never
Using trailing twelve months earnings that are impacted by a recession is a mistake
Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio’s market value.
A high ratio of price to book value, a high price-earnings ratio, and a low dividend yield – are in no way inconsistent with a ‘value’ purchase.
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