Sunday, March 1, 2020

COMMON STOCKS AND UNCOMMON PROFITS SUMMARY (BY PHILIP FISHER)

Here is the link.


  1.  Expanding market - automatic drive, ...
  2. Develop new products
  3. Efficient R & D
  4. Above-average sales organization
  5. ...
  6. Keeping that profit margin - cut costs
  7. Great labor relations
  8. Awesome executive relations
  9. Depth in management
  10. Great cost analytics
  11. Great industry specifics


The scuttlebutt method

You are diversifying too much.

Other factors to consider:
 different industries
multiple branches 
5. Fish(er) in the right pond

For all companies??
- No way!

Fisher's 15 points checklist

Top 5 takeaways from Common Stocks and Uncommon Profits: 00:10 1. Fisher’s 15 points checklist 04:16 2. The Scuttlebutt method 06:40 3. Unconventional wisdom 1: Dividends don’t matter 09:32 4. Unconventional wisdom 2: You are diversifying too much 11:46 5. Fish in the right pond

- An investment should tic most of Philip Fisher’s 15 points checklist to be considered a great growth stock - Use “Main Street” resources, such as suppliers, customers, trade associations and former employees to beat Wall Street in the stock picking game - Look for companies that have great confidence in their businesses, where money is being reinvested in productive activities, rather than being dealt out in dividends - How to invest in stocks? Don’t diversify too much – the more companies you own, the less you know about each of them. - One of the most important investing strategies that you can learn about is filters. There are so many opportunities out there – but so little time. My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there – investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties – I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett - the greatest investor of our time - says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process – upgrading your money-making toolbox.

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