Common Stocks and Uncommon Profits and Other Writings (Wiley Investment Classics) 2nd Edition, Kindle Edition

4.6 out of 5 stars 1,721 ratings
Flip to back Flip to front
Audible Sample Playing... Paused   You are listening to a sample of the Audible narration for this Kindle book.
Learn more
ISBN-13: 978-0471445500
ISBN-10: 0471445509
Why is ISBN important?
ISBN
This bar-code number lets you verify that you're getting exactly the right version or edition of a book. The 13-digit and 10-digit formats both work.
Scan an ISBN with your phone
Use the Amazon App to scan ISBNs and compare prices.
Kindle app logo image

Download the free Kindle app and start reading Kindle books instantly on your smartphone, tablet, or computer - no Kindle device required. Learn more

Read instantly on your browser with Kindle Cloud Reader.

Using your mobile phone camera - scan the code below and download the Kindle app.

QR code to download the Kindle App

Share <Embed>
Loading your book clubs
There was a problem loading your book clubs. Please try again.
Not in a club? Learn more
Amazon book clubs early access

Join or create book clubs

Choose books together

Track your books
Bring your club to Amazon Book Clubs, start a new book club and invite your friends to join, or find a club that’s right for you for free.
Buy
$15.00
eBook features:
  • Highlight, take notes, and search in the book
  • In this edition, page numbers are just like the physical edition
  • Length: 300 pages
  • Word Wise: Enabled
  • Enhanced Typesetting: Enabled
  • Page Flip: Enabled
  • Audible book:
    Audible book
    Switch back and forth between reading the Kindle book and listening to the Audible book with Whispersync for Voice. Add the Audible book for a reduced price when you buy the Kindle book.
    Available
Sold by: JOHN WILEY AND SONS INC
Price set by seller.

Buy for others

Give as a gift or purchase for a team or group.
Learn more

Buying and sending eBooks to others

Select quantity
Buy and send eBooks
Recipients can read on any device

Additional gift options are available when buying one eBook at a time.  Learn more

These ebooks can only be redeemed by recipients in the US. Redemption links and eBooks cannot be resold.


Kindle Epic Summer Challenge. Unlock achievements, crush your reading list pantry

Editorial Reviews

Review

"...written by American Investment genius.... We are delighted to have the opportunity to reproduce an extract from this classic, recently reissued..." (Financial Director, November 2003)

"...these updated classics are packed with investment wisdom..." (What Investment, November 2003)

--This text refers to the paperback edition.

From the Inside Flap

"I am an eager reader of whatever Phil has to say, and I recommend him to you."
—Warren Buffett

"You will find lots of jewels in these pages that may do as much for you as they have for me."
— from the Introduction by Kenneth L. Fisher Forbes columnist

Widely respected and admired, Philip Fisher is among the most influential investors of all time. His investment philosophies, introduced almost forty years ago, are not only studied and applied by today's finance professionals, but are also regarded by many as gospel. He recorded these philosophies in Common Stocks and Uncommon Profits, a book considered invaluable reading when it was first published in 1958, and a must-read today.

Acclaim for Common Stocks and Uncommon Profits

"I sought out Phil Fisher after reading his Common Stocks and Uncommon Profits...When I met him, I was impressed by the man as by his ideas. A thorough understanding of the business, obtained by using Phil's techniques...enables one to make intelligent investment commitments."
— Warren Buffett

"Little known to the public, rarely interviewed and accepting few clients, Philip Fisher is nevertheless read and studied by most thoughtful investment professionals . . . everyone will profit from pondering—as Warren Buffett has done—the investment principles Fisher espouses."
— James W. Michaels Editor, Forbes

"My own copy [of Common Stocks and Uncommon Profits] has underlinings and marginal thoughts throughout."
—John Train author of Dance of the Money Bees

--This text refers to the paperback edition.

Product details

  • ASIN ‏ : ‎ B00XCC5Y0O
  • Publisher ‏ : ‎ Wiley; 2nd edition (April 14, 2015)
  • Publication date ‏ : ‎ April 14, 2015
  • Language ‏ : ‎ English
  • File size ‏ : ‎ 1283 KB
  • Text-to-Speech ‏ : ‎ Enabled
  • Screen Reader ‏ : ‎ Supported
  • Enhanced typesetting ‏ : ‎ Enabled
  • X-Ray ‏ : ‎ Not Enabled
  • Word Wise ‏ : ‎ Enabled
  • Print length ‏ : ‎ 300 pages
  • Lending ‏ : ‎ Enabled
  • Customer Reviews:
    4.6 out of 5 stars 1,721 ratings

About the author

Follow authors to get new release updates, plus improved recommendations.
Brief content visible, double tap to read full content.
Full content visible, double tap to read brief content.

Discover more of the author’s books, see similar authors, read author blogs and more

Customer reviews

4.6 out of 5 stars
4.6 out of 5
1,721 global ratings

Top reviews from the United States

Reviewed in the United States 🇺🇸 on March 9, 2007
281 people found this helpful
Report abuse
Reviewed in the United States 🇺🇸 on April 21, 2022
One person found this helpful
Report abuse
Reviewed in the United States 🇺🇸 on June 17, 2006
134 people found this helpful
Report abuse

Top reviews from other countries

Sandy
4.0 out of 5 stars Why does Warren buffet buy Apple and not Amazon
Reviewed in India 🇮🇳 on December 2, 2019
Customer image
4.0 out of 5 stars Why does Warren buffet buy Apple and not Amazon
Reviewed in India 🇮🇳 on December 2, 2019
I have always wondered, as to why does Warren buffet buy certain stocks, while avoiding equally good others ? If you read this book you will know for sure. Recommended by Buffet himself this book is one of the classics, as you already probably know. Although it is dated in some sense, however the core message remains quite relevant even in today's time, as much it did perhaps 70 years ago, when the book was originally written.

Philips Fisher introduces the reader with the "Scuttlebutt" approach to stock picking, quite early on in the book. As you move further he buttress his views with data and practical example. He begins by saying that the best time to sell a stock is "never" which he practiced himself when he held the stocks of Motorola, Texas Instrument and Raychem for the entirety fo his life, although his son in the preface admits that by the end of his fathers career, he had become recalcitrant to the new stock while solely focusing on the above mentioned three top stocks.

The book can be surmised by the following philosophies :
1. Growth companies : The company should be in a growth sector meaning it sales should grow to perpetuity.
2. New Growth : The company should be able to find new avenues of growth if the current lines dry up, either through Research and Development or through inorganic acquisitions.
3. Moat : There should be sufficient barriers to entry in the product line up to prevent other players from entering the same market and usurping the incumbent player (think IPhone).

Apart from these key message he also belabours upon the "Scuttlebutt" approach most of which I found to be quite irrelevant for retail investors, because this approach requires deep understanding of the company, its management, its customers, its debtors et al. He advices the investor to speak to the management, employees and customer and get a good sense of the culture and challenges. Also there is a focus on labour/unions. Although the book is written in a different time and most of the companies discussed perhaps don't even exist today, I still found this book to be quite refreshing to read.

It is a great book foe novice and Professionals alike. It is a must have in your library. It reinforces the philosophy of "value investing" in the fast paced world of "automated trading". Enjoy !
Images in this review
Customer image Customer image Customer image
Customer imageCustomer imageCustomer image
44 people found this helpful
Report abuse
PCZ
1.0 out of 5 stars Please read my comment and don't buy this book
Reviewed in the United Kingdom 🇬🇧 on July 11, 2021
2 people found this helpful
Report abuse
Kindle Customer
3.0 out of 5 stars It is a classic
Reviewed in the United Kingdom 🇬🇧 on September 12, 2021
One person found this helpful
Report abuse
Marron
3.0 out of 5 stars So many better finance books out there
Reviewed in the United Kingdom 🇬🇧 on June 1, 2022
mp
5.0 out of 5 stars Another phenomenal book fro everyone interested successfully in stock market!!!
Reviewed in the United Kingdom 🇬🇧 on November 29, 2015
6 people found this helpful
Report abuse
Report an issue

Does this item contain inappropriate content?
Do you believe that this item violates a copyright?
Does this item contain quality or formatting issues?