The world’s greatest investors: Philip Fisher
Philip Fisher was widely respected as an extremely successful investor. So what can investors today learn from his strategy, asks Matthew Partridge.
What was his strategy?
Did it work?
What were his biggest successes?
What other advice did he have for investors?
Instead, he thought, buyers should aim to hold stocks through both good times and bad, only switching when a company's growth potential had been exhausted or the management had lost its touch. Indeed, his holding in Motorola was only sold upon his death. Fisher also argued that investors should adopt a consistent strategy and avoid investment fads.
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Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.
He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.
Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.
As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.
Follow Matthew on Twitter: @DrMatthewPartri
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