I remember my sense of shock some half-dozen years ago when I read a recommendation to sell shares of a company ... The recommendation was not based …

- Philip Arthur Fisher

The stock market is filled with individuals who know the price of everything, but the value of nothing.

- Philip Arthur Fisher

Even in those earlier times, finding the really outstanding companies and staying with them through all the fluctuations of a gyrating market proved …

- Philip Arthur Fisher

My mistake was to project my skill beyond the limits of experience. I began investing outside the industries which I believe I thoroughly understood,…

- Philip Arthur Fisher

Of one thing the investor can be certain: A large company's need to bring in a new chief executive from the outside is a damning sign of something ba…

- Philip Arthur Fisher

History has shown that in every age and in every field of human knowledge, many of the views which almost everyone accepted as true and never bothere…

- Philip Arthur Fisher

If the growth rate is so good that in another ten years the company might well have quadrupled, is it really of such great concern whether at the mom…

- Philip Arthur Fisher

One, which I mention several times elsewhere, is the need for patience if big profits are to be made from investment. Put another way, it is often ea…

- Philip Arthur Fisher

Practical investors usually learn their problem is finding enough outstanding investments, rather than choosing among too many.

- Philip Arthur Fisher