Philip Fisher

AAA

DEFINITION of 'Philip Fisher'

A widely acclaimed stock investor and author who is believe to have a profound influence on Warren Buffett. He is perhaps known best for his book "Common Stocks and Uncommon Profits", first published in 1958. Philip also founded a money management company in 1931 called Fisher and Company.

INVESTOPEDIA EXPLAINS 'Philip Fisher'

Philip Fisher lived from 1907 until 2004. His most famous stock pick was Motorola which he purchased in 1955 and held until his death. One of his most publicized quotes pertained to the sale of stock. Philip said that the best time to sell a stock was "almost never".

RELATED TERMS
  1. Warren Buffett

    Known as "the Oracle of Omaha", Buffett is Chairman of Berkshire ...
  2. Balance Sheet

    A financial statement that summarizes a company's assets, liabilities ...
  3. Security

    A financial instrument that represents: an ownership position ...
  4. Stock

    A type of security that signifies ownership in a corporation ...
  5. Morningstar Inc.

    A Chicago-based investment research firm that compiles and analyzes ...
  6. Cash Flow

    1. A revenue or expense stream that changes a cash account over ...
Related Articles
  1. Investing Basics

    The Christmas Saints Of Wall Street

    Learn how some of world's richest people spread holiday cheer year-round.
  2. Personal Finance

    A History Of U.S. Monopolies

    These monoliths helped develop the economy and infrastructure at the expense of competition.
  3. Personal Finance

    The 5 Most Feared Figures In Finance

    Gates, Soros, Icahn, Rockefeller and Morgan caused chills on Wall Street.
  4. Active Trading

    10 Books Every Investor Should Read

    Want advice from some of the most successful investors of all time? Check out our reading list.
  5. Economics

    What is a Promissory Note?

    A written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.
  6. Economics

    Understanding Money Supply

    Money supply – also called money stock -- refers to the total amount of currency and other liquid financial products in an economy at a particular time.
  7. Stock Analysis

    How MasterCard Likely Earned a Spot in Your Wallet

    An in depth look at MasterCard and its future prospects as an investment.
  8. Budgeting

    5 Smart Tips For Raising Financially Literate Kids

    Help your children learn to be financially literate with these strategies. Financial savvy begins with what they learn from their parents.
  9. Savings

    Will Technology Displace Human Financial Management?

    Technology is creating more tools that help individuals avoid the common financial management and money management firms.
  10. Budgeting

    Quickbooks vs. Quicken

    QuickBooks and Quicken are two of the most widely used financial management tools in the world. Determine which one is right for you.

You May Also Like

Hot Definitions
  1. Price-To-Sales Ratio - PSR

    A valuation ratio that compares a company’s stock price to its revenues. The price-to-sales ratio is an indicator of the ...
  2. Hurdle Rate

    The minimum rate of return on a project or investment required by a manager or investor. In order to compensate for risk, ...
  3. Market Value

    The price an asset would fetch in the marketplace. Market value is also commonly used to refer to the market capitalization ...
  4. Preference Shares

    Company stock with dividends that are paid to shareholders before common stock dividends are paid out. In the event of a ...
  5. Accrued Interest

    1. A term used to describe an accrual accounting method when interest that is either payable or receivable has been recognized, ...
  6. Absorption Costing

    A managerial accounting cost method of expensing all costs associated with manufacturing a particular product. Absorption ...
Trading Center