![]() ![]() Our Quality parameter uses multiple Factors like Growth, Efficiency and Capital Structure over the long term and some basic Hygiene factors to rate the companies. Step 1: We divided all the companies based on QUALITY Parameter 5 years ago. ![]() We conducted a simple 3 step exercise to figure out if this works: In Philip Fisher’s own words “If the job has been correctly done when a stock is purchased, the time to sell it is - almost never.” “Purchase and hold for the long term a concentrated portfolio of outstanding companies with compelling growth prospects” Closer home, many of the Dalal Street Wizards have been using the Philip Fisher methodology. Warren Buffett met Fisher at a young age he later claimed that he has used a good deal of Fisher’s methods into his own stock selection process. It also became required reading in the investments class at Stanford’s Graduate School of Business… the college that Fisher had dropped out of in 1928 to take a job as a securities analyst! The book turned out to be the first investment book ever to make The New York Times bestseller list. In 1958, Fisher wrote Common Stocks and Uncommon Profits. ![]() Philip Fisher was born in 1907 in San Francisco, California. ![]()
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