Reason for Recommendation:

Philip A. Fisher is known as one of the pioneers of modern investment theory. This book contains his investment wisdom and provides insightful guidance for investors to assess the potential value of successful and profitable business.

Warren Buffet even used the readings and lessons from this book to build his famous Coca-Cola position. "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

About the Author:

Widely respected and admired, Philip Fisher is among the most influential investors of all time. He began his career as a securities analyst in 1928 and then founded Fisher & Company, an investment counseling business, in 1931. Today, his investment philosophies, introduced almost forty years ago, are not only studied and applied by today's financiers and investors, but are also regarded by many as gospel.

Brief Summary:

In this book, Fisher teaches the reader how to find growth opportunities in areas that many overlook. He details 15 points to look for when buying a stock, the 3 reasons to sell a stock, the danger of limit orders, and many more teachings. All of these lessons and teachings ultimately provide a core understanding to the reader for investment growth and investment philosophy.