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1.
Philip Fisher did not stress owning a diversified portfolio.
True. Rather, he believed in owning a few really good performers.
2.
What sorts of companies did Fisher favor?
Young growth companies. Fisher firmly believed that an investor's best shot at truly outstanding gains was to find a young, well-managed company with compelling growth prospects.
3.
According to Philip Fisher, you _______ delay buying a good investment if there is a chance it will go down a few cents more.
Should not. Many an investor has lost a good opportunity looking to save a few cents per share like this. Fisher advised against it.
4.
Fisher was the author of which classic investment book?
Common Stocks and Uncommon Profits. Fisher's investment classic, Common Stocks and Uncommon Profits, was first published in 1958.
5.
According to Philip Fisher, management quality _______.
Should cause you to avoid a stock if there are serious stewardship issues. According to Fisher "If there is a serious question of the lack of a strong management sense of trusteeship for shareholders, the investor should never seriously consider participating in such an enterprise."
