Choose wisely. There is only one correct answer to each question.
0%
Keep studying!
Review your answers below to learn more.
1.
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.
2.
Fisher's time horizon for holding a well-selected stock can best be described as what?
Very long-term. According to Fisher, the holding period for a well-selected stock is approximately forever.
3.
Which statement would Fisher most agree with?
"I don't want a lot of good investments; I want a few outstanding ones." Fisher believed in owning a concentrated portfolio of excellent companies.
4.
According to Philip Fisher, few products or services really need a good sales staff behind them.
False. Fisher advocated an above-average sales organization, because few products or services could sell themselves without one.
5.
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.
