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500
Stocks 504:
Great Investors: Philip Fisher
Test your knowledge
Choose wisely. There is only one correct answer to each question.
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1.
According to Philip Fisher, investors should favor companies that have _______ outlook in regard to profits.
Choose wisely. There is only one correct answer.
A short-range
A long-range
Either a short-range or long-range
A long-range. Fisher believed that investors should take a long-range view
2.
Fisher's time horizon for holding a well-selected stock can best be described as what?
Choose wisely. There is only one correct answer.
Very long-term
Short-term
Three to five years
Very long-term. According to Fisher, the holding period for a well-selected stock is approximately forever.
3.
According to Philip Fisher, you _______ delay buying a good investment if there is a chance it will go down a few cents more.
Choose wisely. There is only one correct answer.
Should
Should not
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.
Philip Fisher did not stress owning a diversified portfolio.
Choose wisely. There is only one correct answer.
True
False
True. Rather, he believed in owning a few really good performers.
5.
Fisher was the author of which classic investment book?
Choose wisely. There is only one correct answer.
Security Analysis
One Up on Wall Street
Common Stocks and Uncommon Profits
Common Stocks and Uncommon Profits. Fisher's investment classic, Common Stocks and Uncommon Profits, was first published in 1958.
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