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Stocks 504: Great Investors: Philip Fisher

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1.
According to Philip Fisher, investors should favor companies that have _______ outlook in regard to profits.
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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?
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Very long-term. According to Fisher, the holding period for a well-selected stock is approximately forever.
3.
Philip Fisher did not stress owning a diversified portfolio.
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True. Rather, he believed in owning a few really good performers.
4.
According to Philip Fisher, few products or services really need a good sales staff behind them.
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False. Fisher advocated an above-average sales organization, because few products or services could sell themselves without one.
5.
Fisher was the author of which classic investment book?
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Common Stocks and Uncommon Profits. Fisher's investment classic, Common Stocks and Uncommon Profits, was first published in 1958.