Personal Profile

Fisher's career commenced in 1928 when he dropped out from Stanford Business School to work as a Security Analyst with the Anglo-London Bank. He then joined a stock exchange firm before co-founding his own money management business as Fisher & Company in 1931. At the age of 91, he retired and is said to have made his clients amazing investment gains.

Investment Style

One of his most well-known examples of his proficiency in money management is his purchase of Motorola stocks in 1977, which Fisher held till his death. When he bought the stock, Motorola was just a radio manufacturing company.

As Fisher believes in long term investing, saw the stock grow 20-fold during the period of 21 years from his purchase. Philip said that the best time to sell a stock was "almost never", as stated by Investopedia.

His most renowned "fifteen points to look for in a common stock" were divided up between two categories: Management's qualities and the Characteristics of the business.

Philip Fisher always did a far and wide research on a company. A basic rule, what he called "scuttlebutt," or the "business grapevine," was his technique of choosing a stock.