Common Stocks and Uncommon Profits and Other Writings

Wiley Investment Classics | By Philip A. Fisher

One of the most influential investing books ever written, Common Stocks and Uncommon Profits by Philip A. Fisher is a timeless masterpiece that transformed the way investors think about evaluating companies and building long-term wealth. Endorsed by Warren Buffett — who called Fisher one of the most important influences on his investment philosophy — this book remains essential reading for every serious investor.

Part of the prestigious Wiley Investment Classics series, this edition brings together Fisher’s landmark work along with his other key writings, offering a comprehensive view of his pioneering approach to growth investing.

What You’ll Learn

• The 15 Points framework for evaluating whether a company is worth investing in
• The concept of “scuttlebutt” — how to gather qualitative intelligence on a company before investing
• Why the best time to sell a great stock is almost never
• How to identify companies with outstanding long-term growth potential
• The importance of management quality, innovation, and corporate culture in investment decisions
• Fisher’s philosophy on diversification, patience, and the psychology of investing

Who Is This Book For?

Whether you are a beginner building your first portfolio or an experienced investor refining your strategy, Common Stocks and Uncommon Profits offers wisdom that stands the test of time. It is a must-read for anyone serious about value investing, growth investing, or understanding what truly makes a great business.

“I am an eager reader of whatever Phil Fisher writes.” — Warren Buffett