Podcast appearances and mentions of Philip A Fisher

“Common Stocks and Uncommon Profits” by Philip A. Fisher emphasizes the importance of investing in companies with strong growth potential over the long term. Fisher introduces the concept of “scuttlebutt,” or the practice of gathering information from various sources to gauge a company's investment potential. He outlines 15 points to look for in a great investment, including superior management, innovation, and scalability. The book argues for a thorough analysis and understanding of a business beyond its financial statements, focusing on qualitative factors. Fisher's methodology advocates for a long-term holding period and stresses that finding exceptional companies at reasonable prices is key to investing success.

Philip A. Fisher, considerado uno de los pioneros en el mundo de las inversiones, ofrece una guía atemporal para identificar empresas con alto potencial de crecimiento. Este libro, un clásico de las finanzas, ha influido en generaciones de inversores, incluidos nombres tan destacados como Warren Buffett. En Acciones Ordinarias y Beneficios Extraordinarios, Fisher detalla su enfoque único, centrado en el análisis exhaustivo de las empresas, desde su gestión hasta su capacidad de innovación. Su metodología, conocida como el “enfoque de inversión de crecimiento”, enseña a los lectores cómo evaluar el valor intrínseco de una compañía y reconocer oportunidades antes que el mercado. Este libro es una herramienta esencial para quienes buscan mejorar su criterio y tomar decisiones informadas en el mercado de valores. iA seguir aprendiendo! ¿Quieres unirte a nuestra membresía? Acá lo puedes hacer: https://hotm.art/FD4HbC5u 

Will Bachman and Ben Balbale discuss Balbale's journey since graduating from Harvard. Balbale talks about how he has applied technology to the world in various different guises. He also talks about how he worked during the summer to help pay for college. The speaker discusses their background in computer science and how it has helped them in their career. The Changing World of Computer Science They mention how the world of computer science has changed dramatically since they graduated college. They talk about how they started their career in management consulting and then went to business school. They mention how a third of their business school class moved to the Bay Area during the peak of the dot com bubble. Joe started out his career in sales, working for a software company in San Francisco. He then moved to New York to work for another software company. In 2005, he started looking at buying software companies that were trading below cash. This led to him joining a long-short equity fund in Boston. He then decided to go to business school. In the past 30 years, software has become increasingly prevalent in society. A Career in the Software Industry Ben Balbale reflects on his career in the software industry, and how it has changed over time. He discusses his decision to shut down his public software investment fund, and how he is now taking a pause to think about where he sees market opportunities and what he wants to do with the next 15,000 days of his working life. The Future of Investing In the first realization, Ben Balbale realized that he had effectively jumped over the next hurdle and that it was time for him to do something for himself. The second step was to realize that the software industry was not about the software itself, but rather about what you could do with that software. The speaker discusses the importance of computer science, especially in relation to software development. They mention the chat GPT algorithm and how it can be used for various purposes. The speaker then talks about how they have been thinking about markets where the concept of automation can be easily implemented.  Links: https://www.amazon.com/Noise-Human-Judgment-Daniel-Kahneman/dp/0316451401 https://www.amazon.ca/Masters-Scale-Surprising-Successful-Entrepreneurs/dp/0593239083 https://www.amazon.ca/One-Up-Wall-Street-Already/dp/0743200403 https://www.amazon.ca/Benjamin-Graham/e/B000APZXBQ/ref=dp_byline_cont_pop_book_1 https://www.amazon.ca/Philip-A-Fisher/e/B000AR9D8I/ref=dp_byline_cont_pop_ebooks_1 https://a16z.com/ Timestamps 4:23: How Ben's career history began. 9:49: The first step is realizing what is it that would be fun. 15:47: Gold standard resume box-checking. 20:44: What do you look at the world today? 24:52: Looking for a monster market with evangelical customer resonance. 32:54: How people are learning about investing. 37:58: The rise of ISIS and Islamic extremism. 41:34: Top books to read about investing.

“We look for exceptional small and mid cap companies with the wherewithal to become exceptional large companies.”   This is at the core of the investment philosophy of today's guest, Columbia Business School alum Amy Zhang. Amy is Executive Vice President and Portfolio Manager of the Alger Small Cap Focus, Alger Mid Cap Focus, Alger Mid Cap 40, and Alger Small Cap Growth Strategies. She joined Alger in 2015 and has 27 years of investment experience, including over a decade at Brown Capital Management as a Partner, Managing Director, and Senior Portfolio Manager of its Brown Capital Small Company Strategy.   Amy has received multiple accolades, including being named one of the "Best Female PMs to Invest with Now" by Morningstar in 2022 and one of the “Top 20 Female Portfolio Managers” by Citywire in 2021, 2019, and 2018.   In this episode, Amy, Michael, and I discuss Amy's unconventional background and studies, why she made the move to managing small cap growth portfolios, how to think about small cap investments, the key metrics she looks for when assessing potential companies, her classification system of motorboats and sailboats, opportunities available in the current market, and so much more!   For more information and disclosures please visit www.alger.com     Key Topics:   Reflections on the 2021/22 academic year (0:51) Welcome Amy to the show (1:26) How Amy found her way from studying math and physics to starting her investment career (2:44) How Amy's decision to apply to Columbia Business School (CBS) led to her first job in finance (5:43) Getting broad experiences after graduating from CBS (8:33) The valuable training and experiences Amy gained in her early career (10:24) Why Amy made the move to managing small cap growth portfolios (12:23) How Amy's investment philosophy has evolved (14:23) Alger's criteria for small cap (16:30) Getting a realistic perspective on the total addressable market (TAM) (19:10) Measuring the growth of intangibles inside a firm (23:53) Quantitative and qualitative metrics for assessing moats (25:12) Why management discussion is essential (26:51) Company classification: motorboats vs. sailboats (30:14) Why barriers to entry are more significant than first-mover advantage (32:15) Making the buy or sell decision (35:05) Assumptions that go into the margin of safety (37:37) Opportunities offered by the current market turmoil (41:42) Not all growth is created equal (45:57) How Amy thinks about portfolio construction in today's market (48:02) The importance of being benchmark agnostic (50:53) What worries and excites Amy most about the next few years in financial markets? (52:50) Amy's book recommendations (54:47) And much more!     Mentioned in this Episode:   Philip A. Fisher's Book | Common Stocks and Uncommon Profits and Other Writings Seth A. Klarman's Book | Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor Michael Mauboussin's Book | More Than You Know: Finding Financial Wisdom in Unconventional Places Scott Davis' Book | Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial Giants to Drive Sustainable Success Mark Robichaux's Book | Cable Cowboy: John Malone and the Rise of the Modern Cable Business     Thanks for Listening!   Be sure to subscribe on Apple, Google, Spotify, or wherever you get your podcasts. And feel free to drop us a line at valueinvesting@gsb.columbia.edu.   Follow the Heilbrunn Center on social media on Instagram, LinkedIn, and more!

หนังสือ Paths to Wealth Through Common Stocks ของ Philip A. Fisher- หนังสือเล่มที่สอง ของนักลงทุนคุณค่าชื่อดัง และเป็นหนังสือที่ดีมากเล่มหนึ่งของโลก- ทางสู่ความมั่งคั่งที่แท้จริงอยู่ที่การซื้อหุ้นถูกตัว และถูกจังหวะ- การเลือกซื้อหุ้นเหมือนเลือกซื้อบริษัท เราจะใช้หลักการเดียวกัน- ค่าเสื่อม หรือว่าหนี้สินของบริษัทคือสิ่งที่เราต้องคำนึงก่อนที่จะเข้าซื้อบริษัทเสมอมา- การจัดการของสินทรัพย์ เป็นสิ่งที่จำเป็นยิ่งกว่ามูลค่าของบริษัทเสียอีก

How does Buffett, known as the Sage of Omaha, invest? This book will take you on a journey through Buffett’s investment history. We’ll learn how Benjamin Graham, Philip A. Fisher, and Charlie Thomas Munger influenced Buffett’s investment outlook, philosophy, and methods. Integrating his investment principles into your thinking and investment actions may not make you a billionaire, but it can help you improve your investment skills in the long term.

Benjamin Graham, Philip A. Fisher, Burton G. Malkiel, Peter Lynch, Jeremy J. Siegel, Robert Shiller, William J. Bernstein ja Warren Buffett. Syyskuun Pörssipäivä kysyy, mitä voimme oppia osakesijoittamisen kovimmilta nimiltä. Keskustelun pohjana on pörssitoimittaja Karo Hämäläisen ja Nordnetin osakestrategi Jukka Oksaharjun tuore kirja Sijoita kuin guru. Jeremy J. Siegel on laskenut, että pitkällä aikavälillä osakkeet ovat Yhdysvalloissa tarjonneet 6,6 prosentin vuotuisen reaalituoton. Nykyisessä nollakorkoympäristössä kaikki tuotot jäävät varjoiksi historiasta, sanoo Jukka Oksaharju. Hänen mielestään sijoittajan pitää nyt valita vähiten huono vaihtoehto. Karo Hämäläisen mukaan suuri osa ihmisistä pärjää parhaiten sijoittamalla passiivisiin indeksirahastoihin. Osakkeista kiinnostuneet voivat seurata talousuutisia yrittäen voittaa markkinat. Yleensä harrastuksilla on kuitenkin hintansa, Hämäläinen muistuttaa. Toimittajana Mikko Jylhä.