PATHS TO WEALTH THROUGH COMMON STOCKS by Philip A. Fisher

PATHS TO WEALTH THROUGH COMMON STOCKS

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KIRKUS REVIEW

This is a successor to Common Stocks and Uncommon Profits (Harper-1958) occasioned by the response to the earlier book and again it is directed at the long term investor rather than the get-rich-quick speculator. Also again Fisher stresses both the importance of determining outstanding management in any company before investing in it, and just when shares in that company are to be purchased. He expounds his philosophy of inflation which is not that held by most economists. He discusses at length how to find the right investment help as he feels that most people do not get the right advice. And he analyzes the three major growth industries (electronics, chemicals and drugs) in general terms. A book for the insecure, inexperienced investor offering general guidance rather than specific suggestions. The publishers will underwrite it with heavy promotion and the title is inviting.

Pub Date: Sept. 7th, 1960
ISBN: 0470139498
Publisher: Prentice-Hall