Philip A. Fisher 
Paths to Wealth Through Common Stocks 

Paths to Wealth through Common Stocks contains one original conceptafter another, each designed to greatly improve the results ofthose who self-manage their investments — while helping those whorely on professional investment advice select the right advisor fortheir needs.

Originally written by investment legend Philip A. Fisher in 1960, this timeless classic is now reintroduced by his well-known andrespected son, successful money manager Ken Fisher, in a new Foreword.

Filled with in-depth insights and expert advice, Paths to Wealththrough Common Stocks expands upon the innovative ideas foundin Fisher’s highly regarded Common Stocks and Uncommon Profits — summarizing how worthwhile profits have been andwill continue to be made through common stock ownership, andrevealing why his method can increase profits while reducing risk.Many of the ideas found here may depart from conventionalinvestment wisdom, but the impressive results produced by theseconcepts — which are still relevant in today’s market environment– will quickly remind you why Philip Fisher is considered one ofthe greatest investment minds of our time.

Tabla de materias

Foreword.

Preface. The Need for Additional Investment Books.

Part I. Adjusting to the Key Influences of the1960’s.

Stocks and Inflation; Institutional Buying; Foreign.

Competition; Increased Population; The Economists.

Go Out, the Psychologists Come In.

Part II. How the Greatest Increases in Stock Values Come About.

Alert Corporate Management; A New Concept.

The Role of Institutional Buying; A Reward

Usually Overlooked.

Part III. You and Where Your Investment Business Must Go.

Methods of Investment Evaluation; Five Steps for

Selecting the Right Investment Counselor.

Part IV. Trivia, but not Entirely.

What About Mergers? Voting Rights and Proxy.

Fights; Stocks and Election Prospects.

Part V. Major Growth Industries of the 1960’s.

Chemical; Electronics; Drug; Others; The False.

Growth Industries of the Postwar Market; What

About Oils?

Index.

Sobre el autor

PHILIP A. FISHER (1907-2004) began his career as asecurities analyst in 1928 and founded Fisher & Company, aninvestment counseling business, in 1931. He is known as one of thepioneers of modern investment theory. After writing this book, Fisher taught at Stanford as one of only three to ever teach the Graduate School of Business Investment Management course. His otherwritings include investment classics such as Common Stocks and Uncommon Profits, Conservative Investors Sleep Well, and Developingan Investment Philosophy.

KEN FISHER is best known for his prestigious ‘Portfolio Strategy’ column in Forbes magazine, where his twenty-three-yeartenure of high-profile calls makes him the fourth longest-runningcolumnist in Forbes’s ninety-year history. Ken is the founder, Chairman, and CEO of Fisher Investments, a multi-product moneymanagement firm with over $40 billion under management. His successhas ranked him #297 on the 2006 Forbes 400 list of richest Americans. He is a regular in the media and has appeared in mostmajor American finance or business periodicals. Fisher alsorecently authored the New York Times bestseller The Only Three Questions That Count, also published by Wiley.