Of one thing the investor can be certain: A large company's need to bring in a new chief … - Philip Arthur Fisher

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None of us is alone in this world; each of us is a vital piece of the great mosaic of humanity as a whole.

Philip Arthur Fisher

Of one thing the investor can be certain: A large company's need to bring in a new chief executive from the outside is a damning sign of something basically wrong with the existing management - no matter how good the surface signs may have been as indicated by the most recent earnings statement.

Investing, Investor, Management, May, Needs, Surface

Same Author Quotes

The stock market is filled with individuals who know the price of everything, but the value of nothing.

Everything, Insightful, Money, Price, Saving, Value

Be extra careful when buying into companies and industries that are the current darlings of the financial community.

Buying, Community, Companies, Extra, Investing

History has shown that in every age and in every field of human knowledge, many of the views which almost everyone accepted as true and never bothered to think about further, were in time proven completely wrong.

Age, Shown, Thinking, True, Views

One, which I mention several times elsewhere, is the need for patience if big profits are to be made from investment. Put another way, it is often easier to tell what will happen to the price of a stock than how much time will elapse before it happens. The other is the inherently deceptive nature of the stock market. Doing what everybody else is doing at the moment, and therefore what you have an almost irresistible urge to do, is often the wrong thing to do at all.

Elapse, Everybody, Investing, Irresistible, Needs, Way

The successful investor is usually an individual who is inherently interested in business problems.

Interested, Investing, Investor, Problem, Problems, Successful