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A meta thread consisting of a thread for each of Phil Fisher's 15 points to look for when investing in a stock, taken from his classic investment book, Common Stocks and Uncommon Profits.
This is probably my favorite investment book -- so much wisdom!
(continued)
This is probably my favorite investment book -- so much wisdom!
(continued)
Point #1: Does the company have products or services with sufficient marketpotential to make possible a sizable increase in sales for at least several years. https://twitter.com/Matt_Cochrane7/status/1226674441402421249
Point #2: Is management determined to develop products/processes that will further increase total sales when potential of current products is fully exploited? https://twitter.com/Matt_Cochrane7/status/1227392881696137216
Point #3: How effective are the company's research and development efforts in relation to its size? https://twitter.com/Matt_Cochrane7/status/1237520931636969473
Point #4: Does the company have an above-average sales organization? https://twitter.com/Matt_Cochrane7/status/1254961187877519360
Point #5: Does the company have a worthwhile profit margin? https://twitter.com/Matt_Cochrane7/status/1257038532088082432
Point #6: What is the company doing to maintain or improve profit margins? https://twitter.com/Matt_Cochrane7/status/1259880614771163139
Point #7: Does the company have outstanding labor and personnel relations? https://twitter.com/Matt_Cochrane7/status/1262049292338020353
Point #8: Does the company have outstanding executive relations? https://twitter.com/Matt_Cochrane7/status/1264606912701743105
Point #9: Does the company have depth to its management? https://twitter.com/Matt_Cochrane7/status/1270018299989045253
Point #10: How good are the company's cost analysis and accounting controls? https://twitter.com/Matt_Cochrane7/status/1272280598418202624
Point #11: Are there other aspects of the business, specific to its industry, which will help investors understand its standing wrt competition? https://twitter.com/Matt_Cochrane7/status/1275106114246500352
Point #12: Does the company have a short-range or long-range outlook in regard to profits? https://twitter.com/Matt_Cochrane7/status/1277303948051955717
Point #13: Is the company issuing too much equity (paraphrased for brevity)? https://twitter.com/Matt_Cochrane7/status/1284952641446072321
Point #14: Does management "clam up" when things don't go well? (paraphrased for brevity) https://twitter.com/Matt_Cochrane7/status/1287457771529613313
Point #15: Does the company have a management of unquestionable integrity? https://twitter.com/Matt_Cochrane7/status/1292532943932596224
