Notes & Commentary on “Common Stocks & Uncommon Profits” by Phil A Fisher (with applications to private companies)

I recently re-read Phil A Fisher’s classic, “Common Stocks and Uncommon Profits.” After first speed-reading a book, I return to those I think worthwhile, and the second time through take notes. On subsequent times I refine my notes. Below are my refined notes after several re-reads. Most of the words are the authors. Any errors Read more about Notes & Commentary on “Common Stocks & Uncommon Profits” by Phil A Fisher (with applications to private companies)[…]

Low Opportunity Cost Investing

Opportunity cost is one of those concepts that slinks away from you when you’re not looking. For that reason, I start with the definition. Opportunity Cost – “the loss of potential gain from other alternatives when one alternative is chosen” How can the opportunity cost be zero? When you select your best alternative you sacrifice Read more about Low Opportunity Cost Investing[…]

Introducing “Allocators” Webinar Series

Today, I am pleased to announce a new type of gathering we have dubbed “Allocators.” We are meeting via webinar in large part because Daryl doesn’t want to drive that much. Secondly (and somewhat more seriously), we want to connect with and help investors and current business owners outside of our target geography. The ideal Read more about Introducing “Allocators” Webinar Series[…]