27-10-2022, 11:38 AM
An interview that is 35 years old.
On one hand, it is interesting to see a lot of things haven't change, especially human behavior. Maybe it will never change?
On the other hand, many things been mentioned are not applicable anymore with the passage of time. But again, the principles behind some of those been mentioned, are timeless.
A Rare Interview with Phil Fisher Following the 1987 Crash
Qn: What do you look for in a core stock?
Ans: They are all low-cost producers; they are all either world leaders in their fields or can fully measure up to another of my yardsticks, the Japanese competition. They all now have promising new products, and they all have managements of above-average capabilities by a wide margin.
https://investmenttalk.substack.com/p/a-...hil-fisher
On one hand, it is interesting to see a lot of things haven't change, especially human behavior. Maybe it will never change?
On the other hand, many things been mentioned are not applicable anymore with the passage of time. But again, the principles behind some of those been mentioned, are timeless.
A Rare Interview with Phil Fisher Following the 1987 Crash
Qn: What do you look for in a core stock?
Ans: They are all low-cost producers; they are all either world leaders in their fields or can fully measure up to another of my yardsticks, the Japanese competition. They all now have promising new products, and they all have managements of above-average capabilities by a wide margin.
https://investmenttalk.substack.com/p/a-...hil-fisher