Longterm investment success requires thorough research from "summary" of Common Stocks and Uncommon Profits by Philip A. Fisher
Long-term investment success is not a matter of luck or chance. It requires a deliberate and disciplined approach that is grounded in thorough research. This means taking the time to carefully analyze a company's financial statements, management team, competitive position, and growth prospects. By doing so, investors can gain a deeper understanding of the business and make more informed decisions about whether to buy, hold, or sell its stock. Thorough research is essential because it helps investors identify companies that have the potential to deliver long-term value. This is especially important in today's fast-paced and complex market environment, where companies can quickly...
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