Investors & Money Managers
A Real Life Example of the Philip Fisher Scuttlebutt Approach
Great investor Philip Fisher who wrote Common Stocks and Uncommon Profits talked about an approach to value investing known as the Scuttlebutt. He said that an investor could find out information about a firm by asking customers, competitors, vendors, and consulting with published accounts that weren't necessarily present in regulatory filings...
Lessons from a Secret Multi-Millionaire
Anne Scheiber retired from the IRS where she worked as an auditor. Using a $5,000 lump sum she had saved, and a pension of roughly $3,150, over the next 50+ years, she built a fortune that exceeded $22,000,000 upon her death in 1995 when Anne Scheiber left the funds to Yeshiva University for a scholarship designed to help support deserving women.
15 Secrets to Investment Riches by Legendary Investor Philip Fisher
In his classic book Common Stocks and Uncommon Profits legendary investor Philip Fisher gave us fifteen things to look for in an excellent stock investment and five things to avoid when choosing common stocks.
Walter Schloss and Cost Control
Walter Schloss, a successful investor who worked for and studied under Benjamin Graham, crushed the market for nearly half a century while working out of a closet-sized subleased office at the Tweedy Browne headquarters in Manhattan. It is reported that Walter Schloss had total office expense of $11,000 while his partnership generated a net profit of $19,000,000.
John Neff managed the Vanguard Windsor Fund from 1964 to 1995. During that time, value investor John Neff built one of the best records of his generation, returning over 14.8 percent to his shareholders.
3 Traits You Need To Be a Great Investor
If you want to become a great investor in your own right, there are some common traits that are important to develop. Here is a rundown.