Ignore Short-Term Market Moves
"Short-term stock price fluctuations tell you almost nothing about the true value of a company. Focus on the business, not the ticker."
Short-term price moves are meaningless noise.
Read Full Analysis →Philip Arthur Fisher (September 8, 1907 – March 11, 2004) was an American stock investor and author, best known as a pioneer of growth investing. His investment firm, Fisher & Co., founded in 1931, managed client funds for nearly seven decades. Fisher is renowned for his "scuttlebutt" method of research – gathering information about companies by talking to customers, suppliers,...
"Short-term stock price fluctuations tell you almost nothing about the true value of a company. Focus on the business, not the ticker."
Short-term price moves are meaningless noise.
Read Full Analysis →"The stock market is filled with individuals who know the price of everything but the value of nothing. Following the crowd leads to mediocre results."
Don't follow the crowd in stock selection.
Read Full Analysis →"Markets consistently overreact to both good and bad news. These overreactions create opportunities for the patient, rational investor."
Market overreactions create buying opportunities.
Read Full Analysis →Philip Fisher has 3 key principles on market psychology. The most important one is "Ignore Short-Term Market Moves" — Short-term stock price fluctuations tell you almost nothing about the true value of a company.
Philip Fisher applies market psychology through several key principles including "Ignore Short-Term Market Moves" and "The Crowd Is Usually Wrong". These principles guide practical investment decisions and have been tested across decades of market cycles.
Philip Fisher's approach to market psychology is distinguished by a focus on long-term thinking and fundamental analysis. With 3 specific principles in this area, Philip Fisher provides a comprehensive framework that investors at any level can study and apply to improve their decision-making.