BOOK SUMMARY: COMMON STOCKS AND UNCOMMON PROFITS

-

BOOK: COMMON STOCKS AND UNCOMMON PROFITS

AUTHOR: PHILIP A. FISHER

In the era we are living in, everyone wants to improve his standard of  living and everyone did if we go through history of human being. Risk in the investment was higher in past, now reward is even higher for successful investor. It doesn’t mean that we conquered business cycle even we are not able to tame it. But there are so many factors added which affect the investment in the stock market. These factors are emergence of modern corporate management, economic harnessing of scientific research and developmental engineering.

These factors did not change the fundamental of stock market investment. It is necessary to look for these factors before investment. In the book author suggested about what to buy, when to buy it and sell as long as the company maintains the successful business. Any able investor can gain profit but anyone who has understood the rules and fundamental principles of investment may not be successful if we did not have patience and self discipline. 

Anyone can buy the stock on the basis of analyzing companies plans for maintaining long range growth in profits and quality. By the stock when they are out of favor, either because of general market conditions or the financial community at the time, has misconception of it’s true worth.  

In the book we learn to hold the stock until -

a. It has any fundamental change

b. It has grown more than economy

If you do any mistake in stock market it will be lead to minimize your gains. It  would be like borrowing a bad loan. So avoid to do any mistake and if any done then recognize it and learn from it. It will be best if you take small risk in stock and wait for bigger reward. It will be the best investment. In the small scale companies whose price goes frequently up, may not be a good investment but if goes at it’s worth price then it can be a  profitable investment.

In our financial community sometimes we follow blindly the stock which is more talked about and sometime we reject the stock just for sake of misunderstanding but these things are not wise  to follow. We should go through every information pertaining to that stock then we should take any decision of buying or selling it. 

Our success in investment depends on our hard work, intelligence and honesty as it depends on most of the fields in our general life.

Comments

Post a Comment

If you have any doubt, please let me know.

Popular posts from this blog

BOOK SUMMARY: THE POWER OF YOUR SUBCONCIOU MIND

-
Image
The power of your subconscious mind book is written by Joseph Murphy . It is a self-help type book . In the book we read about the power of our subconscious mind. Our mind is the only leader of our thinking. It defines our success or failure. It decides our capabilities to do the things possible or impossible. We read in the book… People all around may discourage us but we should try and try until the task is done. We can do everything what we can think, if we prepare our subconscious mind. Our thoughts decide our life and actions to try to be positive most of the time. We have healing power in our subconscious mind. Every disease first develops in our mind then reaches to our body. We should govern our task according to our thinking. In any situation of our life we should think that we are happy, harmonious, strong, loving and careful etc. Negative thoughts like stress , anxiety, fear, tension etc. destroy our thinking and result in serious diseases. Peace of Mind is the greatest...
Read more

ABIDE BY

-
Image
We all know today is 15th August Independence Day. It is a very great day for us as a citizen of India. Today everyone is sharing photos and updating status on all the social media sites, like the whole country is coloured with tricolour. We all celebrate this day every year with full zeal and in patriotic way. We all have a cordial nature for our soldiers. We will always remember the sacrifice of soldiers in Jammu Kashmir operation (1948), China war (1962), Pakistan war (1965), Bangladesh war (1971), IPKF operation Pawan in Sri Lanka (1987), Kargil conflict (1999), and many more operations that gave befitting response to those who tried to dismantle the sovereignty of India. It feels very good to see everyone is patriotic and showing love towards the country but this feeling should be long lasting not only on Independence Day or in Republic day. In these two days we proudly hoist flag everywhere but after one or two days we saw many tore flags on the road, in garbage like a waste pap...
Read more

Unblocking The Most Beautiful Heart

-
It was 25 th  2010 July, first day of my engineering college. I was very sincere, so I was there to attend the class there were three boys and two girls, others were absent because it was first day and some people take the first day lightly. It was Reena ma’am‘s class but before teaching there was an introduction session. Though I was not good at English but I managed to introduce myself and told her about myself. After sometime it was turn of a girl. Her name was Jasmine, she was very busy in reading some books I thought she did not mind what’s going on. Ma’am said, “Jasmine… tell me about yourself.” She hastily stood up; she was very chubby, cute girl with pink cheeks. She introduced herself; i was very closely observing her and her beauty. Some of her hair locks were disturbing her vision by playing with her spectacles. For me it was like love at first sight. Her pink lips were like petals of rose. Her eyes were big like it was hiding a deep mysterious ocean in which i could ...
Read more