From The Archives: Warren Buffett And Phil Fisher Value Interview

A Forbes special from the archives featuring a Warren Buffett and Phil Fisher interview.value  

Phil Fisher is probably one of the greatest investors who ever lived. Indeed, even Warren Buffett claims to have been influenced by the money manager once that he is ‘85% Graham and 15% Fisher’ (although today it could be argued that Buffett has switched these percentages round to be 85% Fischer and 15% Graham).

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Fisher is probably best known for his book Common Stock and Uncommon Profits, which at the time of publication was groundbreaking. In the book, Fischer promoted the process of investigation of being the key to successful investing. He coined the term ‘scuttlebutt’ which is probably the most essential aspect of his investment...