Quotes by Philip Fisher

There are fads and styles in

There are fads and styles in the stock market just as there are in women's clothes. These can, for as much as several years at a time, produce distortions in the relationship of existing prices to real values almost as great as those faced by the merchant who can hardly give away a rack full of the highest quality knee-length dresses in a year when fashion decrees that they be worn to the ankle.

- from Common Stocks and Uncommon Profits book by Philip Fisher