PHILIP A. FISHER

Slowly but Surely.

Good investing is not about earning the highest returns, because it tend to be one-off hits that can't be repeated. Its about getting good returns that you can stick with and can be repeated for longest period of time.

The investor believes that the market price is judged based on the established standards of value, while the speculator bases all their judgment on market price.

To distinguish whether you are the intelligent investor or a speculator, ask yourself whether or not you would invest in a stock...

Buffett follows the Benjamin Graham school of value investing, which are :

1. Look for securities whose prices are unjustifiably low based on their intrinsic worth.
2. Look at companies as a whole - company performance, company debt, and profit margins, whether compan...