Quote of the day by Philip Fisher: ‘I don't want a lot of good investments; I want a few outstanding ones’

Philip Fisher, a renowned long-term growth investor, emphasized the importance of seeking a few exceptional investments rather than numerous mediocre ones. His philosophy resonates particularly in today's volatile stock market, where investors are often inundated with options promising substantial returns. Fisher's approach advocates for thorough research and careful selection, encouraging investors to focus on quality over quantity. By identifying and nurturing a select number of outstanding investments, individuals can potentially achieve significant financial growth over time. This mindset challenges the common tendency to chase multiple good investments, suggesting instead that a concentrated strategy can lead to better long-term results. As investors navigate current market uncertainties, reflecting on Fisher's insights may provide valuable guidance in making more informed investment choices.
Originally reported by LiveMint. Read original article
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