The Fourth Dimension of Investing

Philip A. Fisher’s view on the risk of stock investing

Photo by Volodymyr Hryshchenko on Unsplash

Last month, I got to finish reading Fisher’s Common Stocks and Uncommon Profit. In his book, Fisher breaks down stock investment into four dimensions:

1. Superior production, marketing, research and financial skills
2. Outstanding managerial competence in the area stated…