Fisher's investment philosophy is built on several key principles that have stood the test of time:
Long-term Investment: Unlike many investors who focus on short-term gains, Fisher emphasized the importance of long-term investment. He believed that holding stocks for a long period allows investors to benefit from the compound growth of earnings. Focus on Quality: Fisher was a firm believer in investing in high-quality companies. He looked for businesses with strong management teams, innovative products, and a competitive edge in their industry. Research and Analysis: Extensive research and thorough analysis were the cornerstones of Fisher's strategy. He advocated for a deep understanding of a company’s business model, financials, and competitive position before making an investment.