Common stocks and extraordinary returns. Philip A. Fisher.
If you are interested in the stock market, then it is best to start mastering it with theory, and the best book on the stock market can be called the work of Philip Fisher.
Ordinary Stocks and Extraordinary Income is a book that will not only help you learn the theoretical foundations of stock trading, but will also reveal some of the practical secrets of this type of activity.
Its author is not just a theoretical analyst, but a former owner and manager of a large inversion fund with billions of dollars in turnover.
Philip Fisher was one of the first to use non-standard approaches to valuing shares; he determined the actual value of the asset, rather than relying on a biased market indicator.
The main sections of the book are:
1. Ordinary shares and extraordinary income - the section contains the basics, thanks to which you can choose the most suitable investment object. The main theses of this part can be called what to choose, when to buy and when to sell.
3. On the way to the philosophy of investment - philosophical aspects are considered in relation to stock trading.
A separate chapter in the appendix talks about factors that, by studying, an investor can improve the efficiency of work in the stock market.
You can download the book in one of the online stores