First published in 1958, Common Stocks and Uncommon Profits and Other Writings is regarded as a great resource by investors. Its chief author Philip Fisher is regarded amongst the most influential investors of all time. The updated version of this book also includes the perspectives of Ken Fisher, an investment guru and son of the original author. The opinions of Ken are presented in the form of an expanded preface and introduction.
The book has been divided into three sections taking the reader through nuances of how to buy a stock to development of an investment philosophy. In the first part of the book, Fisher lists 15 points to look for in a common stock. These pointers have become famous as a qualitative guide for companies who are seeking diagnosis. Part one of the book also consists of other basics, including what and when to buy, as well as when to sell stocks.