Warren Buffett comes from the school of value investing, but his methodology and thinking has changed over the years to incorporate more flexible concepts of value than just book value or dividends. In this book, Philip Fisher explains the real fundamental basis for “growth stock” investing – recognizing that in some cases, the dominant factor for successful investing can be finding companies with outstanding growth potential. This may seem obvious to those of you out there who follow the technology industry, but I found this book crucial for my internal rationalization of the logic of both value and growth investing.
Daffy