There we might find Philip Fisher more usable.Although I argued against Graham's formula it's infinitely better than a Fisher analysis. I remember seeing a 15 (?) point Fisher analysis by Mycroft*** some time ago on Nokia and found no attempt to measure whether the company was under- or overvalued. That's similar to the rule maker flaw. We might have reasons to like a company, but without translating that into a formal valuation we can't know whether it has a chance of being a good investment.*** I don't know whether Fisher advocated some valuation steps also, but recommending a buy based on the 15 (?) point analysis I saw is meaningless.Datasnooper.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra