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  ‘Common Stocks And Uncommon Profits’ is one of the best books on investment written by Philip A. Fisher. The book explains the growth investing strategy and its superiority in generating maximum long term returns. “One is the need for patience if big profits are to be made from investment. It is often easier to tell what will happen to the price of the stock than how much time will elapse before it happens. The other is the inherently deceptive nature of the stock market. Doing what everybody else is doing at the moment, and therefore what you have an almost irresistible urge to do, is often the wrong thing to do at all.” “Even in those earlier times, finding the really outstanding companies and staying with them through all the fluctuations of a gyrating market proved far more profitable to far more people than did the more colorful practice of trying to buy them cheap and sell them dear.” “To the stock holder in the ...