Quote of the day Philip Fisher: “I think a weakness of many people’s approach to investment is that they try to be jacks of all trades and masters of none.”

Philip Fisher’s insight warns against investors spreading themselves too thin, advocating for deep expertise over superficial diversification. Chasing trends without understanding leads to reactive decisions, while focused research in specific areas builds an edge. Mastery in a few chosen strategies, rather than breadth, fosters conviction for long-term success.