---
title: "Meaning & Key Takeaway of: Practical investors usually learn their…"
description: "\"Practical investors usually learn their problem is finding enough outstanding investments, rather than choosing among too many.\" — Philip Arthur Fisher"
image: "https://sms4smile.com/quotes/i/fee/philip-arthur-fisher-43198_enough_practical-investors-usually-learn-their_2155425.jpg"
---

#  Practical investors usually learn their problem is finding…

![“Practical investors usually learn their problem is finding enough outstanding investments, rather than choosing among too many.” quote by Philip Arthur Fisher](https://sms4smile.com/quotes/i/fee/philip-arthur-fisher-43198_enough_practical-investors-usually-learn-their_2155425.jpg)   [Download](https://sms4smile.com/quotes/i/fee/philip-arthur-fisher-43198_enough_practical-investors-usually-learn-their_2155425.jpg) [Open image](https://sms4smile.com/quotes/i/fee/philip-arthur-fisher-43198_enough_practical-investors-usually-learn-their_2155425.jpg)

> “Practical investors usually learn their problem is finding enough outstanding investments, rather than choosing among too many.”

[Philip Arthur Fisher](https://sms4smile.com/quotes/author/philip-arthur-fisher/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Investors often struggle to locate quality opportunities rather than being overwhelmed by too many choices.

**In simple terms:** Finding good investments is harder than picking among many.

Key Takeaway

Focus on sourcing quality deals.

Themes

investment quality search

Mood

analytical pragmatic

Type

financial strategic

When to use this quote

- venture capital
- stock selection
- portfolio building

Key Concepts

deal flow due diligence investment strategy

Questions to Reflect On

- How do you assess an investment's outstanding potential?
- What methods improve deal sourcing?

A Different Perspective

Quality can be subjective and hard to define.

★ ★ ★ ★ ★   No ratings yet

[Customer](https://sms4smile.com/quotes/about/customer/) [Enough](https://sms4smile.com/quotes/about/enough/) [Findings](https://sms4smile.com/quotes/about/findings/) [Investing](https://sms4smile.com/quotes/about/investing/) [Investment](https://sms4smile.com/quotes/about/investment/) [Investments Choosing](https://sms4smile.com/quotes/about/investments-choosing-4549694/) [Investors](https://sms4smile.com/quotes/about/investors/) [Investors Usually](https://sms4smile.com/quotes/about/investors-usually-396922/) [Outstanding](https://sms4smile.com/quotes/about/outstanding/) [Outstanding Investments](https://sms4smile.com/quotes/about/outstanding-investments-4549693/) [Practical Investors](https://sms4smile.com/quotes/about/practical-investors-4549692/) [Practicals](https://sms4smile.com/quotes/about/practicals/) [Problem](https://sms4smile.com/quotes/about/problem/)

## Related quotes

> [Because investors are not usually penalized for adhering to conventional practices, doing so is the less professionally risky strategy, even though it virtually guarantees…](https://sms4smile.com/quotes/seth-klarman/because-investors-are-not-usually-penalized-for-adhering-to/)

[Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/)

> [When it comes to owning stocks of the best-known businesses in the world, value investors usually feel like children looking through the window of…](https://sms4smile.com/quotes/whitney-tilson/when-it-comes-to-owning-stocks-of-the-best-known-businesses-in-the/)

[Whitney Tilson](https://sms4smile.com/quotes/author/whitney-tilson/)

> [Of one thing the investor can be certain: A large company's need to bring in a new chief executive from the outside is a…](https://sms4smile.com/quotes/philip-arthur-fisher/of-one-thing-the-investor-can-be-certain-a-large-company-s-need-to/)

[Philip Arthur Fisher](https://sms4smile.com/quotes/author/philip-arthur-fisher/)

> [The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable…](https://sms4smile.com/quotes/john-maynard-keynes/the-outstanding-faults-of-the-economic-society-in-which-we-live-are/)

[John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/)

> [To win in the game of life, we all need both a healthy mind and body. By involving children in the fun and dynamic…](https://sms4smile.com/quotes/digger-phelps/to-win-in-the-game-of-life-we-all-need-both-a-healthy-mind-and-body/)

[Digger Phelps](https://sms4smile.com/quotes/author/digger-phelps/)

> [Wright is a visionary with a great strategic mind, and he's a strong business leader with outstanding people skills, ... He's a terrific guy…](https://sms4smile.com/quotes/jack-welch/wright-is-a-visionary-with-a-great-strategic-mind-and-he-s-a-strong/)

[Jack Welch](https://sms4smile.com/quotes/author/jack-welch/)

> [...Ori Kam is an outstanding violist who has already played as a soloist with the Israel Philharmonic Orchestra twice, much to our delight and…](https://sms4smile.com/quotes/zubin-mehta/ori-kam-is-an-outstanding-violist-who-has-already-played-as-a-soloist/)

[Zubin Mehta](https://sms4smile.com/quotes/author/zubin-mehta/)

> [Our goal is to find an outstanding business at a sensible price, not a mediocre business at a bargain price.](https://sms4smile.com/quotes/warren-buffett/our-goal-is-to-find-an-outstanding-business-at-a-sensible-price-not-a/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [I haven't seen a player in this game, as long as I've been in it, that can't be pitched to... Barry is an outstanding…](https://sms4smile.com/quotes/frank-robinson/i-haven-t-seen-a-player-in-this-game-as-long-as-i-ve-been-in-it-that/)

[Frank Robinson](https://sms4smile.com/quotes/author/frank-robinson/)

> [ In the struggle to defend the legacy of Leninism . . . \[Stalin\] proved himself to be an outstanding Marxist-Leninist fighter. . . .… ](https://sms4smile.com/quotes/mao-zedong/in-the-struggle-to-defend-the-legacy-of-leninism-stalin-proved/)

[Mao Zedong](https://sms4smile.com/quotes/author/mao-zedong/)

> [People love to hear the brag of the local boy, because they want him to be great, but the foreigner must deny that he…](https://sms4smile.com/quotes/orson-scott-card/people-love-to-hear-the-brag-of-the-local-boy-because-they-want-him/)

[Orson Scott Card](https://sms4smile.com/quotes/author/orson-scott-card/)

> [Not only is Rip Hamilton an outstanding basketball player, he is also known for giving back to his community.](https://sms4smile.com/quotes/jim-gerlach/not-only-is-rip-hamilton-an-outstanding-basketball-player-he-is-also/)

[Jim Gerlach](https://sms4smile.com/quotes/author/jim-gerlach/)

> [He's got everything. He' not a great player yet because he hasn't won any major championships, but it's a matter of time. He's an…](https://sms4smile.com/quotes/nick-price/he-s-got-everything-he-not-a-great-player-yet-because-he-hasn-t-won/)

[Nick Price](https://sms4smile.com/quotes/author/nick-price/)

> [President Bush has had an outstanding Secretary of State in Colin Powell and there are not many people who could replace him, making Condoleezza…](https://sms4smile.com/quotes/anonymous/president-bush-has-had-an-outstanding-secretary-of-state-in-colin/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [“In your goals to go the extra mile, prepare to pay an extra cost. Excellence is to be exceptional, surpassing, more competent and a…](https://sms4smile.com/quotes/israelmore-ayivor/in-your-goals-to-go-the-extra-mile-prepare-to-pay-an-extra-cost/)

[Israelmore Ayivor](https://sms4smile.com/quotes/author/israelmore-ayivor/)

## More by Philip Arthur Fisher

> [I had made what I believe was one of the more valuable decisions of my business life. This was to confine all efforts solely…](https://sms4smile.com/quotes/philip-arthur-fisher/i-had-made-what-i-believe-was-one-of-the-more-valuable-decisions-of/)

[Philip Arthur Fisher](https://sms4smile.com/quotes/author/philip-arthur-fisher/)

> [Of one thing the investor can be certain: A large company's need to bring in a new chief executive from the outside is a…](https://sms4smile.com/quotes/philip-arthur-fisher/of-one-thing-the-investor-can-be-certain-a-large-company-s-need-to/)

[Philip Arthur Fisher](https://sms4smile.com/quotes/author/philip-arthur-fisher/)

> [If the growth rate is so good that in another ten years the company might well have quadrupled, is it really of such great…](https://sms4smile.com/quotes/philip-arthur-fisher/if-the-growth-rate-is-so-good-that-in-another-ten-years-the-company/)

[Philip Arthur Fisher](https://sms4smile.com/quotes/author/philip-arthur-fisher/)

> [History has shown that in every age and in every field of human knowledge, many of the views which almost everyone accepted as true…](https://sms4smile.com/quotes/philip-arthur-fisher/history-has-shown-that-in-every-age-and-in-every-field-of-human/)

[Philip Arthur Fisher](https://sms4smile.com/quotes/author/philip-arthur-fisher/)

> [The successful investor is usually an individual who is inherently interested in business problems.](https://sms4smile.com/quotes/philip-arthur-fisher/the-successful-investor-is-usually-an-individual-who-is-inherently/)

[Philip Arthur Fisher](https://sms4smile.com/quotes/author/philip-arthur-fisher/)

> [I remember my sense of shock some half-dozen years ago when I read a recommendation to sell shares of a company ... The recommendation…](https://sms4smile.com/quotes/philip-arthur-fisher/i-remember-my-sense-of-shock-some-half-dozen-years-ago-when-i-read-a/)

[Philip Arthur Fisher](https://sms4smile.com/quotes/author/philip-arthur-fisher/)

> [Be extra careful when buying into companies and industries that are the current darlings of the financial community.](https://sms4smile.com/quotes/philip-arthur-fisher/be-extra-careful-when-buying-into-companies-and-industries-that-are/)

[Philip Arthur Fisher](https://sms4smile.com/quotes/author/philip-arthur-fisher/)

> [My mistake was to project my skill beyond the limits of experience. I began investing outside the industries which I believe I thoroughly understood,…](https://sms4smile.com/quotes/philip-arthur-fisher/my-mistake-was-to-project-my-skill-beyond-the-limits-of-experience-i/)

[Philip Arthur Fisher](https://sms4smile.com/quotes/author/philip-arthur-fisher/)

[Explore all 9 Philip Arthur Fisher quotes ](https://sms4smile.com/quotes/author/philip-arthur-fisher/)

## More Customer quotes

> [“Start a business, not a startup”](https://sms4smile.com/quotes/anonymous/start-a-business-not-a-startup/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [Amongst the financial Twitterati, the term 'muppets' has come to describe any client used and abused by some financial predator. I've adopted the term…](https://sms4smile.com/quotes/barry-ritholtz/amongst-the-financial-twitterati-the-term-muppets-has-come-to/)

[Barry Ritholtz](https://sms4smile.com/quotes/author/barry-ritholtz/)

> [Many early-stage entrepreneurs make one simple mistake: Describing this 'big picture' in vague concepts and words.](https://sms4smile.com/quotes/sunil-nagaraj/many-early-stage-entrepreneurs-make-one-simple-mistake-describing/)

[Sunil Nagaraj](https://sms4smile.com/quotes/author/sunil-nagaraj/)

> [The purpose of this book is to supply, in the form suitable for laymen, guidance in the adoption and execution of an investment policy.](https://sms4smile.com/quotes/benjamin-graham/the-purpose-of-this-book-is-to-supply-in-the-form-suitable-for-laymen/)

[Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/)

> [Don't think OF the market. Think AS the market.](https://sms4smile.com/quotes/michael-fishman/don-t-think-of-the-market-think-as-the-market/)

[Michael Fishman](https://sms4smile.com/quotes/author/michael-fishman/)

> [If Wall Street crashes, does Main Street follow? Not necessarily.](https://sms4smile.com/quotes/ben-bernanke/if-wall-street-crashes-does-main-street-follow-not-necessarily/)

[Ben Bernanke](https://sms4smile.com/quotes/author/ben-bernanke/)

> [The exact details of how you practice value investing will vary investor to investor, but the fundamental principle of scouring the world, looking for…](https://sms4smile.com/quotes/whitney-tilson/the-exact-details-of-how-you-practice-value-investing-will-vary/)

[Whitney Tilson](https://sms4smile.com/quotes/author/whitney-tilson/)

> [The best way to hold customers is to constantly figure out how to give them more for less.](https://sms4smile.com/quotes/philip-kotler/the-best-way-to-hold-customers-is-to-constantly-figure-out-how-to/)

[Philip Kotler](https://sms4smile.com/quotes/author/philip-kotler/)

> [Perhaps the most important reason to be skeptical of government inflation numbers is that the government, like a fox campaigning to guard a hen…](https://sms4smile.com/quotes/peter-schiff/perhaps-the-most-important-reason-to-be-skeptical-of-government/)

[Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/)

> [When the dollar collapses, it's not doing it in a vacuum. If the dollar loses value, it's doing so relative to some other currency.…](https://sms4smile.com/quotes/peter-schiff/when-the-dollar-collapses-it-s-not-doing-it-in-a-vacuum-if-the-dollar/)

[Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/)

> [Corporations invest in sophisticated CRM, or Customer Relationship Management, programs to effectively oversee their relationship with their customers at every point during the buying…](https://sms4smile.com/quotes/marc-ostrofsky/corporations-invest-in-sophisticated-crm-or-customer-relationship/)

[Marc Ostrofsky](https://sms4smile.com/quotes/author/marc-ostrofsky/)

> [I believe confusion is good. Worldwide market leaders gain when there is confusion in the market.](https://sms4smile.com/quotes/subhash-chandra/i-believe-confusion-is-good-worldwide-market-leaders-gain-when-there/)

[Subhash Chandra](https://sms4smile.com/quotes/author/subhash-chandra/)

> [Damn inflation, full speed ahead,' Greenspan has said in both action and word. I think an investor should believe him and invest accordingly.](https://sms4smile.com/quotes/bill-gross/damn-inflation-full-speed-ahead-greenspan-has-said-in-both-action-and/)

[Bill Gross](https://sms4smile.com/quotes/author/bill-gross/)

> [“When companies get big, they devote most of their care and feeding to the business that got them big. This is as it should…](https://sms4smile.com/quotes/eric-schmidt/when-companies-get-big-they-devote-most-of-their-care-and-feeding-to/)

[Eric Schmidt](https://sms4smile.com/quotes/author/eric-schmidt/)

> [“Salesmanship is usually the art of making it the prospect’s problem, the salesperson’s need or desire to earn money.”](https://sms4smile.com/quotes/mokokoma-mokhonoana/salesmanship-is-usually-the-art-of-making-it-the-prospect-s-problem/)

[Mokokoma Mokhonoana](https://sms4smile.com/quotes/author/mokokoma-mokhonoana/)

[Browse all 9,257 Customer quotes ](https://sms4smile.com/quotes/about/customer/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Quotation",
            "text": "Practical investors usually learn their problem is finding enough outstanding investments, rather than choosing among too many.",
            "creator": {
                "@type": "Person",
                "name": "Philip Arthur Fisher"
            },
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "url": "https://sms4smile.com/quotes/philip-arthur-fisher/practical-investors-usually-learn-their-problem-is-finding-enough/",
            "about": {
                "@type": "Thing",
                "name": "Customer"
            },
            "@id": "https://sms4smile.com/quotes/philip-arthur-fisher/practical-investors-usually-learn-their-problem-is-finding-enough/#quotation",
            "image": {
                "@type": "ImageObject",
                "@id": "https://sms4smile.com/quotes/i/fee/philip-arthur-fisher-43198_enough_practical-investors-usually-learn-their_2155425.jpg",
                "contentUrl": "https://sms4smile.com/quotes/i/fee/philip-arthur-fisher-43198_enough_practical-investors-usually-learn-their_2155425.jpg",
                "url": "https://sms4smile.com/quotes/i/fee/philip-arthur-fisher-43198_enough_practical-investors-usually-learn-their_2155425.jpg",
                "width": 1080,
                "height": 1080,
                "caption": "“Practical investors usually learn their problem is finding enough outstanding investments, rather than…” — Philip Arthur Fisher",
                "creditText": "SMS4Smile Quotes",
                "creator": {
                    "@id": "https://sms4smile.com/quotes/#organization"
                }
            }
        },
        {
            "@type": "BreadcrumbList",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Philip Arthur Fisher",
                    "item": "https://sms4smile.com/quotes/author/philip-arthur-fisher/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "Practical investors usually learn their problem...",
                    "item": "https://sms4smile.com/quotes/philip-arthur-fisher/practical-investors-usually-learn-their-problem-is-finding-enough/"
                }
            ],
            "@id": "https://sms4smile.com/quotes/philip-arthur-fisher/practical-investors-usually-learn-their-problem-is-finding-enough/#breadcrumb"
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```
