Common Stocks and Uncommon Profits and Other Writings

D 
Davies, Paul L., 242 

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 Index 
2 8 5 
Day-to-day tasks, 241 
Defense contracts, 56–58, 157–158 
Deficits, 39, 42 
Depreciation, 116–117 
Depressions, 39, 42, 102, 157, 158, 223, 256, 266. See also Great Depression 
Depth, management, 68–70 
Development. See Research and development 
Discipline, management, 196–197, 282 
Discount, growth, 130–131 
Diversification, 135–144, 277 
Dividends, 114–122, 264–265, 276 
dependability of, 120–121 
and reinvesting, 90–91 
Do few things well, 259–260 
Don’ts for investors, 123–134, 135–161 
Dow, Herbert, 254, 255 
Dow Chemical Company, 61, 84, 85, 137, 156, 191–192, 195, 253–255 
Dow Jones Industrial Averages, 130, 131, 177, 269 
Drug industry. See Pharmaceutical stocks 
Du Pont, 49–50, 84, 85, 137 
E 
Earnings, per-share, 149–153. See also Price-earnings ratio 
Economic forecasting. See Forecasts 
Economies of scale. See Scale 
Efficient market, 266–278 
fallacy of, 267–270 
Raychem and, 274–275 
Elox, 142 
Emmett, Boris, 229–230 
Employees. See also Labor relations; Personnel relations; People factors
former, and scuttlebutt, 46 
of good place to work, 192–196 
Engineering. See Research and development 
Equity financing, growth and, 74–75 
Evaluating firms, 279–282 
Executive Institute (Motorola), 190, 195 
Executive relations, 67–68 
Experience 
formative, 229–231 
learning from, 238–251 
school of, 231–232 

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2 8 6
 
F 
Feast-or-famine industry, 159–160 
Federal Reserve System, 35 
Fifteen points to look for in a common stock, 47–78 
Financial advisors, 45, 81–83, 164–165. See also Security analysts 
Financial community 
appraisals by. See Appraisals 
definition of, 212 
Financial skills, company, 184–185, 280 
Finding growth stocks, 162–171 
First dimension, of a conservative investment, 180–186 
Fisher & Co., 31, 32, 227 
Following the crowd, 155–161, 277. See also Appraisals 
Follow the leader, in appraisals, 209 
Food Machinery Corporation, 96–98, 238–244, 248–249, 250 
Foote Minerals Company, 141, 142 
Forecasts, 90–91, 260–261, 276. See also Business cycle 
Formative experiences, 229–231 
Fortunate and able, 48–49 
Fortunate because they are able, 48, 49–50 
Foundation, of financial advisor business, 237 
Fourth dimension, of a conservative investment, 207–212,
213–217, 218–224 
Franchising, appraisals of, 216 
Friden Calculating Machine Co., Inc., 141, 142 
Functional factors, evaluation of, 279–280 
G 
General American Transportation, 50 
General Electric, 201 
Generic names, 202 
Golden Age of Electronic Stocks (first), 245 
Good place to work, employees of, 192–196 
Grapevine, business, 45. See also Scuttlebutt 
Great Bear Market, 223, 233–235, 249 
Great Bull Market, 222–223, 229 
Great Depression, 223, 234, 240–241, 249, 250, 255–256, 266 
Greenman, Norman, 247–248 
Growth 
discipline and, 196–197
equity financing and, 74–75
price-earnings ratio and, 130–132

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