Kenneth L. Fisher, Jennifer Chou, Lara Hoffmans

Gebundenes Buch

The Only Three Questions That Count

Investing by Knowing What Others Don't. Forew. by James J. Cramer

Beschreibung

Ken Fisher questions authority. He challenges the conventional wisdoms of investing, overturns glib theories with hard facts, and blows up complacent beliefs about money and markets. But the authority he challenges most of all is his own - because challenging yourself, Fisher says, is the key to successful investing.In The Only Three Questions That Count, this renowned adviser takes readers on a tour of their own investing beliefs. He reveals where they have signed on to widely held "truths" that just aren't so, adopted the mistaken views of so-called experts, or substituted wishful thinking for real analysis. And he shows how this unflinching questioning of investment ideas leads to a powerful money advantage: a real and unique knowledge of what's going on in the market. This knowledge, above all, is the most powerful tool for investing success.Readers will be challenged, and richly rewarded, by The Only Three Questions That Count.The Three Questions: What do you believe is truethat's actually wrong? What can you fathom that others find unfathomable? What the heck is my brain doing to blindside me now?

Autor

Ken Fisher ist für seine prestigeträchtige Kolumne Portfolio Strategy im "Forbes Magazine" bekannt. Über zwanzig Jahre fanden seine Kommentare Beachtung in den Medien und machten aus ihm einen der am längsten tätigen Kolumnisten in der 89-jährigen Geschichte des Forbes Magazine. Fisher ist außerdem Gründer, Vorsitzender und CEO von Fisher Investments, einem unabhängigen, global agierenden Money-Management-Unternehmen, das mehr als 30 Milliarden Dollar verwaltet. 2006 war Fisher auf Platz 297 der 400 reichsten Amerikaner.

Produktdetails

• Verlag: Wiley & Sons
• Seitenzahl: 480
• Englisch
• Abmessung: 230mm
• Gewicht: 696g
• ISBN-13: 9780470074992
• ISBN-10: 047007499X
• Artikelnr.: 21002681

Rezensionen

"Here's [an investment book]you're going to want to read. And when you're done, you're going to want to read it again." (SmartMoney.com, October 27, 2006) VISIT ONLYTHREEQUESTIONS.COM "Fisher's theoretical work in the early 1970s yielded the price-to-sales ratio, now a core element of the financial curriculum. In the 1980s, he and Fisher Investments' research team helped create an equity style called "domestic small cap value equity", now a must-have category for investors. As his three key questions imply, his recent research focuses on the emerging field of behavioural finance. He has been working with Meir Statman of Santa Clara University. The son of legendary investor Philip Fisher, he began managing discretionary assets based on a

fundamental belief in capitalism. Since it was founded in 1979, and later incorporated in 1986, Fisher Investments, which now runs about $34bn, has focused on the science of capital markets as the best means of posting excess returns. He is also the top ranked "market guru" according to CXO Advisory Group's website. CXO tabulates the market forecasts of 31 well-known market commentators and posts them in its Guru Grades report. One example, which suggests that investors should take note of the thoughts in his book, came in his March 6 2000 column for Forbes. He wrote: "Tech stocks are in a late-stage bubble. It should break later this year." In fact, it broke within a week. Of the 31 gurus listed by CXO, 16 got it wrong more often than they got it right. Only five of the listed gurus got it right at least 60 per cent of the time. Of those, Fisher, with a 69 per cent accuracy rating, was the top performer. So if he tells you there are only three questions that count, it might just be worth asking them." --Financial Times