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Debunkery: Learn It, Do It, and Profit from It -- Seeing Through Wall Street's Money-Killing Myths

Debunkery: Learn It, Do It, and Profit from It -- Seeing Through Wall Street's Money-Killing Myths

By Kenneth L Fisher

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Legendary money manager Ken Fisher outlines the most common--and costly--mistakes investors make. Small cap stocks are best for all time. Bunk. A trade deficit is bad for markets. Bunk. Stocks can't rise on high unemployment. Bunk. Many investors think they are safest following widely accepted Wall Street wisdom--but much of Wall Street wisdom isn't so wise.

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Book Information

Publisher: Wiley.
Publish Date: 10/11/2011
Pages: 256
ISBN-13: 9781118077016
ISBN-10: 1118077016
Language: English

Full Description

Legendary money manager Ken Fisher outlines the most common--and costly--mistakes investors make.

  • Small cap stocks are best for all time. Bunk!
  • A trade deficit is bad for markets. Bunk!
  • Stocks can't rise on high unemployment. Bunk!

Many investors think they are safest following widely accepted Wall Street wisdom--but much of Wall Street wisdom isn't so wise. In fact, it can be costly bunk.

In Debunkery: Learn It, Do It, and Profit From It--Seeing Through Wall Street's Money-Killing Myths, Ken Fisher--named one of the 30 most influential individuals of the last three decades by Investment Advisor magazine--details why so many investors fail to get the long-term results they desire. The short answer is many investors fail to question if what they believe is true--and are therefore blinded by tradition, biases, ideology, or any number of cognitive errors.

Your goal as an investor shouldn't be to be error-free--that's impossible. Rather, to be more successful, you should aim to lower your error rate. Debunkery gets you started by debunking 50 common myths--but that's just the beginning. It also gives you the tools you need to continue to do your own debunkery for the rest of your investing career.

About the Author

KEN FISHER is best known for his prestigious "Portfolio Strategy" column in Forbes magazine, where his over 25-year tenure of high-profile calls makes him the fourth longest-running columnist in Forbes's 90-plus year history. He is the founder, Chairman, and CEO of Fisher Investments, an independent global money management firm with over $32 billion under management (as of 6/30/10).

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