Most investors give too much credence to the theory that prices are rational; they presume that a market collapse must have been… — Kenneth Fisher Copy Share Image
Fundamentally cheap stocks are often held in low regard by market participants. Something may be tainting their perception in investors' minds. — Kenneth Fisher Copy Share Image
Hundreds of investors ask me questions each year about the dilemmas they confront. Their worst problem? Uncertainty. They are traumatized and become… — Kenneth Fisher Copy Share Image
Investors covet past improvements but also always believe pricing unimaginable future creativity and efficiency gains is Pollyannaish. And they're always wrong. Bet… — Kenneth Fisher Copy Share Image
Plenty of funds have fine long-term returns despite being tax-inefficient and generally costly. But a dirty secret is this: Average, no-load fund… — Kenneth Fisher Copy Share Image
To me 'The Big Easy' is shorthand for owning big stocks that are easy for wary investors to buy into. These stocks… — Kenneth Fisher Copy Share Image
In the early days, I promoted the idea of spending time in libraries to gain facts that other investors didn't have. Not… — Kenneth Fisher Copy Share Image
One component of the leading economic indicators is the yield curve. Bond investors keep a close eye on this, as it illustrates… — Kenneth Fisher Copy Share Image
Windmills and solar cells are carbon-free sources of electricity. But they are costly. If you've been investing in those, give it up. That game… — Kenneth Fisher Copy Share Image
If you've taken Econ 101, you know that the quantity of money rises only when the banking system makes a net loan. — Kenneth Fisher Copy Share Image
You may have seen my firm's ads screaming, 'I Hate Annuities.' Folks ask why we run them. Simple: Because I do. — Kenneth Fisher Copy Share Image
Long before folks fretted the demise of 'quantitative easing,' I fretted its existence. It proved the reverse of its image, an antistimulus, and we've… — Kenneth Fisher Copy Share Image
Over rolling long periods, U.S. and non-U.S. stocks tend to equalize. — Kenneth Fisher Copy Share Image
Indeed, bull markets are fueled by successive waves of prior skeptics finally capitulating as their fears fade. Eventually, fear turns to euphoria, and that's… — Kenneth Fisher Copy Share Image
Normally, if you have a huge category that leads a bear market all the way down to the bottom - like tech after 2000,… — Kenneth Fisher Copy Share Image
Both cheap value stocks and more glamorous growth stocks can work well in a portfolio - if done right. — Kenneth Fisher Copy Share Image
Despite its many critics, hydraulic fracturing will change the nature of energy production. — Kenneth Fisher Copy Share Image
If you're 35, 45, or even 55 - you have a very long time horizon - 40 years or vastly more. That is you,… — Kenneth Fisher Copy Share Image
My father, Philip Fisher, was the toughest guy I ever knew. An example: He had terrible teeth, yet he got his fillings done without… — Kenneth Fisher Copy Share Image
