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epub The Little Book of Market Myths: How to Profit by Avoiding the Investing Mistakes Everyone Else Makes download

by Ken Fisher

  • ISBN: 1118445015
  • Author: Ken Fisher
  • ePub ver: 1930 kb
  • Fb2 ver: 1930 kb
  • Rating: 4.2 of 5
  • Language: English
  • Pages: 224
  • Publisher: Wiley; 1 edition (January 29, 2013)
  • Formats: lrf mbr mobi doc
  • Category: Money
  • Subcategory: Investing
epub The Little Book of Market Myths: How to Profit by Avoiding the Investing Mistakes Everyone Else Makes download

And in The Little Book of Market Myths, CEO and bestselling author Ken Fisher questions everything. IMO the book is timely because 2013 may be the year the stock market gets back into a secular bull market.

And in The Little Book of Market Myths, CEO and bestselling author Ken Fisher questions everything. From the belief that bonds are always safer than stocks to the idea that America's big debt must spell economic doom. He stamps out rules of thumb and overturns decades of widely accepted but ultimately misguided market wisdom. Some market theorists would say that a new secular bull market started at the generational low of March, 2009 when the DOW bottomed in the 6,400's.

But this book is more than just a list of myths. One after another, Ken takes each commonly held belief or surefire strategy and explains why the myth persists, why it doesn't work and just how damaging it can be to your financial health. And each chapter is a primer on how you can apply the same debunking tactics yourself, now and for the rest of your investing time horizon

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The Little Book series is now 28 books old and has set out to prove all those early doubters wrong, simply by taking the . The book is 17 independent chapters of advice to overcome common misconceptions when investing in the stock market.

The Little Book series is now 28 books old and has set out to prove all those early doubters wrong, simply by taking the difficult & complex out of financial matters. It doesn’t hurt, of course, to also have contributors such as Joel Greenblatt, John Bogle and Mark Mobius, to name just a few of the Little Book alumni roster. It has indeed become an unstoppable force and has already this year released two new titles. I almost completely skipped about five chapters, but forced myself to read every last piece of ink in the book; I'm getting tough in my olde age.

Exposes the truth about common investing myths and misconceptions and shows you how the truth shall set you . More than just a list of myths, Fisher meticulously explains of why each commonly held belief or strategy is dead wrong and how damaging it can be to your financial health.

Exposes the truth about common investing myths and misconceptions and shows you how the truth shall set you free-to reap greater long-term and short-term gains. Armed with this book, investors can immediately identify major errors they may be committing and adjust their strategies for greater investing success.

Kenneth Fisher L. О книге "The Little Book of Market Myths. How to Profit by Avoiding the Investing Mistakes Everyone Else Makes"

Kenneth Fisher L. How to Profit by Avoiding the Investing Mistakes Everyone Else Makes". Exposes the truth about common investing myths and misconceptions and shows you how the truth shall set you free-to reap greater long-term and short-term gains Everybody knows that a strong dollar equals a strong economy, bonds are safer than stocks, gold is a safe investment and that high PEs signal high ris. ight?

Exposes the truth about common investing myths and misconceptions and shows you how the truth shall set you free-to reap greater long-term and short-term gains

Exposes the truth about common investing myths and misconceptions and shows you how the truth shall set you free-to reap greater long-term and short-term gains.

Exposes the truth about common investing myths and misconceptions and shows you how the truth shall set you free-to reap greater long-term and short-term gains

Ken exposes some of the most common-and deadly-myths investors swear by, and he demonstrates why the .

Ken exposes some of the most common-and deadly-myths investors swear by, and he demonstrates why the rules-of-thumb approach to investing may be robbing you of the kinds returns you hope fo. ight?

Voir aussi Little Books. Big Profits KENNETH L. FISHER (Auteur) Paru en avril 2016 (ePub) en anglais.

Voir aussi Little Books. Caractéristiques détailléesThe Little Book of Market Myths. Auteur KENNETH L. FISHER. Date de parution avril 2016. Collection Little Books.

Exposes the truth about common investing myths andmisconceptions and shows you how the truth shall set youfree—to reap greater long-term and short-term gains

Everybody knows that a strong dollar equals a strong economy,bonds are safer than stocks, gold is a safe investment and thathigh PEs signal high risk...right? While such "common-sense" rulesof thumb may work for a time as investment strategies, as NewYork Times and Wall Street Journal bestselling author,Ken Fisher, vividly demonstrates in this wise, informative, whollyentertaining new book, they'll always let you down in the long run.Ken exposes some of the most common—and deadly—mythsinvestors swear by, and he demonstrates why the rules-of-thumbapproach to investing may be robbing you of the kinds returns youhope for.

Dubbed by Investment Advisor magazine one of the 30 mostinfluential individuals of the last three decades, Fisher isChairman, and CEO of a global money management firm with over $32billion under managementFisher's Forbes column, "Portfolio Strategy," has beenan extremely popular fixture in Forbes for more than a quartercentury thanks to his many high-profile callsBrings together the best "bunks" by Wall Street's MasterDebunker in a fun, easy-to-digest, bite-size formatMore than just a list of myths, Fisher meticulously explains ofwhy each commonly held belief or strategy is dead wrong and howdamaging it can be to your financial healthArmed with this book, investors can immediately identify majorerrors they may be committing and adjust their strategies forgreater investing success
Comments (7)

Darksinger
For an instant, while skimming the Table of Contents, I thought this was going to be yet another vapid investment book filled with shopworn platitudes. Then it hit me (as I should have understood from the title) that this is a MYTH-BUSTING book. Author Ken Fisher isn't repeating the myths that most other investing books hawk, he's BUSTING them.

Thus, his chapter "Stop-losses stop losses" doesn't advocate using stop-loss triggers (like most other investing books advise) but to AVOID using them. The chapter on "Superiority of Small-Cap Value" doesn't mean that small-cap stocks offer superior value (as most conventional theorists suppose) but the opposite, which is that small caps generally underperform. I also like his idea of "harvesting" your stock market profits from time to time instead of the shopworn cliche' of "letting your profits compound." That's right, Fisher says it's perfectly OK, to take money out of your portfolio and spend it on other things you need. Other chapters debunk the macroeconomic myths touted by permabears who allege that the USA is going to collapse under its debt burden.

The most potent aspect of the book is its repeated warning to "QUESTION EVERYTHING!"

Investment mavens on TV and the financial press often traffic in dis-information either because they're trying to manipulate their own stock portfolios or because they're fallible human beings who are well-meaning in their advice but turn out to be wrong. They say "short the Euro, the European Union is about to implode." A year later the European Union is still here and the Euro is up 20%. Or they say "gold is going to $2,000 on economic uncertainty." A year later gold has plunged from $1,750 to $1,300. Or they say "Apple will go from $700 to $1,000" and a year later it is $450. They say "Sell now because it is going to $300." As soon as they sound the "sell" alarm the stock starts to go up again.

Because the Wall Street money funds are often in league with the business media much of this dis-information in propagadated for the purpose of persuading the investing public to buy stocks at the highs and sell them at the lows. Hedge funds want the public to buy stocks at the highs so they can profit by shorting them. They tell their media buddies to tout the stock to get the public to buy into it. After the price runs up the hedgies crash the stock with massive short selling, then tell their media cronies to scare the public out of it by selling at the bottom. Then they cover their shorts, reload their long positions, and tell the media to start touting the stock again. Fleece the public again and again, rinse and repeat. The very market terminology of "flash crash, insider trading, dark pools, high frequency trading" and so on tells us that we're dealing with an unlicensed bedroom casino, not a real market where stocks are bought and sold on the basis of honest information. Ken Fisher teaches us to question the motives of those who propagate "information" that is used to manipulate the markets.

IMO the book is timely because 2013 may be the year the stock market gets back into a secular bull market. Some market theorists would say that a new secular bull market started at the generational low of March, 2009 when the DOW bottomed in the 6,400's. But the market has been so volatile since then that investors don't feel like it's been a bull market. As of today (January 29, 2013) the S&P500 is at the very same 1500 level it first reached in March 2000. In nominal terms the market has been flat for 13 years and adjusted for inflation has lost 29% of its value. The market has actually performed much worse than that because the extreme volatility within the 13 year bear market has created many crash-and-burn scenarios like the "flash crash" that induces small investors to buy the highs and sell the bottoms.

Investors who followed the conventional wisdom of "buying and holding a well-diversified portfolio of blue chip stocks" have gone nowhere but down since 2000. Those who bought into the investment industry's pitch of "buying small cap growth stocks for superior returns" have fared even worse because these smaller cap companies were not ony trashed by hedge funds, but were often managed by ethically-challenged insiders who watered the stock. Management awarded millions of shares of stock to themselves for free, while the public shareholders ate the dilution. Very few growth stocks can stay afloat when the owners are flooding them with water. On top of all that we've had nothing but recurring crises in the macro-economic world. Budget deficits; government shut downs; the Eurozone falling apart; nuclear reactors blowing up in Japan; wars and threats of wars in the Middle East.

All of this taken together has made this the worst time in generations to be in the market.

But could things be changing for the better? Could we be on the verge of ramping up another bull market whereby the stock market will be a tailwind that helps investors acquire wealth rather than a windshear that slams them to the ground? 2012 was a decent year with a 13.41% return. Volatility is going down. The Federal Reserve is keeping interest rates low. Employment is picking up. The European Union is settling down for the moment. A small bit of regulation is creeping into the market for the first time in decades.

We've had 13 years of garbage in the stock market, so maybe it's time for 13 years of gains. If you're thinking along these lines read this book. It doesn't cover everything you'll need to know about investing in the market (It didn't for example cover my specialties of buying EFT's and REITS) so you'll have to read other books besides this one if you're not already up to date on those topics. But the book does serve its purpose of helping investors to keep from being misled by much of the bogus conventional wisdom that "investing 101" books preach. And it warns us not to rely on the loud-mouthed market mavens on TV and in the financial press who are almost always wrong. Ken Fisher's most important lesson: QUESTION EVERYTHING YOU HEAR. Don't believe a word of it until you have validated it for yourself.
Silverbrew
This book is about all the investment MIS-advice you will be getting from "financial advisors" and many how to invest books. Read this before you let anyone talk to you about your money. And then don't listen.
Unirtay
Really nice book & service was great!
Olma
I enjoy the theories that the book has to offer, but differ in the areas of Ken's dislike of broad market diversification, etc. Well written book, for investors that believe in being able to "outperform the market'"
Yndanol
Helps provide insight on how ingrained ideas get repeated over and over again. Even when the comments are rooted in decade's old understanding that don't provide insight, only dogma,
Arar
Very quick read with many logical explanations for commonly believed financial notions
Eigonn
I chose this book because it is by Ken Fisher. He is well-educated and has decades of experience in investing. All his opinions are supported by research; some are quite surprising, hence the title of this book. I've followed his column in "Forbes" for a couple of
decades and he is almost prescient in his predictions of macro situations. I suppose the proof of his wisdom is the fact that he is a billionaire and very wealthy people trust him with their money. I would recommend this book to any interested person.
This book is easy to understand and it is a relax read. Suitable for people who do not have much knowledge about the stock market but would like to start somewhere. This book introduce you to the common behaviour of the market. A read though also strengthen one's perspective in what he may instinctively felt and believed in the market place. It also contains some interesting and helpful facts that might be helpful for the experienced.

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