Markets Never Forget But People Do, Ken Fisher
Markets Never Forget But People Do, Ken Fisher
List: $35.99 | Sale: $25.20
Club: $17.99

Markets Never Forget (But People Do)
How Your Memory is Costing You Money and Why This Time Isn't Different

Author: Ken Fisher, Lara Hoffmans

Narrator: Mel Foster

Unabridged: 7 hr 35 min

Format: Digital Audiobook Download (DRM Protected)

Published: 11/08/2011

Synopsis

Sir John Templeton, legendary investor, was famous for saying, "The four most dangerous words in investing are, 'This time it's different.'" He knew that though history doesn't repeat, not exactly, history is an excellent guide for investors. In Markets Never Forget But People Do: How Your Memory Is Costing You Money and Why This Time Isn't Different, long-time Forbes columnist, CEO of Fisher Investments, and 4-time New York Times bestselling author Ken Fisher shows how and why investors' memories fail them—and how costly that can be. More important, he shows steps investors can take to begin reducing errors they repeatedly make. The past is never indicative of the future, but history can be one powerful guide in shaping forward looking expectations. Readers can learn how to see the world more clearly—and learn to make fewer errors—by understanding just a bit of investing past.

About Ken Fisher

KEN FISHER (Woodside, CA) 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). Fisher is ranked #289 on the 2009 Forbes 400 list of richest Americans, and #721 on the 2010 Forbes Global Billionaire list. In 2010, Investment Advisor magazine named him as one of the 30 most influential individuals of the last three decades. Fisher has authored numerous professional and scholarly articles, including the award-winning article, "Cognitive Biases in Market Forecasting," and has published six previous books, including the New York Times and the Wall Street Journal bestsellers, The Only Three Questions That Count, The Ten Roads to Riches, How to Smell a Rat and Debunkery, all of which are published by Wiley. Fisher has been published, interviewed, and/or written about in many major American, British, and German finance or business periodicals. He has a weekly column in Focus Money, Germany's leading weekly finance and business magazine. LARA HOFFMANS is a content manager at Fisher Investments, a contributing editor of MarketMinder.com, and coauthor of the bestsellers, The Only Three Questions That Count, The Ten Roads to Riches, How to Smell a Rat, and Debunkery.

Reviews

Goodreads review by Gaetano

Take a phrase that has already become widespread in 2020 due to the market crash and Covid-19 pandemic: we are living in a "new normal". Is it true? Only time will tell, but as Fisher shows, the "new normal" is rarely borne out. Exact copies of this phrase have been used by journalists for all the......more

Goodreads review by InvestingByTheBooks.com

Many years ago money manager Ken Fisher with Super Stocks wrote one of the few useful books on GARP-investing. With the more recent The Only Three Questions that Counts he concentrated on the construction of a rational investment process. This time he zooms in on Behavioural Finance from a practitio......more

Goodreads review by Mike

loved the book, especially the examples of "new normal"-it's been around forever. Also, info. on "jobless recoveries" great as well. Pretty much every recovery is a jobless one initially. Since 1854, only three double dips have occurred, thereby dispelling another myth pundits worry about. He takes o......more

Goodreads review by Hbombme

I think this book is pretty good at using long term data on markets to convey a point that in the long run equities are a superior vehicle for wealth accumulation. - Daily vol is historically normal. - Market returns come in bursts, not at an average pace. - More than 2/3 of the time market is either f......more

Goodreads review by Jin

Entertaining read, and gives the reader a more leveled view on the market. Was especially interesting to compare the descriptions in the book to current media talk and speculations. However, I could not enjoy the style of the writing. Overuses parenthesis where it could simply be part of a sentence,......more

Add to Cart
Add to Wish List