Normally, if you have a huge category that leads a bear market all the way down to the bottom - like tech after 2000, or energy in the '80-'82 bear market - you get one quick pop, and then years of lag as we fight the old war. Kenneth Fisher bearbottomcategory share on social
In the early days, I promoted the idea of spending time in libraries to gain facts that other investors didn't have. Not many people did that kind of research, so it worked. Kenneth Fisher dayearlyfact Change image and share on social
My father, Philip Fisher, was the toughest guy I ever knew. An example: He had terrible teeth, yet he got his fillings done without ever using a painkiller. Now, that's tough! Kenneth Fisher fatherfillingfisher Change image and share on social
China frequently confounds stock market prognosticators because it has a penchant for straying markedly from other broad global indexes year-by-year over the decades - even from emerging markets. It's hit or miss. Kenneth Fisher broadchinaconfound share on social
My firm has 25,000 high-net-worth clients. A typical account would be that of a couple aged 65 and 60 who need their money to last the rest of their lives, 25 to 35 years. Kenneth Fisher 000accountage Change image and share on social
Back in the '60s and '70s, data were scarce, and while analysts knew that companies with fat gross margins lagged those with thin gross margins early in bull markets - and overachieved in the later phases - they couldn't do much about it. Kenneth Fisher 60s70sanalyst share on social
Originally, I thought Republican. Now I'm an equal opportunity politician-hater. Kenneth Fisher equalhateropportunity Change image and share on social
The latter part of bull markets are typically led by stocks that are seen then as high quality, but the ones that do best are the ones that weren't seen as such high quality before. Kenneth Fisher bullhighlead Change image and share on social
In a bubble, anyone who argues pessimistically is seen as crazy. Kenneth Fisher arguebubblecrazy Change image and share on social
Buying only what you know can end in disaster. Just think about Enron's employees and business partners, the 'locals' who bought lots of its stock because they thought they were in the know. Kenneth Fisher businessbuydisaster Change image and share on social