The stock market is a discounter of all known information. Kenneth Fisher discounterinformationmarket Change image and share on social
If some stock categories get too hot-and-pricey, mass supply is created via stock offerings to tap that cheap money - and, when overdone, drives it all down. Kenneth Fisher categorycheapcreate Change image and share on social
You may have seen my firm's ads screaming, 'I Hate Annuities.' Folks ask why we run them. Simple: Because I do. Kenneth Fisher annuityfirmfolk Change image and share on social
The bubble, as investing phenomenon, has been well studied ever since the 17th-century tulip bulb frenzy. Its counterpart in bear markets is not well understood. Kenneth Fisher 17thbearbubble Change image and share on social
If you are prepared for some risk, junk bonds pay about 5%, but they tend to get whacked when interest rates rise. Same with lower-yielding but higher-quality corporate bonds. Kenneth Fisher bondcorporatehigh Change image and share on social
The upward move at the beginning of a bull market is almost always huge compared with the vacillations late in the bear market. If you try to pick a bottom, you will miss a good part of the action. Kenneth Fisher actionbearbegin Change image and share on social
Despite its many critics, hydraulic fracturing will change the nature of energy production. Kenneth Fisher changecriticenergy Change image and share on social
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 is effectively over. Kenneth Fisher carboncellcostly Change image and share on social
If you can predict where the market's going, just do what you can predict. If you can't, which is the presumption of dollar cost averaging or time cost averaging, either one, then you're trying to ease in. But if the market rises more than it falls most of the time, easing in is, by definition, a loser's game. Kenneth Fisher averagecostdefinition share on social
Italians have always had a high savings rate. They love putting their money into their own government bonds - even more than in houses, stocks and gold. The higher rates climb, the happier they are to invest. So if austerity plans drive rates up, it's music to Italian ears. Kenneth Fisher austeritybondclimb share on social