All equity categories, correctly calculated, create near-identical lifelong returns. They just get there via wildly differing paths. Kenneth Fisher calculatecategorycorrectly Change image and share on social
The stock market is a discounter of all known information. Kenneth Fisher discounterinformationmarket Change image and share on social
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 the stuff of bubbles. Kenneth Fisher bubblebullcapitulate Change image and share on social
People do dollar cost averaging because they have regret of making one big mistake. But the fact of the matter is that, mathematically, the market rises more of the time than it falls. It falls, but it rises more of the time than it falls. Kenneth Fisher averagebigcost share on social
Environmentalists should like fracking for its relative cleanliness. But they don't. They have made a bugaboo out of the chemicals in fracking fluids, which supposedly can leach into groundwater sources. I'm convinced they're dead wrong. Ultimately, good technology with a cost advantage will win out over paranoia. Kenneth Fisher advantagebugaboochemical 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
Anyone can see how if a feared tax hike doesn't happen, that's a positive factor. But even if tax hikes happen as feared, vast history tells me it doesn't have to have the big bad impact folks fear. And fear of a false factor is always bullish. Kenneth Fisher badbigbullish 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
Hundreds of investors ask me questions each year about the dilemmas they confront. Their worst problem? Uncertainty. They are traumatized and become emotional or confused to the state of inaction. Even worse, they try to solve a short-term problem in a way that hurts them financially in the long run. Kenneth Fisher badbadlyconfront 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