Legendary money manager Ken Fisher outlines the most common--and
costly--mistakes investors make.Small cap stocks are best for all
time. Bunk A trade deficit is bad for markets. Bunk Stocks can't
rise on high unemployment. Bunk
Many investors think they are safest following widely accepted
Wall Street wisdom--but much of Wall Street wisdom isn't so wise.
In fact, it can be costly bunk.
In "Debunkery: Learn It, Do It, and Profit From It--Seeing
Through Wall Street's Money-Killing Myths," Ken Fisher--named one
of the 30 most influential individuals of the last three decades by
Investment Advisor magazine--details why so many investors fail to
get the long-term results they desire. The short answer is many
investors fail to question if what they believe is true--and are
therefore blinded by tradition, biases, ideology, or any number of
cognitive errors.
Your goal as an investor shouldn't be to be error-free--that's
impossible. Rather, to be more successful, you should aim to lower
your error rate. "Debunkery" gets you started by debunking 50
common myths--but that's just the beginning. It also gives you the
tools you need to continue to do your own debunkery for the rest of
your investing career.
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