Can a single page of a book change your investment life? We believe it can. Periodically, we highlight some of the Great Pages that have had a great impact on our investment philosophy. Today, we cheat just a bit, looking at two pages in Kenneth Fisher’s classic “Super Stocks”. Fisher shows how even if you could time every 100-point move of the market, you still wouldn’t make as much money as you would investing in fundamentally sound “super stocks”.
Taken from Super Stocks (The McGraw-Hill Companies, orig. 1984, republished 2008)