Ken Fisher Says Time, Not Timing, is Key to Investment Success

In a recent article for USA Today, investment guru Ken Fisher warns that it’s impossible to miss market downturns and that “even the greatest investors are wrong maybe a third of the time.” But there’s good news, he adds: “You don’t need perfect timing to achieve marvelous returns. Time in the market beats timing the market—almost always.” He offers the example of three hypothetical investors placing $10,000 in U.S. stocks each year between 1977 and… Read More

Ken Fisher: Stock Buybacks Are Not Evil

In a recent USA Today article, famed investor Ken Fisher argues against the stance of some politicians that share buybacks should be banned, instead declaring they’re “great—for everyone. When firms repurchase shares, they destroy stock supply. Econ 101 taught us supply and demand move prices. Shrinking supply? Bullish!” Fisher goes on to argue how lower share supply also boosts per-share earnings and that the capital returned to shareholders can then be invested elsewhere. “Buybacks,” he… Read More

Ken Fisher on Bull Market Dips Versus True Bear Markets

In a recent USA Today article, famed investor Ken Fisher offered advice on how to discern between a bear market and a bull market “blip”: Referring to the market dip that occurred earlier this month, Fisher advises, “If you’re fully invested, sit on your hands. Hard! For cash holders this action prescribes buying. Always stay cool. Fight any urge to sell. It’s all signaling more new highs ahead.” Bull markets, says Fisher, “don’t end this… Read More

Ken Fisher’s Price-to-Sales Ratio and Super Stock Picks

While investors and the media focus on a stock’s PE ratio, investing guru Kenneth Fisher affords more attention to the price-sales ratio as a valuation measure, writes Validea CEO John Reese in a recent Forbes article. Reese outlines the Fisher investment philosophy and related criteria that inspired one of his stock screening models. Using this model, Reese identifies the following five high-scoring picks: Steelcase (SCS) provides an integrated portfolio of furniture settings, user-centered technologies and… Read More

Ken Fisher’s Wish List

In last week’s Forbes, money manager Ken Fisher offers a list of things he is grateful for as well as a wish list for the year ahead. He is grateful that: the election “noise and nonsense” is fading away; America’s stocks hit new highs as what he calls our “joyless bull market trudged on;” the global economy grew, albeit slowly “despite the endless stupid policies and regulations that governments and central banks keep spewing;” China… Read More

Fisher: The “Fog” of Uncertainty Good for Stocks

Ken Fisher, Forbes Magazine columnist and successful investment manager, explains why the uncertainty that investors are fearful of will subside with time and why this is good for stocks. He identifies a number of issues investors are wrestling with – China’s growth, the US presidential election, falling oil, Brexit, negative interest rates and a profits recession. These concerns, according to Fisher, could all be largely priced into the market and as we move through each… Read More

Fisher: Parallels with the 1990s

  Long-time Forbes contributor and Fisher Investments CEO Ken Fisher opines that “the most stunning unnoted market phenomena right now are parallels between the past eight years and the period between 1988 and 1997,” which he suggests could mean that “this bull cycle may last longer than anyone imagines – maybe the longest ever.” Fisher analogizes the S&L crisis to the home mortgage crisis, as well as the government programs to address them and the… Read More

Fisher: Market Correction Mirroring 1997. Bull Will Resume.

Ken Fisher, Fisher Investments chairman & CEO, says this correction looks very similar to that of 1997, which was referred to as the Asian Contagion. Like then, this correction has been influenced largely by uncertainty around currencies. Also similarly to 1997, the most recent correction is during a period of low interest rates, falling commodity prices and has come after a long period of time without the market seeing a 10% pullback. In addition, according… Read More

Fisher: Don’t Battle The Bull

While it has been much maligned, the current bull market isn’t much different than past bulls that followed major bear markets, according to Kenneth Fisher. And, Fisher says, the bull could run for quite a while more.

Fisher: Don't Battle The Bull

While it has been much maligned, the current bull market isn’t much different than past bulls that followed major bear markets, according to Kenneth Fisher. And, Fisher says, the bull could run for quite a while more.