The recent economic troubles have made first-time investors and veterans more than a bit jittery, as people worry whether or not their money will grow or shrink during the economy’s ups and downs.
If you are an investor, the chances are you are looking for someone that can set the record straight on what is the right strategy for your stocks, bonds and investments.
If you are a regular reader of Forbes magazine, no doubt the name Ken Fisher will ring a big bell.
Fisher is the author of his long-running column, “Portfolio Strategy”, which has run in every issue of Forbes magazine since 1983. And Fisher definitely knows of what he speaks. As of 2010, the most recent year that figures were available, his firm has over $41 billion in play in over 38,000 customer accounts.
Fisher wears many hats. Not only is he an avid investor, he also reads plenty. Think about it, he is a Fisher Investments Forbes contributor. This refers to the company he helps run and the investor money he has in play. He will often see something an average investor can’t, as in whether to believe the truth or have it be a lie.
Like the column suggests, his work deals with ways you can manage your investments and get back a solid rate of return. Fisher tells investors what are great stocks to buy or sell, and he gives specific reasons. Because he has been at this for over 30 years, Fisher has been through the ups and downs. His column started after a terrible economic recession (1980-82) had just finished, and it has survived two relatively mild recessions (1990-91 and 2001) and The Great Recession, which began in 2007.
His columns have taken hold with the American investing public. Investment Advisor magazine ranked Fisher one of the 30 most influential people in wealth management over the past 30 years. “(Fisher) is about as big as it gets in the advisory world,” the magazine article commented.
Yet Fisher can still relate to the common-man investor, the one just dipping his toe into the pool and testing the water to see if it is cold. In a recent column, Fisher talked about not chewing the cud about investments for 2013. In other words, he wanted the common investor to sit and still invest money. His belief was that the slightest seed of doubt was not enough to send everyone screaming. In other words, failure was already pre-baked into some investments and their prices would not go too far up or down.
Fisher’s strategy has wound its way through eight books, from 1984’s Super Stocks to 2011’s Markets Never Forget. The books cover everything from wagering on stocks based on their PE/earnings ratios to learning to deal with money managers who may be out for themselves.
All of his writings appearing in books and magazines over the years have earned Fisher tons of praise over the years, and it appears Fisher is showing no signs of slowing. This is a good thing.
Investors want to hear good news before they sink more of their hard-earned money into stocks, bonds and mutual funds, and Fisher will tell it like is. He always has.