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.
