In the newly updated second edition of The Little Book of Market Myths: How to Profit by Avoiding the Mistakes Everyone Else Makes, celebrated investor and Fisher Investments' founder, Executive Chairman and Co-Chief Investment Officer Ken Fisher insightfully explores many common myths costing investors dearly. Fisher provides a comprehensive guide to navigating the investment landscape more wisely, debunking widespread myths that lead to costly mistakes.
This edition delves deep into the frequent missteps made by both retail and professional investors, demonstrating how a better understanding and avoidance of these pitfalls can lead to improved long-term and short-term financial gains. Fisher critically examines why popular beliefs, such as the safety of bonds over stocks, the risk-free allure of gold, and the fear of high price-to-earnings ratios, are not only misguided but could be damaging your investment portfolio.
In the book, you'll: - Learn why many commonly held investment beliefs are wrong and how avoiding them can enhance your financial health - Gain insights into better investment decisions for both short-term gains and long-term growth - Understand how to identify and correct the mistakes that could be costing you
The Little Book of Market Myths equips readers with the necessary tools to identify and sidestep the pitfalls that have ensnared countless investors. Whether you're a seasoned investor or new to the world of finance, this book is an invaluable resource for anyone looking to improve their understanding of the market and make more informed investment choices.
Table of Contents
Preface ix
Chapter One Bonds Are Safer Than Stocks 1
Chapter Two Asset Allocation Shortcuts 17
Chapter Three Volatility and Only Volatility 27
Chapter Four More Volatile Than Ever 37
Chapter Five The Holy Grail - Capital Preservation and Growth 49
Chapter Six The GDP - Stock Mismatch Crash 55
Chapter Seven 10% Forever! 65
Chapter Eight High Dividends for Sure Income 73
Chapter Nine The Perma-Superiority of Small-Cap Value 81
Chapter Ten Wait Until You’re Sure 91
Chapter Eleven Stop-Losses Stop Losses 103
Chapter Twelve High Unemployment Kills Stocks 109
Chapter Thirteen Over-Indebted America 127
Chapter Fourteen Strong Dollar, Strong Stocks 145
Chapter Fifteen Turmoil Troubles Stocks 155
Chapter Sixteen News You Can Use 169
Chapter Seventeen Too Good to Be True 179
Notes 191
Acknowledgements 199
About the Authors 201
