Normally, the market peaks before bad news emerges. That’s what happened in 1929, and that’s what happened in 2000. Kenneth Fisher Read Quote
Windmills and solar cells are carbon-free sources of electricity. But they are costly. If you’ve been investing in those, give it up. That game is effectively over. Kenneth Fisher Read Quote
Environmentalists should like fracking for its relative cleanliness. But they don’t. They have made a bugaboo out of the chemicals in fracking fluids, which supposedly can leach into groundwater sources. I’m convinced they’re dead wrong. Ultimately, good technology with a cost advantage will win out over paranoia. Kenneth Fisher Read Quote
Most investors give too much credence to the theory that prices are rational; they presume that a market collapse must have been justified by serious economic trouble. Kenneth Fisher Read Quote
I’ve done well over time but made lots of mistakes, too. Learn from your mistakes. Kenneth Fisher Read Quote
A constant in my approach to investing: You should think politically but unconventionally. Kenneth Fisher Read Quote
In the early days, I promoted the idea of spending time in libraries to gain facts that other investors didn’t have. Not many people did that kind of research, so it worked. Kenneth Fisher Read Quote
Global stocks bottomed in June 1921, but global economies didn’t hit bottom for fully two more years. Kenneth Fisher Read Quote
My firm has 25,000 high-net-worth clients. A typical account would be that of a couple aged 65 and 60 who need their money to last the rest of their lives, 25 to 35 years. Kenneth Fisher Read Quote
