The Only Three Questions That Count: Investing by Knowing What Others Don′t - Hardcover

Fisher, Kenneth L.; Chou, Jennifer; Hoffmans, Lara

Hardcover

ISBN 10: 047007499X ISBN 13: 9780470074992

Publisher: John Wiley & Sons, 2006

Synopsis

The Only Three Questions That Count is the first book to show you how to think about investing for yourself and develop innovative ways to understand and profit from the markets. The only way to consistently beat the markets is by knowing something others don’t know. This book will show you how to do just that by using three simple questions. You’ll see why CNBC’s Mad Money host and money manager James J. Cramer says, "I believe that reading his book may be the single best thing you could do this year to make yourself a better investor. In The Only Three Questions That Count , Ken Fisher challenges the conventional wisdoms of investing, overturns glib theories with hard facts, and blows up complacent beliefs about money and the markets. Ultimately, he says, the key to successful investing is daring to challenge yourself and whatever you believe to be true. Packed with more than 100 visuals, usable tools, and a glossary, The Only Three Questions That Count is an entertaining and educational experience in the markets unlike any other, giving you an opportunity to reap the huge rewards that only the markets can offer.

About this title

About the Author

Ken Fisher is best known for his prestigious "Portfolio Strategy" column in Forbes magazine, where his twenty–two–year tenure of high–profile calls makes him the fifth longest–running columnist in Forbes′ eighty–nine–year history. He is also the founder, Chairman, and CEO of Fisher Investments, an independent global money management firm with over $30 billion in assets. Consistently ranked the most accurate published market forecaster by third–party CXO Advisory Group, Fisher was ranked 297 on the 2006 Forbes 400 list of richest Americans. He is the award–winning author of numerous scholarly articles and has published three previous major finance books including 1984′s bestselling stock market book, Super Stocks. He also writes frequently for other business and financial publications, including a regular column for Bloomberg Money in Britain. Jennifer Chou graduated from the University of California with a BS in finance. She is a Research Analyst of global capital markets and macroeconomics at Fisher Investments. Lara Hoffmans graduated from the University of Notre Dame with a BA in theatre. She is a Research Analyst at Fisher Investments.

From the Back Cover

Praise for THE ONLY THREE QUESTIONS THAT COUNT "I believe that reading this book may be the single best thing you could do this year to make yourself a better investor." —From the Foreword by James J. Cramer "The Only Three Questions That Count is a great resource for investors. Ken pushes his readers to go against the grain and not accept conventional investing thinking. His questions are food for thought for anyone craving a fresh take on investing." —Gregory E. Johnson, President and Chief Executive Officer Franklin Resources, Inc. "Money manager maestro Ken Fisher has been profitably enlightening our readers with his columns for more than twenty years. Investors will find this brilliant book an eye–opening, capital–gains producing experience." —Steve Forbes, CEO of Forbes, Inc. and Editor in Chief of Forbes "A provocative book for aggressive investors—from one of the investment world′s most original thinkers." —Charles R. Schwab, founder, Chairman, and CEO The Charles Schwab Corporation

From the Inside Flap

Ken Fisher questions authority. He challenges the conventional wisdom of investing, overturns glib theories with hard facts, and blows up complacent beliefs about money and markets. But the authority he challenges most of all is his own—because challenging yourself, Fisher says, is the key to successful investing. In today′s competitive market environment, the best way to achieve investment success is by knowing something that others don′t. But many of us, amateurs and professionals alike, believe we don′t or can′t know what others don′t—so we continue to make market bets based on "conventional wisdom." In The Only Three Questions That Count , Fisher debunks the conventional market myths that many of our investment decisions are based upon, and reveals a precise methodology that will allow you to know what others don′t. The methodology—which has helped Fisher achieve success throughout his long financial career—is as easy as asking three simple questions. The first question will help you see things the way they really are. The second question will help you see things that other investors often miss. Finally, the third question will help you understand your relationship with today′s markets. The questions detailed throughout the book aren′t what you might expect; they don′t have to do with the market′s P/E ratio or interest rate forecasts. Rather, they focus on helping you make better investment decisions by identifying what you can know—unique to you—that others do not. In the first three chapters of this groundbreaking guide, Fisher takes you through each question in detail. And from there, through numerous illustrative examples, he shows you how to put them to work in various ways. You′ll learn how to use the questions to think about the overall market, different parts of the market, and even individual stocks. You′ll also become familiar with how to apply them to interest rates, currencies, and many other investment areas. Fisher leaves no stone unturned as he explains how each of these three questions can help consistently improve your investment performance. Filled with in–depth insights, expert advice, and engaging anecdotes, The Only Three Questions That Count provides you with a dynamic strategy and set of tools that will give you a distinct edge over other investors.

Edition details

• Publisher: John Wiley & Sons
• Publication date: 2006
• Language: English
• ISBN 10: 047007499X
• ISBN 13: 9780470074992
• Binding: Hardcover
• Number of pages: 480