The Only Three Questions That Count: Investing by Knowing What Others Don't

by Ken Fisher; With: Jennifer Chou; With: Lara Hoffmans; Foreword by: James J. Cramer

• ISBN13: 9780470128251
• ISBN10: 0470128259
• Format: eBook
• Copyright: 2007-03-01
• Publisher: Wiley

Summary

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.

Table of Contents

Acknowledgments

Foreword

Preface

Who Am I to Tell You Something That Counts?

Idiots and Professionals: Oh, but I Repeat Myself

Because Mr. Crafty, It's Not a Craft

It's All Latin to Me-Starting to Think like a Scientist

The Only Three Questions That Count

Question One: What Do You Believe That Is Actually False?

If You Knew It Was Wrong, You Wouldn't Believe It

The Mythological Correlation

Always Look at It Differently

When You Are Really, Really Wrong

Question Two: What Can You Fathom That Others Find Unfathomable?

Fathoming the Unfathomable

Ignore the Rock in the Bushes

Discounting the Media Machine and Advanced Fad Avoidance

The Shocking Truth about Yield Curves

What the Yield Curve Is Trying to Tell You

The Presidential Term Cycle

Question Three: What the Heck Is My Brain Doing to Blindside Me Now?

It's Not Your Fault-Blame Evolution

Cracking the Stone Age Code-Pride and Regret

The Great Humiliator's Favorite Tricks

Get Your Head Out of the Cave

Capital Markets Technology

Building and Putting Capital Markets Technology into Practice

It's Good while It Lasts

Forecast with Accuracy, Not like a Professional

Better Living through Global Benchmarking

When There's No There, There! Johns Hopkins, My Grampa, Life Lessons, and Pulling a Gertrude

In the Center Ring-Oil versus Stocks

Sell in May because the January Effect Will Dampen Your Santa Claus Rally Unless There Is a Witching Effect

No, It's Just the Opposite

When You Are Wrong-Really, Really, Really Wrong

Multiplier Effects and the Heroin-Addicted Apple iPod Borrower

Let's Trade This Deficit for That One

The New Gold Standard

Shocking but True

Supply and Demand . . . and That's It

Weak Dollar, Strong Dollar-What Does It Matter?

The Great Humiliator and Your Stone-Age Brain

That Predictable Market

Anatomy of a Bubble

Some Basic Bear Rules

What Causes a Bear Market?

Putting It All Together

Stick with Your Strategy and Stick It to Him

Four Rules That Count

Finally! How to Pick Stocks That Only Win

When the Heck Do You Sell?

Conclusion

Transformationalism

U.S. Equity Total Returns 1830 to 1925

S&P 500 Composite Returns

Simulated Technology Returns

Nasdaq Composite Returns

U.K. Stock Market Total Returns

U.K. Stock Market (FTSE All-Share) Total Returns

Germany Stock Market Returns

Germany Stock Market (DAX) Total Returns

Japan Stock Market Total Returns

Japan Stock Market (TOPIX) Total Returns

Fisher Investments Global Total Return Performance

Ten-Year History of the Forbes Report Card

The United Deficits: Data

Notes

Glossary

Index

Table of Contents provided by Publisher. All Rights Reserved.