Debunkery: Learn It, Do It, and Profit from It -- Seeing Through Wall Street's Money-Killing Myths Learn It, Do It, Do It, and Profit from It--Seeing Through Wall Street's Money-Killing Myths

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.

In Debunkery, legendary money manager Ken Fisher outlines the most common and costly mistakes made by individuals. Individuals who think they are doing the right thing. The book discusses the myth/mistake, prove why it is actually costly or not a good idea, and then suggest a better strategy. What will differentiate Debunkery from similar titles is its meticulous review of the issues. The book will be chock full of graphs, charts, and tables that rebut these commonly held beliefs. The goal is to go beyond simply telling readers what they should be doing by giving them a strong understanding of the logic behind the advice so that they can more readily absorb it into their everyday thinking. Did you know that bonds aren't safer than stocks? Or that high oil prices don't always signal a drop in stocks? Author Ken Fisher dispells myths such as retirement is time to get conservative" and real estate is a safe long term investment.

Legendary money manager Ken Fisher outlines the most commonand costlymistakes 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 wisdombut 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 ItSeeing Through Wall Street's Money-Killing Myths, Ken Fishernamed one of the 30 most influential individuals of the last three decades by Investment Advisor magazinedetails 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 trueand are therefore blinded by tradition, biases, ideology, or any number of cognitive errors. Your goal as an investor shouldn't be to be error-freethat's impossible. Rather, to be more successful, you should aim to lower your error rate. Debunkery gets you started by debunking 50 common mythsbut 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.