This book is great for those who are very active in investing, and those of us who are fascinated with it. This will teach you how to spot when a bull market will become a bear market.
Making it easy to know when to get out before losing all. Fischer explains in great detail why the majority of investors gets out too early before the bull market has peaked or too late when a bull market has already for a considerable period changed to a bear market. He shows how taking the Leading Economic Indicator, the LEI, seriously is the right way. This book was easy to read and would only take a couple of days to finish. Written in a way to understand even if you have no back round in it.
Important reasons why investors get the timing wrong are lack of discipline and ignorance in the sense of wrong concepts. Discipline refers especially to not selling unnecessarily. Shares go up and down It teaches you that you don’t have to be perfect or even reach for perfection because perfection is actually not attainable. , The Only Three Questions That Count, and Markets
Never Forget. As a person who genuinely appreciates Fisher’s sense of humor, candor, and insight, this book was a bit of a let down given that I’ve read his other books. If you haven’t read those books, you’ll likely enjoy this read.
Those who bet on the opposite, thinking it makes them a contrarian, behave as crowd-like as the crowd they try to game! If the herd thinks stocks will rise 10%, the anti-herders bet they’ll fall—but markets could also skyrocket or zigzag sideways. In Beat the Crowd, bestselling author Ken Fisher shows you how to look beyond both crowds and find real contrarian opportunities that pay.