60 Quotes by Kenneth Fisher

The stock market is a discounter of all known information.

What is the most common investor mistake? Trading - getting in and getting out at all the wrong times, for all the wrong reasons.

If you've taken Econ 101, you know that the quantity of money rises only when the banking system makes a net loan.

Italians have always had a high savings rate. They love putting their money into their own government bonds - even more than in houses, stocks and gold. The higher rates climb, the happier they are to invest. So if austerity plans drive rates up, it's music to Italian ears.

Global stocks bottomed in June 1921, but global economies didn't hit bottom for fully two more years.

The average mutual fund holding period for equity or fixed income is only about three years. It's too short.

When the economies of emerging markets don't just grow but beat expectations, there's scarcely a mention.

I'm sometimes accused of being hostile to mutual funds. That's not fair, really. There is a place for them. Still, I am hostile to one thing, which is trying to use funds to time your way in and out of the market. That's a recipe for very bad results.

Long before folks fretted the demise of 'quantitative easing,' I fretted its existence. It proved the reverse of its image, an antistimulus, and we've done okay not because of it, but despite it.