Debunkery

By: Ken Fisher

Narrated by: John Morgan

Want to become a better investor? Send your spouse on a shopping spree! It's no joke—this book shows you why.

Far too many investors fail to get the results they want because they make some pretty common mistakes. The problem is, the errors don't seem like mistakes—they seem like smart, intuitive, and/or widely recognized investing ""wisdom."" But much of what’s accepted as investing ""wisdom"" is, instead, bunk. How can investors tell bunk from reality?

Debunkery: Learn It, Do It, and Profit From It—Seeing Through Wall Street's Money-Killing Myths from legendary money manager, longtime Forbes columnist, and best-selling author Ken Fisher shows you how to avoid the costly errors many investors make when they rely upon ""common sense"" thinking, intuition, gut instinct, or clichés—by using debunkery! Debunkery isn’t difficult—it just requires the willingness to flip common investing ""wisdom"" on its head. Once readers learn to do that, they can begin seeing the investing world more clearly and stop falling prey to costly bunk.

Fisher demonstrates debunkery on 50 of Wall Street’s widely accepted ""truths,"" and details in an easily accessible (and always entertaining) way why:

• Stop-losses could be renamed stop-gains.
• High unemployment isn't bad for stocks.
• Massive trade deficits can be great for stocks.
• Stocks don't care if the US dollar is strong or weak.
• Most retirees have a long, long time to invest.
• You should never listen to your ""gut"" when it comes to investing.
• You are almost certainly too terrified of government debt.
• Consumer confidence doesn't matter.
• Sending your spouse on a shopping spree could get you better long-term investing results.

In investing, there are no simple rules that say, ""always sell on this one condition, and buy on that one,"" that work consistently and repeatedly. If only investing were that easy!

Debunkery shows you why many Wall Street ""truths"" are, in reality, money-killing myths and walks you through ways you can begin improving your error rate right away. Debunkery debunks 50 common myths, but also gives you the tools to continue engaging in debunkery for the rest of your investing career.

good start

read this before you trade! It's a good warning of all the fuss and bluff around stocks !

Best Financial Advice Ever

Ken Fisher is the founder of the number one investment management group in the world. To ignore the nuggets of truth in this audio is to deprive yourself of great wealth and wisdom regarding human nature and the behavior of the masses of people who trade billions of dollars every trading day in the global capital markets.

The audio is professionally performed and easy to listen to. You won't regret investing your time in this challenge to the opinions you have previously held about trading in the stock markets.

best book

I love the book . I have listened to it twice
thank you for written it

Witty analysis of finance theory!

Outstanding & original!!! 5 stars !!! Creative l, thought provoking and extremely entertaining.
Always admire Ken Fisher for his contrarian approach

The most important read for anyone starting a finance career.

Better than any book in the required reading I had in 6 years of university business courses. Ken Fisher is one of the greatest minds on finance and economics.