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Author: intercst Big funky green star, 20000 posts Top Favorite Fools Top Recommended Fools Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 74853  
Subject: Re: Ken Fisher Date: 4/4/2012 3:56 PM
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alchook writes,

I was with Fisher for 5 years. Inclusive of management fees they matched the MSCI World Index over that time.

He predicted the 2000 crash and moved his investors out of the market in November of 1999. He then re-entered the market prematurely in 2002.

He completely missed the 2008 fiasco, predicting the market would be up more than 25% that year, with an outside possibility of 40% if sentiment were to improve.

</snip


Then what's the point of burdening your portfolio with the added costs of hiring Ken Fisher? The value stocks go up and down, but the money Ken Fisher takes in added fees and costs is gone forever. He makes money even if you don't.

intercst
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