Message Font: Serif | Sans-Serif
No. of Recommendations: 1
That's exactly what he expected you to say.

Yes, that's true! I actually have enjoyed Fisher's columns from time to time in Forbes. Plus, given his heritage, you couldn't help but have high hopes for this particular book. So what do you get? Well, obviously you like it, so that's good enough and I will say little else other than I didn't care for it (obviously), and think that in a year or two everything in it will be forgotten which is always the primary indicator of a book's usefulness.

Hey, I just quoted Fisher--I haven't decided whether I like him yet! I wasn't acquainted with the man before, so I'm doing my DD on him before I decide. He did pretty well destroy the P/E study, but I don't see any particularly practical effect. Both the study and his debunking have to do with the markets as a whole. I don't buy and sell markets, just stocks, and the market's P/E at the time is only one of many background factors.

I do enjoy someone with intelligence who comes at problems from a different perspective than anyone else, challenging conventional wisdom, and he certainly does that. His points seem to be well-reasoned and supported by fact, even if they are unpopular and doomed to be forgotten. At least for me, his book has been very thought-provoking.



Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.