Topic: Ken Fisher
2 posts tagged “Ken Fisher”.
The Wall of Worry: How Bull Markets Climb It
Investors systematically mis-price uncertainty. When headlines are frightening, the fear is usually already in the price. Ken Fisher's point: ask what the crowd most fears, then ask whether it is already discounted.
Price-to-Sales: The Overlooked Ratio
Earnings can be depressed or manipulated; revenue is harder to distort. Ken Fisher popularised the price-to-sales ratio to find value hidden in cyclical troughs, turnarounds and early-stage profitable businesses.