Synopses & Reviews
Hone your jungle smarts to be a real contrarian and prey on the stock marketGaming the Herd is the real contrarian's guide to investing, with comprehensive explanations of how a true contrarian investor thinks and acts—and why it works more often than not. Bestselling author Ken Fisher breaks down the myths and cuts through the noise to present a clear, unvarnished view of timeless market realities, and the ways in which a contrarian approach to investing will outsmart the herd. In true Ken Fisher style, the book explains why most investors aren't bulls or bears—and which animal mentality you should develop.
Contrarians understand how headlines really affect the market and which noise and fads they should tune out. Gaming the Herd is a primer to the contrarian strategy, teaching readers the jungle savvy they need to outperform the herd-like masses.
- Discover the limits of forecasting and how far ahead you should look
- Learn why political controversy matter less the louder it gets
- Resurrect long-forgotten, timeless tricks and truths in markets
- Find out how the contrarian approach makes you right more often than wrong
A successful investment strategy requires information, preparation, a little bit of brainpower, and a larger bit of luck. Pursuit of the mythical perfect strategy frequently ends in a cacophony of talking heads and twenty-four hour noise, but Gaming the Herd cuts through the mental clutter and collects the pristine pieces of actual value into a tactical approach based on going against the grain.
Synopsis
Most investors are wrong most of the time. To be a true contrarian investor, you know you won’t be right all the time. You know the market is The Great Humiliator and you expect to be wrong 30-40% of the time. The difference though is that a contrarian will be right more often than wrong. The real contrarian knows markets look 3 to 40 months out and look hardest at the next 12 to 18 months. They know every earnings report, corporate action, GDP release, etc. is baked in nanoseconds after it’s released. They know it’s not a matter of whether things like Obamacare are good or bad, because anything so widely discussed is already priced in. They know infinite, unforeseeable technological changes will collide to address whichever long-term thing everyone fears. So they look at today’s fundamental reality, and they try to game how it will impact corporate earnings looking forward. They look at sentiment and try to game whether it’s too high or too low given where earnings will be. This is Gaming the Herd.
Synopsis
Train your brain to be a real contrarian and outsmart the crowd
Beat the Crowd is the real contrarian's guide to investing, with comprehensive explanations of how a true contrarian investor thinks and acts - and why it works more often than not. Bestselling author Ken Fisher breaks down the myths and cuts through the noise to present a clear, unvarnished view of timeless market realities, and the ways in which a contrarian approach to investing will outsmart the herd. In true Ken Fisher style, the book explains why the crowd often goes astray--and how you can stay on track.
Contrarians understand how headlines really affect the market and which noise and fads they should tune out. Beat the Crowd is a primer to the contrarian strategy, teaching readers simple tricks to think differently and get it right more often than not.
- Discover the limits of forecasting and how far ahead you should look
- Learn why political controversy matter less the louder it gets
- Resurrect long-forgotten, timeless tricks and truths in markets
- Find out how the contrarian approach makes you right more often than wrong
A successful investment strategy requires information, preparation, a little bit of brainpower, and a larger bit of luck. Pursuit of the mythical perfect strategy frequently lands folks in a cacophony of talking heads and twenty-four hour noise, but Beat the Crowd cuts through the mental clutter and collects the pristine pieces of actual value into a tactical approach based on going against the grain.