article for the naysayers - Ken Fisher

http://www.bloomberg.com/news/2010-09-28/ken-fish…

"The problems in this current environment we think are so different, and so new and so unique. It’s the same stupid old normal we’ve always had. We’ve got a great future."

15 Comments
 
[Comment removed by mod team]
 
JDFieldsMarginCalling, careful who you call "dumb." Fisher is famous for calling the tech bubble bear market, and he also publicly nailed the 1990 and 1987 bear markets. That's not so dumb.

Hey MarginCalling. My name is Jake Gamble. I work as a Content Program Manager at Fisher Investments. Been here 9 years and actually know Ken Fisher. Have for years…

You call Ken a “dumb permabull.” Amazing! You can be juvenile and call people names all you want, but Ken is no permabull. Fact: Ken went 100% defensive during the 2000 bear market…check it here: http://www.forbes.com/columnists/free_forbes/2000/0306/6506186a.html and here… http://www.forbes.com/forbes/2001/0319/222.html

He made that call, and called the 1987 and 1990 bear markets, not perfectly but pretty darned well. It’s all publically available in his Forbes columns too. One reason he has succeeded there so long—that and admitting when he is wrong—something you probably can’t do. Between those bear calls he was correctly bullish. Being bullish a long time and not trying to call little moves and being wrong sometimes doesn’t make you a permabull. But making ignorant statements is just foolish. Ken missed 2008 and openly admits it but was right overall in 2007 and 2009 and had great returns both years. Ken’s long term record is great, which is why he’s rated a top forecaster here. http://www.cxoadvisory.com/gurus/

Are you on any guru lists? How has your record been? And can you prove it? Probably not! If you could, you’d use your own name. I’m the only one here being transparent, and the only one using provable facts instead of rude, ignorant, kneejerk opinions.

 

wow are you really so insecure as to respond to anonymous posts on a msg board mostly populated by college kids? isn't this guy like a fucking billionaire or at least his daddy was? gtfo and get a life. didn't think it was possible but my respect for your firm has fallen ever lower

 

Margin...dude you got rocked and by a guy sticking up for his boss. Sometimes you just gotta let stuff go

If I had asked people what they wanted, they would have said faster horses - Henry Ford
 

I wish his boss stuck up for his employees as well. Wonder where people with different opinions end up in a firm like that.

A friend interviewed during the summer of 2008 at their offices -friend questioned a fisher PowerPoint that claimed the market was about to rebound and hit new highs -the credit crisis was a farce, nothing significant, only a small percent of mortgages were defaulting. The presenter dismissed this person and told to refer to an article written by the boss.

Offer received, offer declined.

 

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