Product Description

The Only Three Questions That Count is the first book to show you how to think about investing for yourself and develop innovative ways to understand and profit from the markets. The only way to consistently beat the markets is by knowing something others don’t know. This book will show you how to do just that by using three simple questions. You’ll see why CNBC’s Mad Money host and money manager James J. Cramer says, "I believe that reading his book may be the single best thing you could do this year to make yourself a better investor.

In The Only Three Questions That Count, Ken Fisher challenges the conventional wisdoms of investing, overturns glib theories with hard facts, and blows up complacent beliefs about money and the markets. Ultimately, he says, the key to successful investing is daring to challenge yourself and whatever you believe to be true. Packed with more than 100 visuals, usable tools, and a glossary, The Only Three Questions That Count is an entertaining and educational experience in the markets unlike any other, giving you an opportunity to reap the huge rewards that only the markets can offer.

Product Details

• Amazon Sales Rank: #3339 in Books
• Published on: 2006-12-11
• Number of items: 1
• Binding: Hardcover
• 480 pages

Review
"This book is quite simply the single best tome on investing that I have read in years." (Norm Conley, TheStreet.com, January 15, 2007)

"Here's [an investment book] you're going to want to read. And when you're done, you're going to want to read it again." (Don Luskin, SmartMoney.com, October 27, 2006)

"In an increasingly unquestioning world, Mr. Fisher has a refreshingly contrarian take on pretty much every subject you care to mention." (Steve Johnson, Financial Times, January 15, 2007)

"[Ken Fisher’s] new book, an illuminating and enjoyable read, is a tutorial on how to beat the market by thinking like a scientist: with an open, inquisitive mind." (Andrew Pitts, Money Observer, January 22, 2007)"

"…a refreshingly contrarian take on pretty much every subject…" (The Financial Times, January 2007)

 "an illuminating and enjoyable read." (Money Observer, January 2007)

"…aims to show the investors the way things really…a process that involves a keen examination of the actuality, coupled with a good dose of common sense." (Wealth Management, 1st August 2007)

From the Inside Flap
Ken Fisher questions authority. He challenges the conventional wisdom of investing, overturns glib theories with hard facts, and blows up complacent beliefs about money and markets. But the authority he challenges most of all is his own—because challenging yourself, Fisher says, is the key to successful investing.

In today's competitive market environment, the best way to achieve investment success is by knowing something that others don't. But many of us, amateurs and professionals alike, believe we don't or can't know what others don't—so we continue to make market bets based on "conventional wisdom."

In The Only Three Questions That Count, Fisher debunks the conventional market myths that many of our investment decisions are based upon, and reveals a precise methodology that will allow you to know what others don't. The methodology—which has helped Fisher achieve success throughout his long financial career—is as easy as asking three simple questions. The first question will help you see things the way they really are. The second question will help you see things that other investors often miss. Finally, the third question will help you understand your relationship with today's markets.

The questions detailed throughout the book aren't what you might expect; they don't have to do with the market's P/E ratio or interest rate forecasts. Rather, they focus on helping you make better investment decisions by identifying what you can know—unique to you—that others do not.

In the first three chapters of this groundbreaking guide, Fisher takes you through each question in detail. And from there, through numerous illustrative examples, he shows you how to put them to work in various ways. You'll learn how to use the questions to think about the overall market, different parts of the market, and even individual stocks. You'll also become familiar with how to apply them to interest rates, currencies, and many other investment areas. Fisher leaves no stone unturned as he explains how each of these three questions can help consistently improve your investment performance.

Filled with in-depth insights, expert advice, and engaging anecdotes, The Only Three Questions That Count provides you with a dynamic strategy and set of tools that will give you a distinct edge over other investors.

From the Back Cover
Praise for THE ONLY THREE QUESTIONS THAT COUNT

"I believe that reading this book may be the single best thing you could do this year to make yourself a better investor."
—From the Foreword by James J. Cramer

"The Only Three Questions That Count is a great resource for investors. Ken pushes his readers to go against the grain and not accept conventional investing thinking. His questions are food for thought for anyone craving a fresh take on investing."
—Gregory E. Johnson, President and Chief Executive Officer Franklin Resources, Inc.

"Money manager maestro Ken Fisher has been profitably enlightening our readers with his columns for more than twenty years. Investors will find this brilliant book an eye-opening, capital-gains producing experience."
—Steve Forbes, CEO of Forbes, Inc. and Editor in Chief of Forbes

"A provocative book for aggressive investors—from one of the investment world's most original thinkers."
—Charles R. Schwab, founder, Chairman, and CEO The Charles Schwab Corporation

Customer Reviews

So far so good
I haven't gotten all the way through the book yet. But so far so good. Questioning what we all "know" makes sense. And I am a believer in most data is already built into the stock price. So you have to determine what is true that everyone else does not know. Good so far.

Great Read, Good Advice from a Contrarian Curmudgeon
Ken Fisher is an interesting guy. But don't let me tell you about him - let him talk about himself. He does that a lot in this book.

The book itself feels like a sort of wandering conversation in which Ken takes you through his mindset to approaching stocks, how he questions market myths that the unwashed common masses take as gospel truth. To avoid following the herd, he asks three questions to make sure his mind is focused on uncovering 'real' truths of market movement. Stuff like 'deficit spending is good for the economy', and 'high p/e ratios do not necessarily signal over-priced stocks'.

Ken Fisher is a smart guy; having a conversation with him that lasts this long is a lot of fun, and it will make you all the wiser in your general approach to investing. I enjoyed his random rants on politics, and his general advice on finding your own causations and correlations in an increasingly complex world.

Where I fault this book is in its organization and its mild contradictions. Ken flat out denies for example that he's a contrarian by defining what he thinks is a contrarian and then describing why he isn't like that definition. He's also quite contradictory in his effusing of the efficient market hypothesis while bragging about his discovery of the p/s ratio to find undervalued stocks.

Finally, Ken has a lot of pent-up anger toward the financial industry, and he writes like he feels he's never received the respect he deserves. Kind of put a sour taste in my mouth when taking in the advice.

I recommend this book all the same. Like I said - Ken is an interesting guy; see through the faults, and you'll realize a wealth of interesting advice from a guy who knows what he's talking about.

Just terrific
What a valuable read. This is not like any other investing book I've read. The chapter on oil is worth the price of the book alone, particularly now that everyone's so worried about oil. This was just one eye-opening shocker after another.

If you want real advice on how to beat markets, get this book. If you want another fad diet book on some magic formula that doesn't really work, this isn't it.

Also, its pretty darn funny in parts! That was another nice surprise. I found this to be a good read, not too technical, but with enough real, front-line-of-the-war advice.