Financial Columnist

Ken Fisher is a regular contributor to several publications, including Germany’s Focus Money; Denmark’s leading business newspaper, Børsen; the Netherlands’ largest newspaper, De Telegraaf; Switzerland’s leading business paper, Handelszeitung; Spain’s largest business website and newspaper, elEconomista; Italy’s third largest newspaper and number one business paper, Il Sole 24 Ore; France’s L’Opinion; Belgium’s La Libre; Austria’s Trend; Caixin—often referred to as the Bloomberg of China; the Hong Kong Economic Journal; Taiwan’s Business Weekly; South Korea’s largest business paper, Chosun Mint; Japan’s Diamond Weekly; and Singapore’s The Business Times.

Ken is perhaps best known for his "Portfolio Strategy" column in Forbes magazine, which ran from 1984 through 2016, making him the longest continuously running columnist in Forbes’ history. You can navigate the full history of Ken Fisher’s market calls through his writings in Forbes via the Ken Fisher interactive timeline.

Not all past forecasts were, nor future forecasts will be, as accurate as those presented here. Forecasts are Ken Fisher's personal forecasts of the overall market as published in Forbes and do not represent the performance of Fisher Investments. Past performance is no guarantee of future returns. Investing in securities involves the risk of loss.

Column: dit simpele getal maakt van u een slimme belegger

By Ken Fisher, De Telegraaf, Wednesday, September 15, 2021

Winst, winst en nog eens winst! Vaak is dat het enige waar analisten naar kijken. Wat voor winstcijfers heeft een bedrijf gepubliceerd? Vielen die in lijn met de verwachtingen van de analisten in de torens van de Zuidas? Zullen de bedrijfsresultaten volgend jaar stijgen of dalen? Dit zijn allemaal goede vragen, maar door deze kortzichtige blik wordt een betere indicator voor toekomstige bedrijfsresultaten over het hoofd gezien: de brutowinstmarge.

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When Excess Fat Is GOPM Great for You

By Ken Fisher, LinkedIn, Thursday, August 26, 2021

Earnings, earnings, earnings! Often, that is all pundits dissect. How much profit did a firm report? Did it meet Wall Street’s expectations? Will its earnings soar or sag next year? Fine questions! But investors stuck in this myopia miss a better gauge of future growth: gross operating profit margins (GOPMs). 

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When Scarcity Of CEO Love Is A Bullish Signal For Stocks

By Ken Fisher, Real Clear Markets, Wednesday, August 25, 2021

Where did all the heroes go? Hero CEOs, that is. Late in bull markets, investors typically christen a slew of rising corporate leaders as near-infallible. They go gaga on these visionaries' views of a gigantic far-flung future their firms will supposedly dominate. But such romantic tales are hidden warnings. CEO celebration signals rising exuberance-the kind stretching expectations to unattainable heights. The good news? Lionized corporate leaders are near non-existent now-a sign this bull market isn't near a euphoric top.

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儲局「收水」如何利好恒指

By Ken Fisher, Hong Kong Economic Journal, Saturday, August 21, 2021

美國聯儲局推出「量化寬鬆」近13年,但這項政策至今仍存有不少誤解。一方相信,量化寬鬆的通脹刺激因素會拖垮美元,連帶拖累掛鈎貨幣;另一方則認為,量化寬鬆對經濟增長至關重要,擔心一旦縮減會為世界經濟和股票市場帶來厄運。雙方憂慮圍繞着相同的謬論:他們都假設量化寬鬆政策是刺激因素。然而事實並非如此,量化寬鬆 ...

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Column: geen heldenstatus voor ceo’s is goed nieuws

By Ken Fisher, De Telegraaf, Monday, August 16, 2021

Waar zijn alle helden gebleven? We bedoelen: heldhaftige ceo’s. In bullmarkten die al ver op stoom zijn, bestempelen beleggers hele scharen opkomende corporate leaders als vrijwel onfeilbaar. De analisten gaan af op verhalen van visionaire ceo’s over een verre toekomst waarin hun firma’s de markt zullen domineren. Deze stoere verhalen zijn echter verkapte waarschuwingen. Het aanbidden van ceo’s is een teken van ’exuberantie’; een stemming waarbij de bomen tot in de hemel groeien.

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