Fisher: Stocks Cheap, Focus on “Other Side of The Valley”

What will the turnaround look like? According to Kenneth Fisher, Forbes columnist and CEO of Fisher Investments, it won’t be a long, drawn-out process. In a speech given at the third annual NASDAQ MarketSite Conference in October, which is now available on Equities Magazine’s web site, Fisher says that historically the nature of bottoms is “V-like” meaning that whatever you lose at the end of a bear market you make up just as quickly after the market bottoms. For long-term investors, losing another 15 or 20 percent by staying invested during the final part of the bear market is immaterial, […]