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Ken Fisher: Advice for the Average Investor

Updated from 7:03 a.m. EDT

By Stockpickr Guest Columnist Fred Fuld of Stockerblog.com

Recently, I had the pleasure of interviewing Ken Fisher, head of the $45 billion Fisher Asset Management, a very longtime Forbes columnist and author of the books Super Stocks , The Wall Street Waltz , 100 Minds That Made the Market and The Only Three Questions That Count: Investing by Knowing What Others Don't .

He is also coming out with a new book in the fall, The Ten Roads to Riches: The Way the Wealthy Got There (And How You Can Too!), published by Wiley.

Here is the fifth installment of my interview with Fisher. If you've missed any of the first four installments, you can find them here: part 1, part 2, part 3 and part 4.

In part 5, Fisher offers his advice to the average investor regarding whether it's better to do one's own homework or to relly on the opinions of market commentators and analysts.

To read more, please click here.

This article was written by a member of the Stockpickr community. Stock recommendations and comments presented on Stockpickr.com are solely those of the members quoted. They do not represent the opinions of Stockpickr.com on whether to buy, sell or hold shares of a particular stock. Members should be cautious about any and all stock recommendations and should consider the source of any advice on stock selection. Various factors, including personal or corporate ownership, may influence or factor into a member's stock analysis or opinion. All members are advised to conduct their own independent research into individual stocks before making a purchase decision. In addition, investors are advised that past stock performance or portfolio performance is no guarantee of future price appreciation or performance. Furthermore, Stockpickr.com does not guarantee the accuracy or completeness of information on the site, nor does Stockpickr.com assume any liability for any loss that may result from reliance by any person upon any such information or recommendations. Such information recommendations are for general information only.

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