Fisher 1500 |
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In Chapter 10, The Road More Traveled, Ken Fisher discusses investing strategies for individuals at various levels.
For high net worth investors (those with $500,000 or greater), he generally recommends owning individual stocks and discusses
two options: active vs. passive investing.
Ken believes the best way to be passive is owning stocks best representing the world. That's why he compiled the Fisher 1500—the world's
1,500 largest stocks by market capitalization, updated quarterly. According to Ken, "You needn't own all 1,500—that
would be very pricey—you could buy the largest 100 or so and get good global coverage. To round out your portfolio, you could
buy some percentage in a small cap, global ETF—the cheapest way to go. That's passive. As you save more, keep buying in the
same percentages. Otherwise, leave everything alone."
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| Note: Neither the foregoing nor the discussion in Chapter 10 constitutes personal investment advice or any recommendation
with respect to a particular security or portfolio of securities. The strategies discussed are not tailored to any specific
person and may not be suitable for your situation or investment needs. Investing in securities always involves the risk of loss.
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