Customer Reviews

Wall Street Waltz: Ninety Visual Perspectives

5 star:		(4)
4 star:		(2)
3 star:		(0)
2 star:		(0)
1 star:		(0)

 

 

I first read Ken Fisher's book in 1987, unfortunately for me, after the stock market crash. Had I read it before the crash of 1987 I think I would have sold out.

His book clearly gave the warning signals about the high valuations of stocks in that era. I love this book for its simplicity and powerful demonstrations of market history that I have recommended it to many people who want to learn more about markets.

I have this book prominently displayed in my collection of books about the markets.

Mr. Fisher does a very good job of expounding on financial markets, measurements, and traditional wisdom, often iconoclastically. Many excellecnt long term charts, and references to little known economists whose ideas have been over-looked by mainstream academics.

Perfect antidote to "what will the market do." According to this book, over the last 200 years, long ups and have been followed by long downs. Makes sense. EPS needs time to "catch up" to over pricing (overheating or whatever).

So, if 200 year trends come to fruition, NASDAQ and the DOW will hit their 2000 peaks in about 2016 to 2018. However, remember, the long term trend is still up. It just got ahead of itself a bit (800% growth from 1983 to 2000 was too much). Hang on and the market shows this.

Great book. No axes to grind.

I originally bought this book in the late 80's and wish the author would update the charts/graphs through recent times. Every page of the book provides detailed, large illustrations depicting financial and economic statistics/trends and cycles. I learned a lot from this book in the 80's and suspect if the additional 20 years of data were added to these charts/graphs, it would be a wealth of eye opening information. I have also used some of the illustrations to teach my staff about the economy - it's great!

This book is perfect for any serious investor. Professional and individual investors. The major take home lesson from the book is the importance of investing for the long term. Also, that economic cycles come and go. Always have and always will. And the graphs in this book will help you think about how to determine where the economy currently is along the boom/bust scale (but you need to find or create your graphs for that analysis unfortunately, as the graphs are dated). If the book was kept up-to-date, I would give definitely give it 5 stars. From what I understand, the book was reprinted in 2007 but only 4 of the graphs were updated.

Despite the dated graphs, it's still a useful reference for the lessons you take away, the graphs (many hard to find and very long histories), Ken Fisher's commentary which offers a glimpse into the mind of a top investor, plus it serves as a great jumping off point for creating your own book of graphs (which is what I'm working on now).

Overall, this will make a great addition to any serious investors library.

Investors simply have to own a copy of this book , or the later edition . Charts cannot lie . Ken fisher has provided an amazing array of financially related graphs , across centuries of time . Gonna bing all your dosh into gold , 'cos times are scarey , and you're uncertain of the future ? Suggest you temper your enthusiasm and check out chart # 57 . This is an awesome book , to read , study , refer to . The visual perspective of a chart impresses upon me so much easier than words can explain . Each chart does have a page of description . Luckily Mr Fisher has an easy to follow dialogue , and an excellent sense of humour . Bravo , Sir !