Tuesday, January 19, 2016

Book Review: The Sustainable Edge

The book, The Sustainable Edge: 15 Minutes a Week to a Richer Entrepreneurial Life, by Ron Carson and Scott Ford, is a guide to help entrepreneurs with their work-life balance. With the spectacular growth of startups, many startup founders and entrepreneurs have their entire lives revolving around their businesses. The authors can help business owners improve in the four areas of business, teams, clients, and personal lives.

The book covers everything from knowing your core competencies to listening to your customers to setting your company's one clear annual goal to creating your brain trust to measuring your progress to time management to delivering value.

One nice feature of the book is that at the end of every chapter, there is a quick exercise to help you apply the principles of the book.

In addition, the appendix section has extensive charts, worksheets, and resources to provide further support for the reader.

The authors relate many of their personal experiences from their financial services businesses (both authors are CEOs of wealth management companies).  The authors obviously know what they are talking about as they are very successful in their fields. As a matter of fact, Barron's ranked Carson Wealth as one of the Top 100 Financial Advisors for 2015.

If you want to improve your business life while maintaining a balance with your personal life, you should check out  The Sustainable Edge.

Friday, January 8, 2016

Exclusive Interview with Ken Fisher, Billionaire Money Manager & Forbes Columnist

Republished courtesy of Stockerblog.com

The following fascinating interview was provided by Kenneth L. Fisher, head of the money management firm Fisher Investments, long time columnist for Forbes Magazine, billionaire, and author of numerous books. His latest book is Beat the Crowd: How You Can Out-Invest the Herd by Thinking Differently, which I highly recommend.

Ken Fisher
You may have seen him on TV commercials, or you may have spotted his magazine ads. If you are a reader of Forbes, you would definitely find his column. Fisher is on the Forbes 400 list of richest Americans and Forbes world billionaires list. According to Investment Advisor magazine, he is one of the 30 most influential people in the investment advisory business over the last 30 years. Fisher is considered to be the largest wealth manager in the United States.

We cover a lot in this interview, including:
  • Whether or not we are still in a bull market
  • What it means to be a true contrarian
  • What the professional forecasters are predicting for the stock market this year (and why they are probably wrong)
  • Using the Leading Economics Index to predict the next few months
  • The concept of "not in the next 30 months"
  • Positive and negative "Elephants in the Room"
  • Concerns about the future consequences of punishing good banks for bailing out bad banks
  • Annuities, terrorism, climate change, debt, and much, much more.

Books by Ken Fisher

Here are some other books by Ken Fisher, which are worth checking out:

The Only Three Questions That Still Count: Investing By Knowing What Others Don't 
(A great companion to the Beat the Crowd book.)

The Ten Roads to Riches: The Ways the Wealthy Got There (And How You Can Too!)  
(This is actually my favorite book of his, maybe because it is so different from all the other finance books. It basically tells you ten ways, with all the steps, to get really rich, including "marrying a billionaire." Lot's of insight and lots of humor.)

Markets Never Forget (But People Do): How Your Memory Is Costing You Money and Why This Time Isn't Different 

The Little Book of Market Myths: How to Profit by Avoiding the Investing Mistakes Everyone Else Makes 

Debunkery: Learn It, Do It, and Profit from It-Seeing Through Wall Street's Money-Killing Myths 

How to Smell a Rat: The Five Signs of Financial Fraud 
(If you want to avoid getting ripped off, you really need to read this book.)

Other Books that Ken Fisher Recommends

In Chapter 8 of his Beat the Crowd book, he recommends several books for additional reading. Here are many of those books:

The Intelligent Investor: The Definitive Book on Value Investing 

Common Stocks and Uncommon Profits 

Reminiscences of a Stock Operator 

Contrarian Investment Strategies: The Psychological Edge 

Where Are the Customers' Yachts?: or A Good Hard Look at Wall Street 

That Which Is Seen and That Which Is Not Seen: The Unintended Consequences of Government Spending 

How Capitalism Will Save Us: Why Free People and Free Markets Are the Best Answer in Today's Economy 

Business Cycles 

How to Lie with Statistics 

A Monetary History of the United States, 1867-1960 

Growth and Welfare in the American Past: A New Economic History 
The Rational Optimist: How Prosperity Evolves

Senseless Panic: How Washington Failed America 

The Interview

You will certainly enjoy all this great information that Ken Fisher provides.

To stream the interview, click:

You can download as an mp3 by right-clicking here and choosing "save as."

Let us know what you think about this interview by entering your comments in the comment section below.

All opinions are those of Ken Fisher, and do not represent the opinions of Stockerblog.com or the interviewer. Neither Stockerblog nor the interviewer nor the interviewee are rendering tax, legal, or investment advice in this interview.