Ten Roads to Riches (eBook)

KEN FISHER is best known for his prestigious "Portfolio Strategy" column in Forbes magazine. As well as being the longest-running continuous columnist at the publication, he is the founder and Executive Chairman of Fisher Investments. ELISABETH DELLINGER is an analyst at Fisher Investments and senior editor of MarketMinder.com. She is also coauthor of Beat the Crowd with Ken Fisher. LARA W. HOFFMANS has coauthored numerous bestsellers with Ken Fisher, including The Only Three Questions That Count, How to Smell a Rat, and Plan Your Prosperity.

Preface: Now, More Than Ever ix

Acknowledgments xxiii

About the Authors xxvii

Chapter 1 The Richest Road 1

Picking a Path 3

Newer or Better? 4

Built to Sell or Built to Last? 6

Bootstrap or Finance? 10

Public or Private? 11

The Big Bull's-Eye 13

Founders Are Quitters--Just Do It 17

Chapter 2 Pardon Me, That's My Throne 23

Gray Hair and Dues-Paying 24

A CEO-volution (Through My Father's Eyes) 25

How to Lead 33

How to Get the Job 34

Aim Small . . . at First 36

The Big Payday 37

CEOs and Superheroes 40

The Best Part 43

Executive Education 43

Chapter 3 Along for the Ride: Ride-Alongs 47

Why Ride Along? 48

Pick the Right Firm 50

Be the Right Guy 55

Ride-Along Reading 59

Chapter 4 Rich . . . and Famous 61

The Talent Show 63

Potholes Ahead No One Sees! 67

Mogul Meandering 72

Read Your Way to Fame 78

Chapter 5 Marry Well. Really Well 81

How to Marry a Millionaire Billionaire 83

Like a Fine Wine--Well Maintained 90

Men Can Play, Too! 93

Love, Marriage, and Money 96

Do It by the Book 97

Chapter 6 Steal It--Like a Pirate, but Legally 99

Crusader or Pirate? 100

Raider's Road 101

The Richest Legal Road 103

Tort Us and the Scare 104

Target Practice 112

When a Pirate Becomes a Villain 115

The Inside Track 117

Chapter 7 OPM--Not Opium: Where Most of the Richest Are 121

Basic OPM Career Rules 122

Steps to OPM Wealth 124

Hedge Your Bets 130

Private Equity's Big Bucks 135

Don't Break the Law 137

Love Capitalism, Not Social Acceptance 142

Chapter 8 Inventing Income 145

The True Inventors 146

Writing for Dollars 148

Political Pensions--and Good News 153

If You Can't Be President . . . 155

Think Tanks Run Amok--a Sham-Scam 159

Monetized Reading 161

Chapter 9 Trumping the Land Barons 165

The Magic 166

Monetize It 166

The Fool's Bargain 169

Flippin's for Friggin' Losers 171

Getting Started 172

Buy, Build, or Both? 175

Where to Be and Not to Be; That Is the Question 177

Baron Books 181

Chapter 10 The Road More Traveled 183

Income Matters 184

Saving Grace 186

Get a Good Rate of Return (Buy Stocks) 191

The Right Strategy 194

Bonds Are Riskier Than Stocks--Seriously 202

Like Hetty? 205

Reading for Dollars 206

Notes 209

Index 227