Kenneth Fisher Quotes
Despite its many critics, hydraulic fracturing will change the nature of energy production.
Fisher, Kenneth L. "Frack And Make Money." Forbes, Forbes Media, 7 May 2012.
At the time this article was written coal was being phased out in most of the country but not as the result of any political actions. The new technologies of producing shale oil and fracking had driven down the price of natural gas and oil, making coal the most expensive fuel alternative so the market place was finally doing what the politicians would not do. Ironically, the conservative politicians from coal producing states like West Virginia and Kentucky, who would normally say that government should always defer to the marketplace, then called for government action to protect the coal industry from the marketplace.
Kenneth Lawrence Fisher is an American billionaire investment analyst, author, and the founder and chairman of Fisher Investments, a fee-only financial adviser. Fisher's Forbes "Portfolio Strategy" column ran from 1984 to 2017, making him the longest continuously-running columnist in the magazine's history. Fisher has authored eleven books on investing, and research papers in the field of behavioral finance. He is on the Forbes 400 list of richest Americans and as of 2020 is worth $4.3 billion. In 2010, he was named to Investment Advisor magazine's "30 for 30" list of the 30 most influential people in the investment advisory business over the last 30 years. As of September 2020, Fisher's firm managed $135 billion.