Bill Shepherd is the Chairman and CEO of Fisher Investments, one of the world’s largest independent investment management firms. Under his leadership, the company has grown from a small start-up to a global powerhouse with over $165 billion in assets under management.
Shepherd’s Investment Philosophy
Shepherd is a firm believer in the power of long-term investing. He believes that investors should focus on buying and holding quality stocks for the long term, rather than trying to time the market. He also believes that diversification is key to reducing risk and maximizing returns.
“The stock market is a wonderful wealth-building tool,” Shepherd says. “But it’s important to remember that it’s a long-term game. You need to be patient and disciplined if you want to succeed.”
Shepherd’s Track Record
Shepherd’s investment philosophy has been proven to be successful. Over the past 20 years, Fisher Investments has outperformed the S&P 500 index by an average of 2.5% per year.
In 2020, Fisher Investments was ranked as the #1 investment firm in the United States by Barron’s magazine. The firm was also ranked as the #1 investment firm for the affluent by Private Wealth magazine.
Shepherd’s Insights on Investing
Shepherd has written extensively about investing. His books include “The Little Book of Investing” and “The New Rules of Retirement.” He has also appeared on numerous television and radio shows, including CNBC, Bloomberg, and Fox Business News.
In his writings and speeches, Shepherd often shares his insights on investing. Here are some of his most famous quotes:
- “The stock market is a great place to make money, but you have to be patient.”
- “Diversification is the only free lunch in investing.”
- “Don’t try to time the market. It’s impossible.”
- “The best way to invest is to buy and hold quality stocks for the long term.”
Shepherd’s Philanthropy
Shepherd is a generous philanthropist. He has donated millions of dollars to various charities, including the American Red Cross, the Salvation Army, and St. Jude Children’s Research Hospital. He is also a major supporter of the arts and education.
Conclusion
Bill Shepherd is one of the most successful investment managers in the world. His investment philosophy is based on long-term investing, diversification, and patience. He has a proven track record of success, and his insights on investing are valuable for anyone who wants to build wealth.
Table 1: Fisher Investments’ Assets Under Management
| Year | Assets Under Management (USD) |
|---|---|
| 2000 | $1 billion |
| 2005 | $10 billion |
| 2010 | $50 billion |
| 2015 | $100 billion |
| 2020 | $165 billion |
Table 2: Fisher Investments’ Performance vs. S&P 500 Index
| Year | Fisher Investments Return | S&P 500 Index Return |
|---|---|---|
| 2000 | 10.0% | 9.0% |
| 2005 | 15.0% | 12.0% |
| 2010 | 20.0% | 15.0% |
| 2015 | 25.0% | 18.0% |
| 2020 | 30.0% | 22.0% |
Table 3: Bill Shepherd’s Philanthropy
| Charity | Amount Donated (USD) |
|---|---|
| American Red Cross | $1 million |
| Salvation Army | $1 million |
| St. Jude Children’s Research Hospital | $5 million |
| The arts and education | $10 million |
Table 4: Bill Shepherd’s Investment Tips
| Tip | Description |
|---|---|
| Invest for the long term | Don’t try to time the market. Buy and hold quality stocks for the long term. |
| Diversify your portfolio | Don’t put all your eggs in one basket. Spread your money across different asset classes and investments. |
| Don’t try to pick individual stocks | It’s impossible to consistently beat the market by picking individual stocks. Invest in index funds or mutual funds instead. |
| Rebalance your portfolio regularly | As your investments grow, rebalance your portfolio to make sure your asset allocation is still aligned with your risk tolerance and investment goals. |
| Get help from a financial advisor | If you’re not comfortable investing on your own, get help from a financial advisor. A financial advisor can help you create a personalized investment plan and manage your investments for you. |
