The used book market values this book at $.01. . Dow 36,000: The New Strategy for Profiting From the Coming Rise in the Stock Market is a 1999 book by syndicated columnist James K. Glassman and economist Kevin A. Hassett,[1][2] in which they argued that stocks in 1999 were significantly undervalued and concluded that there would be a fourfold market increase with the Dow Jones Industrial Average (DJIA) rising to 36,000 by 2002 or 2004. To get the free app, enter your mobile phone number. Dow 36,000: The New Strategy for Profiting From the Coming Rise in the Stock Market is a 1999 book by syndicated columnist James K. Glassman and economist Kevin A. Hassett, in which they argued that stocks in 1999 were significantly undervalued and concluded that there would be a fourfold market increase with the Dow Jones Industrial Average (DJIA) rising to 36,000 by 2002 or 2004. Despite the sensationalist title, Glassman, a syndicated columnist, and Hassett, a scholar at the American Enterprise Institute who used to be an economist at the Federal Reserve, argue only the classic case for investing in stocks: that over long periods of time stocks have always outperformed alternative investments. Find all the books, read about the author, and more. Mine was autographed by one of the authors. ¸ The perfectly reasonable price. Brand New!. What was so odd about the author's choice of book title? controversial . Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon. 304. ISBN 13: 9780609806999 I recently picked up this book and "Why The Real Estate Boom Will Not Bust - And How You Can Profit From It." Hardcover. Their practical advice tells why many investors should not be active traders and why it's important to hold on to stocks and mutual funds even when they go into a downturn. It's provocative, controversial, contrarian and a total crock. Find all the books, read about the author, and more. --John C. Bogle, senior chairman, The Vanguard Group"Glassman and Hassett's ideas are timely and thought-provoking. James Glassman and Kevin Hassett Published a book called "Dow 36,000." Over long periods of time the Dow goes up, with inflation if nothing else. Glassman and Hassett show investors a sensible strategy for making money by becoming a disciplined "36er." It is one of the most important and provocative books on markets and investing written in recent years. We may come to think of these guys as value investors on steroids. ames K. Glassman, for many years a columnist for The Washington Post and host of the PBS show Techno-Politics, is currently financial columnist for the Reader's Digest and a fellow at the American Enterprise Institute. * The Perfectly Reasonable Price. Was financial gravity being defied, or were other forces at work? . In addition to making their case for undervalued stocks, the authors toss off some good investment advice about stock picking, portfolio allocation, and buying mutual funds, and they go to great pains not to bulldoze readers with investing and economic jargon. In addition to making their case for undervalued stocks, the authors toss off some good investment advice about stock picking, portfolio allocation, and buying mutual funds, and they go to great pains not to bulldoze readers with investing and economic jargon. One example they cite is Exxon, which you could have bought in 1977 for about $6 when it was paying a dividend of 37 cents, or about 6 percent a share. In Dow 36,000, James Glassman and Kevin Hassett see a bright future for stocks, but rather than looking at external factors, the two base their prediction on the intrinsic value of equities and their ability to generate cash. I recently picked up this book and "Why The Real Estate Boom Will Not Bust - And How You Can Profit From It." Avoid mistakes. Shipping: He received his Ph.D. in economics from the University of Pennsylvania. Glassman and Hassett provide investors with a sensible strategy for making money by becoming a disciplined "36er." Instead of declining, the prices of stocks kept rising. Brand New!. Seriously? pp. Crown Business, 1999. Why? Bring your club to Amazon Book Clubs, start a new book club and invite your friends to join, or find a club that’s right for you for free. Glassman and Hassett had predicted that the[3]. Most books that predict a sky-high stock market make their forecast either by extrapolating the trend line of the market's recent past or by looking at the demographics of the baby boom and the vast amounts of retirement funds chasing stocks. "The Sum of the Share Prices of All 30 Dow Jones Members Will Triple" "The Sum of the … Astounding profits can be made, but the time to act is now! Still in the process of reading it, but overall has some good tips. In early 2010, Glassman and Hassett conceded they lost the bet and they each donated $1,000 to the Salvation Army. "[6] For the Dow to be closer to 10,000 than to 36,000, it would have to be below 23,000. Unable to add item to List. Within U.S.A. ISBN 10: 0609806998 Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. It also analyzes reviews to verify trustworthiness. Please try again. This book should serve as a stark warning to anyone who looks to social "scientists" to find truth or predict the future. In 1999, James Glassman and Kevin Hassett created a sensation with their book “Dow 36,000: The New Strategy for Profiting from the Coming Rise in the Stock Market.” ", Kevin A. Hassett James K. Glassman, James K. Glassman, former financial columnist for.
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