Dow 36,000: The New Strategy for Profiting from the Coming Rise in the Stock Market

anyone watching Youtube knows that the most hilarious fail is preceded by someone announcing their imminent success, and these people lecturing about how shares are unsinkable just before a ginormous crash will be hilarious to anyone who knew what comes nextanyone who knows nothing about the market should steer clear though - lots of inside talk, and it effectively says it is safe to walk on water and set yourself on fire in terms of sharespity for the authors, as a lot of what is written makes sense - they just forgot the law of gravity

This social "science" masterpiece should be required reading for any student in economics or the other social "sciences". Co-authored by social "scientist" Kevin A. Hassett, the book claims "stocks are actually less risky than bonds". Published shortly before the tech bubble burst in early 2000, the book states the Dow will climb to 36,000 "in the next few years". Both authors are affiliated with the think tank American Enterprise Institute. The preface of my edition was written after the Nasdaq crashed, and they show no remorse: "We have not changed our conviction. Nothing has caused us to alter one word of our theory". This book should serve as a stark warning to anyone who looks to social "scientists" to find truth or predict the future. Due to their lack of remorse, one has to suspect that the authors will not refund the money of investors who lost it in the stock market after reading this piece of garbage. Reading the reviews from 1999 is hilarious.

I recently picked up this book and "Why The Real Estate Boom Will Not Bust - And How You Can Profit From It." As an investor, I believe that it is important to study in detail what seemed like obvious truth at the time and later turned out to be folly and self-deception. I read them to try to develop insight into the errors of thought that might pervade the current market and to prepare to take advantage of them.

Concept in book is easy to understand & classic for all time investment principle

Still in the process of reading it, but overall has some good tips. I read a more recent article from the author saying he was wrong in this book, so that is why I wanted to read it.It approached fundamental buy/hold for U.S. stocks but in this changing dangerous world that adds some interesting challenges to this thinking.