Dow 36,000: The New Strategy For Profiting From The Coming Rise In The Stock Market
(James K. Glassman ; Kevin A. Hassett)
In the first half of this book, the authors present their case for a new method of assessing the proper value of stocks and conclude that U.S. stocks, on average, are worth approximately three times their current prices. They elaborate that theory primarily by looking at historical rates of return for stocks and comparing them with the rates generated by other types of investment. In the latter half of the book, the authors explain how to profit from their theory and cite specific stocks and mutual funds that are well poised to benefit from the trends they foresee.
James K. Glassman is a financial columnist for Reader's Digest and a resident fellow at the American Enterprise Institute. Kevin A. Hassett is a resident scholar at AEI.
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