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Profiting in Economic Storms: A Historic Guide To Surviving Depression, Deflation, HyperInflation, and Market Bubbles [Kindle Edition]

Daniel S. Shaffer
3.5 out of 5 stars  See all reviews (2 customer reviews)

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Book Description

A look at lessons of the past that could help secure profits in an uncertain economic future

In this era of unprecedented economic disruption, author Dan Shaffer warns investors and traders to be skeptical of the day-to-day pronouncements of the media and financial pundits, and instead look to the lessons of history and long-term economic cycles to inform their financial decisions.

To successfully navigate today's economic storms, he asserts, investors need to break free of crowd psychology and think for themselves. Shaffer believes that the study of past financial crises provides the surest guide to assessing the current environment, and with this reliable resource he shows you exactly how to make the most of your time in today's markets with this effective approach.

  • Offers timely advice on surviving depressions, deflation, hyperinflation, and market bubbles
  • Compares our current economic and political situation with past financial crises and the rise and fall of other civilizations

By understanding the "big picture," and refusing to be manipulated, you can better protect your assets and move in and out of trends to make big profits. This book will show you what it takes to make these moves, and excel in today's uncertain economic environment.

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Editorial Reviews

About the Author

Daniel S. Shaffer is president and CEO of Shaffer Asset Management, Inc. He is a certifi ed public accountant (CPA) as well as chartered fi nancial consultant (ChFC). He has a master's of science degree in accounting from New York University and bachelor's degree in speech communications from Syracuse University.

Product Details

  • File Size: 833 KB
  • Print Length: 241 pages
  • Page Numbers Source ISBN: 0470596333
  • Publisher: Wiley; 1 edition (October 26, 2010)
  • Sold by: Amazon Digital Services, Inc.
  • Language: English
  • ASIN: B004A15BAY
  • Text-to-Speech: Enabled
  • X-Ray:
  • Lending: Enabled
  • Amazon Best Sellers Rank: #1,068,411 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Customer Reviews

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9 of 10 people found the following review helpful
2.0 out of 5 stars Great Theory but lacking in support December 26, 2011
Format:Hardcover|Verified Purchase
First of all, I am not an active investor, trader or money manager for which, as the author states in his Preface, this book is intended for. I am a retired military officer with an MBA and a great deal of interest in economics.

The authors main message throughout the book is that the economy is in the very early stages of entering an "deflationary depression". He postulates a 40 year economic cycle that will bottom out in 2020 with a period of inflation of hyper-inflation to follow. He explains the current economic situation, why no government can stop it, and the normal investment mindset of the average individual. He then looks at examples in history of other mania's and concludes with mathematical examples of how to predict of "engineer" the market. He uses everything from sun spot cycles, Fibonacci Numbers, even Terry Landry's "T Theory" as possible ways to predict market movement. This book is not for those who subscribe to the buy and hold theory.

Support for this theory in lacking. First of all, he outlines other famous mania's from the Tulip Bulb Mania in 1634-1637, The South Sea Bubble, The Nikke 225 Index, right up to our current situation. All told, he describes, by my count, over 100 years of financial panics and mania's in just 12 pages of text. His depiction of each is a small background of the event followed by a price chart. He leaves the reader with a hunger for more information that this book lacks. The section on mathematical equations is impressive, but once again lacks depth to support it. I got the impression he was cherry picking mathematical equations and natural cycles to support a conclusion he has already made. Finally, and while he mentions the market numerous times, he never explains what, exactly, the market is.
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12 of 17 people found the following review helpful
5.0 out of 5 stars Valuable Long-Term Perspective November 1, 2010
The author discusses the current economic environment from an historical perspective and provides a good deal of evidence that the U.S. may be on the path toward a long-term decline. For the here and now, he believes we're likely to drift into an deflationary depression followed by hyperinflation toward the later part of the decade. He provides investment ideas for every stage of the cycle. The message to me is to anticipate the future and plan your investments accordingly. There will be great opportunities, but if you stand still, you could lose a boatload. Tough times are going to last. Better be prepared.
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More About the Author

Daniel S. Shaffer is President & CEO of Shaffer Asset Management, Inc. He earned the designation of Certified Public Accountant (CPA) in May of 1989 and is currently registered as inactive status with New York State. He obtained the Chartered Financial Consultant (ChFC) designation in October of 1992 from the American College. In June of 1986, he received his Masters of Science Degree in Accounting from New York University. Daniel S. Shaffer also received his Bachelors Degree in Speech Communications from Syracuse University in December of 1982.

In January of 1983, Daniel S. Shaffer started his career as a floor trader for his own account on the New York Futures Exchange. From 1983 through 1989, he had been with such firms as Bear Stearns, Coopers & Lybrand (now known as PricewaterhouseCoopers) and Hambrecht & Quist (now owned by JPMorganChase). In 1989, Daniel S. Shaffer became an independent financial planner and money manager. He has been in the securities industry since 1983. In 2000, he developed money management strategies where he has since managed money utilizing stocks, futures and foreign exchange for individuals, major institutions and for his former hedge fund.

Daniel S. Shaffer's technical analysis of the stock, currency and commodity futures markets has been widely recognized by the financial community and the media. He believes in helping others attain his or her financial goals by sharing his wealth of knowledge, research, investment experiences and technical analysis. One of the benefits of working with Daniel S. Shaffer is his ability to provide clear, easily understood explanations of his philosophy, strategies, methodologies and technical analysis techniques.

Daniel S. Shaffer is a frequently invited guest lecturer, panel member and workshop/seminar presenter for many Private Organizations and Public Events; and is a frequent guest commentator on national business television networks and radio stations, and is quoted in the press.


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