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Anatomy of the Meltdown 1998-2008: The Worst Decade in Stock Investing, or Was It? Paperback – August 10, 2009
We all focus on recent events while sometimes losing track of how they developed. Franck's work puts the past decade into bold relief, reminding us of how the worst market in most of our lifetimes came to be. His points are well made and nicely documented. This should help all of us to better understand the present investment climate - a necessary precursor to forecasting the next step. Finally, Franck illustrates that the market's decline over the past decade was about as bad as it gets, but the following decade is usually spectacularly good. Schumpeter on steroids! This is a nice read providing valuable investment perspective.
-- Bill Stewart,
Executive Chairman of W.P. Stewart & Co.
About the Author
Franck Prissert is an active market participant with thirty years of experience as an institutional investment advisor. A Columbia Business School graduate and a Chemical Engineer, he started his Wall Street career with Brown Brothers Harriman & Co., then joined Montgomery Securities and finally went on his own, founding Capital Max in 1998. He has lived in Paris, New York, San Francisco and now Palm Beach Gardens, with his wife and their four sons.
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