Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your mobile phone number.
"Dow, 30,000 by 2008" Why It's Different This Time - Second Printing Paperback – December 1, 2008
The Amazon Book Review
Author interviews, book reviews, editors picks, and more. Read it now
Customers who viewed this item also viewed
About the Author
Bob Zuccaro began his career as an analyst for the Value Line Survey in New York City in 1967. When he entered the investment business, there were only 204 mutual funds of all types in existence compared to some 15,000 today. In late 1983 after receiving numerous opportunities to join other investment firms, he decided to form an advisory firm and named it Target Investors. In 1997, Mr. Zuccaro founded Grand Prix Fund--oriented toward aggressive growth stocks. The new fund achieved distinction as one of only seven mutual funds in history to achieve back-to-back years of triple-digit returns. Grand Prix Fund returned 112% in 1998 and 148% in 1999 before it got caught in the throes of the vicious bear market that took hold in early 2000.
The author has managed money during his 34-year career through seven bull markets, seven bear markets, and five recessions. The success and accolades received over the years have been earned through in-depth study, intense efforts and application of strict investment disciplines.
Top customer reviews
There was a problem filtering reviews right now. Please try again later.
"Your New Flying Car" - 1971
"A Man On Mars - Why it Will Happen Soon" - 1972
"Personal Computers - An impossible Pipedream" 1974
"The Metric System - The System We Will Have to Adopt" - 1976
Wow, you usually only hear words like "it's different this time" as part of "trading 101" lessons that generally go something like this: "if you ever hear a purported expert say 'it's different this time', go to cash immediately". In trading lore, the party guilty of uttering these legendary four words is seen as the straight man, the gullible goof soon to be living at the "Y" and eating government cheese. And not only did this dude write a book with those very words IN THE TITLE, he put his face on the cover so we can recognize him on the street!
I've bought and read a ton of trading and investing books in my time, and from that the most important lesson I've learned is not to take advice from someone just because they wrote a book. If you're putting your own money into a financial instrument, take the time to learn about it, understand as best you can the forces that move it, so you can make choices that make sense for your goals and time frames. Anyone who blithely makes a critical financial decision based on advice from a book without doing their homework deserves what they get.
By the way, please be sure to check out my new book, "Dow 300 by 2009".
While it is unfair to rate a book very few of us would read, it is obvious this work has no analytical argument as there is no serious, foreseeable way Dow would hit 30,000 in the short term (without a huge bubble and another burst at the middle).
If you truly believe that somehow companies will triple their worth and the GDP of the USA will grow at rate of 25-30% per year, then by all means buy this book, contact your nearby Goldman Sachs trader and mention you want to participate on their Abacus XXV SPV.
"Grand Prix GPFFX
This fund's wacky trajectory has enabled more than a few fund analysts to unleash car-themed jokes. Only "crash test dummies" would want this "out of control" "lemon," we opined over the space of three Analyst Reports. This year's 36% loss to date is just a taste of losses that have hit this fund's shareholders. It's one of the most volatile funds in our database, yet investors haven't been rewarded for sticking with it. It has lost an annualized 22% over the past five years. And it charges 2.49% in expenses to boot."
And the author wants me to buy his book??
I'll stick with boring, conventional wisdom (Bogle, Graham, Malkiel) and index funds, thanks.