Anatomy of the Meltdown - 1998-2008, by Seasoned Investment Advisor Franck Prissert, Explores the Ups and Downs of the US Stock Market’s Worst Decade
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.
Palm Beach Gardens, FL, October 14, 2009 --(PR.com)-- New book offers insight into tumultuous Stock Market of the last decade.
Anatomy of the Meltdown - 1998-2008, by seasoned investment advisor Franck Prissert, explores the ups and downs of the US Stock Market’s worst decade
Anatomy of the Meltdown - 1998-2008. The Worst Decade in Stock Investing, or Was It?, by Franck Prissert, aims to provide an insider’s perspective on how and why the Markets have been so turbulent over the last 10 years.
According to Prissert, data shows that the decade ending in 2008 was the worst in 150 years. Prissert claims that the 20% drop in household net worth and financial unrest that have unfolded can be explained by tracing events as far back as 1995.
Prissert divides recent history into two phases, the “internet bubble” and the “real estate and financial bubble”. Anatomy of the Meltdown shows that these bubbles created a level of financial leverage never seen before. Prissert intends to address the long-term causes of this crisis, rather than focus on the short-term consequences.
While hopeful from a statistical standpoint, Prissert believes it is almost impossible to effectively predict what the financial future will bring. The best way to prepare for stability, however, is to learn from times of chaos. Anatomy of the Meltdown aims to educate its readers in order to help prevent further strife.
Bill Stewart, Chairman of W.P. Stewart & Co. and one of the finest money managers of the past forty years according to Prissert, had this to say about Anatomy of the Meltdown:
“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.”
Anatomy of the Meltdown - 1998-2008. The Worst Decade in Stock Investing, or Was It? is available for sale online at Amazon.com, BookSurge.com, and through additional retail chains worldwide.
About the Author
Franck Prissert has 30 years experience as an institutional investment advisor. After graduating from Columbia Business School, Prissert started his Wall Street career with Brown Brothers Harriman & Co., went on to work with Montgomery Securities, and then founded his own company, Capital Max in 1998. He lives in Palm Beach Gardens with his wife and their four sons.
Media Contact
Franck Prissert
Email: franck@capmax.com
Phone: (561) 493-7077
Web: www.CapMax.com
Review Copies and Interviews Available
###
Anatomy of the Meltdown - 1998-2008, by seasoned investment advisor Franck Prissert, explores the ups and downs of the US Stock Market’s worst decade
Anatomy of the Meltdown - 1998-2008. The Worst Decade in Stock Investing, or Was It?, by Franck Prissert, aims to provide an insider’s perspective on how and why the Markets have been so turbulent over the last 10 years.
According to Prissert, data shows that the decade ending in 2008 was the worst in 150 years. Prissert claims that the 20% drop in household net worth and financial unrest that have unfolded can be explained by tracing events as far back as 1995.
Prissert divides recent history into two phases, the “internet bubble” and the “real estate and financial bubble”. Anatomy of the Meltdown shows that these bubbles created a level of financial leverage never seen before. Prissert intends to address the long-term causes of this crisis, rather than focus on the short-term consequences.
While hopeful from a statistical standpoint, Prissert believes it is almost impossible to effectively predict what the financial future will bring. The best way to prepare for stability, however, is to learn from times of chaos. Anatomy of the Meltdown aims to educate its readers in order to help prevent further strife.
Bill Stewart, Chairman of W.P. Stewart & Co. and one of the finest money managers of the past forty years according to Prissert, had this to say about Anatomy of the Meltdown:
“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.”
Anatomy of the Meltdown - 1998-2008. The Worst Decade in Stock Investing, or Was It? is available for sale online at Amazon.com, BookSurge.com, and through additional retail chains worldwide.
About the Author
Franck Prissert has 30 years experience as an institutional investment advisor. After graduating from Columbia Business School, Prissert started his Wall Street career with Brown Brothers Harriman & Co., went on to work with Montgomery Securities, and then founded his own company, Capital Max in 1998. He lives in Palm Beach Gardens with his wife and their four sons.
Media Contact
Franck Prissert
Email: franck@capmax.com
Phone: (561) 493-7077
Web: www.CapMax.com
Review Copies and Interviews Available
###
Contact
Capital Max, Inc.
Franck Prissert
561-493 7077
www.capmax.com
Franck Prissert
561-493 7077
www.capmax.com
Contact
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