Harry S. Dent
Harry Dent: Review & Customer Comments
Harry S. Dent Jr. is a well known
author and prominent market forecaster.
Over the years he's provided a long track
record of hypotheses and predictions, some
of which have been extremely accurate while others off
the mark, but as the saying goes hindsight
is always 20/20.
Born in 1950 in Berkeley, California Harry Dent maintained a stellar
scholarly record throughout his life, graduating from USC at the top of his
class. He would then go on to complete his MBA from Harvard Business School as
a Baker Scholar.
Throughout his career as an economic researcher Harry Dent developed his own
system, The Dent Method, for analyzing market directions. His approach
focuses on interpreting consumer spending data collected throughout the
maturation period of a family. This takes into account the spending habits
of a person from their youth to retirement factoring in life stages of having
children, buying a house, etc.
Using this formula he was able to accurately predict the slowdown in the
Japanese economy at the end of the eighties, and the Dow's growth in the early
nineties. He details his use of this method and a combination of other
demographic statistics to reach his conclusions in many of his books.
Harry S. Dent's notable titles include "The Roaring 2000s," "The Next Great
Bubble Boom," and most recently, "The Great Depression Ahead." In his latest
book Dent explains why we haven't seen the worst yet, and predicts a larger drop
in stocks and real estate and even higher unemployment rates up till 2013.
The great thing about Harry Dent's books and method is that he gives you a
macro view of the economy and really delves deep into demographics for his
supporting evidence. Thus, even if you don't agree with his predictions
you can see the trends that he's using to formulate his argument.
Conversely, as with any other market forecaster his advice should be taken
with a grain of salt. Dent has had his share of missed calls, notably his
2000 prediction of the DOW reaching 40k. Despite this I think there is a
lot to be learned from his approach and his research into consumer spending habits.
This is a good example of why it's important to
understand that there's
no one investor out there with all
the answers. It's up to you to learn
as much as you can through a variety of
resources in order to understand the big
picture of trading. I would recommend using Harry's tips in
conjunction with additional trading
resources in an
ongoing educational process.
One great tool that I personally recommend is Free INO TV where you can view educational training videos from some the world's top analysts.
This is the type of information you'll get at seminars where a seat could cost thousands of dollars.
It's surprising that most people don't know about such a great resource that
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Customer Reviews for 'Harry
Dent Jr.'
Comments to date: 1. Page 1 of 1. Average Rating:  RICHARD Raso RIPON ,CALIF | 11:57pm on Thursday, July 23rd, 2009  | VIEWED MR. DENT ON CNBC TODAY & SOME OF HE SAID ,I AGREE WITH HIS FORECAST FOR 2010. I FAIL TO SEE HOW WE CAN BUY OUR WAY OUT OF THIS MESS.
EMPLOYMENT WILL NOT PICK UP BECAUSE BEFORE A COMPANY WILL START HIRING THEY WILL WORK THEIR PEOPLE OVERTIME TO TAKE UP THE INCREASE IN BUSINESS. I CAN SEE WHERE WE WILL CONTINUE TO HAVE A LARGE UNEMPLOYMENT PROBLEM. |
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