Harry S Dent Reviews
About Harry S Dent
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 there is a lot to be learned from his approach and his research into consumer spending habits.
14 ‘Harry S Dent’ Reviews
Dent not only missed the equity Crash predictions he made th claim that there was nothing the central bankers could do to stop it and then said the central bankers delayed the inevitable. There is not difference, wrong date = wrong forecast especially when its years off. Either he was wrong about the crash or wrong about the assumptions that he developed to predict it. Further his primary scenario is always down and he assigns a reason so just in case it crashes then he doesnt miss the the date as a "cya" which hurts everyone following. Additionally, he constantly shows visual predictions with markets crashing (arrows pointing down) and then tells people not to to trade on non-formal predictions. Earth to Harry, dont show a chart with an effective predicition, simply say its a buuble and one day it will burst, because if people shouldnt follow it it serves NO purpose. The guy is arrogant and thinks he knows what he doesnt and he hurt lots of people. So you can like his newsletter but he failed massively on the bubble burst predictions and destroyed peoples returns. They could have gained, and not lost...double whammy for the easiest time EVER to make money. Thanks Harry! He has alot to answer for and has still not apologized other than saying Mea Culpa..
I started receiving the free newsletter, Economy and Markets, back in early 2014. I loved it so much that I signed up to the paid newsletter subscription to Boom & Bust. Harry Dent and the Dent Research team really give crucial information on how to survive during these crazy economic times.
Contrary to most of the reviews here, I have had great experience following Harry Dent's advise. He has always been 'bang on the money' when I have been looking to make crucial investment decisions, and I am a regular reader of his forecasts and predictions. Our economic future does not look prosperous, so I will take all the help I can get at this time.
Dent may be wrong here and there. I would like to see someone argue against his predictions on the effect of Baby Boomers heading toward retirements. Is he right in this prediction? Also the lying by the Govt about the real rate of unemployment is scary to me. Science and the cloud are important.
I will bet Mr Dent $1000 that gold never touches $700 this year. Where is his ante?
Harry S. Dent is nothing more than a snake oil salesman. In the 1990's, he aligned himself with the Mutual Fund companies and made money selling books about the Dow hitting 30,000 in 2009. LOL! He couldn't have been more wrong! Then, when everyone realized he was a complete fraud, Dent reinvented himself as a perma-bear. I guess he figured that you're questioned less when you're a skeptic, as opposed to an optimist. So now he still makes his money selling books, except now there's a crash coming every quarter. Dent is despicable human being.
Now that people are bashing Harry it could be the ultimate contrarian, now it could happen. I read his stuff and wrote down dates when it was all going to happen, but the opposite happened Dow 15700 . The bears bashed this rally all the way up , the whole system was going to collapse and as a result I missed a huge opportunity in 2007 . The demographics could be all BS , with all the emigrants the US population will continue to grow. Lesson learned make your own decisions.