(1998) The Roaring 2000's : Building the Wealth & Lifestyle You Desire in the Greatest Boom in History, By Harry S. Dent, Jr. (ISBN: 0684838184 / 0-684-83818-4)

Book Description: Simon & Schuster, New York, New York, U.S.A., 1998. First Edition Thus, number line on copyright page reads (30 29 28 27 26 25 24 23 22 21). Pumpkin Hard Cover Boards, Brown Cloth Spine With Gold Text. 318 pages and about the author page, 6.375" x 9.5" tall, 1" thick. New copy. Never read. Not price clipped. Beautiful copy of book and dust jacket. COLLECTOR'S COPY.

Book Condition: Brand New.

Dust Jacket Condition: Brand New. NON price-clipped DJ [$25.00 US].

About This Book: Discusses upcoming economic, technological, and demographic trends for the beginning of the twenty-first century.

Synopsis: One of the world's most prescient economic forecasters unveils his predictions for the beginning of 21st century--and shows readers how we can take advantage of the unprecedented opportunities that will accompany the great financial boom to come. Harry S. Dent, Jr., is president of the H.S. Dent Foundation. He has consulted at the highest levels of business strategy for Fortune 100 companies and has managed several small growth businesses. He is an investment manager, publisher of the bimonthly H.S. Dent Forecast, and author of The Great Boom Ahead. He and his wife, Cee, reside in Oakland, California.

Review: The world that author Harry S. Dent Jr. presents in this book, The Roaring 2000's is one you'll want to live in: incredible interconnectivity between electronic devices, superfast jets, and computers that transmit video images, translate voice commands--everything

About The Author: Harry S. Dent, Jr. (born 1950) is an American financial newsletter writer. His latest book, The Great Depression Ahead, appeared on the New York Times Bestseller List.

What People Are Saying:

"Harry Dent is the reigning expert in applying sophisticated demographic analysis to economic forecasting. His past record of getting it right speaks for itself...given his track record, I won't be betting against him." —Robert D. McTeer, Distinguished Fellow National Center for Policy Analysis & Former President Federal Reserve Bank of Dallas

 "Harry Dent has been among our most popular, stimulating and controversial keynote speakers. Dent began predicting the huge tech stock-led run up at the largest-of-all investor conventions in 1993. Dent's fresh perspective is the clearest and most actionable application of one of the most certain factors in our economic world: demographics. Because Dent's conclusions are so refreshingly specific and stimulate long term strategic business and investment planning, I never miss his talks and predictions." —Kim and Charles Githler, Founders InterShow–The World Money Show, The Traders Expo, The Financial Advisor Symposium

Dent received his B.A. from the University of South Carolina, where he graduated #1 in his class. He earned an MBA from the Harvard Business School as a Baker Scholar.

Dent is the Founder of HS Dent Investment Management, an investment firm based in Tampa, Florida that advises the Dent Strategic Portfolio Fund mutual fund. Dent is also the president and founder of the H.S. Dent Foundation and H.S. Dent Publishing.

Dent writes an economic newsletter that reviews the economy in the US and around the world through demographic trends focusing on predictable consumer spending patterns, as well as financial markets, and has written seven books, of which two recent ones have been bestsellers:

• The Great Depression Ahead (2009)
• The Next Great Bubble Boom (2006)
• The Roaring 2000s Investor (1999)
• The Roaring 2000s (1998)
• The Great Jobs Ahead (1995)
• The Great Boom Ahead (1993)
• Our Power to Predict (1989)

The basis of Dent's research is the highly predictable nature of consumer spending based on a family's formation pattern: minimal spending as young adults, increased spending while rearing children, peaking their spending as their children leave home, and then slowing spending during the last 15 years of working life (48-63) while saving more and preparing for retirement.

In the late 1980s, Dent forecast that the Japanese economy, then the darling of the world, would soon enter a slowdown that would last more than a decade. In the early 1990s, he predicted that the DOW would reach 10k. Both of these predictions were met with much skepticism, and yet both eventually came to pass.

In Japan, Dent was using their peak of 45-50 year olds (1990–1994) as the beginning of a long slowdown. In the US, he used, and continues to use, the peak year for 48-year-olds, 2009, as the top of a long term growth pattern.

In 2000, based on his forecast that economic growth would continue throughout the 2000s, Dent predicted that the DOW would reach 40k, a prediction which was repeated in his 2004 book. In his book, he also predicted the NASDAQ would reach 13-20k. In late 2006 he revised his forecasts to much lower levels, estimating the Dow would reach 16-18k and the NASDAQ 3-4k. In January 2006, he predicted that the DOW would reach 14-15k by the end of the year. It ended 2006 at 12,463, 11% below the lower end of his prediction. It ended 2007 at 13,264, again significantly lower than Dent's revised prediction of 15,000 by early 2008. Since then, the Dow crossed 14,000 in late 2007 before retreating.

Dent popularized the baby boomer spending wave theory. According to him, after baby-boomers' children leave home, they begin paying down debt and saving for retirement, which means spending less. That means that the stock-market should peak sometime between 2007 and 2009. This is based on his observation that spending peaks at around age 50 for individuals, the average age for a family's children to leave home.

Harry Dent's Key Accomplishments Include: Financial expert Harry S. Dent, Jr. brings a very lively and common sense approach to helping financial advisors and everyday investors understand fundamental trends driving the economy. He ties the baby boom generation's massive spending, saving and debt trends along with the fast-paced information revolution, the pervasive workplace changes, and the coming population shift outside of suburbs into one simple, cohesive picture. Using research developed from years of hands-on business experience, Harry S. Dent, Jr. offers a refreshingly positive and understandable view of the economic future. As a best selling author on economics, Harry Dent is the developer of The Dent Method - an economic forecasting approach based on changes in demographic trends.

In his book The Great Boom Ahead, published in 1992, Harry Dent stood virtually alone in accurately forecasting the unanticipated "Boom" of the 1990s. Today he continues to educate audiences about his predictions for the next and possibly last great bull market, from late 2005 into early to mid 2010. Since 1992 Harry Dent has authored two consecutive best sellers The Roaring 2000s and The Roaring 2000s Investor. In his book, The Next Great Bubble Boom, Harry S.Dent Jr. offers a comprehensive forecast for the next two decades and explains how fundamental trends suggest strong growth ahead, followed by a longer-term economic contraction.

More About Harry S. Dent: Harry Dent received his MBA from Harvard Business School, where he was a Baker Scholar and was elected to the Century Club for leadership excellence. Since 1988 he has been speaking to executives, financial advisors and investors around the world. Harry S. Dent has appeared on Good Morning America, PBS, CNBC, CNN/FN, and has been featured in Barron's, Investor's Business Daily, Entrepreneur, Fortune, Success, US News and World Report, Business Week, The Wall Street Journal, American Demographics and Omni.

While at Bain & Company Harry Dent worked as a consultant with several Fortune 100 companies. He has also been CEO of several entrepreneurial growth companies and an investor in new ventures. A frequent speaker on economic trends, Harry S. Dent educates clients and partners on The Dent Method and provides strategic vision for asset allocation and investment selection.

Criticism: Dent makes heavy use of charts, cycles, and trends, apart from his demographic theories in predicting short and intermediate term economic and stock cycles. His work is based primarily on the assumption that most long term stock market performance can be explained by long-term trends and charts from the past. His critics question the assumption that clues to all major stock market events can be found in the relatively short history of well functioning stock markets in the world. His work has been criticized also for heavy use of data dredging- where it is easy to find patterns in past data and assign predictive powers to them when many such patterns occur in every data collection purely by chance. Dent has been criticized also by many economists for being downright wrong in several of his predictions. In fact, www.maxfunds.com, a financial reporting site awarded him the The "Ultimate Charlatan" Award. They write: "The worst investing advice usually arrives near the top and bottom of stock market cycles. Demographic trends guru Harry S. Dent is making the rounds again, and touting his latest book, The Great Depression Ahead: How to Prosper in the Crash Following the Greatest Boom in History ...." In his 2006 work, Dent predicted, “The Dow hitting 40,000 by the end of the decade, the NASDAQ['s] advancing at least ten times from its October 2001 lows to around 13,500, and potentially as high as 20,000 by 2009 … The Great Boom['s] resurging into its final and strongest stage in 2007, and even more fully in 2008, lasting until late 2009 to early 2010.” Of course, those who read The Roaring 2000s, Dent's 1999 masterpiece, should soon be buying each of us a turkey with all the fixin's. According to the book, only a year remains before the Dow breaks 40,000 and the Nasdaq hits 20,000, at which time we'll simply amplify our fortunes by shorting stocks in the coming depression. We can’t underestimate how big this final move up will be before the depression kicks in, since The Dow and Nasdaq are currently quite a bit lower than they were back in 1999 when The Roaring 2000s was published."