James K. Glassman

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James K. Glassman.Photo courtesy of American Enterprise Institute.
James K. Glassman.
Photo courtesy of American Enterprise Institute.

James K. Glassman (born January 1, 1947 in Washington, D.C.) is an American libertarian conservative editorialist, journalist and author. He is well-known for co-writing the book Dow 36,000 in 1999, which predicted that the stock market was greatly undervalued and would keep rising. He is currently a resident fellow at the American Enterprise Institute, editor in chief and executive publisher of The American, a columnist at Townhall.com, and a columnist for Scripps Howard News Service. As a syndicated columnist, Glassman's articles have appeared in newspapers around the world, including the Los Angeles Times, The New York Times, The Wall Street Journal, The Washington Post, Forbes, The Atlantic Monthly, Reader's Digest, and The Times Literary Supplement (London). On December 11, 2007 Glassman was nominated by President George W. Bush to replace Karen Hughes as the Undersecretary of State for Public Diplomacy.[1]

Glassman is known for his market analyses and commentary on economics and equities investing. He is a long-term optimist and is quick to point out positive developments, which is clearly typified in his book Dow 36,000. In this book, published near the peak of the late 1990s stock market bubble, Glassman declared that the Dow Jones Industrial Average was undervalued and would rise to 36,000. In its introduction, Glassman and his co-author wrote that the book "will convince you of the single most important fact about stocks at the dawn of the twenty-first century: They are cheap....If you are worried about missing the market's big move upward, you will discover that it is not too late. Stocks are now in the midst of a one-time-only rise to much higher ground–to the neighborhood of 36,000 on the Dow Jones industrial average."[1] At the time the book was released (October 1, 1999) the average stood at 10,273. During the next three years the index declined by over 30%, bottoming at under 7,200 in the fall of 2002.[2]

Although considered to be a conservative by many, Glassman introduced himself as a libertarian while guest hosting the The Rush Limbaugh Show on July 20, 1999.

Having lived in New York City, Falls Village, Connecticut, and Washington, D.C., Glassman commutes often between these three locations.

Contents

[edit] Education

Glassman attended private Quaker school, Sidwell Friends School, in Washington, DC, and graduated cum laude from Harvard College with a B.A. in government in 1969.

[edit] Journalism

[edit] Other positions

[edit] Books

  • Dow 36,000 (co-author)
  • The Secret Code of the Superior Investor

[edit] Awards and honors

[edit] References

  1. ^ Nominations and Withdrawals Sent to the Senate
  2. ^ NOMINATIONS CONFIRMED (CIVILIAN). United States Senate website (2007-06-05). Retrieved on 2007-07-10. “James K. Glassman, of Connecticut, to be Chairman of the Broadcasting Board of Governors.”

[edit] External links

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