When the Past Tells the Future

I became a Jim O’Shaughnessy fan many years ago, when reading his first book, “What Works on Wall Street.” I liked him more when sharing lunch with him before he spoke at a national NAPFA conference. I now admire him even more because of his latest book, “Predicting the Markets of Tomorrow: A Contrarian Investment Strategy for the Next Twenty Years.”

In it, his fourth, he says his research into data all the way back to the 1790s shows equity markets tend to move in cycles of 20 or so years. Then, he discusses strategies likely to shine in the present trend.

Cara Scatizzi has an excellent review of Jim’s new title at AAII.com. It and his others are offered by online bookstores, including Amazon.