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Investment Strategy in an Uncertain World

List Price: $14.99
Sale Price: $12.75

Harry Browne's Special Reports opened for business by publishing its first newsletter issue on December 24, 1974.

By the end of the 1970s Harry had come to the conclusion that forecasts were pretty useless.

He said, "If the world is running out of trees, it is because so many people have used so much paper to write so many words about so many inevitable events that never came to pass."

In March 1980, he wrote "Forecasting vs. Strategy," in which he said that profits come from a good strategy, rather than accurate forecasts. And as the decades progressed he became progressively more anti-prediction. And he published many full-length articles explaining why it's impossible to predict human action - no matter how simple it may seem.

This book contains 16 of those articles that discuss Harry's investment strategy. They contain perceptive explanations that debunk so much of what passes for investment wisdom - plus intelligent comments about life. Most of all, the main thrust of the articles is a step-by-step analysis of how you can deal with an uncertain world - without preconceptions or dogma.

These articles will remind you of something you learned a long time ago - that the future is unknowable. They will also reassure you that you don't have to rely on fortune tellers to deal successfully with any part of you life -- including your investments. And they're written in Harry's patented easy-to-follow style, sprinkled with his good humor.

Although these articles were written in the 1980s and 1990s, they contain ideas that are timeless -- ideas that can help you today to separate sound investment advice from slogans masquerading as insight.

I hope you enjoy the book.

Best wishes,
Pamela Wolfe Browne



"Everything Browne writes merits the closest attention, and in this, his self-proclaimed last book on investing, he here presents a sort of summa of the common-sense wisdom he has garnered from thirty years of watching the rise and fall of markets - and he does so with his customary directness, clarity, and humility. He remains in a class by himself, and many of us will always be in his debt for the uncommon ideas he has expressed so ably. And above all for his own example - for the standard he has set."

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