Dick Stoken
Dick Stoken is an American businessman and author.
Career
[edit]A 1958 M.B.A. graduate of the University of Chicago's business school,[1] Stoken has been a member of the Chicago Mercantile Exchange since 1959[1] and the Chicago Board of Trade since 1971.[2] He is also a founding partner in broker Lind-Waldock and is head of Strategic Capital Management, a commodity trading advisor firm that manages commodity pools and hedge funds.[3]
In the 1960s, Stoken wrote for the Commodity Research Bureau's Year Book on the futures prices of commodities including porkbellies, soybeans, eggs, live cattle and cocoa.[1] His first book, Cycles - What They Are, What They Mean, How to Profit From Them, was published in 1978 after eight years of research, and showed "how you can plan your stock or commodity strategies based on long and short term cycles".[4] His analysis of long-term economic cycles, particularly that at the time of writing, the world was at the late stage of an expansionary phase, and was poised for a depressionary phase, was much commented on for several years following publication.[5][6] An article by Stoken in the February 1980 issue of Futurist magazine which predicted another major depression was also quoted in mainstream media, particularly the analogy between the "roaring 20s" before the crash of the 1930s, and the affluent, rebellious 1960s and 1970s,[7] and his observation that "as hard times set in, women tend to dress more conservatively."[8]
Stoken's second book, Strategic Investment Timing, was also reported by one investment writer to be the best investment book of the year.[9] It "explained four fundamental indicators that measure the key forces at work in the economy".[9] Another, writing two years later, outlined Stoken's signals to buy and sell on the stock market, and concluded "many investors are glad they bought ... when Stocken [sic] was saying to hold."[10]
Bibliography
[edit]- Cycles - What They Are, What They Mean, How to Profit From Them (1978)[4][5][6]
- Strategic Investment Timing (1984)[9][10]
- The Great Cycle (1993)
- The Great Game of Politics (2004)[11]
- Survival of the Fittest for Investors (2011)
References
[edit]- ^ a b c "Commodity Trader Suggests Sticking With Steady Job". The Cincinnati Enquirer. Cincinnati, Ohio. September 26, 1966. p. 49. Retrieved January 22, 2019.
- ^ "Global Investor Bookshop". Archived from the original on May 26, 2011. Retrieved March 6, 2008.
- ^ Technical Analysis of Stocks & Commodities Magazine Archived May 16, 2008, at the Wayback Machine
- ^ a b Lawless, James (September 17, 1978). "Investors' Memo - Best Investment .... Book of the Year Award". The Des Moines Register. Des Moines, Iowa. p. 3F. Retrieved January 22, 2019.
- ^ a b Wylie, William H. (September 21, 1979). "Depression? This Prophet Sees One". The Pittsburgh Press. Pittsburgh, Pennsylvania. p. 27. Retrieved January 22, 2019.
- ^ a b Mitchell, Walter (November 10, 1980). "Mitchell's Market". Edmonton Journal. Edmonton, Alberta, Canada. p. C19. Retrieved January 22, 2019.
- ^ Gilliam, Harold (March 2, 1980). "Take a Deep Breath and Hang on Tight?". The San Francisco Sunday Examiner & Chronicle. San Francisco, California. p. 36. Retrieved January 22, 2019.
- ^ "Etcetera: Hemlines down? So is economy". The Miami News. Miami, Florida. January 24, 1980. p. 1. Retrieved January 22, 2019.
- ^ a b c Lawless, James (November 18, 1984). "Investors' Memo - Best Investment .... Book of the Year Award". The Des Moines Register. Des Moines, Iowa. p. 4F. Retrieved January 22, 2019.
- ^ a b Gross, Harry S. (March 13, 1987). "A Sure-Fire Strategy On Wall St.?". Philadelphia Daily News. Philadelphia, Pennsylvania. p. 40. Retrieved January 22, 2019.
- ^ Buck, William E. "Bill" (August 2, 2010). "The games of people with different opinions". The Times. Shreveport, Louisiana. p. 6. Retrieved January 22, 2019.
External links
[edit]- Krautkramer, Wayne (July 29, 2004). "You're Trapped in a Box Canyon Stupid!". Safe Haven. Archived from the original on October 15, 2008.
- Dick Stoken's profile on Strategic Investments[permanent dead link]