Investing in U.S. Financial History: Understanding the Past to Forecast the Future

Licensed by Smithsonian-affiliated Museum of American Finance for the "Investing in U.S. Financial History" Exhibit in Boston, MA Best Book in "Finance" at the 2024 NYC Big Book Awards 2024 Axiom Book Awards Bronze Medalist in "Personal Finance/Retirement Planning/Investing"
Named a "Voice of Influence" by the CFA Institute's Research and Policy Center and serving as a Guest Curator at the Smithsonian-affiliated Museum of American Finance, author Mark J. Higgins combines the perspectives of an investment practitioner and financial historian to demonstrate why knowledge of the past remains one of the most underrated decision tools.
Higgins argues that by relying too heavily on recent events and personal experience, investors often overlook the historical patterns and cyclical forces that repeatedly reshape economies and markets. Investing in U.S. Financial History helps bridge this gap by tracing the financial history of the United States from Alexander Hamilton's financial programs in 1790 to the Federal Reserve's battle against inflation in 2023.
This book will help you:
Understand the forces that drive financial crises and the principles for managing them.
Recognize the warning signs of speculative manias and asset bubbles.
Understand the history of U.S. central banking and the recurring nature of monetary policy errors.
Identify several challenges that are likely to shape America's economic future in the twenty-first century.
Investing in U.S. Financial History demonstrates that almost no financial event is truly unprecedented. By understanding the recurring mechanisms behind major economic events, readers can develop enduring investment principles, potentially avoid common mistakes, and remain disciplined during periods that appear unlike anything that has come before. Read more