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...Crisis Investing, Casey...

Author: /time Magazine | Title: FICTION: Best Sellers | 10/13/1980 | See Source »

...Casey also believes that the stocks of small natural-resource companies are good for short-term speculation. He has a dim view of the current craze for buying such collectibles as artworks or beer cans. But he makes two exceptions: custom-made knives and antique Greek, Roman and medieval coins. Casey happens to collect both of these himself. He inveighs against investing in U.S. real estate, arguing that the market has already peaked. He advises people to rent, rather than buy, housing. One of Casey's most urgent suggestions: get your money out of the U.S. and into...

Author: /time Magazine | Title: Business: Selling Gloom and Doom | 10/6/1980 | See Source »

...Douglas Casey is a self-described millionaire who claims RALPH MORSE he made his money by investing primarily in gold, oil and natural-resources stocks. He has also worked in Washington as an independent insurance agent and a stockbroker. He says the inspiration for the book came from "those nincompoops who masquerade as economists and obfuscate economics by making it unintelligible...

Author: /time Magazine | Title: Business: Selling Gloom and Doom | 10/6/1980 | See Source »

...often silly and sophomoric, its promotion has been shrewd. With an advertising budget of more than $600,000, the book has been ballyhooed in a barrage of full-page newspaper ads, some of which proclaim in big headlines: "Why You Will Probably Lose Everything in the Coming Depression." Casey is embarking on a lecture tour and starting a $ 145-a-year investment newsletter based on the book. On the way to the economic apocalypse, he will most likely make a bundle...

Author: /time Magazine | Title: Business: Selling Gloom and Doom | 10/6/1980 | See Source »

...Crisis Investing, Casey (1) 2. Shelley, Winters (2) 3. Number 1, Martin & Golenbock (3) 4. Catch Me If You Can, Abagnale with Redding 5. Free to Choose, Milton & Rose Friedman (4) 6. Nothing Down, Allen (5) 7. The Sky's the Limit, Dyer 8. Craig Claiborne's Gourmet Diet, Claiborne with Franey (9) 9. How You Can Become Financially Independent by Investing in Real Estate, Lowry (7) 10. Ingrid Bergman: My Story, Bergman & Burgess

Author: /time Magazine | Title: FICTION: Best Sellers | 10/6/1980 | See Source »

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