Investing in U.S. Financial History

Those who do not learn from financial history are doomed to repeat it. Most investors rely only on their life experience to make investment decisions. This causes them to overlook cyclical forces that repeatedly shape financial markets. Investing in U.S. Financial History fills this void by providing investors with a comprehensive financial history of the United States of America. It begins with Alexander Hamilton’s financial programs in 1790 and ends with the Federal Reserve’s battle with inflation in 2023. Guided by Mark Higgins, an experienced investment advisor and financial historian, the book will help • Understand key drivers of financial crises and the principles for managing them.

• Recognize warning signs of speculative manias that lead to asset bubbles.

• Understand why few investors outperform market indices and why index funds work best for nearly all individuals and institutions.

• Identify the challenges that threaten U.S. economic prosperity in the twenty-first century. Investing in U.S. Financial History reveals that there is virtually no financial event that is unprecedented. By understanding the fundamental drivers of common financial events, you will be able to grasp key investment principles, avoid common pitfalls, and resist the temptation to panic amid market volatility.