Dick Stoken

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Dick Stoken is an American businessman and author.

Career

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]

University of Chicago Private research university in Chicago, Illinois, United States

The University of Chicago is a private research university in Chicago, Illinois. Founded in 1890, the school is located on a 217-acre campus in Chicago's Hyde Park neighborhood, near Lake Michigan. The University of Chicago holds top-ten positions in various national and international rankings.

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The University of Chicago Booth School of Business is the graduate business school of the University of Chicago in Chicago, Illinois. The University of Chicago, including Booth faculty, has produced more Nobel laureates in the Economic Sciences (28) than any other school. Formerly known as The University of Chicago Graduate School of Business, Chicago Booth is the second-oldest business school in the U.S., and the first such school to offer an Executive MBA program. The school was renamed in 2008 following a $300 million endowment gift to the school by alumnus David G. Booth. The school has the third-largest endowment of any business school.

Chicago Mercantile Exchange Financial and commodity derivative exchange located in Chicago, Illinois, United States

The Chicago Mercantile Exchange (CME) is a global derivatives marketplace based in Chicago and located at 20 S. Wacker Drive. The CME was founded in 1898 as the Chicago Butter and Egg Board, an agricultural commodities exchange. Originally, the exchange was a non-profit organization. The Merc demutualized in November 2000, went public in December 2002, and merged with the Chicago Board of Trade in July 2007 to become a designated contract market of the CME Group Inc., which operates both markets. The Chairman and Chief Executive Officer of CME Group is Terrence A. Duffy, Bryan Durkin is President. On August 18, 2008, shareholders approved a merger with the New York Mercantile Exchange (NYMEX) and COMEX. CME, CBOT, NYMEX and, COMEX are now markets owned by CME Group.

Contents

Bibliography

The Great Game of Politics: Why We Elect, Whom We Elect is a 2004 political science book by Dick Stoken that discusses the history and details of the Presidency of the United States from George Washington to George W. Bush.

Survival of the Fittest for Investors is a 2011 finance book by Dick Stoken about how the theories of Darwinism and survival of the fittest can be applied to an investor's portfolio. The full title of the book is Survival of the Fittest for Investors: Using Darwin's Laws of Evolution to Build a Winning Portfolio.

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References

  1. 1 2 3 "Commodity Trader Suggests Sticking With Steady Job". The Cincinnati Enquirer. Cincinnati, Ohio. September 26, 1966. p. 49. Retrieved January 22, 2019.
  2. ↑ "Global Investor Bookshop". Archived from the original on May 26, 2011. Retrieved March 6, 2008.
  3. ↑ Technical Analysis of Stocks & Commodities Magazine Archived May 16, 2008, at the Wayback Machine
  4. 1 2 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.
  5. 1 2 Wylie, William H. (September 21, 1979). "Depression? This Prophet Sees One". The Pittsburgh Press. Pittsburgh, Pennsylvania. p. 27. Retrieved January 22, 2019.
  6. 1 2 Mitchell, Walter (November 10, 1980). "Mitchell's Market". Edmonton Journal. Edmonton, Alberta, Canada. p. C19. Retrieved January 22, 2019.
  7. ↑ 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.
  8. ↑ "Etcetera: Hemlines down? So is economy". The Miami News. Miami, Florida. January 24, 1980. p. 1. Retrieved January 22, 2019.
  9. 1 2 3 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.
  10. 1 2 Gross, Harry S. (March 13, 1987). "A Sure-Fire Strategy On Wall St.?". Philadelphia Daily News. Philadelphia, Pennsylvania. p. 40. Retrieved January 22, 2019.
  11. ↑ Buck, William E. "Bill" (August 2, 2010). "The games of people with different opinions". The Times. Shreveport, Louisiana. p. 6. Retrieved January 22, 2019.


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