General Investing >> Money Manager Interviews >> June 29, 2009
A. GARY SHILLING is President of A. Gary Shilling & Co., Inc., economic
consultants and investment advisors, and publisher of INSIGHT, a monthly report
of economic forecasts and investment strategy. He has also been a Forbes
magazine columnist since 1983 and writes the "Financial Strategy" column. He
graduated from Amherst College with an AB in Physics, magna cum laude, Phi Beta
Kappa, and earned his MA and PhD in Economics at Stanford University. While on
the West Coast, he served on the staffs of the Federal Reserve Bank of San
Francisco and the Bank of America. Before establishing his own firm in 1978, Dr.
Shilling was Senior Vice President and Chief Economist of White, Weld & Co.
Earlier he set up the Economics Department at Merrill Lynch at age 29 and served
as the firm's first Chief Economist. Prior to Merrill Lynch, he was with
Standard Oil Co. NJ (now ExxonMobil). A frequent contributor to the financial
press, he appears frequently on radio and television business shows. His fourth
book is Deflation - Why it's Coming, Whether it's Good or Bad, and How it Will
Affect Your Investments, Business, and Personal Affairs (June 1998) and its
sequel is Deflation: How to Survive and Thrive in the Coming Wave of Deflation
(McGraw Hill, July 1999). His latest book is Letting Off Steam - A Collection
of Commentaries on Matters Great and Small, Complex and Mundane, Serious and
Frivolous. Twice, Institutional Investor magazine ranked Dr. Shilling as Wall
Street's top economist and Futures magazine rated him the country's number one
commodity trading advisor. In 2003, MoneySense magazine named him the third
best stock market forecaster in the world, right behind Warren Buffett. He is on
a number of corporate and charitable boards and is an avid beekeeper. Profile
TWST: Gary, tell us what has been happening over the past year since we talked to you. In last year's interview, your forecasts seemed to happen exactly in the
order you said they would.
Dr.