Dick Stoken
Template:Short description Template:Use mdy dates Dick Stoken is an American businessman and author.
Career
A 1958 M.B.A. graduate of the University of Chicago's business school,<ref name="Steady">Template:Cite news</ref> Stoken has been a member of the Chicago Mercantile Exchange since 1959<ref name="Steady"/> and the Chicago Board of Trade since 1971.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> 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.<ref>Technical Analysis of Stocks & Commodities Magazine Template:Webarchive</ref>
In the 1960s, Stoken wrote for the Commodity Research Bureau's Year Book on the futures prices of commodities including pork bellies, soybeans, eggs, live cattle and cocoa.<ref name="Steady"/> 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".<ref name="Lawless">Template:Cite news</ref> 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.<ref name="Wylie">Template:Cite news</ref><ref name="Mitchell">Template:Cite news</ref> 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,<ref name="Gilliam">Template:Cite news</ref> and his observation that "as hard times set in, women tend to dress more conservatively."<ref name="Hemlines">Template:Cite news</ref>
Stoken's second book, Strategic Investment Timing (1984), was also reported by one investment writer to be the best investment book of the year.<ref name="Lawless2">Template:Cite news</ref> It "explained four fundamental indicators that measure the key forces at work in the economy".<ref name="Lawless2"/> 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."<ref name="Gross">Template:Cite news</ref>
Published works
- Cycles - What They Are, What They Mean, How to Profit From Them (1978)<ref name="Lawless"/><ref name="Wylie"/><ref name="Mitchell"/>
- Strategic Investment Timing (1984)<ref name="Lawless2"/><ref name="Gross"/>
- The Great Cycle (1993)
- The Great Game of Politics (2004)<ref name="Buck">Template:Cite news</ref>
- Survival of the Fittest for Investors (2011)