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James K. Glassman

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said about him: "James K. Glassman, as they say in Washington, gets it. The under secretary of state for public diplomacy has been on the job for only six months, but he has already scored small successes in the U.S. effort to win over 'hearts and minds' in the Muslim world, a hard sell if ever there
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Presently, he is chairman of Glassman Enterprises, LLC, a Washington, D.C.-based public affairs consulting firm whose clients include several Fortune 100 companies in fields including health care and energy. In 2003, the Washington Monthly credited Glassman with inventing "journo-lobbying" by writing
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John C. Bogle, then senior chairman of The Vanguard Group, however, said in a blurb for the book "While there will be bumps--maybe big ones--along the way and the road may be surprisingly long, Dow 36,000 offers superb advice. With an eminently readable style, the authors present sound and simple
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On September 3, 2009, Glassman was named founding executive director of the George W. Bush Institute, a public policy institute dedicated to research and action in education, global health, human freedom, and economic growth. The Institute is part of the George W. Bush Presidential Center, which
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And from David Malpass, now president of the World Bank: "Glassman and Hassett's ideas are timely and thought-provoking. Either we are in a bubble with inefficient financial markets, or else past theories on stock prices and price-earnings multiples have to be revised. In every one of my meetings
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will prove to have been a positive decision, saying that it will be ultimately "beneficial to the war of ideas in the sense that a functioning democracy that we hope will be stable and prosperous now exists in the Middle East, and is showing other nations and other people what a democracy looks
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He is (2020) chairman of the non-profit Strategic Health Diplomacy, which educates Americans on the importance of global health programs, and a board member of Making Every Vote Count, a non-partisan organization which is dedicated to the election of the president by popular vote.
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At the heart of Glassman's "secret code" is the belief that stocks are the best long-term bet there is. The trick is finding solid companies to invest in and then sticking with those companies through thick and thin. Glassman wrote a weekly and twice-weekly investment column for
613:, he argued that "the world has changed" over the past decade; that the U.S. relative economic position had declined and that the risk of catastrophic events had increased. He warned investors to adopt a new definition of risk, moving beyond the notion of financial volatility. 640:, was published by Three Rivers Press in December 2002. The book focused on the construction of a solid personal portfolio. It offered advice for finding the best individual stocks and mutual funds even in uncertain times and volatile markets. 389:
as the undersecretary of state for public diplomacy and public affairs. He served in the position from June 2008 to January 2009, leading the governmentwide international strategic communications effort. Among his accomplishments at the
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was unfit to serve another term, and "To that end, we are firmly convinced that it is in the best interest of our nation that Vice President Joe Biden be elected as the next President of the United States, and we will vote for him."
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with a B.A. in government in 1969. He is married to Beth Ourisman Glassman and has two children, two stepchildren, three grandchildren and two step-grandchildren. His daughter, Kate Bennett, is a White House reporter for
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described the book as "charlatanic" and suggested on empirical grounds that the authors had failed to notice that at the time of writing stock prices were "as overvalued as at literally any time in American history".
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In 2016, he left Public Affairs Engagement and started his own firm, Glassman Enterprises, LLC, based in Washington, D.C., with an array of clients that include pharmaceutical firms, manufacturers and non-profits.
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a large number of seemingly independent opinion columns that aligned closely with the interests of his lobbying clients; his output included columns that questioned the science behind climate change.
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was bringing new Internet technology to bear on outreach to foreign publics, an approach he christened "Public Diplomacy 2.0". In an interview in 2009, he put forward a case that in the long run the
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that while he had underestimated the level of volatility in world events, he believed that reaching 'Dow 36,000' was still possible within less than a decade with the right policies.
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Glassman has also worked as a journalist, magazine publisher, and business writer, and in the field of economic policy development. He is perhaps best known for co-writing the book
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with mutual funds these days, I have to address the issue of whether stocks are overvalued. Glassman and Hassett's theories make the solid case that, on average, they are not."
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would approximately triple in value to 36,000 points by early 2005. On November 1, 2021, the Dow first crossed 36,000, more than twenty years after his book was published.
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Additionally, Glassman served as one of 21 members of the Investor Advisory Committee of the Securities and Exchange Commission, established in April 2012 as part of the
862: 577:, who asked, "You don't feel the need to apologize to someone who read your book, went in and got creamed?" Glassman replied, "Absolutely not". Nobel laureate 165:, a public policy development institution focused on creating independent, nonpartisan solutions to America's most pressing public policy problems through the 513: 166: 1038: 1386: 702: 1366: 609:
went up only 20 percent since publication of the book and returns during the intervening years were only "a few piddling percentage points." In
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In 2020, Glassman, along with over 130 other former Republican national security officials, signed a statement that asserted that
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argued on his faculty website that the book contained basic arithmetic errors and was "very silly". Economist and blogger
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He continued to serve as a governor of the BBG, representing the secretary of state, during his time as under secretary.
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https://web.archive.org/web/20130125234911/http://www.fivethirtyeight.com/2009/03/dow-36000-guy-accuses-obama-of.html
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In 2013, Glassman became president of the public affairs firm Public Affairs Engagement, based in Roslyn, Virginia.
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In 2003 Glassman served on the U.S. government's Advisory Board on Public Diplomacy in the Arab and Muslim World.
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also includes a presidential library and museum on the campus of Southern Methodist University in Dallas, Texas.
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wisdom about investment principles, mutual fund selection, index funds, and asset allocation. I am impressed!"
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Washington Monthly. 2003. "Meet the Press: How James Glassman reinvented journalism — as lobbying."
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He is a frequent commentator on business and investing issues. His work has been published in the
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in Washington, D.C. While there, from 2005 to 2007, he founded and served as editor in chief of
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The Secret Code of the Superior Investor: How to Be a Long-Term Winner in a Short-Term World
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The Secret Code of the Superior Investor: How to Be a Long-Term Winner in a Short-Term World
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Dow 36,000: The New Strategy for Profiting from the Coming Rise in the Stock Market
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was one... Glassman has finally figured out how to sell the American idea abroad."
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Safety Net: The Strategy for De-Risking Your Investments in a Time of Turbulence
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in Washington, D.C. He taught a course on public diplomacy to undergraduates.
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In March 2013, he reverted to his former position, stating in an article for
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Silver, Nate, "Dow 36,000 Guy Accuses Obama of Sabotaging Economy",
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https://washingtonmonthly.com/magazine/december-2003/meet-the-press/
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from 1993 to 2004 and since then has written a monthly column for
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In 1972, Glassman began a weekly newspaper in New Orleans, called
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For the 2009–10 school year, he was diplomat-in-residence at the
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in public life. The George W. Bush Institute is based within the
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Under Secretary of State for Public Diplomacy and Public Affairs
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Under Secretary of State for Public Diplomacy and Public Affairs
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The 4% Solution: Unleashing the Economic Growth America Needs
300:. He and his partner, Arthur Levitt Jr., sold the company to 253:. After graduation, he took a job as a Sunday writer for the 335:
Glassman has also worked in television. He was moderator of
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From 1987 until 1993, Glassman was part owner and editor of
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While a student at Harvard, he served as managing editor of
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On December 11, 2007, Glassman was nominated by President
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He was formerly a member of the Policy Advisory Board of
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Glassman began his career as a journalist and publisher.
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Between 1993 and 2004, he wrote a syndicated column for
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From 1996 to 2008, Glassman was a senior fellow at the
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From June 2007 to June 2008, he was chairman of the
754: 752: 750: 1002:"OUTSPOKEN: A Conversation With James K. Glassman" 690: 601:, he wrote "I was wrong" about his predictions in 196:(published 1999), in which he predicted that the 1338: 828: 826: 824: 822: 820: 818: 816: 814: 812: 747: 1052: 1025:Krugman, Paul, "Dow 36,000: How silly is it?", 973:"James K. Glassman | AMERICA ABROAD MEDIA" 1176:An Interview with Ambassador James K. Glassman 1104:"Market Record Shows How to Get to Dow 36,000" 1053:Glassman, James K.; Hassett, Kevin A. (2000). 923:. The George W. Bush Institute. Archived from 207: 1206: 1048: 1046: 809: 273:magazine. In 1981, he served as publisher of 785: 783: 781: 779: 777: 705:. Washington Speakers Bureau. Archived from 684:"George W. Bush Institute: Explore Our Work" 1213: 1199: 1148:"The Secret Code of the Superior Investor" 1043: 1027:http://web.mit.edu/krugman/www/dow36K.html 836:. George W. Bush Institute. Archived from 789: 516:, through 2018, and the advisory board of 29: 995: 993: 774: 56:June 10, 2008 â€“ January 15, 2009 1387:United States Under Secretaries of State 1145: 1077: 1367:George W. Bush administration personnel 1146:Glassman, James K. (24 December 2002). 1339: 999: 990: 790:Confessore, Nicholas (December 2003). 616:In 2012, he wrote the introduction of 507:The Times Literary Supplement (London) 1194: 13: 895:"The Man Who Sells America Abroad" 179:George W. Bush Presidential Center 14: 1403: 1169: 569:The book was later criticized by 1325: 863:"Biography of James K. Glassman" 536: 1139: 1114: 1096: 1071: 1031: 1019: 1000:Lozada, Carlos (8 March 2009). 965: 939: 913: 887: 420:School of International Service 364:Broadcasting Board of Governors 16:American journalist (born 1947) 735: 721: 676: 662: 224:. He graduated cum laude from 1: 1357:American Enterprise Institute 1152:American Enterprise Institute 655: 348:American Enterprise Institute 279:before becoming president of 183:Southern Methodist University 951:Defending Democracy Together 650:Kiplinger's Personal Finance 597:In 2011, in his third book, 330:International Herald Tribune 288:U.S. News & World Report 198:Dow Jones Industrial Average 7: 1392:Jewish American journalists 1078:Glassman, James K. (2002). 545:interview with Glassman on 208:Personal life and education 10: 1408: 1372:The Harvard Crimson people 433:and was senior adviser to 1362:American male journalists 1323: 1232: 535: 530: 328:business section and the 239: 212:Glassman was born into a 152: 135: 127: 119: 93: 88: 84: 72: 60: 49: 41: 37: 28: 21: 523: 163:George W. Bush Institute 478:The Wall Street Journal 319:), an online magazine. 291:between 1984 and 1986. 131:2 (plus 2 stepchildren) 1377:Harvard College alumni 255:Boston Herald Traveler 222:Sidwell Friends School 167:principles that guided 159:James Kenneth Glassman 762:. The Harvard Crimson 1247:Margaret D. Tutwiler 518:America Abroad Media 496:The Atlantic Monthly 435:AT&T Corporation 311:Tech Central Station 309:In 2000, he founded 282:The Atlantic Monthly 1352:American columnists 1178:at Free Market Mojo 1006:The Washington Post 760:"James K. Glassman" 672:. 15 November 2005. 646:The Washington Post 484:The Washington Post 424:American University 325:the Washington Post 259:Provincetown, Mass. 250:The Harvard Crimson 1317:Elizabeth M. Allen 875:on 25 October 2011 796:Washington Monthly 731:. 1 November 2021. 709:on 14 October 2013 605:, noting that the 472:The New York Times 142:Harvard University 1334: 1333: 1267:Kathleen Stephens 1257:James K. Glassman 899:Newsweek Magazine 636:His second book, 558: 557: 549:, October 3, 1999 466:Los Angeles Times 431:Intel Corporation 372:Radio Free Europe 270:The Washingtonian 181:on the campus of 156: 155: 23:James K. Glassman 1399: 1329: 1305:Ulrich Brechbuhl 1237:Evelyn Lieberman 1215: 1208: 1201: 1192: 1191: 1163: 1162: 1160: 1158: 1143: 1137: 1136: 1134: 1133: 1124:. Archived from 1118: 1112: 1111: 1100: 1094: 1093: 1075: 1069: 1068: 1050: 1041: 1035: 1029: 1023: 1017: 1016: 1014: 1012: 997: 988: 987: 985: 984: 975:. Archived from 969: 963: 962: 960: 958: 953:. 20 August 2020 943: 937: 936: 934: 932: 917: 911: 910: 908: 906: 901:. 2 January 2009 891: 885: 884: 882: 880: 874: 867: 859: 850: 849: 847: 845: 834:"Our Leadership" 830: 807: 806: 804: 802: 792:"Meet the Press" 787: 772: 771: 769: 767: 756: 745: 739: 733: 732: 725: 719: 718: 716: 714: 703:"James Glassman" 699: 688: 687: 680: 674: 673: 666: 560:His first book, 540: 539: 528: 527: 392:State Department 368:Voice of America 276:The New Republic 235:Washington, D.C. 107: 103: 101: 89:Personal details 75: 63: 54: 33: 19: 18: 1407: 1406: 1402: 1401: 1400: 1398: 1397: 1396: 1337: 1336: 1335: 1330: 1321: 1288:Steve Goldstein 1277:Richard Stengel 1272:Tara Sonenshine 1242:Charlotte Beers 1228: 1219: 1172: 1167: 1166: 1156: 1154: 1144: 1140: 1131: 1129: 1120: 1119: 1115: 1102: 1101: 1097: 1090: 1076: 1072: 1065: 1051: 1044: 1036: 1032: 1024: 1020: 1010: 1008: 998: 991: 982: 980: 971: 970: 966: 956: 954: 945: 944: 940: 930: 928: 927:on 2 April 2012 919: 918: 914: 904: 902: 893: 892: 888: 878: 876: 872: 865: 861: 860: 853: 843: 841: 832: 831: 810: 800: 798: 788: 775: 765: 763: 758: 757: 748: 740: 736: 727: 726: 722: 712: 710: 701: 700: 691: 682: 681: 677: 668: 667: 663: 658: 571:Washington Post 537: 531:External videos 526: 502:Reader's Digest 453:President Trump 376:Radio Free Asia 242: 226:Harvard College 218:Washington, D.C 210: 108: 105: 99: 97: 73: 61: 55: 50: 24: 17: 12: 11: 5: 1405: 1395: 1394: 1389: 1384: 1379: 1374: 1369: 1364: 1359: 1354: 1349: 1332: 1331: 1324: 1322: 1320: 1319: 1314: 1308: 1302: 1299:Michelle Giuda 1296: 1293:Heather Nauert 1290: 1285: 1279: 1274: 1269: 1264: 1259: 1254: 1249: 1244: 1239: 1233: 1230: 1229: 1218: 1217: 1210: 1203: 1195: 1189: 1188: 1179: 1171: 1170:External links 1168: 1165: 1164: 1138: 1113: 1095: 1088: 1070: 1063: 1042: 1030: 1018: 989: 964: 938: 912: 886: 851: 808: 773: 746: 734: 720: 689: 675: 660: 659: 657: 654: 627:Bloomberg L.P. 556: 555: 533: 532: 525: 522: 514:Dodd–Frank law 383:George W. Bush 241: 238: 233:. He lives in 209: 206: 171:George W. Bush 154: 153: 150: 149: 139: 133: 132: 129: 125: 124: 121: 117: 116: 110:Washington, DC 104:1 January 1947 95: 91: 90: 86: 85: 82: 81: 76: 70: 69: 64: 58: 57: 47: 46: 39: 38: 35: 34: 26: 25: 22: 15: 9: 6: 4: 3: 2: 1404: 1393: 1390: 1388: 1385: 1383: 1382:Living people 1380: 1378: 1375: 1373: 1370: 1368: 1365: 1363: 1360: 1358: 1355: 1353: 1350: 1348: 1345: 1344: 1342: 1328: 1318: 1315: 1312: 1311:Nilda Pedrosa 1309: 1306: 1303: 1300: 1297: 1294: 1291: 1289: 1286: 1283: 1282:Bruce Wharton 1280: 1278: 1275: 1273: 1270: 1268: 1265: 1263: 1262:Judith McHale 1260: 1258: 1255: 1253: 1250: 1248: 1245: 1243: 1240: 1238: 1235: 1234: 1231: 1227: 1226:United States 1223: 1216: 1211: 1209: 1204: 1202: 1197: 1196: 1193: 1187: 1183: 1180: 1177: 1174: 1173: 1153: 1149: 1142: 1128:on 2013-03-08 1127: 1123: 1117: 1109: 1105: 1099: 1091: 1085: 1081: 1074: 1066: 1060: 1056: 1049: 1047: 1040: 1034: 1028: 1022: 1007: 1003: 996: 994: 979:on 2014-07-16 978: 974: 968: 952: 948: 942: 926: 922: 916: 900: 896: 890: 871: 864: 858: 856: 840:on 5 May 2012 839: 835: 829: 827: 825: 823: 821: 819: 817: 815: 813: 797: 793: 786: 784: 782: 780: 778: 761: 755: 753: 751: 744: 738: 730: 724: 708: 704: 698: 696: 694: 685: 679: 671: 665: 661: 653: 651: 647: 641: 639: 634: 632: 628: 623: 621: 620: 614: 612: 608: 604: 600: 595: 591: 587: 584: 580: 576: 575:Carlos Lozada 572: 567: 565: 564: 554: 550: 548: 544: 534: 529: 521: 519: 515: 510: 508: 504: 503: 498: 497: 492: 491: 486: 485: 480: 479: 474: 473: 468: 467: 461: 457: 454: 449: 445: 442: 440: 436: 432: 427: 425: 421: 416: 412: 409: 406: 405: 400: 397: 393: 388: 384: 379: 377: 373: 369: 365: 360: 357: 355: 354: 349: 344: 342: 338: 333: 331: 327: 326: 320: 318: 317: 312: 307: 305: 304: 303:The Economist 299: 298: 292: 290: 289: 284: 283: 278: 277: 272: 271: 266: 261: 260: 256: 252: 251: 245: 237: 236: 232: 227: 223: 219: 215: 205: 201: 199: 195: 190: 188: 184: 180: 176: 173:and his wife 172: 168: 164: 160: 151: 147: 143: 140: 138: 134: 130: 126: 123:Beth Ourisman 122: 118: 115: 114:United States 111: 106:(age 77) 96: 92: 87: 83: 80: 79:Judith McHale 77: 71: 68: 65: 59: 53: 48: 45: 40: 36: 32: 27: 20: 1256: 1252:Karen Hughes 1155:. 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Index


Under Secretary of State for Public Diplomacy and Public Affairs
Karen Hughes
Judith McHale
Washington, DC
United States
Alma mater
Harvard University
BA
George W. Bush Institute
principles that guided
George W. Bush
Laura
George W. Bush Presidential Center
Southern Methodist University
Dallas
Dow 36,000
Dow Jones Industrial Average
Jewish
Washington, D.C
Sidwell Friends School
Harvard College
CNN
Washington, D.C.
The Harvard Crimson
Provincetown, Mass.
The Washingtonian
The New Republic
The Atlantic Monthly
U.S. News & World Report

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