James K. Glassman

Glassman was born into a Jewish family in Washington, D.C. to parents Stanley and Elaine Glassman. He attended Sidwell Friends School. He graduated cum laude from Harvard College 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 CNN. He lives in Washington, D.C. ==Career==

Glassman began his career as a journalist and publisher. While a student at Harvard, he served as managing editor of The Harvard Crimson. After graduation, he took a job as a Sunday writer for the Boston Herald Traveler. In 1971 he became editor and publisher of The Advocate of Provincetown, Mass. In 1972, Glassman began a weekly newspaper in New Orleans, called Figaro. He sold the paper in 1979 and moved back to Washington as executive editor of The Washingtonian magazine. In 1981, he served as publisher of The New Republic before becoming president of The Atlantic Monthly. Glassman has also worked in television. He was moderator of CNN's "Capital Gang Sunday" from 1995 to 1998. In 2003 Glassman served on the U.S. government's Advisory Board on Public Diplomacy in the Arab and Muslim World. He continued to serve as a governor of the BBG, representing the secretary of state, during his time as under secretary. The Institute is part of the George W. Bush Presidential Center, which also includes a presidential library and museum on the campus of Southern Methodist University in Dallas, Texas. He is (as of 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 dedicated to electing the U.S. president by popular vote. He is a frequent commentator on business and investing issues. His work has been published in the Los Angeles Times, The New York Times, The Wall Street Journal, The Washington Post, Forbes, The Atlantic Monthly, ''Reader's Digest, and The Times Literary Supplement (London)''. ==Books==

His first book, Dow 36,000, was published in 1999, near the peak of the late-1990s stock market bubble. The book was later criticized by Washington Post reporter Carlos Lozada, 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 Paul Krugman argued on his faculty website that the book contained basic arithmetic errors and was "very silly". Economist and blogger Nate Silver 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". 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 wisdom about investment principles, mutual fund selection, index funds, and asset allocation. I am impressed!" David Malpass, who later served as president of the World Bank, said, "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 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." In 2012, he wrote the introduction of The 4% Solution: Unleashing the Economic Growth America Needs, published by the George W. Bush Presidential Center. In March 2013, he reverted to his former position, stating in an article for Bloomberg L.P. 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. Gawker Media, in an article on his predictions, described him as having written "the most hilariously wrong investment book of all time". His second book, The Secret Code of the Superior Investor: How to Be a Long-Term Winner in a Short-Term World, 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. 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 The Washington Post from 1993 to 2004 and since then has written a monthly column for ''Kiplinger's Personal Finance''. ==References==