Boom in the gloom-and-doom business of investment seminars They are the rock concerts of the 1980s.
"Woodstocks for rich people," one promoter calls them. But instead of long-haired musicians, the stars of these extravaganzas are investment counselors, who generally hurl around wildly pessimistic prophecies about the future of the economy. Best-selling Author Douglas R.
Casey (Crisis Investing: Opportunities and Profits in the Coming Great Depression) last month told an Orlando, Fla., gathering of 2,100: "We are facing the greatest depression in the history of the world." And Howard J.
Ruff (How to Prosper...
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