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About Norman Fosback
Norman Fosback has
devoted his career to developing investing techniques and strategies and making
them available to individual investors at affordable costs. A co-founder of The
Institute for Econometric Research in 1971, Mr. Fosback’s impressive field of
works for investors broadened consistently for 28 years until he retired from
The Institute shortly after it was acquired by Time Inc.
During that period, Mr. Fosback
created, wrote, and edited nine investment advisory newsletters (serving
hundreds of thousands of investors), authored one of the most highly acclaimed
investment books of all time (Stock Market Logic, with more than a
million copies in print), wrote a syndicated weekly column on insider trading, and
created, edited, and managed one of the nation’s leading investment magazines,
Mutual Funds Magazine, which attained a paid circulation of 750,000 under
his managerial guidance -- all in his capacity as President and Research
Director of The Institute. Mr. Fosback has been quoted in thousands of media
articles, appeared widely on financial television, and been sought after to
speak at leading investment seminars around the world.
Born in Oregon in 1947, Mr. Fosback
studied investments at Portland State University where he authored several
papers on equity investing. In 1971, he joined Glen King Parker in south Florida
to co-found The Institute for Econometric Research and conduct scientific
research into the behavior of stock market prices.
From 1971 to 1975, Mr. Fosback led
The Institute’s "Special Stock Market Study". The Study involved a
massive investigation of stock price behavior, including a compilation of nearly
all prior research in the field, the assembly of one of the largest computerized
databases of market indicators back to the previous century, the formulation of
mathematical forecasting techniques, and the creation, testing, development, and
implementation of concepts and models to predict aggregate and individual stock
price performance. Subsequent research extended this body of work to the
analysis and prediction of mutual fund performance.
Between 1975 and 1995, Mr. Fosback
and Mr. Parker launched nine separate investment newsletters at The Institute
based on this accumulated and ongoing research: The Insiders, Market Logic, New Issues, Investor’s Digest, Income Fund Outlook, Hot Funds, Mutual Fund Buyer’s
Guide, Fidelity Forecaster, and Mutual Fund Forecaster. Each of these
advisories pioneered new methods of security selection and forecasting, and each
immediately captured the leading position in its investment advisory niche. Mutual
Fund Forecaster attained the largest subscriber circulation of any
investment advisory service in history.
In 1993, Mr. Fosback applied these
resources to the creation and launch of Mutual Funds Magazine, which he
managed, and for which he served as Editor-in-Chief. By the time of Time
Inc’s acquisition of The Institute just four and a half years later, Mutual
Funds attained a paid circulation of 750,000, making it one of the most
widely read personal finance magazines in the world.
Today, Mr. Fosback continues to
generate top-flight stock market research and investment systems, and to use his
findings to provide investment services for individual investors. His firm,
Fosback Forecasts, Inc., publishes Insider Trading Guide and Fosback’s Fund Forecaster. In
addition, Mr. Fosback offers personal portfolio management services through
Fosback Investment Management. |