Harry Dent Predicted 'Dow 3,000' in 2011. The Dow Is Now 43,000.

In his 2011 bestseller "The Great Crash Ahead," Harry Dent confidently predicted the Dow would crater to 3,000-3,800 by late 2013. He advised investors to go short starting in early 2012. The Dow was around 11,000 at the time.

What actually happened? The Dow never looked back. It climbed to 16,000 by late 2013, blew past 20,000, 30,000, and now sits above 43,000. Anyone who followed Dent's advice to short the market would have been absolutely annihilated.

But wait, it gets better: An ETF literally called DENT, co-managed by Dent himself, was launched in 2009. Its performance was so catastrophically bad that it was liquidated in August 2012—right when Dent said the real money would be made shorting stocks.

Dent's secret? Never stop predicting the crash. In 2024, he's still at it, calling for an 86% drop in the S&P 500 and a 92% crash in the Nasdaq. At some point, if you keep predicting the end of the world, you might eventually be right. The market, however, doesn't care about your book tour schedule.