Mark J. Higgins, CFA, CFP® is a widely respected financial historian, author, and speaker. His works appear regularly in publications, such as the Museum of American Finance's Financial History Magazine and the CFA Institute's Enterprising Investor. Prior to writing Investing in U.S. Financial History, Mark served as a senior investment advisor for more than twelve years. In this role, he provided investment advice to trustees of large institutional investment plans, such as endowments, pension plans, foundations, and corporate plans, with aggregate assets of more than $60 billion. Mark is also a frequent speaker both domestically and internationally on topics related to U.S. financial history and institutional investment management.
Mark graduated from Georgetown University Phi Beta Kappa and Magna Cum Laude with a bachelor's degree in English and Psychology. He received an MBA from the Darden School of Business at the University of Virginia. Mark is a CFA charterholder and CFP® practitioner.
There are some essential lessons we can learn from investing in US financial history. Those who do not know history are doomed to repeat it..
In this episode of Banking on Girls, financial historian Mark Higgins takes us back to the Gilded Era where he explores Hetty Green’s childhood and how she became such an astute investor. Higgins is an author and historian who is working on a complete history of the US financial system and recently published an article in Financial History magazine about Hetty Green and why he says she was the best investor in US history.
"Since the onset of the COVID-19 pandemic in early 2020, we have experienced a series of financial events that seemed both extreme and unprecedented. These included a 101-year pandemic, sudden-stop financial panic, massive monetary and fiscal stimulus, a spasm of inflation, the reawakening of hawks at the Federal Reserve, and a run on a major commercial bank. Investors responded with a roller coaster of emotions because many lacked the historical context to grasp the potential consequences."