Friday, April 18, 1969
FRANZ PICK, B.S., M.A., M.B.A., LL.D., PH.D., etc. has more letters after than in his name. He was born in Bohemia, studied law at the University of Leipzig, and currency theory at the University of Hamburg. His post-graduate studies at Paris’ Sorbonne dealt mostly with inflation and devaluation theories.
He fought in World War II in France and played a major role in currency intelligence and underground finance.
In 1945 he founded PICK’S WORLD CURRENCY REPORT in New York City, a monthly publication that has acquired an unmatched domestic and international reputation for accuracy of reporting and of forecast, with subscribers in every country on the globe. Beginning 1951, he published the “Black Market Yearbook,” a then controversial volume, which has since become a classic. Dr. Pick was the first economist in history to analyze black markets by a system comparable to that of bacteriological research, an activity which earned him the unlimited hatred of many governments.
He discontinued publication of his Black Mrket annuals in 1955 and now publishes the “PICK’S CURRENCY YEARBOOK” reviewing, in pitiless analysis, about 90 currencies each year. This book too is a nightmare for every foreign trader.
In 1955, he established his own school in New York and teaches a “Currency Seminar for Executives.” Key personnel of many of the U.S.’s largest corporations have enrolled in this course, which meets three times a year and was also held in Chicago, Los Angeles and San Francisco last spring.
Franz Pick is considered to be one of the world’s leading currency analysts, feared by all administrations of nonconvertible monies, but universally respected for the clarity of his judgment. Many of this country’s leading enterprises consult with him and about 46 governments are his clients.
His hobbies – besides having written about 30 books and having aggravated countless Ministers of Finance and Central Bank Governers – are to sail his racing sloop in the Long Island Sound and to cook gastronomic meals.
Flyer for “Anatomy of the Minidollar”
Franz Pick Seminar
April 18, 1969