Share prices are falling. The stock market's in crisis. Should the Diary jump off the second floor in York Street?

There's only one thing to do. Ring Malcolm Stacey, former Star and Radio 4 journalist and author of the best-selling Poolside Tycoon, which has just been reprinted.

"Don't panic", says 52-year old Malcolm, "If you strip out the new media, internet and dot com shares the Footsie isn't doing too badly. If you've got dot com shares don't sell them now. We're in a panic at the moment and people are selling cheap".

Are you sitting by the pool now Malcolm?

"I haven't got a pool but what I have got is the Atlantic Ocean. We've just moved to Tenby, Wales. It's an interesting little water feature" he says.

Malcolm wrote Poolside Tycoon and it's predecessor Armchair Tycoon, (also reprinted) after asking captains of industry for their own money making tips while working for Radio 4's You & Yours programme.

He put his money where their mouths were and has ended up very comfortably. In fact he could afford to give up the day job, although he still runs a daily column on his free stocks and shares website Sharecrazy.com, which gets two million hits a month.

"A couple of weeks ago I lost £150,000 on paper but the shares have come back up again".

Malcolm whose book Super-Scrooge advised making money by recycling Valentines Cards says he's annoyed by watching other people work hard but never getting enough money while rich businessmen make even more.

But old habits die hard. "I still go round the supermarkets and look for tuppence-off offers", he says.

Both books are published by Robson Books at £8.99 but they're cheaper from the website.

Contact the Sharecrazy Press Centre
Back to Press Centre List