Robert R. Prechter

Robert R. Prechter is known for developing a theory of social causality called socionomics and for his career applying and enhancing the Wave Principle, R.N. Elliott’s fractal model of financial pricing. Prechter has authored/edited 18 books, including a New York Times best seller. His 2016 book, The Socionomic Theory of Finance, aims to replace conventional financial and macroeconomic theory with an internally and externally consistent paradigm based on socionomics. Prechter has presented socionomic theory to audiences at academic conferences and universities including the London School of Economics, the University of Oxford, the University of Cambridge, Georgia Tech and MIT. In 2005, he created the Socionomics Institute, which is dedicated to researching and applying socionomics, and the Socionomics Foundation, which supports academic research by others in the field. Prechter has co-authored several academic papers, including “The Financial/Economic Dichotomy” (2007) and “Social Mood, Stock Market Performance and U.S. Presidential Elections” (2012), the third most downloaded paper on the Social Science Research Network that year. Prechter graduated from Yale University in 1971, joined the Market Analysis Department of Merrill Lynch in New York in 1975 and founded Elliott Wave International in 1979, where he has published monthly market analysis in The Elliott Wave Theorist. Prechter served for nine years on the board of the Market Technicians Association and served as its president in the 1990-91 year. He has been a keynote speaker at MTA and IFTA conferences. He is a member of the Triple Nine Society and the Shakespeare Oxford Society. For more, visit