Jason and Bob interview Dr. Cloonan regarding his new book, Investing at Level3. 

James B. Cloonan earned his MBA from the University of Chicago and his BA and Ph.D. from Northwestern University. After teaching for several years in 1974 he helped found and served as CEO of Heinold Securities, a brokerage firm specializing in derivatives. He returned to teaching and began the preliminary work leading to the founding of the American Association of Individual Investors in 1978. He is currently Chairman of AAII an organization providing support, education and information to individuals who manage their own investments. It currently has over 160,000 members.

He has served on the Consumer Advisory Council of the National Futures Association, the Advisory Panel on Securities Markets and Information Technology of the Congressional Office of Technology Assessment, the NASD Special Committee on the Quality of Markets, the New York Stock Exchange Panel on Market Volatility and Investor Confidence, the Chicago Mercantile Exchange Financial Instruments Advisors Committee, the New York Stock Exchange Individual Investors Advisory Committee, The Consumer Affairs Advisory Committee of the Securities and Exchange Commission and other industry and regulatory panels.

Dr. Cloonan is also the author of books and articles on investing and writes a series of columns for the AAII Journal. He created and manages the Shadow Stock Portfolio, a real portfolio, which has realized an annualized return of over 15% for the past 23 years. He lives with his wife Edythe in Chicago.

To get the special price on Dr. Cloonan's book visit www.aaii.com/level3