Motley Fool And Simon & Schuster Sign Multi-Book Deal

Posted on December 7, 2001

The Motley Fool, a personal finance education company, has signed a new multi-book deal with Simon & Schuster. The new books will be written for a variety of audiences and will provide specific tools for people looking for help with their personal finances and investing. The deal was brokered by Suzanne Gluck of The William Morris Agency.

The first book, to be published in hardcover next spring under the Simon & Schuster imprint, will respond to the questions facing Americans in these challenging economic times. David and Tom Gardner, co-founders of The Motley Fool, prescribe what we can all do to make sure both our short and long-term strategies weather the current economic storm. In August 2002, a Motley Fool investment guide for teens will be published as a trade paperback original under the Fireside imprint. In the spring of 2003, a Motley Fool retirement book will be published as a Simon & Schuster hardcover. The remaining books, all to be published in trade paperback under the Fireside imprint, include an a personal finance workbook (spring 2003), and a revised edition of The Motley Fool Investment Workbook (January 2003).

``With their first books David and Tom Gardner helped educate millions on the basics of saving money and securing a brighter financial future for themselves and their loved ones,'' said David Rosenthal, Executive Vice President and Publisher of Simon & Schuster. ``With these new titles, The Motley Fool delves deeper into specific life situations to deliver solutions for teens, baby-boomers, and investors facing the worst economy of the past decade.''

``Now more than ever people are looking for financial help,'' said David Gardner, co-founder of The Motley Fool. ``For young people who are beginning to handle their own money, for those facing retirement as their next big financial hurdle, and for anyone who feels uncertain in today's economy, we'll provide common-sense answers for each specific situation. The Motley Fool meets people on their terms and helps them make better financial decisions, and Simon & Schuster is one of our long-standing associates in that pursuit.''

Since 1996, The Motley Fool and Simon & Schuster have produced three New York Times bestselling books by David and Tom Gardner, including Rule Breakers, Rule Makers: A Foolish Guide To Picking Stocks and You Have More Than You Think: The Foolish Guide To Personal Finance. To date, The Motley Fool has sold more than 1.8 million of its Simon & Schuster and self-published titles.