Happy Silly Sunday SHTF Sisters (and brothers). There’s a new survival-related book on the market, geared toward the survivalist rich, “Wealth, War, and Wisdom” by Barton Biggs. The book is full on survivalist thought aimed at the rich. It’s hot off the press.
Check the introduction on this book from this article:
Barton Biggs has some offbeat advice for the rich: Insure yourself against war and disaster by buying a remote farm or ranch and stocking it with “seed, fertilizer, canned food, wine, medicine, clothes, etc.”
The “etc.” must mean guns.
“A few rounds over the approaching brigands’ heads would probably be a compelling persuader that there are easier farms to pillage,” he writes in his new book, “Wealth, War and Wisdom.”
Biggs is no paranoid survivalist. He was chief global strategist at Morgan Stanley before leaving in 2003 to form hedge fund Traxis Partners. He doesn’t lock and load until the last page of this smart look at how World War II warped share prices, gutted wealth and remains a warning to investors. His message: Listen to markets, learn from history and prepare for the worst.
The book crosses the history of war with the history of the stock market, and it comes from a guy that knows his stuff. He claims there are correlations, because the stock markets acts as an aggregator of many individuals’ thoughts and predictions. SO - if you’re swimming cash - listen to what he says:
Mankind endures “an episode of great wealth destruction” at least once every century, Biggs reminds us. So the wealthy should prepare to ride out a disaster, be it a tsunami, a market meltdown or Islamic terrorists with a dirty bomb.
The rich get complacent, assuming they will have time “to extricate themselves and their wealth” when trouble comes, Biggs says. The rich are mistaken, as the Holocaust proves.
“Events move much faster than anyone expects,” he says, “and the barbarians are on top of you before you can escape.”
I’m far from rich, but I intend to check the book out. It sounds different, and - in today’s world - anything different is good. You can buy a copy here.
- Ranger Man
BTW, in case you haven’t seen the trailer:
4 responses so far ↓
1 ryan // Feb 3, 2008 at 3:03 pm
I am inclined to listen to that fellows economic advice. Hedging our bets with a well stocked retreat is a nice plan if practical. On the bright side if u use the http://bisonsurvivalblog.blogspot.com/ plan u do not need to be rich in order to do so. Ranger man also has a great path which is just as probable to work as another. Remember that if u feel the need to have a retreat it does not take 250k. In fact u can do it for much closer to $2,500. It is not going to be a 60 acre farm with a nice house but an acre or two in the middle of nowhere with a mobile home and a good stock of food will let u survive all but the most extreme TEOTWAWKI situation.
2 boodaman // Feb 5, 2008 at 7:48 pm
LOL…that was the trailer? That looked like the whole movie to me!
3 Big Bob Bobby Joe // Apr 9, 2008 at 12:59 am
I hate Hollywood! It’s all been done, said, and seen. Hollywood leaves nothing to the imagination. Actually, it just leaves you stupid and with a little less money in your pocket.
Good call on the book! Barton Biggs wrote an excellent book on hedge funds that even a non-insider would enjoy….
4 Wealth, War and Wisdom by Barton Biggs - a Book Review // Apr 15, 2008 at 4:01 am
[…] I introduced you to the new Barton Biggs Book (doesn’t that have a nice ring “Barton Biggs Book”?), and now I present a book […]
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