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: