Prepare for Hormegeddon

This book has a modest ambition: to catch a faint glimmer of truth, perhaps out of the corner of our eye. What truth? It is a phenomenon I call Hormegeddon.German pharmacologist Hugo Schulz first described its scientific antecedent in 1888. He put small doses of lethal poison onto yeast and found that it actually stimulated…

Read More

8 Money Mistakes with One Million Dollars

Most people think preserving money is all about what stocks you pick and which money managers you employ. Not at all. What matters most is the right family culture. Families with old money all have their own norms, values and no-nos. These largely determine their success or failure over time. What follows is a list…

Read More

The Honest President?

Warren Harding

“He who goes a-borrowing, goes a-sorrowing.” The quote comes from Ben Franklin. But it was recalled to us neither by America’s president nor Britain’s prime minister. Instead, the Telegraph in London reported it from the mouth of Cheng Siwei, a “top member of the Communist hierarchy.” What goes around comes around. The Anglo-Saxons have forgotten…

Read More

The Ultimate Secret of the Rich

What separates the rich from the rest of us? “They have more money,” said Hemingway. But how did they get it? How do they hold onto it? That’s a bit more complicated. I recently drove through a working class neighborhood in Baltimore called Dundalk. It is an area of simple one- and two-storey wooden houses…

Read More

The Vision for Your Family

I want to let you in on what I believe is one of the most intriguing investment stories ever told. The story of how the world’s wealthiest families have held onto their wealth over hundreds of years. There are a lot of families. And there are a lot of rich people. But there aren’t many…

Read More

Bill Bonner Remembers 1958

  “Back in 1958, America was a not only a net exporter . . . but the largest net exporter in the world. Now, it is the largest importer. “Back in 1958, America was the world’s largest creditor. Now it is its largest debtor — with a net financial deficit of $4 trillion dollars. “Back in…

Read More

The Big Schlep

  “Can they ever retire?” – Time Magazine (July 21, 2002) Poor Martha Parry. The New York woman sold her insurance company and thought she had it made. According to Time magazine’s July 21 cover story, she had $1 million in the stock market two years ago and was looking forward to a retirement of…

Read More