Doug Casey is a world-class thinker, speculator, traveler, and in my opinion the most interesting guy in the world. Think about it. Who do you know who has had dinner with third-world dictators, has tried to take a country public… and almost succeeded, written multiple best-selling books, made and lost millions in his speculations, and he is still looking to try new things.
This week we learn about Doug Casey. We discuss some of the secrets to his success, some of the most interesting places to invest at a time when everything is overpriced, how to become an international man, and why dictators are more interesting than anybody you know.
Doug Casey Bio:
Best-selling author, world-renowned speculator, and libertarian philosopher Doug Casey has garnered a well-earned reputation for his erudite (and often controversial) insights into politics, economics, and investment markets.
Doug is widely respected as one of the preeminent authorities on “rational speculation,” especially in the high-potential natural resource sector.
Doug literally wrote the book on profiting from periods of economic turmoil: his book Crisis Investing spent multiple weeks as #1 on the New York Times bestseller list and became the best-selling financial book of 1980 with 438,640 copies sold; surpassing big-caliber names, like Free to Choose by Milton Friedman, The Real War by Richard Nixon, and Cosmos by Carl Sagan.
Then Doug broke the record with his next book, Strategic Investing, by receiving the largest advance ever paid for a financial book at the time. Interestingly enough, Doug’s book The International Man was the most sold book in the history of Rhodesia. And his most recent releases Totally Incorrect (2012) and Right on the Money (2013) continue the tradition of challenging statism and advocating liberty and free markets.
Topics we cover in this episode:
- International investing
- Dinner with dictators
- Bringing a country (government) public
- Becoming wealthy in 3rd world countries
- Buying artwork for pennies on the dollar
- Doug’s first entrepreneurial venture
- His thoughts on Ayn Rand’s Virtue of Selfishness
- Why Doug prefers writing fiction
- His successful debate with Phil Donahue
- Why science fiction is a better predictor of the future that any think tank
- Will Ray Kurzweil’s singularity concept allow us to live as long as we want in peak form?
- Top minds think we living in a simulation, what do you think?
- Doug’s opinion of speculating vs investing
- Why the worst sector in the world is the one he favors most.
- The outcome of the greater depression
- Should you invest in commodities
- How you know when a trend is coming to an end.
- Investing in bitcoin, pot stocks, and investments with extreme risk.
- The International Man
- Crisis Investing
- Totally Incorrect
- Speculator (High Ground) Volume 1
- Drug Lord (High Ground) Volume 2
Today’s show is hosted by Kirk Chisholm.
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