“If you’re not healthy, you’re not wealthy.” — R. E. McMaster (“Maxims of Wall Street,” p. 143) “Do not go gentle into that good night, Old age should burn and rave at close of day; Rage, rage against the dying of the light.” — Dylan Thomas (1914-1953) Surveys show that some of our greatest fears […]
“I am a mortal enemy to arbitrary government and unlimited power. I am naturally very jealous for the rights and liberties of my country, and the least encroachment of those invaluable privileges is apt to make my blood boil.” — Benjamin Franklin This week, the award-winning documentary filmmaker Ken Burns released his new biopic, “Benjamin […]
“We had a terrible winter in France… Yet I was still alive, the sun started to return, the days to lengthen, the spring to come, the trees and gardens to regain their verdure, all nature to laugh, and to me, happiness.” — Benjamin Franklin (1784) Special Note: The early bird special ($399, are you out of your mind?) […]
“The moment you abandon the cardinal principle of exacting from all individuals the same proportion of their income or their property, you are at sea without rudder or compass, and there is no amount of injustice or folly you may not commit.” — British Economist J. R. McCulloch (1845) I have just finished reading the […]
“The Fed is the engine of inflation.” — Murray Rothbard I have a special announcement below about our keynote celebrity speaker who was just censored at the South by Southwest Film Festival but won’t be muzzled at FreedomFest! On Tuesday, I hosted a teleforum with my subscribers. Many of them asked about the sudden rise […]
“There will never be peace in the world as long as Communism exists. We are in a war to the death, and not of our choosing.” — Fred Koch 1960 Fred Koch, the father of libertarian billionaire Charles Koch, wrote those words in a pamphlet entitled “A Business Man Looks at Communism.” He had first-hand experience doing oil business in […]
“Capitalism is dying.” — Marxist economist Michael Harrington, “The Twilight of Capitalism” (1977) “The bottom line is that the Reagan program is all talk and no action.” — Austrian economist Murray Rothbard (1981) Last month, my wife Jo Ann and I were privileged to be the first guests on the new Tom Woods School of Life program, doing a two-part series […]
“What is the greatest danger to your investments? Inflation.” — Paul Cabot (p. 151) “War is always bearish on money and stocks — and a good time to buy.” — Philip Fisher (p. 151) Both quotes above are taken from the latest 10th anniversary edition of “The Maxims of Wall Street,” the bible of investing. With Russian troops invading the Ukraine, […]
“Climate change is the number one issue facing humanity. Unchecked, it is going to bake this planet. This is not hyperbole. It’s real. And we have a moral obligation.” — President Joe Biden Is global warming more important than the other issues facing Americans — war, crime, poverty, inequality, inflation, obesity, divorce, abortion or disease? One headline […]
“Getting rich is easy if you follow three rules: spend less, save more and invest the rest.” — Kevin O’Leary (2021) “What is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom.” — Adam Smith (1776) I often ask my college students to come up with one word to describe […]
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