Most people don’t know that Warren Buffett’s father was Howard Buffett, a laissez-faire, sound-money United States congressman from Nebraska. His views on the economy couldn’t have been further removed from what his son’s would one day be.
He didn’t yet know that, though, when he wrote to Mr. Libertarian, Murray Rothbard, asking how he might get his son a copy of Rothbard’s book The Panic of 1819. “I have a son who is a particularly avid reader of books about panics and similar phenomena,” he said.
Buffett also said he was reading through Man, Economy, and State, Rothbard’s thousand-page treatise (originally published in two volumes), and asked how he might assist in getting wider circulation for those volumes.
(Click here to read the whole letter.)
Unfortunately, the apple fell far from the tree. Buffett’s son proved to be a great investor, but a very poor economist.
When you find an investor who also really understands the economy, as opposed to repeating standard platitudes about the Federal Reserve, fiscal stimulus, and the whole kit and kaboodle of fashionable opinion, you’ve really got something.
I’ve found you a bunch of them.
Two award-winning filmmakers are about to release a documentary featuring people you and I actually trust and respect — like Patrick Byrne, CEO of Overstock.com and Tom Woods Show guest; Ryan Daniel Moran, entrepreneur and two-time Tom Woods Show guest; and Whole Foods CEO John Mackey. Not to mention G. Edward Griffin and Robert Kiyosaki (author of Rich Dad, Poor Dad).
They’re taking an all-star line-up of 36 self-made millionaires, multi-millionaires and billionaires, and relating stories and lessons from the 36 roads they took to success. Not to mention their answers to this question: once they succeeded, where did they invest the dough?
During the launch week access to it will be free, but after that it will cost you some smackers. As long as you opt in by 9:00pm Eastern on Tuesday, April 23, you’re in.
Don’t let this one get away: