Shop Costumes Learn more nav_sap_plcc_6M_fly_beacon $5 Albums All-New Fire TV Stick with Voice Remote Grocery Introducing Handmade New Kitchen Scale from AmazonBasics Amazon Gift Card Offer redoaks redoaks redoaks  Amazon Echo Starting at $49.99 Kindle Voyage Nintendo Digital Games Shop Now STEM Toys & Games

Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.

  • Apple
  • Android
  • Windows Phone
  • Android

To get the free app, enter your email address or mobile phone number.

Buy Used
Condition: Used: Good
Comment: Dust cover missing, shelf and edge wear, clear tape residue on first free paper, embossed seal on title page, spine is slightly faded. Pages are clean, clear and tight.
Have one to sell? Sell on Amazon
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See this image

The Alpha Strategy: The Ultimate Plan of Financial Self-Defense Hardcover – April, 1981

19 customer reviews

See all 2 formats and editions Hide other formats and editions
Amazon Price
New from Used from
"Please retry"
$35.50 $0.01

"Steal the Show" by Michael Port
Michael Port shares effective techniques to learn the art of great public speaking. Check out "Steal the Show", by Michael Port. See more business & investing books

Editorial Reviews

The Alpha Strategy is a refreshing, common-sense idea that can completely and permanently insulate your assets from all investment risks, including inflation, depression, taxation, and market manipulation. In the rush for illusory profits promised by investment hucksters, there is a very good reason why The Alpha Strategy has been overlooked: because it totally thwarts the investment schemes that allow others to profit at your expense. It prevents anyone in the financial industry from chipping away at your wealth. It is a plan that allows you to bypass all conventional markets - and their pitfalls. Doug Casey says "If a person had time to read only one book on financial survival, I would advise him to read The Alpha Strategy. There is nothing that compares to it."


Best Books of the Month
Best Books of the Month
Want to know our Editors' picks for the best books of the month? Browse Best Books of the Month, featuring our favorite new books in more than a dozen categories.

Product Details

  • Hardcover: 234 pages
  • Publisher: Stratford Press; 2nd edition (April 1981)
  • Language: English
  • ISBN-10: 0936906049
  • ISBN-13: 978-0936906041
  • Product Dimensions: 8.4 x 5.9 x 1.1 inches
  • Shipping Weight: 8.8 ounces
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (19 customer reviews)
  • Amazon Best Sellers Rank: #701,552 in Books (See Top 100 in Books)

More About the Author

Discover books, learn about writers, read author blogs, and more.

Customer Reviews

Most Helpful Customer Reviews

25 of 25 people found the following review helpful By R. Tietz on June 21, 2008
Format: Hardcover
Part I of this book should be required reading to graduate high school. If everyone read and understood this, the world would be much more prosperous and we would all lead richer and fuller lives. Part I is a primer on the economy, the history of money, the federal reserve, and how our government reaches deeper and deeper into our pockets with every passing year.

The remainder of the book goes into what we can do about it - how we can hope to hold on to what we have worked so hard to accumulate. This part is interesting, informative and useful. But Part I is an outstanding education on the way money works, or should work, and how inflation serves to devalue money at the hands of the federal government we elect and trust (to our financial demise). It also reveals how traditional assets (stocks bonds, etc) fail to preserve value over any extended period of time.

The "Alpha" strategy is the "first" line of defense we have against the hand of big brother. The logical extreme of this strategy would be to buy everything we need to live on for the rest of our lives in today's dollars and stockpile it all. Since not everything has a sufficient shelf life, the book offers the best compromise. This strategy may seem possibly a bit extreme but it is interesting and thought provoking none-the-less. Still, the idea is to try to stockpile the things of value, the tangible assets, in order to best preserve against the ravages of inflation resulting from the blatant and unbridled printing of money by the federal government. A must read.
1 Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
17 of 17 people found the following review helpful By Nate on October 5, 2007
Format: Hardcover
The message of this book (what Pugsley calls "The Alpha Strategy"), put simply, is to avoid holding assets in the form of non-redeemable paper money. The work begins with an explanation of why this is necessary, and then moves on to accomplishing it.

First, Pugsley explains basic economics, starting with the premise that individuals work in order to improve their standard of living. With clear examples, he explains the danger of inflation (calling it "the most deadly of economic evils") and the roles that fractional-reserve banking and the Federal Reserve play in our economy.

Pugsley also argues that all government intervention into the economy causes capital to be misallocated and productivity to drop. He condemns all of it--anti-trust laws, professional licenses, subsidies, minimum wage laws, tariffs, and labor laws--but doesn't blame the government. He points out that such laws are passed because small groups of vocal constituents act in their own short-term best interest and lobby for government intervention to protect themselves from competition in the free market. The result, according to Pugsley, is that everyone else is "plundered," because they are forced by the government to pay higher prices than they otherwise would.

Arguing that conventional methods of storing wealth (stocks, bonds, etc.) simply result in more losses due to taxes, inflation, and speculation, Pugsley moves on to the subject of protecting oneself from the forces that diminish wealth. He recommends that you move your paper money into four categories of products, in the following order: education, tools, consumable products, and raw materials.
Read more ›
1 Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Hardcover Verified Purchase
The Alpha Strategy is, without a doubt, the best explanation of the Federal Reserve System and the perils of fractional-reserve banking ever put on paper. This accounts for the first 50 pages of the book; the next 70 serve as a great primer on free-market economics in general. Doug Casey (of is quoted on the back of the book calling author John Pugsley maybe "the greatest living free-market writer" -- keep in mind, this is when Murray Rothbard was still alive! And based on the skill with which Pugsley explains supposedly "difficult" concepts, I'm inclined to agree with Casey's assessment. I only wonder why Pugsley didn't go on to write more books.

The second half of The Alpha Strategy might be the reason: like Ron Paul in Gold, Peace, and Prosperity and Gary North in How You Can Profit From the Coming Price Controls, Pugsley ended up being wrong with his dire economic predictions for the 1980s. This is understandable: no one could have possibly foreseen Paul Volcker's tight monetary policy. However, all of the same factors that led Pugsley, Paul, and North to project the implosion of the dollar and U.S. economy in 1980 are present once again, only this time, we have a much larger debt, much bigger entitlement deficits, currency competition in the form of the euro, industrial competition from China, overextended military, much greater debasement of our currency, and a president and Federal Reserve Chairman who absolutely WILL NOT do what Volcker did. Thus, The Alpha Strategy is even more timely reading today than when it was written.
Read more ›
2 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse

Most Recent Customer Reviews