on October 2, 2011
It's a shame nobody else has bothered to review this book. It is really a diamond in the rough and has many great ideas. If you are a fan of Harry Browne, you will enjoy it. Similar to many of his other works, he takes the time to explain how gov't works (or more specifically, doesn't work) and how the hairbrained actions of the gov't will reduce your wealth, and what you can do to avoid or at least minimize the damage. He explains seven principles which he has found in people who are successful investors, and explains how you can also be successful once you understand the principles of how things work, rather than investing based on the "latest tip" or other such specific information. What's really amazing is that this was written in 1974, and other than a few small specifics and greatly increased dollar amounts (he speculates that gold could go up to $300 an ounce-- OH THE HORROR!!!) this book could easily be in the "new arrivals" section at the book store, and most readers would be hard pressed to tell it was written almost 40 years ago. Found my copy used on Amazon for under a buck, very few purchases will give you that kind of VALUE.