And then, too, the project of researching and writing a book on what the world will look like in 20 years has been an enormous help for my thinking. The project has become something of a fetish for me. I really am compelled to get a grasp on how things are changing. Let me tell you, my views on how the future will develop have changed over the last five years, and not all for the better. I’m increasingly concerned about what I’m calling the Great Reset.
I see my role, as it has developed over the years, as a processor of information who shares an in-depth and hopefully authentic view of “what it all means.” And by authenticity I mean that I’m trying not to spin the data or use it to promote some particular worldview. I do, of course, have my own evolving worldview, and it does show up here and there in these letters, but I try to make sure that I’m reading and talking and thinking on as many sides of the issues as possible.
I try to take all the information that comes at me from the fire hose and intuit how it’s all connected. I often have friends tell me that one of the things they like most about my writing is how I pull together so many sources and introduce them to so many new ideas and people.
In addition to the sources I’ve mentioned above, there are perhaps another half dozen people whom I have come to respect over the years as connoisseurs and conduits of information. When they send me something to read, I pay attention. Can I always get around to reading what they send? No, but I try hard. Because the world is getting more and more complicated, and finding that wisdom, that sensible path forward, seems to be getting harder. My job is to try to make it easier for you.
Yes, “drinking from a fire hose” is a pretty good metaphor to describe the information flows hitting investors today. Get an inch too close and the pressure will blow your head off. But here’s the thing: You really, really need a fire hose in certain situations. Most houses, most of the time, are not going up in flames. But if yours is, you want a fire hose on the scene as fast as possible.
By analogy, most days in the financial markets don’t require any action from most investors. But once in a while things burst into flames and you need a fire hose. In those situations, Peter Boockvar has a pretty good one. You should visit his website and get a free trial. Then subscribe if it fits your needs – or come back later when you smell smoke.
A Brief Commercial
The Strategic Investment Conference is again sold out, although there are a few spots that always turn up at the last minute . If you can make it, we’ll be glad to see you.
As noted above, Peter will be speaking at SIC, along with two dozen or so equally talented financial and geopolitical experts. SIC is itself a kind of fire hose, delivering widsom in controlled bursts. It’s a chance to escape from the daily headlines and refocus on larger trends. And we have a lot of fun, too.
SIC equips you to take advantage of the massive shifts that are destabilizing our world. Change brings risk – but also opportunity for those who know where and how to look.
I really wish every single one of my readers could be with us in Orlando. If you can’t, the next best thing is our SIC Virtual Pass. If you order now at the early-bird price, you’ll get…