Monday, February 15, 2016

Wealthsteading

John Pugliano runs a very interesting website geared toward getting people independently wealthy. His views on investment are deeply rooted in reason and, I suspect, philosophy. He seems to be a moderate libertarian.

"Overcome your natural tendency to fear new things."

"The entrenched powers will always lose. It happens every time."

"Embrace innovation."

He is a sort of optimistic fatalist. We embrace change or change stomps us. It's like the dog tied to the cart. Run along with it or let it drag you, but that's reality. And for all the destruction of capitalism we live in unprecedented luxury.

He views investment as "wealthsteading." He sees it as a way to carve out a self-sustaining plot of money (rather than land, like the original homesteaders) and thereby win freedom to choose one's way of life.

Worth a look.

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