[Angry_Chimp]

Biggs's Tips for Rich: Expect War, Study Blitz, Mind Markets

http://bloomberg.com/apps/news?pid=2060 ... efer=home#
Review by James Pressley


Jan. 30 (Bloomberg) -- Barton Biggs has some offbeat advice for the rich: Insure yourself against war and disaster by buying a remote farm or ranch and stocking it with ``seed, fertilizer, canned food, wine, medicine, clothes, etc.''

The ``etc.'' must mean guns.

``A few rounds over the approaching brigands' heads would probably be a compelling persuader that there are easier farms to pillage,'' he writes in his new book, ``Wealth, War and Wisdom.''

Biggs is no paranoid survivalist. He was chief global strategist at Morgan Stanley before leaving in 2003 to form hedge fund Traxis Partners. He doesn't lock and load until the last page of this smart look at how World War II warped share prices, gutted wealth and remains a warning to investors. His message: Listen to markets, learn from history and prepare for the worst.

[jboogy]

I saw that over at LATOC, that kinda stuff has lost a little of its impact since all kinds of smart guys have been blowin' the doomer whistle lately. Still, with all these buttoned down guys coming out of the woodwork lately saying TSGHTF, you'd think there would be a little more coverage in the MSM.