You are receiving this email because you signed up to receive our free e-letter Skousen Investor Cafe, or you purchased a product or service from its publisher, Eagle Financial Publications. [Skousen's Investor CAFE] [Forecasts & Strategies]( [Fast Money Alert]( [Five Star Trader]( [Home Run Trader]( [TNT Trader]( Bizarre Books in My Basement By Mark Skousen
Editor, [Forecasts & Strategies]( 12/28/2023 Sponsored Content [Step Into The Future of AI!]( Mark Cuban believes AI mastery can create the world's first trillionaires. Interested in joining that league? Get your hands on our exclusive report, detailing these potential Top 5 AI Stocks. [Don't miss this! Secure your FREE report!]( The holidays are a good time to read a good book. Nothing heavy, but just light entertainment. Over the years, Iâve collected books with strange and provocative titles. I even have a book entitled âBizarre Books,â by Russel Ash and Brian Lake. Last August, I wrote a column based on the intriguing title, âThe Courage to Be Disliked.â See [Do You Have the Courage to Be Disliked? -- Mark Skousen]( Whatâs odd about the book is that it is written by two Japanese psychologists who want the reader to conform and not stand out as independent and different. They drew their philosophy from Alfred Adler (1880-1937), a contemporary competitor of Sigmund Freud. They have chapters with titles such as âDesire for recognition makes you unfreeâ⦠âYou are not the center of the universeâ⦠âDo not rebuke or praiseâ⦠And finally, âThe courage to be normal.â Americans would never stand out if they followed their philosophy. I recently purchased an old book entitled, âThe Danger of Being a Gentleman,â by British socialist Harold Laski, published in 1939. Itâs a sadistic critique of the English gentleman class. He warns, âThe English gentleman must not concern himself with the sordid business of earning his living. He is allowed to cultivate hobbies, even eccentricities, but he must not practice a vocation⦠He should be quite unable to speak intelligible French or German⦠He should know nothing about political economy and less about how foreign countries are governedâ¦â etc., etc. In politics, I have a most intriguing title, âOverpaid, Oversexed, and Over Here,â about the American GI in World War II Britain. A hilarious bit of history. Avoid Boring People One of my favorite titles is by DNA discoverer and Nobel-Prize-winning biologist James D. Watson. Itâs a memoir entitled âAvoid Boring Peopleâ -- autographed by the genius himself. On its surface, it sounds arrogant, but then you have to ask yourself the question, âIs 'boring' an adjective or a verb?â Ah, thereâs the rub. The title is a double entendre. If itâs an adjective, the title is arrogant. But if âboringâ is a verb, it could be quite humbling: âDonât bore people!â It turns out that Watson uses it both ways. [Ph.D. Economist Releases 'Biden Disaster Plan']( The next two years could be ârough for investors.â But this Top 20 Living Economist says three stocks could rise 10X... thanks to Bidenâs bungling. [Go here]( for his stunning prediction â in what he's calling The Biden Disaster Plan. Three Books in Row in the Bahamas When my family and I lived in the Bahamas in 1984-86, there were quite a few books left in the rented house when we arrived. Curiously, we found three books right next to each other: âThe Joy of Sex,â followed by âOpen Marriageâ and finally, âCreative Divorce.â An appropriate order, we thought. Another book in my library has created some curiosity. When we had a party at our house, a friend came up to my wife and said, âI find the books in your library rather intriguing.â She pointed specifically to one book that she was afraid to open. The title was âFun in Bed.â Jo Ann laughed. It was a book about puzzles and games to play when one is sick in bed. Collecting Rare Financial Books With Clever Titles I also like to collect rare financial books. Over the years, Iâve discovered many oddly or humorously titled books. Some of my favorites are:
- "I Like the Depression," by Henry Ansley, âJackass of the Plains,â an autobiography of a well-to-do businessman who was wiped out during the Great Depression and rediscovered his wife, friends, relatives, his dog and the things that really mattered in life. Not surprisingly, I have the first edition because itâs the only edition.
- "How to Retire Without Money," by Bob Belmont. It takes the author 318 pages to explain his system. It might go well with another book, "Donât Die Broke!,"Â by Melvin Jay Swartz.
- "How to Live Beyond Your Means," by Margery Wilson, a delightful book on how to accomplish more with your limited means. Itâs actually a serious book with several useful suggestions.
- "Wiped Out: How I Lost a Fortune in the Stock Market While the Averages Were Making New Highs," by an Anonymous Investor (Simon & Schuster, 1966). A real-life story of a man who entrusted his fatherâs inheritance to irresponsible brokers and lost everything between 1957 and 1964, when the Dow rose 70%.
For my book, âThe Maxims of Wall Street,â I wrote a short story that could be a book title: âI Make Money In My Sleep!â Itâs actually possible. The secret formula can be found on pp. 185-188 of âthe Maxims.â If you don't have a copy, they are available at [www.skousenbooks.com](. [A.I. Is Reshaping Investing: Are You Prepared?]( Traditional investing is out the window â A.I. investing has arrived. This dual-patented generative A.I. canâ¯predict market trends 1â3 days in advance. [Join this FREE online A.I. training class to learn more>>Â]( What Economist Deserves to Be the GOAT? This just in: Deciding who is the Greatest of All Time (GOAT) is a popular debate in sports. Is it Michael Jordan in basketball? Lionel Messi in fútbol? Muhammed Ali in boxing? Babe Ruth in baseball? (In case you are wondering, the answer is âyesâ in each category.) Tyler Cowen and I in Seoul, Korea, in September 2022 Tyler Cowen, professor at George Mason University and co-publisher of the popular Marginal Revolution website, has come up with one of the most clever and entertaining ways to write a history of economic thought by selecting his favorite GOAT in economics. Is it old timers like Adam Smith, Karl Marx or John Maynard Keynes⦠or newcomers like Milton Friedman? Let the debate begin. Spoiler Alert: I answer this question in my fun review here: [Tyler Cowenâs GOAT (Barely) Misses the BOAT -- MSKOUSEN.COM]( Iâm getting favorable responses -- even Tyler Cowen says itâs âexcellent.â Upcoming Appearances Orange County AAII Conference, Saturday, January 20, 2024: If you live in Southern California, please join me for my two-hour presentation on the outlook for stocks, commodities and real estate, 9-11 a.m. at the Center of Founderâs Village, 17967 Bushard Street, Fountain Valley, CA, 92708. Jim Woods, my co-editor of [Fast Money Alert]( plans to join me. Parking is free, but there is a $5 charge for attending this event sponsored by the Orange County chapter of the American Association of Individual Investors. For more information, go to the [AAII Orange County Webpage](. To confirm your attendance, email Stephanie at [sdavis388@gmail.com.](mailto:sdavis388@gmail.com) I wish you all a most prosperous happy New Year! Good Investing, AEIOU, [Mark Skousen] Mark Skousen
Doti-Spogli Endowed Chair of Free Enterprise, Chapman University
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[FreedomFest]( [You Blew It!] My Daughter Does a Back Flip on Ice
By Mark Skousen
Editor, [Forecasts & Strategies]( Hope you all had a wonderful Christmas. We celebrated with family and friends at our home in Florida. One of the highlights was watching our daughter, Hayley, perform as a professional ice skater at SeaWorld in Orlando. Watch her do a back flip (rare among female skaters): [Hayley Skousen back flipping in SeaWorld Orlandoâs âWinter Wonderland on Iceâ (youtube.com)]( If you are in Orlando during the holidays, see her perform at SeaWorld through January 3, 2024. Later this week, Jo Ann and I will be transitioning to our home in California, where we will be teaching at Chapman University in 2024. About Mark Skousen, Ph.D.: [Mark Skousen]Mark Skousen is an investment advisor, professional economist, university professor, author of more than 20 books, and founder of the annual FreedomFest conference. For the past 40+ years, Dr. Skousen has been investment director of the award-winning newsletter, [Forecasts & Strategies](. He also serves as investment director of four trading services: [TNT Trader]( [Five Star Trader]( [Home Run Trader]( and [Fast Money Alert](. About Us:
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