For those who prefer audio, here’s the podcast version...
Pick up your copy of Amazon, or for bulk copies on Itasca—you can receive significant discounts for larger orders.
When my son was born, I aimed to be an involved parent. My father worked tirelessly when I was growing up, so I wanted to create a different dynamic. I respect my father's hard work; it’s a source of pride for me. He broke family barriers as the first to attend college, rising from modest beginnings. But balancing the demands of being a founder and portfolio manager often challenges my ability to be present, especially in a landscape dominated by major players managing vast fortunes.
I’ve sought to include my son in my professional life, making work relatable and fun during our time apart. For example, I often ask him to suggest a word to integrate into my TV appearances, leading to amusing moments that flummox hosts but delight him wholly. He’s appeared in other projects too; some might have spotted his name hidden within the cover of Shareholder Yield’s second edition cover.)
However, most children don't have a parent in the investment sector, often growing up without financial education—and while progress is being made, the absence of effective financial literacy in schools persists.
A few years back, I told my son that before his birth, I authored five books, yet not one since then. Each moment spent on my writing is worth it, but the recent market fluctuations made the urge to write again compelling.
Observing young investors, and even individuals well beyond youth, risking their savings with options trading, cryptocurrencies, and meme stocks has been disheartening. The core message—save, invest wisely, and let time amplify your wealth—is overwhelmed by the barrage of ads for sports betting and trading apps, distracting many from steady investing.
Conversations with visionary investors like Jim O’Shaughnessy sparked the concept for my latest book. He promotes the idea of "Time Billionaires," which refers to young individuals with the entire future ahead of them to grow their wealth. That phrase was enlightening.
Meanwhile, Morgan Housel once suggested that a book could be created where each page reiterates the same advice: Shut Up and Invest. This spurred me to write a broader narrative—not only focusing on the U.S. stock market since 1900 but weaving in a global historical perspective, extending back to 1600. The aim is to produce a visually engaging coffee table book to guide investors through turbulent times, demonstrating the vast potential of compounding over centuries. While individual decades appear tumultuous, the long view reveals a different reality.
The result is titled Time Billionaires, which is due for release in Q4 2026 or Q1 2027. However, I also recognized that with America nearing a significant milestone—its 250th birthday—there'd be immense interest in celebrating this achievement. Thus, we developed a U.S.-specific edition, entitled Investing in America, releasing on July 4th. It’s priced at $76, in homage to the year 1776, with all proceeds directed towards the Invest America charity.
Creating this book diverged from my past publishing methods. Traditional publishers expressed disinterest, but after listening to insights shared on a podcast by Nick Kokonas and Tim Ferriss, an alternative path emerged.
We collaborated with Scribe to achieve a visually striking book. Their expertise has been invaluable, and I’d recommend their services to others. I plan to discuss the publishing process further in an upcoming podcast for interested audiences.
In the meantime, consider picking up a copy—perhaps even 50, as there are bulk discounts of 33% and 50% available for larger orders, incentivizing collective investment in knowledge.
Happy 250th birthday, America! 🇺🇸