Barton Biggs

Barton Biggs, the well-known former Morgan Stanley strategist, who sadly passed in 2012, asks an interesting question at the beginning of his book, Wealth, War & Wisdom: “How do you preserve wealth in times when the Four Horsemen are on the loose?” (By Four Horsemen, Biggs refers to “pestilence, war, famine and death.” See also Revelation 6:8.) Back in 2008 (when Russia invaded Georgia - some things never change), Biggs gave Wealth Management (then still Registered Rep.) an exclusive look at...

"Then in May 1942, just before the United States’ military fortunes in the Pacific improved, in the midst of the gloom and the bargains and at the point of maximum bearishness, the U.S. stock market made a bottom for the ages." Barton Biggs Wealth, War & Wisdom, 2008 Barton Biggs was probaly one of the finest mind on Wall Street.

Amidst a recent wave of Cambodia Daily-related social media reminiscing, a video was posted showing the Daily staff holding an emergency meeting to discuss government threats to shut the paper down. That video was not shot in the last few weeks, however; it was shot in 1995. I was the editor of the paper in those days, and I led that meeting. But after all these years, my memory of the situation – what led to the threat, and how the situation was resolved – was far from clear.