My answer is three-fold:
1. I invest in PEOPLE and RELATIONSHIPS:
I surround myself with the world's most successful investors, entrepreneurs, inventors, leaders, thinkers, and doers.
These relationships mean more to me than anything I own or will ever own, and everything that I do is directly affected by - and in most cases, a direct result of - these relationships.
Beyond personal advisors, friends, and confidants, I fill the Sovereign Man Teams with many of the outstanding individuals I meet...
...like the investment arm of Sovereign Man led by Chief Investment Strategist Tim Staermose and extraordinary financial minds like Tim Price.
2. I invest in REAL, TANGIBLE ASSETS (like productive businesses):
Beyond private equity investing - in which we fund the growth of successful, privately held companies...
We also buy companies that are a great match for our skill sets or complementary to our other businesses.
And, as you know, we invest in productive farmland and real estate...
See, our approach is simple: we look for no-brainer deals, in which we can buy an asset on sale for far less than what it's worth (a lot like the value stocks we're discussing in this letter).
This seems like common sense - and it is - yet most financial "experts" MISS this simple, critical component to wealth preservation and growth.
3. I invest in VALUE STOCKS:
The first two items listed above - investing in people and investing in assets like businesses and property - require a considerable amount of time, energy, and capital.
Logically, it makes sense to look for a way to generate a solid return on capital while taking limited risk, and WITHOUT spending a lot of time and energy performing due diligence and figuring it all out.
That's why we have some of the world's best financial minds on our team...so you and I can benefit from their hard work and brilliant analysis...
See, creating a scenario in which you can put your savings to work for you - not with more time and energy sunk in, but by increasing your financial sophistication and following the advice of vetted, responsible, incredibly successful financial professionals who think like you - was the driving force behind starting Price Value International.
And it's why I'm proud to be able to offer such an extraordinary service at such an incredible bargain.
I'll see you on the inside.