Douglas Casey
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Douglas Robert Casey (born May 5, 1946 in Chicago, Illinois) is an
American American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, pe ...
writer, speculator, and the founder and chairman of Casey Research. He describes himself as an
anarcho-capitalist Anarcho-capitalism (or, colloquially, ancap) is an anti-statist, libertarian, and anti-political philosophy and economic theory that seeks to abolish centralized states in favor of stateless societies with systems of private property enforce ...
influenced by the works of novelist
Ayn Rand Alice O'Connor (born Alisa Zinovyevna Rosenbaum;, . Most sources transliterate her given name as either ''Alisa'' or ''Alissa''. , 1905 – March 6, 1982), better known by her pen name Ayn Rand (), was a Russian-born American writer and p ...
.


Early life and education

Casey graduated from
Georgetown University Georgetown University is a private university, private research university in the Georgetown (Washington, D.C.), Georgetown neighborhood of Washington, D.C. Founded by Bishop John Carroll (archbishop of Baltimore), John Carroll in 1789 as Georg ...
in 1968. He was raised
Roman Catholic Roman or Romans most often refers to: *Rome, the capital city of Italy *Ancient Rome, Roman civilization from 8th century BC to 5th century AD *Roman people, the people of ancient Rome *'' Epistle to the Romans'', shortened to ''Romans'', a lette ...
, but later became an
atheist Atheism, in the broadest sense, is an absence of belief in the existence of deities. Less broadly, atheism is a rejection of the belief that any deities exist. In an even narrower sense, atheism is specifically the position that there no ...
. He is the son of Eugene B. Casey, a multimillionaire real estate developer.


Career

Casey's 1979 book ''Crisis Investing'' was number one on ''The New York Times'' Non-Fiction Best Seller list in 1980 for 29 consecutive weeks. It was the best-selling financial book of 1980 with 438,640 copies sold. Casey has a wine and residential sporting estate project called Estancia de Cafayate in
Salta Province Salta () is a province of Argentina, located in the northwest of the country. Neighboring provinces are from the east clockwise Formosa, Chaco, Santiago del Estero, Tucumán and Catamarca. It also surrounds Jujuy. To the north it borders Boliv ...
,
Argentina Argentina (), officially the Argentine Republic ( es, link=no, República Argentina), is a country in the southern half of South America. Argentina covers an area of , making it the second-largest country in South America after Brazil, th ...
. Casey has recommended investing in gold.


Casey Research

Casey Research publishes a financial
newsletter A newsletter is a printed or electronic report containing news concerning the activities of a business or an organization that is sent to its members, customers, employees or other subscribers. Newsletters generally contain one main topic of int ...
from an
Austrian School The Austrian School is a heterodox school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result exclusively from the motivations and actions of individuals. Austrian school ...
anarcho-capitalist perspective which advises on the purchase of microcap stocks,
precious metal Precious metals are rare, naturally occurring metallic chemical elements of high economic value. Chemically, the precious metals tend to be less reactive than most elements (see noble metal). They are usually ductile and have a high lustre. ...
s, and other investments.


Views and approach

Casey describes himself as a
contrarian A contrarian is a person who holds a contrary position, especially a position against the majority. Investing A contrarian investing style is based on identifying, and speculating against, movements in stock prices that reflect changes in th ...
. He applies this view to investment, economic interpretations, and government. He has said, "You've got to be a speculator today. It's no longer possible to work hard and save your money and get ahead in life." Casey has been critical of an interventionist foreign policy.


Books

* ''Strategic Investing'' (1982). Paperback: * ''The International Man'' (1976). Hardcover: * ''Crisis Investing : Opportunities and profits in the coming great depression''. (1979). Hardcover: . Paperback: . * ''Crisis Investing for the Rest of the 90s'' (1993). Paperback: . * ''Totally Incorrect: Conversations with Doug Casey'' (2012). Paperback: . * ''Right on the Money'' (2013). Paperback: .
John Wiley & Sons John Wiley & Sons, Inc., commonly known as Wiley (), is an American multinational publishing company founded in 1807 that focuses on academic publishing and instructional materials. The company produces books, journals, and encyclopedias, in p ...
* ''Speculator (with John Hunt)'' (2016). Paperback: . High Ground Novels * ''Drug Lord (with John Hunt)'' (2017). Paperback: . High Ground Novels * ''Assassin (with John Hunt)'' (2020). Paperback: . High Ground Novels


References


External links


Official Website
*
YouTube Channel
Doug Casey's Take {{DEFAULTSORT:Casey, Doug 1946 births Living people 20th-century American economists 20th-century American male writers 21st-century American economists 21st-century American male writers 21st-century American novelists American anarcho-capitalists American atheists American expatriates in Argentina American finance and investment writers American former Christians American investors American libertarians American male non-fiction writers American male novelists American political writers Austrian School economists Economists from Illinois Economists from Vermont Georgetown University alumni Non-interventionism People from Lamoille County, Vermont Writers from Chicago