The book a wealthy family reads before every decision. Forty pages. Twenty-one rules.
Acquire The CodexMost people who lose money in markets do so for the same handful of reasons. The Sterlings have watched it happen for a hundred and twenty years — in panics, in mania, in cycles named and unnamed. The rules that keep people solvent through all of it have not changed. Only the instruments have. This small book is what I have written down. Twenty-one rules. No more, no less. Read it once on a quiet evening. Read it again the night before you make a decision. Then keep it close.
In nineteen-oh-seven, J. P. Morgan saved the United States from his library. Three banks. One night. No internet. He had reputation, relationships, and the willingness to be the man who said — this stops here.