Jim Rickards: “Can I take you to Dinner?”
A few years ago, I attended an investment conference in Vancouver.
And after a full day of presentations, I went for a quick jog to clear my head.
When I got back to the hotel, I saw none other than Jim Rickards standing in the lobby with his suitcase.
Jim is one of the most renowned financial minds of our generation. I feel quite privileged to count him as a colleague, and have met him several times at our corporate offices in Baltimore
So of course I walked up and said hello.
Jim tilted his head a little and said an awkward “hello” in return.
He clearly didn’t have anything else to say, so I just nodded my head and got in the elevator to go to my room.
On the way up, it occurred to me that I must have looked very different in my sweaty shirt and visor.
Jim probably hadn’t recognized me… and was probably wondering why a random stranger approached him in the hotel lobby.
I walked into my room, wondering if I should head back down to remind Jim of our past meetings.
But as soon as the door to my room closed, my phone started ringing.
It was Jim!
He figured out who I was and was a little embarrassed for not recognizing me at first.
“Can I make it up to you by taking you to dinner? My daughter has reservations at a great local spot!”
It was an unnecessary gesture… but I’d never turn down a chance to have dinner with Jim Rickards!
After all, he’s done some fascinating things over his long career.
He was the principal negotiator of the rescue of Long-Term Capital Management L.P. (LTCM) by the U.S Federal Reserve in 1998.
He’s also advised the U.S. intelligence community — including the CIA — on how to interpret moves in the global capital markets.
And the media — from The Wall Street Journal to NPR — regularly reaches out to him for his latest analysis and insights on the economy.
So naturally I jumped at the chance to get to know him more personally.
We had a wonderful evening full of good food, insightful conversation and plenty of laughs.
Looking back, it’s surprising that I was able to slip past Jim undetected in the hotel lobby.
That’s because, as I learned, not much gets past him when it comes to the economy or the stock market.
And today, more than ever, it’s important to know what’s going on and how to protect your wealth.
So I’d like to share a message from Jim that I found particularly timely and helpful — especially as coronavirus fears are finally starting to infect Wall Street.
Here’s to growing and protecting your wealth!