Doug Casey's Crisis Investing

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Every parent needs to read this...

This Is The Most Important Book In The World For Your Child’s Future… (And That’s Not An Exaggeration)

Matt Smith @ Crisis Investing's avatar
Matt Smith @ Crisis Investing
Nov 08, 2025
Cross-posted by Doug Casey's Crisis Investing
"We can't save the world, but we're obligated to try to save the ones we love..."
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Matt Smith @ Crisis Investing

Hey everyone,

Matt Smith here.

For the past few years, I’ve been on a journey that started with a single, terrifying question…

My son, Maxim, was 18. He’d just finished high school (home school), and he had no idea what to do next.

And frankly, neither did I.

The default path we’ve all been sold—go to college, get a degree, get a job—felt broken. It felt like a trap.

Rising costs, ideological indoctrination, and degrees that no longer guarantee competence or opportunity… it was clear that modern academia had failed.

And now, with the exponential rise of AI, going to college has become the single worst financial decision a young person could make today.

Think about it. By the time a freshman graduates in four years, AI will have completely disrupted the global workforce. They’ll be spit out into an even more AI-dominant world in 2029, saddled with $150,000 in debt, maybe more.

They’d be completely screwed.

So, what’s the alternative?

That’s the question that led my son and me, along with my mentor, the legendary Doug Casey, to create “The Preparation.”

It’s a 4-year process, a “right of passage,” that replaces classroom memorization with real-world experiences. It’s designed to build virtue, values, skills, connections, and confidence in a young man or woman to navigate an increasingly unstable and unclear future.

And as my friend Mike Dillard so eloquently put it, “It’s fucking brilliant.”

Instead of turning someone into a specialist with a singular career path, The Preparation is designed to turn them into a “generalist” with the knowledge, skills, real world experience and the contacts needed to adapt to a rapidly changing world.

Over the past two years, Maxim has been pioneering this model. He’s…

•Gotten his EMT or Emergency Medical Technician license…

•Worked as an apprentice to an Uruguayan gaucho…

•Worked with a geophysics crew for a gold exploration company…

•Learned how to sail in the Falkland Islands…

•Started an agricultural drone business…

•He as even learned to fly a plane…

And that’s just scratching the surface.

He’s done all of this by the age of 20.

This process is providing him with a lifetime of real-world experiences, contacts, and opportunities that most adults will never see. And the best part? He’s getting paid along the way.

But don’t just take my word for it. The response from people I deeply respect has been overwhelming.

James Altucher, the bestselling author of “Choose Yourself,” called it “mandatory listening (and reading)” and said, “This is exactly what young people should do now instead of college.”

Tom Woods, the NY Times bestselling author, said, “When I read The Preparation, my jaw was on the floor. I thought: this is exactly what young men need today. It’s practical, brilliant, and long overdue.”

And Glenn Beck dedicated an entire episode of his podcast to it, titled “How to Make Men DANGEROUS Again.”

Ultimately, your child’s education isn’t about what they learn. AI can teach them anything they want to know.

It’s about who they become.

Will they become another beer-drinking frat-boy, saddled with debt and stepping into a world that doesn’t need them?

Or will they become a true renaissance man or woman, capable of adapting to a world that needs their adventurous, adaptable spirit, and real-world experience?

If you have a child or grandchild, or know any young person trying to find their way, here are three things you can do right now:

1.Buy a copy of “The Preparation” here on Amazon.

2.Subscribe to Maxim’s email newsletter to follow his journey as he documents this process.

3.Watch the fantastic interview with Glenn Beck here.

This is more than a book. It’s a new path forward.

I hope you’ll join us.

All the best,

Matt Smith

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