The Sovereign Individual Investment Thesis

Customers can more easily leave and choose the option that works best for them. In future we’ll choose our jurisdictions and governments the way we chose our insurance policies or religions. Back then, choosing your religion was crazy, the way choosing our governments today seems crazy—or at least infeasible for most people.

People didn’t mind giving money to church when there was no other use for it, but after they could invest and earn money, giving money to the church made less sense. Same with taxes and governments. As soon as you rely less on the government to protect you, and (more importantly) notice other options for governance, you start to more critically eva... See more

The fact that anyone can build a portfolio means we’ll rely less on artificial gate-keepers of quality (e.g academia & media)

One other thing the book claims is that, until recently, technology has always led to increasing centralization. And for the first time, this trend is going to be reversed. That's what enables the Sovereign Individual.