What Brewster’s Millions teaches you about leverage

The 1902 novel by George Barr McCutcheon doesn't just teach investors how to spend money, but how to make it too.

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Richard Pryor as Monty Brewster
(Image credit: Credit: Everett Collection Inc / Alamy Stock Photo)

Brewster's Millions is a 1902 novel by George Barr McCutcheonabout Montgomery Brewster, a young man who inherits $1m from his grandfather. However, shortly afterwards he receives an offer from his even richer uncle, who hated Brewster's grandfather.

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Dr Matthew Partridge
Shares editor, MoneyWeek

Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.

He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.

Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.

As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.

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