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Andrew Tobias

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Andrew Tobias
Andrew Tobias

Money and Other Subjects

Carl’s View

July 15, 2025

SQNS

Sold more at $5.50, have about 25% left . . . if it keeps wanting to go up, who am I to stop it?


OPRT

They settled.  The stock slipped a bit on disappointment.  If I didn’t already have so much, I’d buy more.  If it goes lower, I may anyway.  Not to say anything is guaranteed; but it’s selling around 5X projected earnings . . . with potential for much higher earnings in years to come.


SCARY, INSIGHTFUL 2 MINUTES

Ezra Klein: how previously decent people can be transformed.


CARL’S TAKE ON YESTERDAY’S POST:

“What you and you Democrat, Socialist, Communists have done to and still doing to this country is despicable.  Your loathsome leaderless party sinks to the lowest depths possible!”

→ Like all the comments Carl sends me daily, this one makes no sense and is supported by no facts.

Biden left us with an economy the Economist dubbed “the envy of the world,” crime was falling, inflation was falling, and the only reason the border crisis had not been solved in a tough but humane way was that Trump killed the long-sought, hard-won bi-partisan legislative compromise Biden was poised to sign.

But Carl knows otherwise.

He knows “Russia” was a hoax because he hasn’t read Volume 1 of the Mueller Report.  Knows Trump did not obstruct the Mueller investigation, because he hasn’t read Volume 2.  He is an intelligent man who knows that if he did read those reports, he would have to reassess.

By the same token, he knows things were horrible in America under Obama and Biden because Trump says they were; wonderful under Trump 1.0 and even better now because Trump says they are.  And that’s good enough for him.


BONUS

Don’t worry about Robert Reich.

 

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Quote of the Day

"Stocks have reached what looks like a permanently high plateau."

Irving Fisher, Professor of Economics, Yale University, 1929.

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