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Andrew Tobias

Money and Other Subjects

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Andrew Tobias
Andrew Tobias

Money and Other Subjects

A You-Tube, Two Stocks, and a Movie

June 26, 2006January 15, 2017

Friday we had whales. Today, if you have broadband – monkeys. Highly evolved. (Thanks, Andy Shore.)

FMD

Suggested here at $38.10 in March, it closed Friday at $56.48. Then again, LEA, suggested last November at $28, closed at $22.74. I am holding both, albeit more of the former than the latter. If you bought them with money you can afford to lose, you should consider holding them also. (If you bought them with money you can’t afford to lose, you’ve been a bad reader. Bad reader. Bad.)


If they made a movie about YOUR HOUSE, would you go see it? Well, they have.

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"Yap islanders ... use special kinds of stones as money. ... Some of them are too large to move, but everyone knows who owns them."

James S. Duesenberry (Money and Credit: Impact and Control)

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