Being With Money
But first . . .
I just had my first plumogranate! Oh . . . joy!
And now . . .
This has suddenly shown up on the Internet — I have no idea why — and so . . . in the spirit of Nick at Nite . . . I offer you an hour and a half of my thoughts from September, 1987, a month or so before the Crash of 1987 . . . an interview conducted by Werner Erhard for participants who had paid I think $600 each to be part of this televised lecture series.
Watching it now, I naturally focus mainly on my hair. And whether I’ll ever brush the clump that seems to have fallen down back up into place. (I got distracted about half way through watching, so actually don’t know how it turns out. If I said anything particularly regrettable in the second half, chalk it up to youthful exuberance.) About eighteen minutes in, I note that Ford Motor stock is up 10-fold over the past few years and farmland down by about two-thirds, so a thirty-fold shift in the relative value of a share of Ford versus and acre of soil so — I said — maybe it was time to sell Ford and buy farmland. (I also suggested that stocks in general seemed a bit toppy.) With hindsight, you could have done worse.
But much of it is just the platitudes for which you have all paid me so well over the years (thank you very much), and which may be as true today as they were in Aesop’s and Ben Franklin’s day.
Anyway, it being summertime — when even “60 Minutes” is in re-runs — this quarter-century old re-run seemed as good an excuse as any for me to go for a swim. Watch?
Quote of the Day
A penny saved may be a penny earned, but it's one boring penny. A penny invested, on the other hand, bounces around. It gets bigger one day, smaller the next. A bit player in the drama of global finance, that penny buys a guy a balcony seat in the theater of macroeconomics.
~Susan StewartSearch
Request email delivery
Recent Posts
- Jan 22:
The Other Pillow Guy* - Jan 21:
How Great Was That? - Jan 20:
You Respond To Umair Haque - Jan 19:
The Three Big Lies - Jan 18:
Two Harvard Grads Still For Trump - Jan 15:
Of Insurrection, Inequality, And Your Stocks - Jan 14:
Meanwhile . . . - Jan 13:
Ronald Reagan Speaks - Jan 12:
What Do Adelson and Netanyahu Think? - Jan 10:
Post Trump, Post Truth
- Jan 22: