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Andrew Tobias

Money and Other Subjects

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Andrew Tobias
Andrew Tobias

Money and Other Subjects

Fight Fiercely, Harvard!

August 12, 2008March 11, 2017

DO OUR KIDS HAVE IT AS GOOD AS WE DID?

Stephen Tumbas: ‘How does our daughter’s job offer of $33K per year compare to our first salary in 1972 of $10K?’

☞ Poor kid. To match your 1972 $10,000, adjusted for inflation, she needs to be getting $52K. Use this handy tool to see for yourself.

Then again, she gets 152 cable channels and has GPS and a camera built into her iPhone. It’s hard to measure true equivalence.

AN INCOME STOCK

I bought some CPNO at $30.45 yesterday. I like the 7.5% yield.

WHY LIBERALS LOSE

Here’s a theory for why Southern Democrats do better winning the presidency than the Stevensons, Mondales, and Dukakises (Dukaki?), Gores and Kerrys. (Hint: they fight back.) (Note: the writer has Vice President Gore having gone to Yale. Actually, it was Harvard.)

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7.5% →

Quote of the Day

"Markets are very good at what they do, in part because they harness greed and envy (in fact, all of the Seven Deadly Sins except sloth) and turn them into positive virtues."

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