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Andrew Tobias

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Andrew Tobias
Andrew Tobias

Money and Other Subjects

It’s Not the Dogs’ Fault But You Still Want to Kick Them

December 11, 2006March 5, 2017

MEDIAN HOME PRICES ARE WORSE THAN THEY APPEAR . . .

. . . because the published statistics are based only on homes that have sold – not those languishing on the market. Click here for the story. And don’t rush to buy a second home just yet; prices could have further to fall. Which could make for a tough economy; so don’t be buying stocks on margin or otherwise throwing caution to the wind.

But it’s the holiday season, and I don’t want to depress you, so . . .

THE WHITE HOUSE HOLIDAY VIDEO

James Musters: ‘Um…. I think they have lost grip of reality.’

☞ Click here if you haven’t seen it. ‘Cute’ may not be the mood we’re looking for from the White House just now – but maybe that’s just Mr. Musters and me.

TWINKIES

This isn’t cute, it’s treacly. Sap that I am, I liked it even so. (Do you cry when you watch ‘It’s a Wonderful Life’? No? Well, then, skip this and go kick a dog [perhaps one of the ones in the White House holiday video].)

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Quote of the Day

"Guys, just remember: if you get real lucky, if you make a lot of money, if you go out and buy a lot of stuff, it's gonna break. You got your biggest, fanciest mansion in the world. It has air conditioning. It has a pool. Just think of all the pumps that are going to go out. Or go to a yacht basin any place in the world. Nobody is smiling and I'll tell you why: something broke that morning. The generator's out, the microwave oven doesn't work, the cook's gay. Things just don't mean happiness."

Ross Perot to Harvard B-School students, quoted in Forbes

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