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Andrew Tobias

Money and Other Subjects

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Andrew Tobias
Andrew Tobias

Money and Other Subjects

Let’s Hope So

May 3, 2023

Remember how, the last time fascism threatened, the New World came to the aid of the Old?

I am encouraged to think that a new version of this may play out as young people — once notoriously disengaged — step in to save democracy.

Younger voters are poised to upend American politics.



Not to push our luck, but those who bought CHRA between $1.50 and $3 last month for what became a quick double or triple might now want to reinvest some of that — if it remains money they can still truly afford to lose — in CHRB, the 8.5% “note” I’ve mentioned before.  It promises to be redeemed at $25 in 2026, while paying $2.125 a year interest along the way.

 

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Quote of the Day

"Between persons of equal income there is no social distinction except the distinction of merit. . . . That is why idiots are always in favour of inequality of income (their only chance of eminence), and the really great in favour of equality."

George Bernard Shaw (with whom I feel like an idiot disagreeing)

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