Skip to content
Andrew Tobias
Andrew Tobias

Money and Other Subjects

  • Home
  • Books
  • Videos
  • Bio
  • Archives
  • Links
  • Me-Mail
Andrew Tobias
Andrew Tobias

Money and Other Subjects

Now That’s Rich

August 1, 1997February 3, 2017

Thanks to my cyber-pal Dave Davis for what follows.

Several years ago Sally Bedell Smith wrote a book called In All His Glory: The Life of William S. Paley (the late legendary founder of CBS). My favorite anecdote from the book is this one:

“It is a measure of Paley’s idolatry that he embraced so many of [John Hay ‘Jock’] Whitney’s friends and elements of his lifestyle. He even convinced CBS to buy Whitney’s private plane. To Paley, Jock Whitney embodied the ultimate in American masculine style. Yet Whitney’s influence was less in matters of taste than in the way he operated. ‘Bill,’ summed up Walter Thayer, ‘liked the way Jock lived.’

“A gentle rivalry flecked their relationship as a result. Once while watching television with Whitney at Greentree, Paley wanted to change the channel. ‘Where’s your clicker?’ Paley asked, figuring Jock would have a remote-control switch at his fingertips. Jock calmly pressed a buzzer, and his butler walked up to the TV set to make the switch.”

Now that’s rich.

“Incidentally,” writes Dave, “if you haven’t read that book, I recommend it highly. The hardcover edition is about two inches thick, but it goes very fast.”

 

Post navigation

← Closed-end Funds
Choosing the Perfect Mutual Fund →

Quote of the Day

"Oil's been discovered in hell! shouts a stockbroker at the Pearly Gates. All bolt; he follows. I know why THEY'RE running, St. Peter says, but why you? Who knows, says the broker. Maybe there's something to it!"

old joke

Subscribe

 Advice

The Only Investment Guide You'll Ever Need

"So full of tips and angles that only a booby or a billionaire could not benefit." -- The New York Times

Help

MYM Emergency?

Too Much Junk?

Tax Questions?

Ask Less

Recent Posts

  • Hidden Shame

    June 10, 2026
  • Looted

    June 9, 2026
  • R.I.P. CBS

    June 8, 2026
  • Platner, Collins, VERU, And An Important (Overlooked) Step On The Road to Autocracy

    June 7, 2026
  • Graham Platner

    June 6, 2026
  • Heather Cox Richardson

    June 4, 2026
  • Quick Takes From Four Heroes

    June 3, 2026
  • Items That Have Caught My Eye

    June 2, 2026
  • PRKR Hopes

    June 1, 2026
  • The Emperor And The Gladiators

    May 31, 2026
Andrew Tobias Books
  • Facebook
  • Twitter
©2026 Andrew Tobias - All Rights Reserved | Website: Whirled Pixels | Author Photo: Tony Adams