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Andrew Tobias

Money and Other Subjects

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Andrew Tobias
Andrew Tobias

Money and Other Subjects

Pudding

June 30, 2009March 15, 2017

WEB SIDE STORY

Surprisingly good clean fun. (Thank, Hubert!)

NOW THIS IS UNLIKELY

Surprisingly kinky Muslims – and from the New York Times, no less.

DRIVEWAYS

Just to be clear: Richard has not painted his driveway white, and Charles and I have no driveway. Furthermore, the white-clad chap I had out “wandering in the dessert” was not wandering in pudding, it was just late at night when I posted that column. I meant “desert.”

Jeremy Cherfas: “You might be surprised to learn that white clothes are not always cooler. There are various explanations, which hinge on both the chimney effect – a nice breeze created within loose black clothes – and the fact that white clothes reflect the body heat back to the body. Here, here, and here.”

Judy Lawrence: “If Richard refuses to paint his driveway and climate continues apace, he won’t have to worry about the snow. It will be nice and warm in his part of the country. (‘Spaceship earth was so ingeniously designed that no one has a clue that we are on one, flying through the universe at a million miles per hour, with no need for seatbelts, lots of room in coach, and really good food, but all that is changing.’ – Buckminster Fuller)”

LET’S HEAR IT FOR BALD SPOTS

Jarett Chaiken: “If Richard Factor is correct, and I have no reason to believe otherwise, then we should all be driving white cars. Also I certainly haven’t seen the tops of every 18-wheel truck, but the one’s I’ve seen are all white already, as are UPS and Fedex trucks. Can auto manufacturers count that towards carbon credits?”

☞ The more reflective, the better. Let’s hear it for the folically challenged. But if you’re uncomfortable being bald, or shaving your head for the environment, you can wear a beanie windmill. (Am I being too flip? I refer you back to Earth 2100 for the underlying gravity of the discussion.)

CRTX

Chris Brown: “I sold the remainder of our CRTX today for an average price of $11.89. I still think it is a $16 stock in 2 yrs based on earnings, but discounting that back at 15%/yr gives a target close to $12. It’s not overvalued here, but it’s not compellingly undervalued either. Feel free to share with readers if you think it would be of value.”

☞ So I was too early selling last week for $10. But up from $3.80 in two months, there is a limit to how loudly I can oink. Thanks, Chris.

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