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Andrew Tobias

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Andrew Tobias
Andrew Tobias

Money and Other Subjects

The Case For Hope

May 10, 2024

I hand the microphone to Nick Kristof (one of my heroes):


More than three-quarters of Americans say the United States is headed in the wrong direction. . . . Instead of a City on a Hill, we feel like a nation in despair — maybe even a planet in despair.

Yet that’s not how I feel at all.

. . . I emerge from years on the front lines awed by material and moral progress, for we have the good fortune to be part of what is probably the greatest improvement in life expectancy, nutrition and health that has ever unfolded in one lifetime.


Worth reading in full.

Have a great weekend.



Oh, wait!

What Trump Promised Oil CEOs As He Asked Them To Steer $1 Billion To His Campaign

The headline says it all.

If only we had the video tape.  What an ad that would make.




RNGE

A sharp-eyed reader asked why I had sold my entire holding of 333,333 shares, as per this filing Wednesday.

I have not.  These were shares bought direct from the company which the company is now in the process of registering with the S.E.C. so that they can be freely sold someday.  I have no intention of selling them any time soon.  Also, the form should have reflected the substantially larger number of shares I had previously bought on the open market.  I’m not selling those, either.

As noted in the past, this is a speculation, to be undertaken only with money you can truly afford to lose!

 

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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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