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

The Court: Too August To Be Televised

April 10, 2014

THE COURT

How one longs for the days of nonpartisan Justices making wise decisions.  Very hard to see Bush v. Gore as having been such a decision.  And once Bush was installed and moved the Court further right, we got this:  Five minutes from Jon Stewart guaranteed to make you laugh and cry.

EXPENSIVE DRUG

Would it be in some way death-panelish to suggest that we shouldn’t be paying $28,000 for vials of a drug that, according to Forbes, cost $50 when first approved in the 1950s?

CHEAP STOCK

Tom Martel: “Is there something going on with BOREF that is driving down the price?  Or is the lack of (good) news allowing it to slip?”

☞ Patience is hard to sustain.  I am only good at it because I’m wildly diversified (so there’s always something going on) and because of my Friendly’s Ice Cream experience, where I held on for a couple of years — an eternity to a 25-year-old — only to sell days before it was acquired at a higher price.  Scarred for life.

And because I’ve seen it rewarded.

I bought 1,000 shares of TPL (Texas Pacific Land Trust) in 1995 at $4.35 — a stock that could hardly be more different from BOREF, except that it was pretty obscure and seemed to represent a lot of potential value.  The only piece of the story relevant here is that I sold some of it yesterday at $125.

I have others like this — and of course lots that are worthless.  But if you’ve bought BOREF with money you can truly afford to lose, whether you paid $3 or $21, I would just wait.  E-Taxi of some kind strikes me as inevitable; WheelTug seems to have the best solution; why is that not potentially worth a lot of money?

 

Post navigation

← An Easy Action Step That Could Help
The Stop Hillary PAC →

Quote of the Day

"Surplus wealth is a sacred trust which its possessor is bound to administer in his lifetime for the good of the community."

Andrew Carnegie

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

  • Superpower Vacuum

    June 24, 2026
  • Thwarting Their Plans

    June 23, 2026
  • It's Catching On

    June 22, 2026
  • Pro-Coal, Anti-Diversity, a Question -- and a Bonus!

    June 19, 2026
  • Testing My Happy Gene

    June 18, 2026
  • Bananas!

    June 17, 2026
  • Freezing Bananas

    June 15, 2026
  • They're leaving MAGA

    June 13, 2026
  • Semi-Corrections

    June 12, 2026
  • Winning In Maine; Losing in New York

    June 11, 2026
Andrew Tobias Books
  • Facebook
  • Twitter
©2026 Andrew Tobias - All Rights Reserved | Website: Whirled Pixels | Author Photo: Tony Adams