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Andrew Tobias
Andrew Tobias

Money and Other Subjects

The Value of Free Investment Advice

December 18, 1996January 29, 2017

Yesterday, one of you asked about the prospects for oil drillers, and I provided some rather sage insider thinking on the topic (not my own, needless to say).

In rereading it, it occurs to me to remind you:

Free investment advice is worth what you pay for it.

Which is more than can be said for a lot of other investment advice.

Tomorrow: Big Daddy

 

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"If I am proved correct, the Germans will call me a German, the Swiss will call me a Swiss citizen, and the French will call me a great scientist. If relativity is proved wrong, the French will call me a Swiss, the Swiss will call me a German, And the Germans will call me a Jew."

Albert Einstein on his then-infant Theory of Relativity, 1921

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