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Andrew Tobias

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Andrew Tobias
Andrew Tobias

Money and Other Subjects

Two Things You Can Never Be

July 11, 2025

But first . . .

Some will decry this powerful 30-second spot.  (But have they read Project 2025?)

Others will share it widely.

Your call.


SQNS

Rob N.: “The original purchase price you cited as ’55 cents’ is misleading.  In October 2024 my 2000 shares became 800 shares with a reverse split.”

→ Yikes!  You’re right!  Sorry:  Adjusted for the split, it’s up not from 55 cents but, rather, from $1.38.

I sold much of mine yesterday between $3.90 and $5.40.


NOOM

NOOM is not a stock symbol, it’s the weight loss / fitness / health app I have on my phone that I forgot to tell you about at the end of yesterday‘s VERU anecdote.

They’re related:

> VERU, because it has a drug in development that could solve the muscle-mass-loss problem some people on Ozempic, Wegovy, and Mounjaro experience . . . which could make us shareholders rich.

> NOOM, because — if you prefer not to go the drug (or personal trainer) route — you may find, as I have, that Noom works, too.

And as someone once (shallowly? imperiously?) said: You can never be too rich or too thin.

Even if that’s not true, most of us are in no danger of being either.

 

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"Between persons of equal income there is no social distinction except the distinction of merit. . . . That is why idiots are always in favour of inequality of income (their only chance of eminence), and the really great in favour of equality."

George Bernard Shaw (with whom I feel like an idiot disagreeing)

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