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

Ugh.

November 9, 2016

Against all reason, we elected “a national disgrace” (Colin Powell) and defeated a woman Trump himself described this way.

It is at horrible times like this we want to crawl into a hole but, at our best, do not.

Instead, we recall the words of Senator Edward M. Kennedy, conceding defeat in 1980:  “Circumstances may change, but the work of compassion must continue. It is surely correct that we cannot solve problems by throwing money at them, but it is also correct that we dare not throw out our national problems onto a scrap heap of inattention and indifference. . . . For all those whose cares have been our concern, the work goes on. The work continues, the cause endures, the hope still lives and the dream shall never die.”

The dream shall not ever die — the arc of the moral universe is long but does bend toward justice.

Still, I went to bed thinking expectations of an 800-point drop in the Dow are most likely understated.  I think the sell-off over the next few days, as investors worldwide process what’s just happened, could be much worse.

With luck, I will be as wrong about that as I was about the impossibility of his being elected in the first place.

 

Post navigation

← Your Choice In 72 Seconds [corrected]
Ways He Could Surprise On The Upside →

Quote of the Day

"So we went to Atari and said, 'Hey, we've got this amazing thing, even built with some of your parts, and what do you think about funding us? Or we'll give it to you. We just want to do it. And they said, 'No.'"

Apple founder Steve Jobs

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

  • Has The WSJ Gone Commie?

    August 24, 2026
  • Vaguely Related Good News

    August 23, 2026
  • Socialism and Spam

    August 22, 2026
  • I Was Duped

    August 20, 2026
  • Three Cool Things

    August 20, 2026
  • Socialism Is So 1845!

    August 19, 2026
  • Let's Bring This Baby Home

    August 18, 2026
  • It's Time To Flee The DSA

    August 17, 2026
  • COLORADO V. CONNECTICUT

    August 16, 2026
  • Three Minutes And 20 Seconds

    August 13, 2026
Andrew Tobias Books
  • Facebook
  • Twitter
©2026 Andrew Tobias - All Rights Reserved | Website: Whirled Pixels | Author Photo: Tony Adams