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Andrew Tobias

Money and Other Subjects

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Andrew Tobias
Andrew Tobias

Money and Other Subjects

Yesterday Was Good

April 24, 2024

> Aid to Ukraine, Israel, Gaza, and Taiwan passed, to be swiftly signed into law.  Terribly late, but monumentally important.

It’s worth saying again:


Hurray for Speaker Mike Johnson.

Normally, nothing gets done in an election year.  But maybe the next thing we can see is passage of the bipartisan immigration bill that would solve the border crisis.  It was going to pass until Trump told his team not to, so the crisis would remain his best campaign issue.  Speaker Johnson is on a roll.  Improbably, he could go down in history as the man who broke the gridlock . . . continuing to work with next year’s likely speaker, Hakeem Jeffries, to put country ahead of party or cult.  Imagine: Congress the way the Founders envisioned it.




> The Trump trial was revealing.  The National Enquirer turns out to have been deeply in bed with Trump all along, eagerly headlining fake news, while suppressing some real stuff.

Will Ted Cruz sue the Enquirer and Trump for libel, now that its former publisher has testified they smeared him with “reckless disregard for the truth” and, arguably, with “malice” (as a public figure must prove to win damages).

Meanwhile, let’s say the jury convicts Trump weeks from now, as it may; how about this? Biden offers to commute his sentence — IF Trump agrees to stop stalling and allow the other cases to go to trial.

I know that’s not realistic.  But it’s fun to think about.



> OPRT was up 40%, presumably on news that a couple of strong new outside directors have been added to the board, and perhaps better-than-expected financial news.  As I suggested in December, there’s a path to a triple or a tentuple from here — but only with money you can truly afford to lose.  HYMC was up 10% — 67% in the past month and a half since last suggested.



May every day be as good.

 

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"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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