Andrew Tobias
Andrew Tobias
Andrew Tobiasis an American journalist, author, and columnist. His main body of work is on investment, but he has also written on politics, insurance, and other topics. Since 1999, he has been the treasurer of the Democratic National Committee...
NationalityAmerican
ProfessionJournalist
Date of Birth20 April 1947
CountryUnited States of America
ideas two complicated
There are only two things as complicated as insurance accounting and I have no idea what they are.
jobs war america
There were no jobs created in America from 1945, when the war ended, through 2003. How could there be? Taxes were too high. Preposterously so under Eisenhower, Kennedy, Nixon, Reagan (who left office with a 28 percent rate on long-term capital gains) and Bush the Elder.
common-sense giving kind
What kind of bank gives back 65 percent-often less-of what you deposit? Indeed, when you compare the services of a bank and an insurance company, common sense suggests something is out of whack.
inspiration luxury giving
People don't need to find reasons to justify their not giving. What they need to find is the inspiration to give. And those who don't, but could afford to, are missing out on one of wealth's greatest luxuries.
successful winning self
But successful investors tend to be not too self-destructive. They tend to be patient, they tend not to follow the crowd, and they tend not to be too guilty about winning.
lunch legal-system faults
No wonder lawyers, who control the legal system, have fought so hard, and with great success, against "no fault" insurance. No fault, no lawsuits. No lawsuits, no lunch.
american-journalist confident foolish hope less mistakes money
I hope it will make them a lot more confident about money - and a lot less susceptible to foolish mistakes that could part them from it.