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
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.
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.
years america able
The best thing I have are 5 percent bonds from 1780, denominated from $1 to $20. As far as I can tell, they are obligations from the United States of America, so I should be able to walk down to the Federal Reserve and redeem the uncanceled ones. With 217 years of accrued interest, for a $20 bond, that's about $800,000.
commodity
Life insurance is a commodity.
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.
together pieces court
Having no national system of catastrophic health insurance, we have, through the courts, managed to patch together pieces of a not very satisfactory one.
people rich young
There's no question young drivers have far more accidents than older ones-but is it our aim to keep them off the roads? Or to allow only rich young people (who can afford the premiums) to drive?
summer winter people
Summers are the best. And I figured summer was my best time for meeting someone, too, because in the summer people are looking for someone to snuggle up with for the winter. And because in the summer I could take off my shirt.
long people offers
The industry cannot long offer unneeded or overpriced insurance if people will not buy it.
years america corporations
The first life insurance societies where formed in England in the years between 1692 and 1720. In America, life insurance became available to the clergy through the Presbyterian Ministers Fund, founded in 1759(still in existence), and the Episcopal Corporation, founded ten years later (subsequently merged).
hay-fever average suffering
Hay fever suffers tend to be above average in intelligence,...
buying want sells
The larger the deductible you choose, the less insurance you are buying. Insurers want to sell insurance.
fire house friendly
The first American insurance company was the Friendly Society for the Mutual Insurance of Houses Against Fire, founded in Charles Town in South Carolina, in 1735.
nice be-who-you-are able
It's very nice to be able to be who you are.