Best 24 quotes of Andrew Tobias on MyQuotes

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.

Having no national system of catastrophic health insurance, we have, through the courts, managed to patch together pieces of a not very satisfactory one.

Hay fever suffers tend to be above average in intelligence.

It's very nice to be able to be who you are.

I was a writer for 'New York' magazine. I had been to business school, but what did I know? Still, everybody from the receptionists on up to the editor would ask me what they should do with their money.

Not surprisingly, the insurance lobby recoils in horror at the prospect of automatic coverage (including, when it was first proposed, Social Security), no matter how efficient it may be. Automatic coverage eliminates sales commissions and profit.

Now listen. You can't fool all the people all the time-- but I want you to try.

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.

One of the advantages of the book's having been out there for more than a quarter century is that there's been time for people to report back on what it's done for them.

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.

Rule of thumb: The more trimmings an insurance plan has and the harder someone is pitching it, the faster you should run.

Still, most people don't have much money. So finding ways to come out a couple of thousand dollars ahead every year still matters.

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.

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.

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.

The larger the deductible you choose, the less insurance you are buying. Insurers want to sell insurance.

The life insurance industry is filled with good people who believe in their work and their companies, but who may never have challenged the assumptions underlying their efforts.

The life insurance policies advertised on the radio with the line "You cannot be turned down for this coverage!" are actually saying, "For policies this small, it would cost us more to decide whom to turn down than simply to accept everybody - and make them pay through the nose.

There are only two things as complicated as insurance accounting and I have no idea what they are.

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?

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.

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.

You want 21 percent risk free? Pay off your credit cards.

In both cases, it is the prejudice, not the condition, that does the harm. It may be, as some would have it, that blacks are inherently inferior to whites or that homosexuals are all, by definition, sick. So what? Even if either condition truly is inherently undesirable, no manner of social pressure will turn blacks into whites or gays into straights. Social pressure will only exaggerate the handicap. It is still the prejudice, more than the condition, that does the harm.