Blind Allegiance

23 June 2003

I’ve said many times that Andrew Tobias’s book titled The Only Investment Guide You’ll Ever Need is excellent. I have a hardback edition from the late 1970’s as well as several updates that been released since. There’s no better advice around for managing your money.

When I read words such as these, I simply cannot find the same human being’s thought processes at work behind them. Yet, the same guy, twenty or so years later says this:

Look at it this way: Do the 51 million folks who voted for Gore 537,000 more than voted for Bush wake up each morning thinking, Gee, this is really better than I expected! Weve got peace and prosperity, were funding the things that need to be funded, and, well the guy really is a uniter, not a divider. I dont think so.

He also said this:

And then look at the other side of it. Do the 50 million folks who voted for Bush wake up every morning feeling glad they did?

He’s simply lining up the counts for the upcoming election. Notice how he claims one person received 51 million votes and the other got 50 million, yet one of them won by 537,000 more. This simply is not the guy who put such careful attention into the numbers associated with personal finance. He’s clearly a person who has bet so much on his own horse that he must try in any way to convince himself and others that they won.

It’s actually rather pathetic.

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