Andrew Tobias Quotes.
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.
There are only two things as complicated as insurance accounting and I have no idea what they are.
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.
In short: Readily available low-cost life insurance would be a threat to the industry, and whatever threatens the life insurance industry threatens America.
You want 21 percent risk free? Pay off your credit cards.
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.
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.
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.
Now listen. You can’t fool all the people all the time– but I want you to try.
Man’s natural life span, 75 to 90 years or so, has not increased. It is the number of us who manage to attain it that has increased.
There’s no such thing as altruism.
Still, most people don’t have much money. So finding ways to come out a couple of thousand dollars ahead every year still matters.
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.
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.
Nobody wants campaign finance reform more than me. It would save me a fortune.
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.
Life insurance in America has traditionally been dominated by mutual insurers. Twelve of the fifteen largest life insurers are mutuals.
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.
