My Vast Fortune: An Investor's Fiscal Triumphs and Money Misadventures First Edition

by Andrew Tobias (Author)

12 ratings

ISBN-13: 978-0156006224

ISBN-10: 0156006227

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Tobias, “the funniest of financial writers” (Newsweek), writes a “refreshingly honest” chronicle (Kirkus Reviews) of his own financial exploits and escapades, in a book that is part financial memoir, part investment how-to, and part comedy of errors. Index.

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Editorial Reviews

Review

"Mr. Tobias doesn't boast in his book about his investing accomplishments. In fact, he is amusingly self-denigrating.... What Mr. Tobias really means to do in My Vast Fortune, besides amuse us, is to instruct his readers on the care and feeding of their vast fortunes. Along the way, he warns what tax shelters to avoid ... defines the difference between a co-op and a condominium ... and advises how much to give away.... Tobias tickles both your sense of humor and your fancy. You are inspired, upon closing the book, to rush out and save your money." -- The New York Times

About the Author

ANDREW TOBIAS is the author of twelve books, including the New York Times bestsellers Fire and Ice and The Invisible Bankers. He has been a regular contributor to such magazines as Time, New York, and Parade, and cohosted the PBS series Beyond Wall Street. He currently serves as a treasurer for the Democratic National Committee.

Product details

Series: Harvest Book
Paperback: 224 pages
Publisher: Mariner Books; First edition (November 5, 1998)
Language: English
ISBN-10: 0156006227
ISBN-13: 978-0156006224
Product Dimensions: 5.2 x 0.6 x 8 inches
Shipping Weight: 7.2 ounces (View shipping rates and policies)
Customer Reviews: 12 customer ratings
Amazon Best Sellers Rank: #4,291,792 in Books (See Top 100 in Books)
- #9569 in Business Professional's Biographies
- #4026 in Business Finance
- #8203 in Introduction to Investing

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Wibby

disappointed

Reviewed in the United States on January 22, 2014

Verified Purchase

I usually enjoy books by Andrew Tobias. This one contained an interminable harrangue about auto insurance and Ralph Nader. Really too long. And too involved. I have had my share of dealings with insurance companies and with trial lawyers.
Tobias is usually succinct; not this time.

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gabi kao

good way to review your own finances

Reviewed in the United States on May 5, 2013

Verified Purchase

we often forget (or do not want to) deal with a lot of what we have to, especially finances. This book makes you think about what you are doing

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AmericanWoman2012

The Title of this Book is Brilliant

Reviewed in the United States on June 28, 2019

I read all that was available from the "look inside" function. The title and the intro were brilliant. There's nothing of substance in the "Look Inside" part, but it was a fun read. I understand from what I read - which is my only intro to Tobias - that he would be a simply awesome person to know and if I ever get a project I'd like to work on with someone of like mind, he'll be the first one I think of.

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TopCat19

More Gold From Andrew Tobias

Reviewed in the United States on September 4, 2013

I realize that this book is several years old (the hardback came out in 1997), but the ideas and stories are just as relevant today as they were back then. I found my copy a couple of days ago when I found a box of books that had been packed away for about ten years, picked it up and read it through again and enjoyed it just as much the second time around. You will have to make allowances for dollar amount and current event references, but that (for me anyway) did not detract at all from the book.
A word of warning, this is not a rehash or continuation of his most famous book, "The Only Investment Guide You Will Ever Need", it's pretty much what the title suggests, a recap of his various investments and other related and not-so-related topics, liberally sprinkled with wry and humorous observations. This is a fun book to read, and it's one of the few books of its type that can bring a smile to your face, and maybe even a laugh-out-loud moment or two. And underneath it all, in a low-key sort of way, this book makes you think. And that's a good thing. This might be an olde, but it's definitely a goody.

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James H. McDuffie

Andrew Tobias shares his financial and political adventures

Reviewed in the United States on March 11, 2003

In this volume Andrew Tobias shares his adventures in personal finance and politics. The political part is only relevant as a guide to how things are actually done in that arena and also as a warning about how such things affect one's personal finances ( and perhaps as a plug for auto insurance reform). Tobias uses his personal experiences to support his position that slow wins the personal fortune game, even for those with a small fortune to start with. His involvement with auto insurance reform cost him money. His real estate investments are still up in the air. His Russian company and advertisments on smoking hazards worked to a degree. What is really great about this book is that Tobias takes you along on a ride through his personal finances:where his money came from, where it went to. Those looking for a finance guide in this book alone will be disappointed. It is more like the "laboratory research" that supports his point of view in The Only Investment Guide You'll Ever Need. The only quibble I have with the book is that Chapter 6 Your Vast Fortune appears rushed and scattered. As another reviewer pointed out most of this book is magazine articles collected together. It may be that the parts written to hold it all together are second rate. However, the book is humorous and a good read. It is definitely worth the time. It is also very self-effacing although I am not sure of the sincerity of the author in this regard.

8 people found this helpful

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Eric Haines

Enjoyable, though sometimes it rambles

Reviewed in the United States on September 19, 2000

The other reviews cover the contents quite well. This is a book that has tidbits which have stuck with me over time, such as Tobias' account of how he purchased air-time in Russia to warn people there about the dangers of smoking and foreign cigarette companies. Probably the most influential chapter for me in this election year is the one on auto insurance reform, in that it paints a picture of Ralph Nader as someone who is all-too-human on this issue. Mr. Nader appears to make up his mind early on to support his lawyer friends, and has a "please don't confuse me with the facts" attitude. Obviously this is Tobias' own view of the world, but as a liberal and a man whose father helped Nader first become famous, he is sad to see Nader refuse to even discuss the issue with him.
The book occasionally meanders through topics and areas with little focus, such as his account of protracted real-estate headaches. That said, it is enjoyable overall in many ways and I definitely recommend it.

6 people found this helpful

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Manola Sommerfeld

Tongue-in-cheek autobiography, serious financial advice

Reviewed in the United States on July 31, 2002

Ah, the elusive and mysterious world of personal finance. I first heard of Andrew Tobias from his website, where he dissects and explains all mutual funds expenses. Not all no-load funds are created equal, and I realized that thanks to him. This book is great to get a sense of who Andrew Tobias is, what his core investing philosophy is, and be entertained in the meantime (he has lived a fascinating life). I can see where those readers who know a couple of things about personal finance might be a bit frustrated with the book, which is more than anything an autobiography. It was certainly worth my while to read it, and I recommend it.

4 people found this helpful

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Jayfred

Reviewed in the United States on February 6, 2017

OK. Not bad but not great.

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My Vast Fortune: An Investor's Fiscal Triumphs and Money Misadventures First Edition

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