.... my guess at who is going to win does not extend to my investing, personally or professionally. As my team and I have documented relentlessly, making long-term investments based on who is going to be the President is on a par with sports betting or astrology. There are way too many additional variables that carry more weight for market outcomes than who wins the White House in any given election.
Tuesday, November 1, 2016
Quote of the day
While I've no doubt that the election is a factor for the market in the short run, I couldn't have said the following (from Josh Brown) any better myself: