Subject: Re: Politics
"Ken Fisher always says "that you should ignore politics in your investing."

I dunno. Politics are relevant to economics which is relevant to investing. Government policies are relevant to investing. So are cultural shifts. Even Jim is making investment decisions based on his assessment of the political situation in the US, as he should.

IMHO it is an irrational attachment to specific ideas or opinions -- whatever they may be -- that should be ignored when investing. Someone posted here recently about Dunning-Kruger syndrome, which is quite apt. Charlie was very eloquent on this point over the years. We really don't know what we don't know.

Politics, energy policy, interest rates - these affect investment decisons, and a diversity of perspectives is healthy. That's why boards like this are invaluable. But as someone once told me, "Opinions are like a-holes - everybody has one."

This is a fantastic group, a-holes and all. Onward!

abromber