2016 Presidential Election Aftermath Investors just got handed a classic lesson in not trying to anticipate “macro” events like elections: –Number of experts predicting Trump win: < 10 (anywhere on the planet. Maybe). –Number of experts predicting markets would go UP after Trump win: 0. Of course, it’s too soon to know whether markets will...Read More
Updating John-Paul Sartre’s “No Exit” “On eve of election, deep divide.” –Headline, Star Tribune (11/6/2016) Everywhere you look, assorted pundits and talking heads are lamenting how polarized the electorate has become, and how futile any attempts to unify it are. Not me. I know a surefire way to unite the country. Ready? Here goes: Jail BOTH Hillary...Read More
Pots, Black Kettles, and Transparency in Government “The presidency is the most powerful political position on earth, and the idea of enabling the voter the chance to see how a candidate has handled his or her finances is a central part of making sure the right person gets the job.” –“I Support You, Donald Trump....Read More
Judging Hillary By Her Friends “I ask you to judge me by the enemies I have made.” –Franklin Delano Roosevelt [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.] No, you’re never going to read a headline officially announcing...Read More
Effect of Internet, Social Media: Faster Political Cycle(s) [Reader warning: the following piece contains opinions likely to offend Republicans, Democrats, and members of various other political parties. If you identify as one of those . . . stop reading now! The views expressed are solely those of the author.] One theory extant in presidential politics...Read More