- The Big Picture - http://www.ritholtz.com/blog -
Boskin’s Bottom Tick: Obama’s Killing the Dow
Posted By Barry Ritholtz On March 9, 2011 @ 1:30 pm In Investing,Politics,Really, really bad calls | Comments Disabled
Daniel Gross tweeted this blast from the past :
flashback: 2 years ago this week, Michael Boskin penned WSJ op-ed: “Obama’s Radicalism is Killing the Dow.” Market has nearly doubled since.
My post 6 months later — Michael Boskin on “The Obama Crash ” — pointed out how wrong Boskin was (which is pretty true about nearly everything he has ever said)
I even used that as an example in my be objective column for the Washington Post: Why politics and investing don’t mix .
I will say it here yet again:
1. Reality matters
2. Intense emotions are very dangerous to your returns
3. Control Distractions: Focus on what matters to your portfolio
4. Do your job: You are a fund managers, not a policy wonk
5. Have a plan, then execute it
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2011/03/boskins-bottom-tick/
URLs in this post:
 The Obama Crash: http://www.ritholtz.com/blog/2009/12/michael-boskin-on-the-obama-crash/
 Why politics and investing don’t mix: http://www.washingtonpost.com/wp-dyn/content/article/2011/02/06/AR2011020600114.html
Copyright © 2008 The Big Picture. All rights reserved.