Election and Stocks


Most pollsters wrongly predicted Donald Trump would lose. And they were not the only so called experts to get it wrong.

Much has been said about all those professional political pundits, pollsters and prognosticators who totally misread the political election, after Donald Trump won on Tuesday. But they are not alone. In the final days leading up to the election, many Wall Street analysts and talking heads on financial news shows predicted the stock market could face a 5, 10 or even 15% decline in the days and weeks following a Trump victory.  read more »

Wall Street Reality Check

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Stocks rise and fall, businesses succeed and fail. How can you pick the winners?

A while back while waiting for a plane at San Francisco International Airport, a Silicon Valley Venture Capitalist recognized me as a business reporter, and approached me to offer an exclusive tip. In whispered tones he said the dirty little secret in the valley is that 90% of startups funded with venture capital fail. In mock shock I answered, is that all?

The fact is it's no secret. Want to make a small fortune investing in startups? Start with a large fortune. Want some more cynicism?  read more »