Thursday, January 18, 2018

Betting Trump

Other than a rare but friendly poker game I am not a gambling man.  However, if you want to have some fun Google:  Betting Trump.  Doing so will result in about 4,760,000 results in .50 seconds including everything from the odds of President Trump's impeachment, to how long between tweets, to the odds of Special Counsel Robert Mueller being fired, when the wall is going to be built to how long the 45th POTUS can go in a 24-hour news cycle without becoming the center of some sort of controversy.  And 4,759,995 additional results.

If you are an astute Googler you will take note of an article from BloombergView which advances the hypothesis that if you invest in those companies that President Trump disparages you may just find that being on the bad side of Trump doesn't hurt.  Imagine that.

There is the Oligarch Index comprised of Trump-friendly corporations which has slightly trailed the S&P 500 with respectable returns.  Then there is the Drain the Swamp Index made up of businesses specifically singled-out for presidential scorn.  Surprisingly, the Drain the Swamp Index crushes the other indexes.  Biggly.  The margin being Yuuge!  

In any event I never dispense any advice about stocks or stock picking as that is too much like gambling and you already know I'm not a gambler.  Nevertheless, the article is worth a read and you will find it at this link.

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