My Bespoke Roundtable Answers
Jeff Miller | Jan 09, 2012 11:42PM ET
For the last few years I have participated in two different "year ahead" preview articles -- one for The Bespoke Investment Group and one for Seeking Alpha. These are both excellent resources -- each valuable because of the specific approach taken.
Last week I suggested that readers join me in https://twitter.com/#!/BorowitzReport for an irreverent (but liberal) take on politics. I am a bipartisan consumer of political humor.
37) Do you have any other advice that you would like to share with readers as we enter 2012?
It is important to be open-minded about your investments, especially the global macro themes. We are in the political silly season, where many people have strong motivations behind their economic arguments. Most of those making comments are not trying to help your investments. I recommend that you join me in being politically agnostic, willing to make strong investment returns no matter who is in power.
I also keep an open mind. While I think that I can make the best returns for those willing to be aggressive, my main focus is on risk.
Most investors want to be cautious. The downside is more important to them than gains. They want to sleep at night. I respect this and have created enhanced income programs that will suit these investors.
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