What'd I Miss? By: Gabriel PotterMBA, AIFA® 2016.03.30

Avid readers may note that we missed a scheduled blog posting for last week.  I took advantage of the shortened work week to take a few days of staycation at the house.  During that time, I was able to catch up a bit on our current cultural touchstones:  the new season of House of Cards, and the original Broadway cast recording for Hamilton.  I am a political junkie, and that trait only gets stronger during election years, so it is natural that my spare time includes catching up on fictional, historical, and real-world political maneuvering.  Many of the pundits have spent a lot of thought (and ink) decrying how far-fetched and implausible our current political environment would appear if written for a television show like House of Cards, except that it’s all real.  On the plus side, the historical-musical Hamilton reminds me that, despite our apparently toxic environment, there is nothing new about grudges, shifting allegiances, backstabbing, scandals, and suspicious compromises.  It’s tempting to get drawn into the hype you hear every 2 years (or 4 years if you only vote in presidential elections) that this is the most important election and all you hold dear will be lost if our candidates lose.  As the rhetoric really starts to heat up over the next few months, maybe we can take a step back from these panicked proclamations and consider that our system operates slowly by design, often needing multiple elections (or very high levels of consensus) to radically move the needle on anything. 

Gabriel Potter

Gabriel is a Senior Investment Research Associate at Westminster Consulting, where he is responsible for designing strategic asset allocations and conducts proprietary market research.

An avid writer, Gabriel manages the firm’s blog and has been published in the Journal of Compensation and Benefits,...

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