As we wind down April and reflexively question whether it best to “sell in May and go away” (the answer is no) I can’t help but think Warren Buffett said it best when he quipped, “ I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner, or later, one will”. While he was referring to picking winners in the stock market, it’s safe to say the same could be said of investing in the United States of America itself, where despite the constant idiocy and self-sabotage emanating from Washington, we keep moving forward.
The unpredictable weather patterns serve as a worthwhile metaphor for the market this past month, let’s just say “wild” comes to mind.
Have you ever wondered how to apply March Madness to your financial well-being? There may be parallels between your bracket selection and investing.