Part 7/9:
In fact, over the last two decades, companies classified under either party show similar long-term returns, emphasizing that investors should focus less on political affiliation and more on economics and market health.
Misconceptions About Energy and Investments
Graham also highlights misconceived expectations regarding energy sector investments, particularly under the Trump and Biden administrations. Despite assumptions that traditional energy would flourish under Trump and clean energy would thrive under Biden, historical performance reveals a more complex narrative where contrary expectations have often been played out.