Was Gridlock the Best Possible Outcome for Midterm Elections?
November 17, 2018 at 08:00 AM EST
By Frank Holmes via Iris.xyz Celebrated value investor Benjamin Graham, who mentored a young Warren Buffett, liked to say that the market is a voting machine in the short term, a weighing machine in the long term. Last week the market voted to reward stocks in the aftermath of the midterm...