Trump’s Animal Spirits
James Fallows, in the October Atlantic, says Jane Goodall told him that Donald Trump reminds her of a chimp:
In many ways the performances of Donald Trump remind me of male chimpanzees and their dominance rituals,” Jane Goodall, the anthropologist, told me shortly before Trump won the GOP nomination. “In order to impress rivals, males seeking to rise in the dominance hierarchy perform spectacular displays: stamping, slapping the ground, dragging branches, throwing rocks. The more vigorous and imaginative the display, the faster the individual is likely to rise in the hierarchy, and the longer he is likely to maintain that position.”
Many 401-k investors are bullish because stocks have hit record highs. But Clinton Foundation investors – not so much.
Well, at least one Clinton supporter has done ok. Warren Buffett’s Berkshire Hathaway is up 8% since the election.