Quoting Gregg Hymowitz

Gregg Hymowitz, Managing Partner of EnTrust Capital is regular guest on several panels and forums discussing economics and politics in the American society.

In one of these forums Mr. Hymowitz was quoted as saying,

“You’ve already seen what the market is betting on. Clearly the market believes a Bush win would be good for the market, but it’s much more important to focus on valuations and quality companies.”

This is solid, common sense advice that would behoove investors to adhere to. It is dangerous and unwise to follow the crowd and invest in trendy things or in the market in general based on remarks of politicians, the latest movie hit or whether there will be rain or snow. According to Gregg Hymowitz investing in the stock market is not the same as betting on a horse race. It is rather a chance to put your faith in a company in which you believe will succeed based on objective criteria which can be investigated.