Louis Navellier Quotes
There is a substantial correlation between an election year and how the market finishes.
Navellier, Louis. Navellier Marketmail, Navellier & Associates, 2012.
The New York Stock Exchange had closed for the day after the assassination of President Kennedy. Lyndon Johnson called Funston to express his appreciation:
He distressed most of the other stock brokers on Wall Street by pointing out that if brokers were so smart, why would they not want to buy the stock for themselves rather than sell it to you. Therefore, he generally concluded that the best stocks are bought by the brokers and bankers for their own accounts, and the lesser quality shares are sold to the public.
Jobs led Apple when it became the technology company with the largest stock market valuation ever, yet he freely admitted that he did bit understand the market. He just ran a great company which produced wonderful, innovative products and paid relatively little attention to the stock market and Wall Street.
Louis G. Navellier is Chairman and Founder of Navellier & Associates in Reno, Nevada, which manages approximately $2.5 billion in assets. Navellier also writes four investment newsletters focused on growth investing: Emerging Growth, Blue Chip Growth, Quantum Growth and Global Growth, and can frequently be seen giving his market outlook and analysis on Bloomberg, Fox News, and CNBC.