It’s been months since we’ve seen Marie Kondo.
The “tidying” consultant from Japan caused an avalanche of donations to thrift stores when her Netflix series appeared in January. With her KonMari Method, things that no longer “spark joy” are donated or tossed. Doing so is said to bring mental clarity and a sense of calm.
If Marie wants a new project, I’d beg her to turn her attention to the financial drama industry – the whole nerve-wracked, hysterical, delirious media response to swings in the financial markets. This drama brings ratings but does nothing good for viewers.
I can imagine Marie visiting a viewer’s home or office and asking whether watching the financial news really does anything positive. Does it bring clarity? Might it be better to change the channel?
What investors need to know is fairly simple. Does the country still welcome business investment? Do they own sound, well-managed companies that can handle – and even profit from – the ups and downs of the economy? Answers to these questions take thought, something that is alien to the financial drama industry.
Next assignment: Once Marie has this sorted, can she do anything about our use of social media?
Barry Dunaway, CFA®
America First Investment Advisors, LLC
This post expresses the views of the author as of the date of publication. America First Investment Advisors has no obligation to update the information in it. Be aware that past performance is no indication of future performance, and that wherever there is the potential for profit there is also the possibility of loss.