Capital--will go where it's wanted.

"Capital, both money and ideas, will go where it is wanted and stay where it is well treated."--Walter Wriston

Walter Wriston was the last great CEO of Citibank, where he served from 1967-1984, he understood capital. I've always thought that this business of money management was really rather simple. Sure we try and make it seem very complex and mysterious at times, but the simple fact is that if you follow the money you will probably be successful. Follow the capital and the talent and you will be able to predict the fortunes of companies, cities, states, and countries.
Just ask this simple question, do organizations attract money and talent, or do they repel them?
Why do our brightest want to work for Google or Apple, and not Xerox or Kodak?
In the early days of America we attracted talent from all over the globe. Why? Because we gave them freedom to pursue their dreams, we treated them fairly and we welcomed all kinds. Today we still attract the worlds brightest to our university's but then we turn them away after graduation.
Luckily in the 1930's the Nazi's initially rejected nuclear physics as "Jewish science".
Is our country striving to attract capital, or are our tax policies driving more and more of it to friendlier foreign shores?
Is your local community attracting new businesses or driving them away?
Is the firm you work for attracting the best and brightest?
Keep things simple; when you vote, vote for capital friendly politicians. And when you invest, invest where the capital is being welcomed and well treated.