It was Thomas Jefferson who said: “Every generation needs a Revolution.” He was, of course, talking about the fact that every few years there comes a time where the old administration must be replaced by a newer one in order for our nation and liberty to survive. Every four years this nation has an opportunity for a revolution of sorts.
Soon in 2008, whether you love them or hate them, the old administration will be gone. What does this mean for the investor? It is impossible to predict all the possibilities that will flood in when a new President, and therefore a new vision, takes the oath on those gleaming white steps. Wal-Mart however is hedging its bets.
