{"id":8808,"date":"2013-07-22T11:31:38","date_gmt":"2013-07-22T15:31:38","guid":{"rendered":"http:\/\/www.gunpoliticsny.com\/?p=8808"},"modified":"2013-07-22T11:31:38","modified_gmt":"2013-07-22T15:31:38","slug":"how-to-lose-money-in-the-stock-market","status":"publish","type":"post","link":"http:\/\/www.gunpoliticsny.com\/?p=8808","title":{"rendered":"How to lose money in the stock market"},"content":{"rendered":"

Bill De Blasio<\/a> is trying to make some political hay<\/a> out of his efforts at pressuring financial firms to divest their investments in the firearms industry:<\/p>\n

“Six months after launching a national divestment campaign against manufacturers of assault weapons and high-capacity ammo clips, Public Advocate Bill de Blasio announced eight hedge funds and money managers have completely divested their gun holdings, valued at $150 million. Fourteen more firms have scaled back their gun investments by 7.4 million shares\u201427 percent of their holdings …”<\/em><\/p><\/blockquote>\n

While it is unclear whether or not De Blasio’s campaign really influenced any of these firm’s decisions, for the sake of argument let’s give him all the credit.<\/p>\n

From an investors perspective, how smart of a move was it to dump these stocks now?<\/p>\n