Tactics won’t matter when your strategy sucks

“You cannot run a political campaign and not have the ability to adapt, to pivot,” one longtime Bush donor who has supported all five of the family’s presidential campaigns. “To sit there and say, ‘We have a book,’ just shows the immaturity.”

The Jeb! strategy, laid out in a “playbook” a year ago, was to fight the battle on the Bushes’ own terms and to rely on the deference he was owed as an establishment elder with organizational prowess across the country.

Great strategy, wrong environment…

Most critically, the playbook, people who have read it tell POLITICO, contained nothing about Donald Trump, who would spend the next excruciating year turning Bush into his personal patrician piñata.

“The rules all changed this year. It was all about taking on the establishment,” said a Republican operative close to the Bush family. “When you’re the son and brother of former presidents, the grandson of a U.S. senator, how do you run in a year like this? It is just a year of personality, not message. All of a sudden, there was no path for him. They just kept falling back on his record as governor, which is all he has—and no one gives a shit.”

Somehow Jeb and his Right to Rise SuperPAC managed to raise $150 million and literally accomplish nothing. It’s actually pretty astounding when you think about it.

The parallels for investors here are obvious so I won’t take much time spelling them out. Suffice it to say that having a strategy that works in one kind of environment is akin to making a big bet. And big bets either pay off spectacularly or fail spectacularly – and no matter what tactics you try to employ, it’s already too late if you’ve bet incorrectly.

Strategic asset allocation, which I am a firm believer in, is a bet that the environment will be unpredictable and subject to change without warning. With a long-term mandate in place, I don’t think there’s a more rational course of action available to investors.

Politico has the inside story on Team Jeb’s dreadful miscalculation.

Source:

Inside Jeb Bush’s $150 Million Failure (Politico)

What's been said:

Discussions found on the web
  1. movies123 commented on Sep 16

    … [Trackback]

    […] Find More on on that Topic: thereformedbroker.com/2016/02/21/tactics-wont-matter-when-your-strategy-sucks/ […]

  2. eatverts commented on Sep 21

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2016/02/21/tactics-wont-matter-when-your-strategy-sucks/ […]

  3. How to join Bitcoin Era? commented on Sep 23

    … [Trackback]

    […] Read More Info here to that Topic: thereformedbroker.com/2016/02/21/tactics-wont-matter-when-your-strategy-sucks/ […]

  4. w88club commented on Oct 05

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2016/02/21/tactics-wont-matter-when-your-strategy-sucks/ […]

  5. Bilåtervinnare Trollhättan commented on Nov 18

    … [Trackback]

    […] There you can find 15718 additional Info to that Topic: thereformedbroker.com/2016/02/21/tactics-wont-matter-when-your-strategy-sucks/ […]

  6. tangerine bank canada log-in commented on Nov 26

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2016/02/21/tactics-wont-matter-when-your-strategy-sucks/ […]

  7. 마루마루 commented on Dec 09

    … [Trackback]

    […] Find More here to that Topic: thereformedbroker.com/2016/02/21/tactics-wont-matter-when-your-strategy-sucks/ […]

  8. buy used Cars York commented on Dec 10

    … [Trackback]

    […] Find More Info here to that Topic: thereformedbroker.com/2016/02/21/tactics-wont-matter-when-your-strategy-sucks/ […]

  9. td login commented on Dec 16

    … [Trackback]

    […] Read More Information here on that Topic: thereformedbroker.com/2016/02/21/tactics-wont-matter-when-your-strategy-sucks/ […]

  10. realistic scalp wigs commented on Dec 29

    … [Trackback]

    […] Read More here on that Topic: thereformedbroker.com/2016/02/21/tactics-wont-matter-when-your-strategy-sucks/ […]

  11. rolex daytona replica commented on Dec 30

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2016/02/21/tactics-wont-matter-when-your-strategy-sucks/ […]

  12. CICD commented on Jan 15

    … [Trackback]

    […] Find More here to that Topic: thereformedbroker.com/2016/02/21/tactics-wont-matter-when-your-strategy-sucks/ […]

  13. wig commented on Jan 17

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2016/02/21/tactics-wont-matter-when-your-strategy-sucks/ […]

  14. replicas relojes commented on Jan 22

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2016/02/21/tactics-wont-matter-when-your-strategy-sucks/ […]

Read this next.