Value Investing In Politics

Today’s WSJ has an instructive piece (link here and attached) about the power of persistence. The key words:

One thing missing from the article is a reference to how little need be spent by those with constant presences in DC relative to the rewards they reap (OpenSecrets.org is a good source for that info). It’s the same in California. Launched in 2011, GFC was late to the game but now is among the largest players:

We must last forever. In 2100 and beyond, GFC’s President must be able to say “we have been in Sacramento since 2011 and it’s fair to say that having a consistent presence has been a huge strategic advantage for the general interest.”Our power comes from the network, now nearing 900. You can support us here. In January we will send you a link to support 16 GFC Courage Committee chapters, force multipliers that allow the general interest to be even more persistently represented.

David Crane
President

PS: Twitter is an easy way to inform legislators and you without abusing mailboxes, and to my surprise it also allows for substantive discussion. If you use Twitter we encourage you to follow @DavidGCrane and @Govern4CA.