"THAT WAS STUPID": Leftist Professor Scott Galloway Dumped All His Stocks Out of Trump Derangement Syndrome — Then Cost Himself a Fortune

NYU professor Scott Galloway confessed on his podcast that he sold all his stocks after Donald Trump won the 2016 election, a decision he now labels as “stupid” and a major investment mistake. Galloway admitted this emotional reaction may have cost him 40% of his liquid net worth, as the market subsequently soared instead of crashing. The article criticizes Galloway’s decision as an example of “Trump Derangement Syndrome” influencing financial choices.

• Scott Galloway admitted selling all his stocks after Trump’s 2016 election victory was a “stupid” mistake.
• He believes this decision cost him 40% of his liquid net worth.
• Galloway described his action as an emotional reaction and a “meltdown” on election night.
• The article frames Galloway’s decision as an instance of “Trump Derangement Syndrome.”
• While Galloway sold stocks, the S&P 500 saw significant gains in 2017 due to tax cuts and deregulation.