The reason not to buy political linked stock

I have not been buying any stock link to heavily to politics. The key reason is when policy change no matter change of government or even leaders may lead to nothing.

I remember MYEG when lot of people buying it. I did look into it but with the price ration of 20 to 30 times. I am out. But many fund managers were supporting it. A classic example of don’t take political stock as a blue chip stock.

I believe many funds are losing money after the regime changed. Because too many of them just like to go with the easy way and show result because of trend but not value.

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