[erac22]

"Oh...I also agree with the above that political leanings would not affect those general principles. However, political leanings may affect your decision to move in or out of the market for substantial portions of your portfolio. eg, I dont think a Democratic victory in '08 if full priced into the market yet, but will be around the time of the early primaries. I will be out of the market in a big way at that point, or, more accurately start taking hedged short positions unless something big happens between now and then to reduce the likelihood of a Democratic sweep."

The political outlook may affect how you invest (although I recently saw an article saying that the Street is starting to shift more democratic based on where political donations from employees at the big banks are going, which would seem counterintuitive) but I'm still don't see how there would be a correlation between one's political ideology and HOW he invests. I think it's more based on personality, risk appetites, and desired involment in one's portfolio. If you're claiming that a particular political ideology implies a greater risk appetite or more desire to actively trade, please share your reasoning.