Whether the Presidential Executive Order was a good thing or a bad thing, the courts will decide. No matter how you view the order, everyone can agree the execution was terrible. In every company the most important aspect of the company is the execution of its ability to make sales and introduce new products and services to grow the company. The execution from the idea to the service to the sale and receiving money is the lifeblood of any organization and if they can not do any of the parts the whole chain the company needs help. In politics, sometimes the idea is the important thing – in this case some level of security, although one can easily debate what level? why those countries? and what were they trying to solve? In the case of visas, there is more than one visa depending on how long the person expects to stay in the country – tourist? study? work? and each of the visas have their rules and regulations. When a Presidential Executive Order is signed, it becomes the policy the moment it is signed. In this case, the President signed and then it appears the other departments the policy had to change policies based on what they thought the new policy is. Sometimes making policy on Friday afternoons, when the decision affects multiple departments may not be the best thing to do. In terms of visa control – the senior management had to send the new policies to middle management who explained the changes to front line staff. From all indications, rather than taking minutes it took a days and it the meantime front line staff took most of the abuse and used their discretion to do – some saw ban and banned; some saw delay and delayed, and most did not know.
Linking to dividend paying stocks, one of the reasons for buying these companies is they have gone through numerous new policy executions in terms of changing products and services. The customers have stayed and has grown and the company continues to be profitable because it knows how to execute new policies. If one of your investments did such a bad job as the President Executive Order you should find alternative company because it will take some time to regain any goodwill in the marketplace
There are more questions than answers, till the next time – to raising questions.