Our Thoughts on the 2016 Election

Regarding this election, the first thing that comes to mind is “Thank God it’s over!” Without question, this was the worst election in our lifetimes on so many different levels. As with Brexit, the question being universally asked is how did the polls, pundits, prediction models, and even the prediction markets get it so wrong? We may never know the answer to that, but there are some important lessons we can take from this historical upset.

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