Investors Should Buy Barack Obama a Beer

NEW YORK (TheStreet) -- It took several failures and some therapy, but I think -- at 37 years of age -- I have finally shaken the psychological trapping that haunted and held me back during my 20s and early 30s.

The late, great Elliott Smith said it best: There are two big enemies: bitterness and style. If I can escape them both, then I'll be happy.

It's easy to be bitter.

More broadly speaking, there's no better cop-out than blaming external factors -- usually beyond your control -- for the way you feel, your perception of limited opportunity or your inability to succeed.

Ironically, some Republicans spew cries of helplessness in response to an Obama victory. Regardless of political leanings, more than a few people blame even the thought of the fiscal cliff and a volatile-to-weak stock market on corporate America's refusal to spend and all sorts of apparently pending personal and widespread financial doom.

Let's be clear, I am not downplaying the impacts of income and capital gain tax hikes, spending cuts and whatever else flows directly or indirectly from Washington's inability to act before the end of the year.

But what else is new?

There's always a crisis. I hammer that theme hard, but it's vitally important for investors to remember. Media hype over the hysteria du jour makes it easy to forget. Many of the institutions that shape society do not promote perspective, they perpetuate above-riffed hype, hysteria and helplessness.

Put things in context. Relate it to your personal situation. Then, set yourself up to succeed or, at the very least, not get crushed if and when the excrement hits the fan.

For investors, that should be relatively easy.

And, yes, you should buy Barack Obama a beer.

If Mitt Romney won, the market would have rallied. That's easy. Profit taking would have been reserved for an odd day here or there in the middle of a Santa Claus rally. It would not have been so front and center.

The Obama victory actually provided investors with some certainty.

Investors can rely on more than the generic answer -- Investors don't like Democrats -- for explanation. This time the election results gave us so much more.

Despite all of the noise, investors blew out of stocks because, in connection with, though not directly related to, the fiscal cliff, they took gains in big winners.

That is obvious in Apple ( AAPL).

Cramer used Whole Foods (
WFM) as an example.

You have massive gains in a stock that has run over the last year or two. Even if the world was a wholly certain place, you would be crazy to not take at least some profits.

There are a million AAPLs and WFMs out there. Up more than 30% year-to-date, but down -- and underperforming the major indices -- over the last week and/or month. Run a screen. It's hardly universal, but many of the biggest YTD gainers have recorded the heftiest post-election losses.

If you need that cash to live in a fiscal cliff-crushed economy, save it! Protect yourself from job loss or further stock market erosion. Look for ways to not only subsist, but succeed in a situation other than the one that has you all anxious.

Just as it's absurd for big companies to blame political gridlock for their lack of spending, it's misguided for Americans -- investors or otherwise -- to use economic uncertainty or an Obama win as an excuse.

Great companies spend in the face of whatever happens macro-economically. Do you think Steve Jobs would have slowed innovation at Apple because of something George Bush was doing? He didn't. And there's a reason why Jeff Bezos will not slow spending at Amazon.com ( AMZN).

These types of guys make things happen. They dictate their own fate and, in the process, the fate of the reluctant and externalizing other.

More companies and more individual investors need to do likewise gents and take control of what they can in the best interest of their personal destinies.

Rocco Pendola is long AAPL, IBM.

Rocco Pendola is TheStreet's Director of Social Media. Pendola's daily contributions to TheStreet frequently appear on CNBC and at various top online properties, such as Forbes.

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