Emulating the Ruling Class
Investing Like the Stars
Borrowed a book from the “TEA Party Queen” up north in Michigan called The Clipper Ship Strategy, by Richard J. Maybury and really enjoyed it.
Thought it was so important that I *assigned* it to Junior’s reading list, and am still waiting for him to finish it, so I can mail it back to the TEA Party Queen. (please be patient, Queenie).
And then I ran across this:
Read the Big Picture
Top Favorite Stock Holdings of Congress (The Big Picture)
This article details the top stock holdings of members of Congress. For a detailed look at the total values and the Congresspeople with the greatest holdings, check out link above. Here’s the top 10 list.
- General Electric
- Proctor & Gamble
- Bank of America
- Wells Fargo
- Exxon Mobil
And when I read item one on the list, I was immediately reminded of watching Glenn Beck on the teewee, railing against all the grub mint money that GE was receiving. Hmm.
I wonder what the Ruling Class knows about Clipper Ship strategies, that we don’t know?
So in a rare situation like this, Uncle Milton suggests you follow the lead of how your congress-critters are investing. Don’t become them, but perhaps maybe capitalize a little bit like them.