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Emulating the Ruling Class

November 20, 2011

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.

some details here

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.

  1. General Electric
  2. Proctor & Gamble
  3. Bank of America
  4. Microsoft
  5. Cisco
  6. Pfizer
  7. Intel
  8. Wells Fargo
  9. At&T
  10. 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.

Any thoughts?

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