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Ben Bernanke’s Only Stock

by Flexo on November 22, 2005

in Uncategorized

Ben Bernanke has only one stock in his portfolio: Altria Group/Philip Morris/Marlboro [MO]. This has been talked about by Jeremy Siegel, CNN Money, Henry Blodget at Slate, and the New York Times.

Altria is included in a few of my mutual funds I hold for retirement. The company is also the biggest portion (4.73%) of the fund I have in a taxable account, AIVSX. I don’t own any stock directly. Does the fact that Altria is Bernanke’s only stock make a statement of some sort?

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Flexo, the owner and creator of Consumerism Commentary, has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow him on Twitter.

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{ 1 comment }

1 D-Man December 12, 2005 at 9:45 am

Yes,

Ben doesn’t find diversification to be important.

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