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?
Updated February 7, 2012 and originally published November 22, 2005. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @flexo on Twitter and visit our Facebook page for more updates.














{ 1 comment }
Yes,
Ben doesn’t find diversification to be important.