Ron Paul’s Portfolio: Unusual, Yes…But "Weird"?Submitted by matt_ on Sat, 01/07/2012 - 15:26
Here is a recent article refuting criticism from the Wall Street Journal of Ron Paul's personal investment portfolio:
A nice quote from the article:
"Here we have a Congressman whose investments [a] are congruent with his diagnosis of what ails the Republic, [b] are decidedly not informed by the sort of illicit inside information that Congress has corruptly made technically legal for their members to use (which if you or I used, should likely land us in jail), and [c] are highly profitable. I suppose in the statistical sense of being unusual, that is a weird combination...and too bad for that; we’d all be better off if it were more common."
The rough analysis in the article shows Ron Paul's investments grew by ~19% per year over the past 11 years, while the average return of the S&P 500 over that time is 0% per year, and the total return from bonds is 1% per year during that time.