January 05, 2006

Is Alito really a conservative?

Not if you look at his investment strategy, which is revealed at the end of the questionnaire he filled out for the Senate Judiciary Committee (it's on the very last page!). Among his assorted stock and bond mutual funds, he holds five individual stocks: Exxon Mobil, McDonalds, Intel, Bristol-Myers Squibb, and Disney. Fine blue chips, to be sure, but guess what percentage of his total portfolio his XOM holdings are. Twenty percent! For a single stock. In the energy sector. Not much diversification there. Maybe he's not so conservative after all...

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