The ultimate insider-trading scandal

26 February 2004

According to a recent study, the personal stock portfolios of United States senators outperformed the market by an average of 12 percent per year. (Republicans and Democrats performed equally well.) By comparison, senior executives outperform the market by 5 percent, and the average share-holding household underperforms the market by 1.44 percent.

I’m still having trouble deciding whether to vote for Senator Kerry or Senator Edwards in next week’s Democratic primary. Perhaps one of these gentlemen could demonstrate his commitment to constituent service by e-mailing me a few stock tips.

via Calpundit

• Later: One cheer for slavery
• Earlier: It takes one to know one