Ok, so I like Ron Paul and I'm glad he's in Congress, but you've got to admit he's a little crazy. However he's not so crazy that he actually thinks he can win the Presidency, as his investment portfolio reveals.
Here at Total Return, we've looked at hundreds of the annual financial-disclosure forms in which the members of Congress reveal their assets and trades - and we've never seen a more unorthodox portfolio than Ron Paul's. ...At our request, William Bernstein, an investment manager at Efficient Portfolio Advisors in Eastford, Conn., reviewed Rep. Paul's portfolio as set out in the annual disclosure statement. Mr. Bernstein says he has never seen such an extreme bet on economic catastrophe. "This portfolio is a half-step away from a cellar-full of canned goods and nine-millimeter rounds," he says.
How would Ron Paul invest if he thought he would win? I don't know, but he would save the economy from the doomsday scenario he has prepared for, right? Or maybe he knows that his investments will be bad if he wins, and they're just a hedge against the off-chance that he won't be our next President.
