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Wednesday, 01/20/2021 10:31:08 PM

Wednesday, January 20, 2021 10:31:08 PM

Post# of 2044
Yellen's based on her financial disclosure statement that's been in the press lately.

http://blogs.barrons.com/focusonfunds/2013/10/11/fed-nominee-janet-yellens-cheap-and-effective-vanguard-funds/?mod=BOLBlog

http://online.wsj.com/public/resources/documents/Yellen-finrpt2010.pdf



According to that two year old disclosure statement she owned:
- DuPont
- Office Max
- Pfizer
- Direct TV
- ConocoPhilips
- Raytheon
- Terradata
- NCR corp
- Cytec Industries

That's a nice bunch of stocks. But nothing as good as ROK. Impossible to know for sure, but they've probably slightly beaten the S&P 500 in recent years. But most of those individual stock holdings are under $15,000... microscopic in view of her and her husband's wealth and income. (he has a Nobel prize in economics!)

"A big chunk – between $1 and $5 million — of Yellen’s money shows up in Vanguard Tax Managed Growth and Income Fund (VTGLX). This low-turnover, large-cap stock fund charges a microscopic 0.12%. It’s of chief interest because of its strong track record in taxable accounts — it’s never paid out any capital gains in its history,"


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