Andrew Kuhn December 30, 2019

Familiarity Breeds Success: Why Members of Congress Do Best When Buying Local Stocks

From 12/21/2010 Here’s an interesting article from BusinessWeek about how members of Congress do best when picking stocks from their own districts. While cynics will jump to the conclusion these representatives must be trading on inside knowledge gleaned from lobbyists, or just outright favoring local companies, I have to say I have a better record investing in New Jersey companies. I was born and raised in New Jersey. I still live and work here. I know the place. And I do best when investing in New Jersey...

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