- His disclosures, both from his final year in Congress and his time as Minnesota governor, also show no mutual funds, bonds, private equities, or other securities.
- No book deals or speaking fees or crypto or racehorse interests.
- Not even real estate. The couple sold their Mankato, Minnesota, home after moving into the governor’s mansion, for below the $315k asking price).
Correct.
Which becomes an issue if the pension manager doesn’t properly account for market downturns etc…
Oh sure. But from a “does Tim Walz own stock” standpoint, I think it’s still justified to say “no” even if he has a pension that is backed by stocks.
That’s a pretty severe stretch. And not at all what people mean when they ask if someone owns stock.
That’s like saying someone is a landlord if they invest in REIT…
Right, I was refuting the original comment I replied to, which said that pensions are essentially the same as stocks.