Political Quotes

Tom Coburn: “So let me go to you, Mr. Strongin. Have I got this right, that I could actually buy an index fund, pay the storage cost…”

On the recordJuly 20, 2009
So let me go to you, Mr. Strongin. Have I got this right, that I could actually buy an index fund, pay the storage cost, and net about 4 percent versus the cost of my money, if nothing changed in terms of the price of the contract and I just kept rolling the contract?
Said by
Tom Coburn
Republican · Oklahoma
Source
congress.gov

Editor's note · Context

Coburn discusses potential profits from index funds and storage costs.

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