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Comments on ESOP Diversification by Directed Trustees
Blogging Employee Benefits 
June 29, 2006
Excerpt: [From the 7th circuit] The time may have come to rethink the concept of an ESOP, a seemingly inefficient method of wealth accumulation by employees because of the underdiversification to which it conduces (though remember that what is important is the diversification of the employee's entire asset portfolio, including his earning capacity, rather than whether an individual asset is diversified).
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