Tim Geithner's Hedge Against His Daughter's Shopping Addiction Paid Off Today


Remember when we found out that Tim Geithner had bought shares in cult yoga retailer Lululemon as a hedge against all the yoga-wear his daughter bought?

He invested less than $1,000 in Lululemon stock, but he should have bought more.

The company’s share price rose 6.2% to $71.39 after it announced that it expects its Q4 earnings to be 55 cents to 57 cents a share on sales of $237 million to $239 million, according to MarketWatch.

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