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> Somehow, the collective portfolios of US representatives manage to greatly outperform the stock market indexes. I would totally believe this. Do you have a s
by RangerScience 9y ago
> Somehow, the collective portfolios of US representatives manage to greatly outperform the stock market indexes.
I would totally believe this. Do you have a source?
- echion 9y agoFor example: "Trading on Private Information: Evidence from Members of Congress" (2016) https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2712297 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2712297 EDIT: Also "Abnormal Returns From the Common Stock Investments of Members of the U.S. House of Representatives" (2011) https://www.cambridge.org/core/journals/business-and-politics/article/div-classtitleabnormal-returns-from-the-common-stock-investments-of-members-of-the-us-house-of-representativesdiv/BC6C6A524BBE96738BB94D37EF0FD1A5 https://www.cambridge.org/core/journals/business-and-politic...