4 ms·

I'd like to see them required to make their portfolios open to the public in real time. That way, the rest of us could invest in an index fund based on congress

I'd like to see them required to make their portfolios open to the public in real time. That way, the rest of us could invest in an index fund based on congressional investments, and share in their success.

ocdtrekkie 5y ago
That's heavily assuming Congresspeople are successful at investing. Assuming insider trading is still illegal for Congresspeople, you will have a hard time picking between "people not insider trading, good at picking stocks though", "people not insider trading, bad at picking stocks", "people who are insider trading, and actually good at it", and "people who are insider trading, but still make terrible choices". Good luck.
- ashtonkem 5y ago
  Most traders suck at trading, if a congress person with no financial history starts beating the market, I’d bet a lot that they’re cheating.
  - loopz 5y ago
    If they're shorting or just holding for a short time it's trading. Otherwise long-term positions are investments.