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I think quite a bit. Congress regularly beats high end Wall Street investors when it comes to playing the equities market. This involves a great deal of under
by robotburrito 5y ago
I think quite a bit. Congress regularly beats high end Wall Street investors when it comes to playing the equities market. This involves a great deal of understanding on mathematics topics involving everything from stats, probability and economics. They manage to do this part time while governing, so I'd have to say they are pretty adept.
I could be missing something though.
- flatline-84 5y agoInsider trading is what you're missing. As evidenced by the March 2020 dump
- quickthrowman 5y agoUh, what? The sharp drop in equities in February and March 2020 was a massive deleveraging caused by panic selling and leveraged traders being margin called.
- friedman23 5y ago> I think quite a bit. Congress regularly beats high end Wall Street investors when it comes to playing the equities market Politicians are not using math to decide which stocks to pick, they are using insider information. edit: ok, it's clear that the parent comment was sarcasm now but you never know
- carom 5y agoI really hate sarcasm tags and I really appreciate this comment.
- alephr 5y agoIs there any evidence for this or is this just trendy and shallow politician hate?