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True, in advance would be better. The "Congressional stock purchases index fund" would underperform though https://www.investopedia.com/tiktokers-track-lawmake
by dsizzle 5y ago
True, in advance would be better.
The "Congressional stock purchases index fund" would underperform though https://www.investopedia.com/tiktokers-track-lawmakers-personal-stock-trades-5206454 https://www.investopedia.com/tiktokers-track-lawmakers-perso...
> Academic research revealed that senators' stock purchases underperformed the benchmark during six-month intervals by 17 basis points between 2012 and March 2020
- ceejayoz 5y agoAll sorts of trading strategies you could try out on a full, in-advance data feed, though. Only follow the trades of those in leadership, give special attention to transactions involving defense contractors by members of the Committee on Armed Services, etc. I don't doubt that Congress has its share of confident morons to skew the numbers downwards, but you might be able to identify people who somehow manage to make better moves.