We should not expect it to beat the market, since legislators themselves don't beat the market: https://www.sciencedirect.com/science/article/abs/pii/S00472727

We should not expect it to beat the market, since legislators themselves don't beat the market: https://www.sciencedirect.com/science/article/abs/pii/S0047272722000044 https://www.sciencedirect.com/science/article/abs/pii/S00472... > We find no evidence of superior investment performance whether we look in aggregate or at Senators specifically accused of informed trading. Over a six-month horizon, stocks bought by House Members underperform on average by 26 basis points, while stocks sold underperform by 11 basis points.