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This is my tweet, thanks for sharing! If anyone is interested, I built a dashboard that tracks the performance of individual congressional stock trades here:

This is my tweet, thanks for sharing! If anyone is interested, I built a dashboard that tracks the performance of individual congressional stock trades here: https://www.quiverquant.com/congresstrading/ https://www.quiverquant.com/congresstrading/ It also allows you to search for trades by stock, instead of needing to parse through thousands of disclosure forms. I do want to mention one weakness of my data, which is that I don't currently parse hand-filed disclosures. Most politicians do electronic filings, which are easy to scrape, but some still file by hand. Working on a solution for that, which should hopefully be live before too long.

RandomWorker 3y ago
Pass it into chatgtp see what it comes up with.
- joshspankit 3y ago
  Now that it’s multimodal you can pass it the photo and it will probably output whatever data you want.
  - withinboredom 3y ago
    Heh, yeah, whatever you want indeed. I wouldn't trust it... https://www.youtube.com/watch?v=A1QzVQn8hH8 https://www.youtube.com/watch?v=A1QzVQn8hH8
    - joshspankit 3y ago
      I mean, never trust any OCR
fsdadsfdsalkj 3y ago
Where do you get the data?
- ckardat123 3y ago
  House: https://disclosures-clerk.house.gov/FinancialDisclosure https://disclosures-clerk.house.gov/FinancialDisclosure Senate: https://efdsearch.senate.gov/search/home/ https://efdsearch.senate.gov/search/home/
sam345 3y ago
What is the lag between the trade and the public disclosure ? My guess pretty long so probably fairly useless data. [edit] The tweet's one example shows a month for that particular example "This came after purchases of up to $115K of $LMT by Representative Scott Franklin on September 12th, which were disclosed on October 11th." So can't see how building a trading bot that trades on information at least a month old even if info at the time was good would give any big advantage. This strategy is going to be fairly useless imo over the long term even if you assume the politicians trading was better than the overall market.
tootie 3y ago
You should track how their returns compare to indexes

RandomWorker 3y ago

Pass it into chatgtp see what it comes up with.

joshspankit 3y ago
Now that it’s multimodal you can pass it the photo and it will probably output whatever data you want.
- withinboredom 3y ago
  Heh, yeah, whatever you want indeed. I wouldn't trust it... https://www.youtube.com/watch?v=A1QzVQn8hH8 https://www.youtube.com/watch?v=A1QzVQn8hH8
  - joshspankit 3y ago
    I mean, never trust any OCR

fsdadsfdsalkj 3y ago

Where do you get the data?

ckardat123 3y ago
House: https://disclosures-clerk.house.gov/FinancialDisclosure https://disclosures-clerk.house.gov/FinancialDisclosure Senate: https://efdsearch.senate.gov/search/home/ https://efdsearch.senate.gov/search/home/

sam345 3y ago

What is the lag between the trade and the public disclosure ? My guess pretty long so probably fairly useless data. [edit] The tweet's one example shows a month for that particular example "This came after purchases of up to $115K of $LMT by Representative Scott Franklin on September 12th, which were disclosed on October 11th." So can't see how building a trading bot that trades on information at least a month old even if info at the time was good would give any big advantage. This strategy is going to be fairly useless imo over the long term even if you assume the politicians trading was better than the overall market.

tootie 3y ago

You should track how their returns compare to indexes