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Yeah, so coming back to my initial question – I wonder why there isn't more successful insider trading by congresspeople.
by mkmk 3y ago
Yeah, so coming back to my initial question – I wonder why there isn't more successful insider trading by congresspeople.
- mulmen 3y agoMaybe they don’t have actionable information. Based on what I have seen here there’s no evidence of insider trading in congress. Of course absence of evidence is not evidence of absence. Congress looks a lot like the general population by these numbers. About 20% are active in the market and of that 20% most of them don’t beat it. I’m less concerned with them having non-public information and more concerned with conflicts of interest. If they own Chevron will they still be inclined to pass that EV subsidy?