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return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 1 year ago

Members of Congress again outperformed the stock market, report shows

fortune.com

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Members of Congress again outperformed the stock market, report shows

fortune.com

return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 1 year ago
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"When Congress members consistently outperform benchmarks like the S&P 500, it raises serious questions about fairness."
  • originalucifer@moist.catsweat.com
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    1 year ago

    duh. its codified, theyre allowed to legally perform insider trading by their own decree.

    • ExtremeDullard@lemmy.sdf.org
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      1 year ago

      Perish the thought!

      I’m convinced members of congress consistently outperform the market because of their superior intelligence. After all, we elected them, so by definition they’re the best of us. Right?

      • Nightwatch Admin@feddit.nl
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        1 year ago

        Nice, your sarcasm is so acidic it is almost eating away my phone screen

        • chingadera@lemmy.world
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          1 year ago

          Weird, on my end, it’s eating my fucking soul.

    • FlashMobOfOne@lemmy.world
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      1 year ago

      Fun fact.

      As an investor, you can ride their insider-trading coattails legally by investing in the ETF’s NANC or KRUZ.

      • originalucifer@moist.catsweat.com
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        1 year ago

        isnt this the disgusting reminder that they also made it so no one can find out their trades until 30 days later… purposefully giving their self-made-legal insider trading illegal for regular people?

        • FlashMobOfOne@lemmy.world
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          1 year ago

          NANC is up 53% over the last five years.

          KRUZ is up 27% over the last five years.

          Those aren’t Pelosi numbers, but pretty good. You could do a whole lot worse.

          • NotMyOldRedditName@lemmy.world
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            1 year ago

            The S&P500 is up 75.38% in the past 5 years, so following Nancy via the ETF wasn’t anything special.

            We all know she did better than that 53% though…

          • CaptSneeze@lemmy.world
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            1 year ago

            deleted by creator

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