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Online mystery-ak

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Want to beat the stock market? Just copy Congress! Politicians' trades perform twice as well as mark
« on: December 10, 2023, 02:56:44 pm »
EXCLUSIVE Want to beat the stock market? Just copy Congress! Politicians' trades perform twice as well as market average and Nancy Pelosi's portfolio has grown by 50 PERCENT in 2023

    A tool which mimics the trading activity of Congress members has gained 21 percent in the past year, performing twice as well as the stock market average
    A separate tracker which follows trades by Nancy Pelosi reveals her investments have increased by 50 percent in the past 12 months
    In some instances, members of congress have bought into companies just days before their prices have boomed, earning them tens of thousands of dollars

By Lewis Pennock For Dailymail.Com

Published: 12:34 EST, 9 December 2023 | Updated: 12:52 EST, 9 December 2023

Investors dedicate countless hours to solving the mystery of how to beat the stock market - and many lose millions of dollars in the process.

But the answer might be simple: Just copy Congress.

A tool which copies trades made by members of Congress and their families has gained nearly 20 percent this year – performing twice as well as the stock market average of eight to ten percent.

And a separate tool which is dedicated to tracking Nancy Pelosi's investments reveals her portfolio has returned a remarkable 50 percent in the last 12 months, vastly outperforming the 17 percent gains of the benchmark S&P500 index of America's top companies.

The tools were created by Quiver Quantitative, which uses public disclosures from members of Congress to mirror their trading activity and track the results.

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https://www.dailymail.co.uk/news/article-12839125/congress-stock-market-nancy-pelosi.html
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Offline andy58-in-nh

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Re: Want to beat the stock market? Just copy Congress! Politicians' trades perform twice as well as
« Reply #1 on: December 10, 2023, 03:04:57 pm »
There is obvious insider trading going on, as we've all known for years.

The difference is that you and I would be fined and/or jailed for what Congress does with impunity.

On the other hand, I've made close to 40% this year (one of my best, ever) simply by sticking with large-cap growth stocks, and periodically cycling earnings into (suddenly) high-ish yielding money-market funds.  Not exactly rocket science when you follow the headlines...
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Offline LMAO

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Re: Want to beat the stock market? Just copy Congress! Politicians' trades perform twice as well as
« Reply #2 on: December 10, 2023, 04:12:02 pm »
Quote from: andy58-in-nh on December 10, 2023, 03:04:57 pm

On the other hand, I've made close to 40% this year (one of my best, ever) simply by sticking with large-cap growth stocks, and periodically cycling earnings into (suddenly) high-ish yielding money-market funds.  Not exactly rocket science when you follow the headlines...

Yup. My plan is similar to yours.
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Re: Want to beat the stock market? Just copy Congress! Politicians' trades perform twice as well as
« Reply #3 on: February 03, 2024, 02:18:35 pm »
 Nancy Pelosi’s portfolio, once again, has hit a new all time high. She is up 83.45%. This year alone, her positions have made over three million in gains.

https://twitter.com/unusual_whales/status/1753511354466758881
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