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.
more
https://www.dailymail.co.uk/news/article-12839125/congress-stock-market-nancy-pelosi.html