According to the alternative data platform Quiver Quantitative, replicating Nancy Pelosi’s stock trades would have yielded returns exceeding 720% since May 2014.

    • RedditWanderer@lemmy.world
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      11 months ago

      A person like that doesn’t handle her own portfolio, and their trades are public. Nothing prevented you from trading the exact same stonks they did.

      Politicians shouldn’t trade because they can still manipulate the bigger picture, favor corporations and move the economy a certain way. Not because they are sitting on Robin Hood at night making money.

      • Sc00ter@lemm.ee
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        11 months ago

        their trades are public

        Up to 45 days after the trade is made.

        While not technically insider trading because they don’t work for the companies they’re trading, they definitely have access to privileged macro economic knowledge