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OfflineBaby_Hitler
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Congressional Picks Insider Index Fund
    #27587823 - 12/19/21 10:16 PM (2 years, 4 months ago)

I think we should start a movement to pressure members of congress to voluntarily release their personal, insider information based stock picks 24 hours ahead of their purchase.


Respond intelligently.


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OfflineThe Ecstatic
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Re: Congressional Picks Insider Index Fund [Re: Baby_Hitler]
    #27588019 - 12/20/21 07:41 AM (2 years, 4 months ago)

This would be a disaster. The response to insider trading should not be telling the entire world about the insider trade about to happen, it should be not doing the insider trade to begin with.


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OfflineBaby_Hitler
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Re: Congressional Picks Insider Index Fund [Re: The Ecstatic]
    #27588020 - 12/20/21 07:44 AM (2 years, 4 months ago)

We'll never get them to stop it. It would take too many of them to pass laws against it.

It only takes one of them to fuck it up for everybody.


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OfflineThe Ecstatic
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Re: Congressional Picks Insider Index Fund [Re: Baby_Hitler]
    #27588023 - 12/20/21 07:46 AM (2 years, 4 months ago)

I mean, in the sense that it would completely fuck up global markets, then sure.


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OfflineKryptos
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Re: Congressional Picks Insider Index Fund [Re: The Ecstatic]
    #27588228 - 12/20/21 12:05 PM (2 years, 4 months ago)

There was a bot that picked stocks based on congressional trades for a bit after the covid stock manipulation thing from 2020.

IIRC it reliably outperformed the market.

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