duh. its codified, theyre allowed to legally perform insider trading by their own decree.
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?
Nice, your sarcasm is so acidic it is almost eating away my phone screen
Weird, on my end, it’s eating my fucking soul.
Fun fact.
As an investor, you can ride their insider-trading coattails legally by investing in the ETF’s NANC or KRUZ.
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?
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.
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…
As of time of posting it SPY is up 91.6% in 5 years
But that’s not really a good comparison because the unusual whales funds are both new, started in 2023.
NANC mostly matched SPY since its inception, +1% or so
KRUZ actually under performed to date, with a 27% increased since inception as opposed to NANC’s 52%.
I’m not sure what you’re looking at but its 80% today, and it really was 75% yesterday. I’m not the only one who posted as much.
Maybe you’re looking at a CAD version that has FX as part of it?
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NANC in particular matches SPY pretty closely, but with no dividend
KRUZ under performs
NANC and KRUZ are both only two years old…
Wow, crazy that members of congress are on average better than most investors, maybe they should change careers!
No… Seriously… Please change careers…
They’re capitalists, in that they capitalize on their insider knowledge and send others to jail for doing the same thing.
It’s not insider knowledge when politicians do it since they’re not insiders of the company with more knowledge about the company than other people. They just happen to control the political environment and the contracts they get 🙃
SEC for thee, but not for me.
Makes me want to turn to a life of crime.
Problem is, unless you’re rich and powerful crimes tend to have consequences - they only “just let you do it” when your account balance already has a certain number of digits…
Yeah but you have to have a lot of money to get elected.
FeloniousPunk for Congress.
I pledge a chicken in every mosh pit
NANC
KRUZ
Two of the safest investments you can make
Thanks for the tip. I just checked them out.
Didn’t know what these represented till i googled them😂
I got a kick out of it when I found em
Why are they allowed to play the stock market? Is it not a conflict of interests? Edit: Typo
“Keeping the Rich rich and the Poor poor since forever.”
They’re incredibly smart people. That’s why they’re in office. It’s only natural that their smarts would cascade over to markets. Nothing to see here. /s
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Surprised Pikachu face
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