537
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 27 Mar 2024
537 points (97.2% liked)
Political Memes
4668 readers
3813 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
The problem with this is the delay in reporting. By the time the info is public, the value has usually already changed. Has anyone modeled this with historic information? How does it compare to the S&P500?
Which is by design, of course. That way congresspeople get the inside track of the trading, helping them profit from their insider information before anyone else knows.
Not at all something that's illegal to do for everyone else, nuh-uh! 😠
They consistently outperform the market, of course. Like most people engaging in insider trading do.
The politicians doing insider trading are absolutely outperforming the market, but are the people chasing after their scraps once those trades are made public doing better than the S&P500?