Bro read your sources. That study was practically set up to find that result, only looking at stocks sold within 6 to 12 months of purchase. Typically you only sell your stock if it starts falling hard, you hold it if it's growing in value.
Congress overall has outperformed the S&P since 2012 when the stock act was put in place. You could argue it's a result of the public perception that Congress inside trades, making more people buy things that Congress buys if you really wanted to defend them.
Took the time to look up some more shit cause you're right I'm not informed enough to really be talking about this. Gonna delete my previous comment because even if the source was correct it just paints the wrong picture, and there's certainly valid concerns of congress insider trading.
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u/J_Skirch 5d ago
Bro read your sources. That study was practically set up to find that result, only looking at stocks sold within 6 to 12 months of purchase. Typically you only sell your stock if it starts falling hard, you hold it if it's growing in value.
Congress overall has outperformed the S&P since 2012 when the stock act was put in place. You could argue it's a result of the public perception that Congress inside trades, making more people buy things that Congress buys if you really wanted to defend them.