Leland Vittert says Congress excels in stock picking during their spare time, outperforming even seasoned investment managers. Nancy Pelosi's investments are up 50%, and the rest of Congress has gained 10% in the past 12 months. Quiver Quantitative created a fund mirroring congressional financial disclosures, allowing Americans to profit alongside them.
Leland Vittert asks: If Congress trades on inside information and then you trade on Congress’ disclosed trades, is that still insider trading?
#Congress #Stocks #InsiderTrading
"On Balance with Leland Vittert" takes a critical look at some of the day's hottest subjects. Weekdays at 7p/6C. #OnBalance
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