This is also unlikely to work because Congress members don't do particularly well on trading. It's very hard to trade successfully, even with insider information its not entirely obvious what a stock price will do. It seems obvious because news media often reports ad-hoc analysis on a stock price movement. For instance, they'll say "Apple up 5% based on surprising App store revenue growth", but if it were to drop you may read a headline saying "Apple down 5% based on surprising drop in Mac sales". Sometimes I'll see an article touting the growth and only see it go back down by the time I get around to reading it.
I've analyzed the trades of US Senators during the early pandemic [0] and I was not convinced they performed abnormally. And the trade amounts were relatively small. I think they'd have an easier time trading real-estate due to the connections they have with various regulatory bodies and local governments.
I've analyzed the trades of US Senators during the early pandemic [0] and I was not convinced they performed abnormally. And the trade amounts were relatively small. I think they'd have an easier time trading real-estate due to the connections they have with various regulatory bodies and local governments.
[0] https://mleverything.substack.com/p/analyzing-us-senators-st...