Members of Congress again outperformed the stock market, report shows
Members of Congress again outperformed the stock market, report shows
"When Congress members consistently outperform benchmarks like the S&P 500, it raises serious questions about fairness."
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duh. its codified, theyre allowed to legally perform insider trading by their own decree.
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?
NANC and KRUZ are both only two years old…
Are they notably great? DJI is up 47% over past 5 years. SPX is up 75.46%.
NANC in particular matches SPY pretty closely, but with no dividend
KRUZ under performs
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.