this post was submitted on 01 Apr 2024
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Political Memes

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[–] Kecessa@sh.itjust.works 14 points 7 months ago* (last edited 7 months ago) (2 children)

I don't know what happened with my auto correct on that word as I think I meant to say "only" 🤔

Here's a longer list

And the original source is this website

https://unusualwhales.com/

2021: https://unusualwhales.com/politics/article/full

2022: https://unusualwhales.com/politics/article/congress-trading-report-2022

2023: https://unusualwhales.com/politics/article/congress-trading-report-2023

[–] GenEcon@lemm.ee 9 points 7 months ago

Thanks! This completly debunks the insider trade myth. You would expect a Gaussian distribution around the mean, which would be a market neutral index. And you get even a slightly to the left shifted Gaussian bell curve.

[–] NaibofTabr@infosec.pub 4 points 7 months ago (1 children)

Ah, well there you go then... 25ish people out of 535?

Again, it'd be worrying if the same people were consistently ahead of the market... but that would also be super obvious.

[–] Kecessa@sh.itjust.works 7 points 7 months ago

Yep, people make a big thing out of it and maybe the proportion of them that beat SPY is higher than the proportion of random investors that do it, but there's no good way to say 🤷