mhbDec 3

“Captain Gains” on Capitol Hill

https://www.nber.org/papers/w34524

"Captain Gains" on Capitol Hill

Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.

NBER
Show threadhypeatei

I think the solution is to pay them more, create very strict laws around insider trading, and enforce those laws vigorously.

I don't know if that's realistic or not as the electorate has already shown they don't care enough to vote their representatives out for doing it and it's unlikely that current members would restrict their earnings. I guess it's good that we know about it, at least.

Dec 3 at 2:16pmWeb
Show threadmisiti3780Dec 3

the solution is dont let them pick individual stocks, only indexes. they also should have to publish all trades publicly the day the trade takes place

CA doesnt care about this -- you continue to re-elected Pelosi, she is one of the worst violators of this

Show threadtptacekDec 3
In what way? Because she's long a lot of high-variance tech stocks? You could probably outperform her just going all-in on QQQ.