The Washinton Post has the answer.
And you’ll never guess what is.
Portfolio Management.
They may not run the country very well.
But they do a heckuva job on their own investments.
Forget about Cramer and the rest of the seers on CNBC!
Just get me the financial disclosure forms of the House members.
The Post cites a research study which shows that a “portfolio that mimics the purchases of House members beats the market by 55 basis points each month.”
One of the authors of the study, Alan Ziobrowski of Georgia State University,” remarks that “no one else has this kind of success, not even mutual fund or hedge fund managers.”
Maybe the public would stop griping and complaining about what they’re doing,
If instead of sending us newsletters about their policy choices,
They’d just tell us every week
What they’re buying and selling!
Insider trading scandal in 5….4…3…2…