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by rich_sasha
82 days ago
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There's plenty of very suspicious trades in US politics, and presumably European ones too. Actually on both sides of the aisle. Senators putting trades in sectors that overlap with their committee memberships, or these trades appearing in their "blind trusts", with "no input" from the senators. There is so much of it that I am sure there is plenty of insider trading. On average, if you blindly follow their trades, will you make money? The evidence is mixed, and made worse by the fact that the disclosures can be made on paper (pen and paper is allowed!) and the records not all electronified. You can imagine the juiciest trades are probably "disclosed" on a napkin if at all. There's no doubt it's very dirty business. I just find it lazy thinking to say, hey this one is very suspicious therefore definitely criminal. |
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