"US politicians are among the best investors in the world. This is the conclusion that can be drawn from looking at how much members of Congress outperformed the S&P500 Index in 2023 🤡
Or, a more realistic conclusion might be that politicians are simply taking advantage of their position and using insider information to enrich themselves because, for some reason, they are not prohibited from trading stocks 🙄
Of course, not everyone in Congress engages in insider trading, as evidenced by their average investment returns, which are still quite interesting 👇
In 2023:
• The average return for Democrats was 31.18%.
• The average return for Republicans was 18%.
• The SPY Index is up 24.81%.
