About this document
Senators by Caty Cat is a document available to read on EtoBox.
A study found that between 1993 and 1998, US senators achieved stock market returns that outperformed averages by 12% per year on average. The study analyzed over 6,000 stock transactions made by 62 senators, finding that stocks they purchased often increased in value in the following year. While some senators clearly had insider information, the researchers could not determine if outperformance was due to luck or insight. Overall, the senators displayed an uncanny ability to profit from well-timed stock pi
- Author
- Caty Cat
- Language
- EN