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submitted 3 months ago by esportify@lemmy.world to c/news@lemmy.world

According to the alternative data platform Quiver Quantitative, replicating Nancy Pelosi's stock trades would have yielded returns exceeding 720% since May 2014.

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[-] meleecrits@lemmy.world 21 points 3 months ago

Semi unrelated question (also only semi serious): is there a program or script that can follow a person's trades and make similar trades? Or is she one that, by the time the public knows, it's already too late to jump on the bandwagon?

[-] Screamium@lemmy.world 39 points 3 months ago

By the time the trade is disclosed it's been like a month and you may be part of the exit liquidity

[-] mctoasterson@reddthat.com 18 points 3 months ago

There is a congressional rule that requires individual stock trades of certain amounts to be publicly disclosed within 45 days. However this is apparently not really enforced right now.

Some bipartisan congresspeople have proposed more restrictive rules and bans on stock trading, but those efforts haven't gained traction yet.

[-] Cryophilia@lemmy.world 9 points 3 months ago
[-] zbyte64@awful.systems 7 points 3 months ago

Unusual Whales Subversive Democratic Trading ETF (NANC)

[-] CancerMancer@sh.itjust.works 1 points 3 months ago

fucking lol I didn't know there was an Unusual Whales ETF. Naming it NANC is genius.

[-] Donut@leminal.space 5 points 3 months ago

Look up Quiver Quantative. They actually track investment portfolios of members of the House and Senate and send out newsletters.

[-] blarth@thelemmy.club 5 points 3 months ago

Autopilot. It doesn’t support every brokerage though.

[-] ramirezmike@programming.dev 4 points 3 months ago
[-] dorron@lemmy.world 9 points 3 months ago

etoro is a broker that allows you to "copy trade" popular investors and portfolios, which mimc trades according to how much capital you have invested, though Nancy ain't gonna be on there

There's also ETFs such as ARK which are easy to get into, are managed by the likes of Cathie Wood and if they're doing a good job, only go up

Biggest regret in the last 15 years is not getting into it earlier tbh, if you have even a passing interest in trading, open a mock account (or a real one with some money you don't mind "losing") and just have a go - it's very simple nowadays. Gone are the days where you need to pay $10 to a broker to even make a trade

this post was submitted on 16 Jul 2024
603 points (93.9% liked)

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