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Beat the market…

July 10, 2011

The John Schwartz in NYT reports on research showing members of Congress significantly outperform other stock market investors.

The authors suggest that members of Congress have access to “nonpublic information that could have a substantial impact on certain businesses, industries or the economy as a whole,” and that investing on that information “could yield significant personal trading profits.”

A cut above. Maybe the quality of our elected representatives isn’t so bad after all – they seem to be pretty smart investors!

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