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Members of Congress are damned smart investors

Or maybe not. Dan Froomkin reports on recent findings by university researchers [1] who found that representatives beat the market by 6 percent while senators beat the market by 10 percent:

What’s their secret? The report speculates, but does not conclude, it could have something to do with the ability members of Congress have to trade on non-public information or to vote their own pocketbooks — or both.

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