Invest like a Congress member
There are some new funds that track stock trading by members of Congress and their family. So we thought, why don't we get in on that? Today on the show, we crack open the Planet Money Investment Jar to learn more about how our political leaders play the market, investing in funds tracking Democratic and Republican stock trades.
Whether Congressional stock trading should be limited is a hotly debated matter. So to test whether lawmakers are beating the market, Dartmouth College economist Bruce Sacerdote and his co-authors pitted lawmakers' stock picks against reindeer at a Christmas-styled theme park.
Trust us for this ride! It'll all make sense with some intriguing results.
Related listening:
Stock traders are trying to beat the market — by copying lawmakers
WTF is a Bitcoin ETF? (Apple / Spotify)
Planet Money's Toxic Asset
Planet Money Summer School: Investing
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Whether Congressional stock trading should be limited is a hotly debated matter. So to test whether lawmakers are beating the market, Dartmouth College economist Bruce Sacerdote and his co-authors pitted lawmakers' stock picks against reindeer at a Christmas-styled theme park.
Trust us for this ride! It'll all make sense with some intriguing results.
Related listening:
Stock traders are trying to beat the market — by copying lawmakers
WTF is a Bitcoin ETF? (Apple / Spotify)
Planet Money's Toxic Asset
Planet Money Summer School: Investing
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.