this post was submitted on 14 Jan 2025
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A Boring Dystopia

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[–] originalucifer@moist.catsweat.com 121 points 1 day ago (2 children)

duh. its codified, theyre allowed to legally perform insider trading by their own decree.

[–] FlashMobOfOne@lemmy.world 32 points 1 day ago (1 children)

Fun fact.

As an investor, you can ride their insider-trading coattails legally by investing in the ETF's NANC or KRUZ.

[–] originalucifer@moist.catsweat.com 41 points 1 day ago (1 children)

isnt this the disgusting reminder that they also made it so no one can find out their trades until 30 days later.. purposefully giving their self-made-legal insider trading illegal for regular people?

[–] FlashMobOfOne@lemmy.world 21 points 1 day ago (3 children)

NANC is up 53% over the last five years.

KRUZ is up 27% over the last five years.

Those aren't Pelosi numbers, but pretty good. You could do a whole lot worse.

[–] NotMyOldRedditName@lemmy.world 17 points 1 day ago* (last edited 1 day ago) (1 children)

The S&P500 is up 75.38% in the past 5 years, so following Nancy via the ETF wasn't anything special.

We all know she did better than that 53% though..

[–] TexMexBazooka@lemm.ee 1 points 16 hours ago* (last edited 12 hours ago) (1 children)

As of time of posting it SPY is up 91.6% in 5 years

But that’s not really a good comparison because the unusual whales funds are both new, started in 2023.

NANC mostly matched SPY since its inception, +1% or so

KRUZ actually under performed to date, with a 27% increased since inception as opposed to NANC’s 52%.

[–] NotMyOldRedditName@lemmy.world 1 points 15 hours ago* (last edited 15 hours ago)

I'm not sure what you're looking at but its 80% today, and it really was 75% yesterday. I'm not the only one who posted as much.

Maybe you're looking at a CAD version that has FX as part of it?

[–] TexMexBazooka@lemm.ee 1 points 16 hours ago

NANC and KRUZ are both only two years old…

[–] CaptSneeze@lemmy.world 5 points 1 day ago (1 children)

Are they notably great? DJI is up 47% over past 5 years. SPX is up 75.46%.

[–] TexMexBazooka@lemm.ee 1 points 16 hours ago

NANC in particular matches SPY pretty closely, but with no dividend

KRUZ under performs

[–] ExtremeDullard@lemmy.sdf.org 43 points 1 day ago (1 children)

Perish the thought!

I'm convinced members of congress consistently outperform the market because of their superior intelligence. After all, we elected them, so by definition they're the best of us. Right?

[–] nightwatch_admin@feddit.nl 19 points 1 day ago (1 children)

Nice, your sarcasm is so acidic it is almost eating away my phone screen

[–] whostosay@lemmy.world 8 points 1 day ago

Weird, on my end, it's eating my fucking soul.