Senators’ stock portfolio outperform by 12%
Want to beat the stock market? How about joining the ranks of US Senate? While the average household’s portfolio underperformed the market by 1.44%, and average corporate insider’s stocks outperformed the market by 5%, US senators’ portfolios outperformed the market by 12%.
First-time Senators did especially well, with their stocks outperforming by 20 per cent a year on average - a result that very few professional fund managers would be able to achieve.