I consider myself a pretty active trader and some of those numbers are crazy, especially considering the extra hassles and work involved with recording that stuff to comply with their reporting requirements. To some extent, I’d say that the volume of trading showcases that they aren’t maximizing their wealth due to insider trading.
I consider myself a pretty active trader and some of those numbers are crazy, especially considering the extra hassles and work involved with recording that stuff to comply with their reporting requirements. To some extent, I’d say that the volume of trading showcases that they aren’t maximizing their wealth due to insider trading.
If I had a big juicy insider tip, I’d be making a few big trades off it and not a hundred shrinky dink ones. Of course, they could have corrupt insider knowledge AND be too stupid to correctly take advantage of it.
Maybe, but that would be counterproductive because 100 plus trades in a few months timeframe is highly obvious trading that attracts attention. Nancy Pelosi is the master of congressional trading and she's only reported 180 trades in the last decade. But she has crushed average market returns. There are websites where all the reported trades are available for viewing, so you can see exactly what they reported.
I consider myself a pretty active trader and some of those numbers are crazy, especially considering the extra hassles and work involved with recording that stuff to comply with their reporting requirements. To some extent, I’d say that the volume of trading showcases that they aren’t maximizing their wealth due to insider trading.
If I had a big juicy insider tip, I’d be making a few big trades off it and not a hundred shrinky dink ones. Of course, they could have corrupt insider knowledge AND be too stupid to correctly take advantage of it.
Or they think they are camouflaging their activity by making a lot of shrink dink trades instead of a few big ones.
Maybe, but that would be counterproductive because 100 plus trades in a few months timeframe is highly obvious trading that attracts attention. Nancy Pelosi is the master of congressional trading and she's only reported 180 trades in the last decade. But she has crushed average market returns. There are websites where all the reported trades are available for viewing, so you can see exactly what they reported.