News for hackers. Stuff that matters.

A comment on Congressional lawmakers 47% pts better at picking stocks. Parent comment

Re:Congressional lawmakers 47% pts better at picking stocks by Uehreka on Wednesday December 03, 2025 @09:44AM (#46135048)
> Restricting public servants to only government bond investments would be a great way to discourage anyone with financial sense from running for congress.

Running for congress is already kind of a financially silly thing to do, that ship has sailed. Let’s pull the trigger on this and just see what happens.

[ Parent | on HN ]
Re:Congressional lawmakers 47% pts better at picking stocks by polski-g on Wednesday December 03, 2025 @11:52AM (#46136789)
We've been doing it. There has been a severe degradation in quality.

Congressmen's salaries need to increase by 10x.

[ Parent | on HN ]
Re:Congressional lawmakers 47% pts better at picking stocks by FridayoLeary on Wednesday December 03, 2025 @10:15AM (#46135435)
>Running for congress is already kind of a financially silly thing to do

Evidently it's not. There's another problem that it seems to me that it's mainly wealthy elite who get in. How many working class people are there in major leadership positions?

[ Parent | on HN ]
Re:Congressional lawmakers 47% pts better at picking stocks by Uehreka on Wednesday December 03, 2025 @10:20AM (#46135489)
> Evidently it’s not.

Cards on the table: I just don’t think people operate with single incentives like that, and even if they did, it’s a cost I’d pay easily.

[ Parent | on HN ]