What about the case of North Carolina’s Senator Burr, who dumped large
amounts of stock after he attended a closed meeting on how bad the Covid
epidemic was going to be? Can you expect someone who knows that he will
lose several hundred thousand dollars if he doesn’t act on the
information to grit his teeth and take the loss? On the other hand, if
he sells, is he cheating the buyers?
— Barry
On 21 Jan 2025, at 18:18, Marcus Daniels wrote:
If our representatives get a little better inkling of where the
market is headed from being involved in governance, then I guess that
compensates for the money they don’t make in private industry. This
is an incentive to participate in governance. From: Friam
<friam-boun...@redfish.com> on behalf of Barry MacKichan
<barry.mackic...@mackichan.com>Date: Tuesday, January 21, 2025 at 3:15
PMTo: The Friday Morning Applied Complexity Coffee Group
<friam@redfish.com>Subject: Re: [FRIAM] Pelosi needs a cryptocoin
I’m not sure that we should require couples to get a divorce when
one is a politician and the other is a venture capitalist. Having said
that, it is hard to believe that information obtained by the
politician doesn’t leak to the VC. I agree that it is a problem, but
there seems to be a reason to distinguish between crooks. — Barry On
21 Jan 2025, at 18:05, Jon Zingale wrote:
https://www.quiverquant.com/congresstrading/politician/Nancy%20Pelosi-P000197
<https://www.quiverquant.com/congresstrading/politician/Nancy%20Pelosi-P000197>
I love that she is wrecking the SPY. Why bother to distinguish between
crooks? .- .-.. .-.. / ..-. --- --- - . .-. ... / .- .-. . / .-- .-.
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