What Political Party is Better at Stock Picking
Igor Manukhov - Oct 25, 2024
Democrats seem to be much better stock pickers than Republicans based on the results below.
Since we are approaching US elections and "the world is about to be over", I just could not resist sharing this chart and lighting up a mood a bit.
Believe it or not, there are funds in the US that track significant trades made by Democrats (symbol: NANC) and Republicans (KRUZ).
And you can invest in them. Naturally, I wanted to compare who is better at stock picking. It turns out that if you had to pick a party to manage your investments, you would have to go with Democrats. The rising black line on the chart below shows that Democrats portfolio outperformed Republicans by 21% since early 2023 (these ETFs are fairly new). Heck, it turns out that Democrats are so good at stock picking, they have even outperformed Warren Buffet by almost 7% (the rising pink line compares Democrats’ trading ETF to Berkshire Hathaway).
I guess those politicians are not completely useless after all.
