found the best trading record in congress, an 87% win rate over 118 trades, and the guy just resurfaced to buy SpaceX on IPO day
I've been scoring every member of Congress by how their disclosed trades actually played out, and one guy blows the rest away.
John James (R-MI): 118 closed trades, 87% winners, roughly +22% average per trade. The members with a real sample size average about 57%, so it isn't a bull market or a tiny sample doing the work. There are real losers in there too, worst one down 44%, next to winners like THC +201% and META +56%.
The wild part: after that run he stopped trading completely, didn't buy a single stock for about two years per his filings. Then last month he shows back up and buys SpaceX on the first day it traded.
Fair warnings, disclosures lag over a month so you never get his price, and he's been flagged before for filing trades late. But 87%, then two years of silence, then SpaceX on day one, is a hell of a sequence. Anyone have a read on him or the SpaceX buy? Not holding any of it myself.