Chris Josephs
๐ค SpeakerAppearances Over Time
Podcast Appearances
That one gets my blood boiling because it's like โ what frustrates me about this stuff is you can't sit on the committee. You can't be voting on these things. You can't be doing all this stuff in front of the American public. Meanwhile, I have a friend that is a consultant at โ
ey or uh deloitte he can't trade individual stocks i got friends in banking that can't trade individual stocks it's like why can you not let the low-level analyst the jp morgan buy you know apple yeah meanwhile you got these politicians buying up this 500 million military construction company I know the answer.
ey or uh deloitte he can't trade individual stocks i got friends in banking that can't trade individual stocks it's like why can you not let the low-level analyst the jp morgan buy you know apple yeah meanwhile you got these politicians buying up this 500 million military construction company I know the answer.
ey or uh deloitte he can't trade individual stocks i got friends in banking that can't trade individual stocks it's like why can you not let the low-level analyst the jp morgan buy you know apple yeah meanwhile you got these politicians buying up this 500 million military construction company I know the answer.
I mean, that's kind of the short. Rules for the not for me. Is that a fair? Yeah, 100%. And what's the history of the Stock Act that started because of the housing crisis? Yeah. So it was initially introduced in 2006. And the Stock Act literally what it says is stop. Stop trading on congressional knowledge. That's what it means.
I mean, that's kind of the short. Rules for the not for me. Is that a fair? Yeah, 100%. And what's the history of the Stock Act that started because of the housing crisis? Yeah. So it was initially introduced in 2006. And the Stock Act literally what it says is stop. Stop trading on congressional knowledge. That's what it means.
I mean, that's kind of the short. Rules for the not for me. Is that a fair? Yeah, 100%. And what's the history of the Stock Act that started because of the housing crisis? Yeah. So it was initially introduced in 2006. And the Stock Act literally what it says is stop. Stop trading on congressional knowledge. That's what it means.
So if you have a bill that literally says stop trading on congressional knowledge as the name of the act, you know that there's something already sketchy going on. And why was that not a thing to begin with? And so what happened to it? So in 2006, it got introduced. No politicians cared about it. You know, whatever.
So if you have a bill that literally says stop trading on congressional knowledge as the name of the act, you know that there's something already sketchy going on. And why was that not a thing to begin with? And so what happened to it? So in 2006, it got introduced. No politicians cared about it. You know, whatever.
So if you have a bill that literally says stop trading on congressional knowledge as the name of the act, you know that there's something already sketchy going on. And why was that not a thing to begin with? And so what happened to it? So in 2006, it got introduced. No politicians cared about it. You know, whatever.
After the housing crisis, they found out and they realized that there were around 33 politicians that set their portfolios up after talking with the officials at the Fed and, you know, the people building up the monetary policy. They reconstructed their portfolios while that whole crisis was going on. They didn't have to display or publicly talk about it because the Stock Act wasn't announced.
After the housing crisis, they found out and they realized that there were around 33 politicians that set their portfolios up after talking with the officials at the Fed and, you know, the people building up the monetary policy. They reconstructed their portfolios while that whole crisis was going on. They didn't have to display or publicly talk about it because the Stock Act wasn't announced.
After the housing crisis, they found out and they realized that there were around 33 politicians that set their portfolios up after talking with the officials at the Fed and, you know, the people building up the monetary policy. They reconstructed their portfolios while that whole crisis was going on. They didn't have to display or publicly talk about it because the Stock Act wasn't announced.
All that stuff came out after that, like, oh, while the housing market is crashing and Americans are losing their homes left and right, these politicians are moving millions, reconstructing their portfolios after getting out of the meetings with the Fed officials. So that's how it came back onto the center stage.
All that stuff came out after that, like, oh, while the housing market is crashing and Americans are losing their homes left and right, these politicians are moving millions, reconstructing their portfolios after getting out of the meetings with the Fed officials. So that's how it came back onto the center stage.
All that stuff came out after that, like, oh, while the housing market is crashing and Americans are losing their homes left and right, these politicians are moving millions, reconstructing their portfolios after getting out of the meetings with the Fed officials. So that's how it came back onto the center stage.
The Stock Act then gets introduced in 2012, and then it gets passed shortly after that. What is crazy in my head, though, is, like, what the heck was going on before it? Yeah. Like, what do... That, I think, was we were talking off camera, like, our generation, we grow up with it and we're used to it now because of things like that. It's like, how can they have not had any limitations before 2012?
The Stock Act then gets introduced in 2012, and then it gets passed shortly after that. What is crazy in my head, though, is, like, what the heck was going on before it? Yeah. Like, what do... That, I think, was we were talking off camera, like, our generation, we grow up with it and we're used to it now because of things like that. It's like, how can they have not had any limitations before 2012?
The Stock Act then gets introduced in 2012, and then it gets passed shortly after that. What is crazy in my head, though, is, like, what the heck was going on before it? Yeah. Like, what do... That, I think, was we were talking off camera, like, our generation, we grow up with it and we're used to it now because of things like that. It's like, how can they have not had any limitations before 2012?
What were they doing?