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How to Pick Stocks Like You’re in Congress

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The team at Autopilot, an app that lets you copy the trades of Nancy Pelosi’s husband (up forty-five per cent last year) or Dan Crenshaw (up forty-one), choose their newest offering, Jack Truesdale writes.

Not long afterward, Chris Josephs and a few friends started a social-media app called Iris, focussed on stock-market transactions for the casual investor. But its users weren’t impressed with one another’s returns. “Everyone kept demanding, ‘I want to trade what Nancy Pelosi trades,’ ” Josephs said recently. The Iris team came up with Autopilot, a choose-your-own-money-manager app.

Mullin was up thirty-three per cent. At the office, Josephs pitched the Mullin portfolio to his co-founder Brian Schardt. “I would say we add another Republican, another Democrat,” Schardt said. “We gotta keep it even.” “We just want to follow the money,” Josephs said. He perused his notifications. Tens of thousands of people had seen the Mullin video. “You’re a modern patriot, thank you,” one commented.

 

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