I remember reading they don't disclose the exact date and hour of the purchase and sale, so intra-day trading or tight timeline trades are impossible to measure, is that correct?
Looks like trade reports only include the date not the time: https://www.congressstock.com/trades
I asked Claude:
Does this article take into account intraday trading or trading where the purchase and the sale occurs within 45 days?
And:
"Is there a way someone could have generated a positive revenue even though they reported as negative?"
Conclusion -- their numbers could still allow someone to make positive return even though they report mostly negative alpha
Gosh I love AI for analyzing lousy reports and articles that are inaccurate.
If I remember right you can also disclose days, weeks or months after the actual transaction took place and just pay some miniscule fine as a slap on the wrists.