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Did Dan Goldman Beat the Stock Market?

Politician Stock Tracker

Did Dan Goldman beat the stock market? On the stock purchases he has disclosed since January 2023, our answer is no—at least in this window. Those buys returned about 47%. Buying the S&P 500 with the same money on the same days returned about 92%. He made money in absolute terms in many cases—but still trailed simply matching the index. That is a narrow lens on STOCK Act disclosures—not his entire wealth.

The short answer

Question What our data shows
Did disclosed buys beat the S&P 500? No — about 47% vs 92%
How many buys? 139 purchases we could price since January 2023
Did he pick great days to trade? Mixed/above chance — about 53% vs a 50% luck baseline

Beating the market on what he bought and beating it on when he traded are different questions.

How we compare him to the market

Imagine this: every time Goldman disclosed a stock purchase, you bought the same amount of the S&P 500 (through SPY, a fund that tracks the index) on that same day. Then you compare the two paths.

  • Goldman's disclosed buys: about 47%
  • S&P 500 on the same dates: about 92%

His most-disclosed names include TSLA, CRM, DG, MSFT, MDLZ. He is one of the busiest disclosers in Congress—high volume did not produce market-beating buy returns in this window.

Dan Goldman disclosed stock buy returns vs matched S&P 500 purchases

Limits to keep in mind: disclosure forms report dollar ranges, not exact share counts. This measure covers disclosed stock purchases only—not every asset class. Full details live on his Dan Goldman stock tracker page.

Timing is a separate question

Some people hear "beat the market" and mean "he knew the perfect day to buy." That is trade timing—and we measure it separately.

50% is roughly what random luck looks like. Goldman's overall score sits around 53%:

Measure Score vs 50% luck
Overall 53% +3 points
Buys 38% -12 points
Sells 59% +9 points

With high confidence and 1,088 scored trades across 643 stocks, treat this as directional, not definitive.

Dan Goldman stock trade timing vs random luck on the same stocks

Track this on Politician Stock Tracker

Follow Goldman's numbers on Politician Stock Tracker at his Dan Goldman stock tracker page—or browse politicians beating the market for wider comparisons.

Politician Stock Tracker — congressional stock trade data

Disclaimer

Data compiled from public STOCK Act financial disclosure filings. Return and timing figures use disclosed purchase ranges and statistical models; they are not audited portfolio statements. Not investment advice.