[1][2][3][4] The society is known for hosting naked parties and socials, which the group moderates to make sure they remain safe spaces for the individuals attending.

Phelps was the original prototype of the star professor, whose lectures were considered so witty, so brilliant, and entertaining, that attendance at his course became known as a not-to-be-missed feature of the Yale undergraduate experience.

[9]The Pundits doubtless did not originally hold naked parties but contented themselves with assembling the wittiest and most brilliant members of the senior class for a weekly dinner and participating in a series of elaborate pranks and lampoons intended to deflate pomposity and pretension among the student body.

[10] There is a rumor that they possess a secret island located between mainland Canada and the United States, which they use as a hide-out when fleeing the publicity caused by their pranks.

The group's late-nineteenth and early-twentieth century focus on lampooning the social and political world was well-documented in the university's yearbook and the Yale Daily News, the entries of which are considered among the first use of the term "pundit" to refer to a critic of or expert on contemporary matters.