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Want to beat the stock market? Just copy Congress! Politicians' trades perform twice as well as market average and Nancy Pelosi's portfolio has grown by 50 PERCENT in 2023
MSN
Posted from msn.com
Congress
Finance
Posted 1 y ago
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Yup. She's wicked smart! Does here research and makes good choices. Hardly ever lost a vote as Speaker, either. I call that effective leadership. Meanwhile, House republicans needed how many votes to elect a Speaker... twice this year, and have produced almost nothing for American in the last year!!
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Maj John Bell
If you believe her stock market earnings are because she's "wicked smart," you are lost.
Throughout her career as a legislator, Rep Pelosi and her fellow legislators are privy to information that would be considered insider information if you or I had it. They are allowed to trade on that information. You and I would be having a long talk with the Securities and Exchange Commission if we traded on that same information. On the upside for us... we'd get to live off Uncle Sam for a few years. Oh, wait most don't consider prison an upside.
It isn't just a democrat thing. Both parties are involved. The deeper question is whether they are voting their conscience and profiting from it or voting to best represent their wallet.
Do you have any stats on her win loss record on democrat legislation passing the House while she was speaker, or are you just shooting from the hip?
That Speaker Pelosi had the democrats in lockstep should scare you. It is a clear indicator of the Democrats internal rot. They, democrats, are more loyal to party than to their principles or their constituents.
Throughout her career as a legislator, Rep Pelosi and her fellow legislators are privy to information that would be considered insider information if you or I had it. They are allowed to trade on that information. You and I would be having a long talk with the Securities and Exchange Commission if we traded on that same information. On the upside for us... we'd get to live off Uncle Sam for a few years. Oh, wait most don't consider prison an upside.
It isn't just a democrat thing. Both parties are involved. The deeper question is whether they are voting their conscience and profiting from it or voting to best represent their wallet.
Do you have any stats on her win loss record on democrat legislation passing the House while she was speaker, or are you just shooting from the hip?
That Speaker Pelosi had the democrats in lockstep should scare you. It is a clear indicator of the Democrats internal rot. They, democrats, are more loyal to party than to their principles or their constituents.
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Maj John Bell
If Rep Pelosi is so "wicked smart," perhaps the best thing she could do for her party is retire and manage the portfolios of the democrat donor class. Compare the % annual return on investment with financial professional. Then have the donor class donate 10% or 20% of that difference. The democrat war chest would be huge and their ability to outspend GOP and independent candidates would be crushing. Then we could get down to the business of being a "one party" democracy like communist China.
SFC John Davis MAJ Dale E. Wilson, Ph.D. Cpl Vic Burk Lt Col Charlie Brown LTC Stephen C. LTC Trent Klug
SFC John Davis MAJ Dale E. Wilson, Ph.D. Cpl Vic Burk Lt Col Charlie Brown LTC Stephen C. LTC Trent Klug
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LTC Trent Klug
Maj John Bell Ms. Pelosi has three things going for her. First, she won political office which is exempt from insider trading. Which as you wrote we do not enjoy that privilege.
Two, she is in a district of rich, apathetic voters.
Three, her husband has done investments in the big tech companies which are protected by his wife and the legislation of Congress.
She isn't 'wicked smart' in investing, she's 'wicked' in the sense she, and Congress, crafted legislation designed to protect her and them.
Two, she is in a district of rich, apathetic voters.
Three, her husband has done investments in the big tech companies which are protected by his wife and the legislation of Congress.
She isn't 'wicked smart' in investing, she's 'wicked' in the sense she, and Congress, crafted legislation designed to protect her and them.
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