Yeah, and her trades are enormously successful. There are Twitter pages solely dedicated to tracking Pelosis trades so they can pick the exact same ones because, surprise, she has a crazy good track record.
You guys? I've voted left or independent in every election I've been a part of. The topic was about Pelosi. So I spoke about Pelosi.
Maybe, just maybe, people like to call it out when they see it regardless of party. I know this is a shocker, but not everyone is polarized to one side. Another crazy idea, but maybe just maybe both sides of the aisle are corrupt, and we are run by corporations.........oh goodness, no, the left is perfect, apparently.
She had a 700% return over a decade. The average SPY historical return is 10.26% lmao. In 2023 she had a 63% return against SPY. So again show me your facts because I have mine.
This is why the democratic party is so hard to support. Between the DNC rigging elections against candidates I like and people like you making people out as nazis if they even think about criticizing your own party.
The whole system is decaying with corruption and the left isn't any more immune than the right.
Easy on crypto. And one stock. I also had a 600% return in crypto because i bought it in 2012.
Do it for a decade with a whole portfolio.
The average return rate for the average user is 10% with a 95% failure rate.
Some of her big wins have come on the back of making trades with big legislative changes coming shortly after. Your naiive if you think Congress isn't benefiting from insider trading.
That's not insider trading. Things up for vote in Congress are public knowledge. Even if she was pushing legislation that would specifically help her investment positions, that's still not insider trading. You could say it's a conflict of interest, and I would agree with you on that, but it's something pretty much everyone in Congress does because it's not illegal.
The ETF that tracks republican investments is current lagging behind the ones that track democratic investments. Every republican trade I’ve seen, is far behind democrats. But I’m happy to be proven wrong.
The law says they have to disclose their personal account trades. They don't need to disclose trades of companies that they own - so most just create a shell company or non-profit to trade under.
Really? They create shell companies to get around disclosing trades. And politicians getting rich off information the public doesn't have. That's not a problem?
Congresspeople don't really have that much inside information. This whole issue is overblown.
Nearly every report, every briefing, every blah blah, is reported on elsewhere beforehand.
They create a shell company to avoid the online drama (this attention to Pelosi is exactly the example because she's not even doing anything wrong), but they seldom have any tradable inside knowledge.
She's definitely benefitting from insider trading. Look at her track record. There's people out there who only trade what she trades, lol. A lot of people have gone back and tracked her trades, and they are so peculiar. There's no way she didn't have knowledge. She doesn't even hide it.
Yes I do. Do you know what the average return for a regular trader is? 10% with a 95% failure rate. Pelosi had 700% return over a decade, 65% return last year.
700% return.....if you think she's that skilled, I have a bridge to sell you.
The information is there. They have Twitter pages dedicated to tracking Pelosi trades because she never misses and many have gone pretty deep into her trades and dates and correlated them to other events, where either she'd been consistently one of luckiest people, or insider trading.
If anybody could prove it, they'd probably be dead lol. If everyone was actually caught of illegal activity, we wouldn't even have a government.
Well, that's not even what I said. I said they had Twitter pages tracking her public trades because it's pretty obvious she does extremely well on the stock market from insider trading. It's not that hard to understand.
As I said, I dislike Pelosi. She is probably insider trading. But what you have are a laundry list of coincidences, no proof.
Just as I wouldn't definitely say Trump is a Russian asset, despite his clear cozying up to putin, his clear defense of Russian interference, we have a lot of coincidences pointing to Trump being a Russian asset. But I wouldn't make the claim that he is until we have proof. We do not.
Pelosi should be investigated. I'm with ya 100%. I'm just really tired of people equating suspicion with proof.
Her NVDA calls in 2022 are the most outrageous ones. You can find some detailed reddit posts about why these specific trades are just nuts. But no just dick ride the lady who takes millions by being corrupt. I don't understand people like you, do you guys crave being screwed over? Is it a fetish or something?
It's illegal for anyone to commit insider trading. tell me how so many politicians get rich shortly after being elected? If pelosi is trying to prohibit this from happening, then why is she still trading? Seems hypocritical.
Just to be clear. I'm not attacking pelosi for no reason. This goes to all and any politicians who do this
It's only insider trading if they use publicly not available information. This is hard to prove, but even the appearance of it should be avoided. So in my opinion members of congress, heads of departments, presidents or their families shouldn't trade.
If there is no legal requirement, then stopping all your trades and your husband resigning from his job would be a big step. Nancy isn't Bernie, her ethics don't stop her from earning money if she can't get in trouble for it.
Just because it's hard to prove doesn't mean it's not obvious. And I'm not saying she's Bernie, I'm saying she's hypocritical. Saying one thing and then doing another is very much so "rules for thee"
The rules aren't enforced for her or other members of congress. She is playing by the rules, just like her colleagues, but wants those rules to be changed.
Personally I would accept if Clarence Thomas started to push against corruption in the supreme court too.
Also she is probably hypocritical, but I hope her better politics are because the attack on her husband made her overthink her morels.
Yeah of the 10 top performing traders in congress like 8 or 9 are Republicans, but the cons always get to pin this on Nancy while their team blocks legislation restricting trading.
She's always the face of this conversation, but it's for purely political reasons.
Both sides will condemn corrupt Democrats but only one side will condemn corrupt Republicans. When the left says corruption they mean corruption, when the right says corruption they mean political opponents.
The ETF tracking her is months behind and by the time she has to report it's very possible she's already exited the position. ETF's based on congress are just a load of shit because of the reporting delay. She beat the market pretty heavily last year. https://finance.yahoo.com/news/members-congress-outperformed-p-500-182024981.html
No they don't, over the last year she tripled the s&p, over the past 10 years she 7x'd her investment while the s&p only 2x'd.
EDIT: To give a better idea - that article you linked looked at March 2023- March 2024, conveniently ignoring all other time frames where she massively outperformed the S&P. In the literal same article you posted, it tells you that if you had followed her investment strategy for the past 5 years you'd have out performed the S&P. And that's by investing specifically in the $NANC which has a 0.75% expense ratio, and it STILL outperformed it, meaning that the returns that she got without that expensive ratio are even higher over the S&P.
Over the last 10 years she outperformed the S&P 500, but she did not tremendously outperform the QQQ, which makes sense because she primarily invests in big tech stocks. It can easily be argued that she invested wisely without insider trading to beat the S&P, and then the Stocks act of 2012 had unintended consequences by snowballing her investments due to the natural after the fact exposure it generates, but you don't have to lie and say she didn't to defend her.
I get a kick out of people saying she’s committing insider trading when her husband is buying Apple, Google, Meta, Tesla, Visa, BoA, and other top performing companies.
You mean all of the top 10? Because there's actually no established insider trading from Pelosi or her husband at all lol, she just gets targeted because she's a democrat and her husband has a stock portfolio. A very common-sense stock portfolio, which underperforms the S&P 500.
LMFAO she isn't even the top trader in congress or the richest congress member, but she's the face of the meme despite those distinctions both belonging to Republicans.
You can do whatever you want; I was inferring that you're stupid for saying you can't criticize a Democrat in a thread that went out of it's way to criticize a Democrat.
It's weird that you can recognize that Republicans are shitty people who do a lot of bad things, far more often than Democrats, but can't understand why people would talk about them.
Republicans get more criticism because they deserve it, they act bad fat more often.
Do you seriously think people should just make stuff up about Democrats so that you feel it's even?
You go ahead and try to pass a law to stop people from grabbing fish out the river but they turn it down. And you just sit there and watch the salmon spawning, but don’t stick your hand in the water. That’d make you a fool.
Or maybe if she would just publish her trades three days before the transaction goes through??? Then invite her peers to do the same. Lead by example and all that.
Don’t hate the player hate the game. Nothing wrong with playing by the rules as written, especially if you’re trying to fix the rules.
I believe in taxes, doesn’t mean I’m not going to declare my deductions. I believe in renewable energy, doesn’t mean I’m going off grid until my country hits 100% renewables.
Gay minority gunowner here, I refuse to surrender my weapons while my enemies still possess theirs but I still advocate for greater regulation. Is my behavior better or worse than Pelosi's?
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u/Not_a__porn__account 5d ago edited 5d ago
That would hold a lot more weight if she stopped trading too.
But she hasn't.
She deserves recognition for trying.
She deserves condemnation for doing what she's trying to make illegal.
Edit: What a weird brigade of defense...