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this post was submitted on 29 Jan 2024
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I could look at the furthest star in the sky and it wouldn't be as out of touch as Nancy Pelosi
And it would be less guilty of insider trading.
What was her insider trade?
Either she has an absolute savant of a portfolio manager or she is trading ahead of the headlines. In 2023 she was up >60%, most hedge funds had an ROI of 5-10%.
She is not the only member of Congress who is doing quite well in the market, on average they are up >35%.
She also lost with -19% in 2022, worse than the S&P 500 at -18%
Her "Portfolio Manager" would be her Husband, who owns an investment firm. Literally all of her reported trades are due to the fact that she and her husband have joint ownership of finances by law.
But doing well is not an insider trade, and congressmen have served prison time for insider trading in the past, so I'm asking specifically what trade did she have information on ahead of the public? All of her trades are reported by law. You seemed so confident that she was insider trading, what was the trade?