According to the alternative data platform Quiver Quantitative, replicating Nancy Pelosi’s stock trades would have yielded returns exceeding 720% since May 2014.

  • kandoh@reddthat.com
    link
    fedilink
    arrow-up
    33
    arrow-down
    1
    ·
    4 months ago

    She’s not even in the top 5 for Congress, why does she catch all the flack?

    • Adderbox76@lemmy.ca
      link
      fedilink
      English
      arrow-up
      24
      ·
      4 months ago

      I presume it’s because she’s seen in somewhat of a “senior leadership” position.

      Johnny Beluga, the esteemed congressman from butt-munch, Iowa might have five times more illicit gains than her, but no one knows who he is, so fewer people would watch the news to hear about him.

    • FiniteBanjo@lemmy.today
      link
      fedilink
      arrow-up
      7
      arrow-down
      2
      ·
      4 months ago

      She’s the most consistently well off Democrat trader, as well as occasional speaker of the house of representatives, so the right shits on her and so does the left.

      TBH I’m not that against her, she helped pass the transparency laws we currently have over traders in congress, and all of “her” trades are due solely to the fact that when she was in college she married a guy who now owns an investment firm. All of his trades belong to her by nature of joint assets. One of her most notorious trades was when VISA attempted to give her husband some amazing stock options before a big vote on regulations on creditors, of which he bought, and then she voted against VISA’s interests for the regulations. Paul still made a profit, though.

    • pyre@lemmy.world
      link
      fedilink
      arrow-up
      3
      arrow-down
      1
      ·
      4 months ago

      yeah she was only the leader of the party for like a quarter century