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

  • meleecrits@lemmy.world
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    7 months ago

    Semi unrelated question (also only semi serious): is there a program or script that can follow a person’s trades and make similar trades? Or is she one that, by the time the public knows, it’s already too late to jump on the bandwagon?

    • Screamium@lemmy.world
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      7 months ago

      By the time the trade is disclosed it’s been like a month and you may be part of the exit liquidity

    • mctoasterson@reddthat.com
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      7 months ago

      There is a congressional rule that requires individual stock trades of certain amounts to be publicly disclosed within 45 days. However this is apparently not really enforced right now.

      Some bipartisan congresspeople have proposed more restrictive rules and bans on stock trading, but those efforts haven’t gained traction yet.

      • dorron@lemmy.world
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        7 months ago

        etoro is a broker that allows you to “copy trade” popular investors and portfolios, which mimc trades according to how much capital you have invested, though Nancy ain’t gonna be on there

        There’s also ETFs such as ARK which are easy to get into, are managed by the likes of Cathie Wood and if they’re doing a good job, only go up

        Biggest regret in the last 15 years is not getting into it earlier tbh, if you have even a passing interest in trading, open a mock account (or a real one with some money you don’t mind “losing”) and just have a go - it’s very simple nowadays. Gone are the days where you need to pay $10 to a broker to even make a trade

    • Donut@leminal.space
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      7 months ago

      Look up Quiver Quantative. They actually track investment portfolios of members of the House and Senate and send out newsletters.

    • solsangraal@lemmy.zip
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      7 months ago

      just looking at the website, you can tell the target audience is specifically the 1% who want republicans to win. it’ll be the same shit with pretty much anything with “business” or “financial” or “economy” in the name of the site

      so yea, they will NEVER talk about the insider trading, cheating, fraud, etc. done by republicans

      • Kecessa@sh.itjust.works
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        7 months ago

        But even in social media, people have been so focused on her whole ignoring that she’s never #1 (heck, in 2022 she got beat by the S&P500) that I can’t help but wonder if there’s some underlying misogyny that explains it…

        • solsangraal@lemmy.zip
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          7 months ago

          underlying misogyny

          it’s not underlying, it’s blatant, and misogyny is a core part of the GOP platform. yes, republican women are most definitely misogynists

            • solsangraal@lemmy.zip
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              7 months ago

              everyone’s absolute top priority for the next three and a half months should be keeping trump out of the white house. complaining about dems doesn’t help to achieve that objective, it hinders it. when trump loses, by all means–criticize all the dems all the time. but at this point, bOtHsIdEs-ing anything is accomplishing nothing but strengthening an R win and weakening D

              • Kecessa@sh.itjust.works
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                7 months ago

                Please note that my original comment was me pointing out that people complain about a democrat while ignoring all the Republicans that do better than her, so please don’t tell me I’m complaining about the elected Democrats, my only criticism of Democrats was against electors hating on Pelosi instead of their true enemy.

      • Zipitydew@sh.itjust.works
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        7 months ago

        Why is buying LEAPS of the biggest tech growth stocks in the S&P 500 wrong? That’s literally Paul’s strategy. It isn’t much of a secret.

        He’s even lost money plenty of times on individual trades. He sold out of a 25,000 share Nvidia position. That at the time would have been worth around $600k. Had they held that position it would be worth $31M or so now. That’s a huge miss for someone supposedly getting insider info.

  • profdc9@lemmy.world
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    7 months ago

    The average Congresscritter doesn’t need to hoard gold bars in their house. Today influence peddling is only slightly more subtle.

  • anon_8675309@lemmy.world
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    7 months ago

    I despise that woman. When people say the left is as bad as the current GOP, she is who they’re looking at.

  • MehBlah@lemmy.world
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    7 months ago

    One of biggest crooks but not the biggest by far. Anyone who isn’t in government and gets that kind of return would have all the financial bureaucracies all up their ass.

    • FiniteBanjo@lemmy.today
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      7 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.

    • Hemingways_Shotgun@lemmy.ca
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      7 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.

    • Buffalox@lemmy.world
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      7 months ago

      That’s pretty good, and if you can maintain that, you’ll have 400% in 9 years.
      700% in a decade is very unlikely, without either insider trading or tremendous luck.
      I’m personally at 39% also for about 3 years, and AFAIK that’s slightly better than average.

      • LifeInMultipleChoice@lemmy.world
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        7 months ago

        It’s was her husband’s job wasn’t it? Not saying what they did was legitimate, but full time job vs side investment should make a difference.

  • Crackhappy@lemmy.world
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    7 months ago

    Fuck Pelosi. She’s a piece of shit. Just another symptom of this collapsing empire. FYI I am a democratic socialist.

  • jimmydoreisalefty@lemmy.world
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    7 months ago

    She is not a “Mama Bear.”

    She is a stock trader who is bought by the owner-class while happily doing their bidding, like most of our politicians. There are reasons why they are allowed to be career politicians.

    While AOC tries and fails to be her protégé, who knows she still has a lot of time, and looking at her record, she is well on her way to becoming the new Pelosi.


    According to the alternative data platform Quiver Quantitative, replicating Nancy Pelosi’s stock trades would have yielded returns exceeding 720% since May 2014. Despite these impressive returns, the former House Speaker continues to face criticism for alleged insider trading and the potential introduction of new trade ban rules for Congress members.

    Many have speculated that the California representative and other members of Congress benefit from insider information about laws likely to impact stock prices. For instance, the 2022 CHIPS Act, which offered subsidies for the semiconductor industry, has been a point of contention. Pelosi and her husband, Paul, sold 25,000 Nvidia shares at a loss when Congress approved the Act but later purchased Nvidia call options in significant quantities, as reported by Unusual Whales.

    In November 2023, Pelosi acquired 50 Nvidia call options with a strike price of $120 and an expiration date of December 2024, well before Nvidia’s 10-for-1 stock split. “That was definitely one that caught a lot of people’s attention,” noted Quiver Quantitative CEO James Kardatzke in an interview with Business Insider.

    For Nvidia investors, it might be reassuring to know that Nancy Pelosi is not the only member of Congress buying Nvidia shares. Representatives Morgan McGarvey of Kentucky and Stephen Lynch of Massachusetts have also added shares of the AI chipmaker to their portfolios.

    Pelosi’s trades attract significant attention, but she is one of many Congress members with a portfolio generating substantial returns. Republican Representative Dan Meuser of Pennsylvania has Nvidia as one of his top portfolio holdings, returning 512.8% since August 2019 and over 103% in one year. Similarly, Democratic Senator Sheldon Whitehouse of Rhode Island has invested significantly in the “magnificent seven” stocks: Nvidia, Apple, Amazon, Microsoft, and Alphabet. His portfolio has returned over 492% since February 2014 and over 50% in one year.

    Many popular online trackers monitor the trades of US government officials based on the philosophy of “if you can’t beat them, join them.” …Given that the STOCK Act of 2012 requires Congress members to report trading activities within 45 days of execution, the trade completion date isn’t known until much later.

    • SuddenDownpour@sh.itjust.works
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      7 months ago

      AOC - Pelosi’s protege? With all respect that is possible, this opinion is disconnected from reality.

      I’ll just paste the top headlines of Googling “AOC Pelosi”:

      Inside Nancy Pelosi’s War With AOC and the Squad - Apr 15, 2021

      ‘She got so mad at me’: book on the ‘Squad’ details AOC-Pelosi clashes - Nov 30, 2023

      Why AOC is behind Biden — while Nancy Pelosi is not - 5 days ago

      Video features deepfakes of Nancy Pelosi, Alexandria … - Apr 28, 2023

      The clash between AOC and Nancy Pelosi is now a play - Jun 26, 2024

      AOC says her life ‘completely transformed’ for the better after Pelosi stepped down from leadership - Nov 30, 2023

      Ocasio-Cortez Said Nancy Pelosi Mocked Her Because Of Her Age, New Book Relates - Nov 30, 2023

    • puppy@lemmy.world
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      7 months ago

      she is well on her way to becoming the new Pelosi.

      You accuse AOC but your copy paste only mentions Pelosi. You got any references to back up your claims?