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Pelosi wins again and triumphs over long odds
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Jan 9, 2024 16:29:44   #
fantom Loc: Colorado
 
Its comforting to learn that we have some of our smartest and best people leading and taking care of us in govt.---in spite of what biased mudslingers have to say.

Former House Speaker and Democratic Rep. Nancy Pelosi of California made a 65% profit on her stock trading portfolio in 2023, according to an analysis of House of Representatives financial disclosure records by the group Unusual Whales.

Pelosi put together a whale of a deal in the stock market with her husband, Paul, who is a venture capitalist in San Francisco. Unusual Whales reported that in 2023 the Pelosi portfolio dealt in trading options contracts. These allow the contract holder to purchase a stock at a lower price than its market value.

The group reported that the Pelosi deals outperformed the Standard and Poor’s 500 Index of the U.S. stock market’s largest companies by a margin of 40%.
“It’s a sign of quasi-insider trading that’s corrupt and should be banned – it’s either an addiction to risk or a sign of corruption,” said Jeff Hauser, the director of the Revolving Door Project.

To put the Pelosi margin of success in perspective, there is a common saying in trading that 90% of traders fail. There are wins and losses on both sides of a trade with a select few traders consistently earning high margins of returns.

The outlet reported that the Pelosi’s profits surpassed those of the largest hedge funds in the United States. The largest hedge fund, Bridgewater Associates, lost 7.6% last year while Republican donor Ken Griffin’s Citadel LLC topped most funds with 15.3% in gains. None were able to top the S&P 500 which gained more than 20%.

“There are teams of people at sophisticated hedge funds that exist to find minor arbitrage opportunities to make a profit,” Hauser said. “It’s preposterous to think they (Pelosis) are finding profit where Bridgewater or Renaissance Capital is missing it.”

Reply
Jan 9, 2024 17:05:49   #
hondo812 Loc: Massachusetts
 
“Show me a man that gets rich by being a politician, and I'll show you a crook.”
― Harry Truman

Reply
Jan 10, 2024 01:08:13   #
Wyantry Loc: SW Colorado
 
fantom wrote:
Its comforting to learn that we have some of our smartest and best people leading and taking care of us in govt.---in spite of what biased mudslingers have to say.

Former House Speaker and Democratic Rep. Nancy Pelosi of California made a 65% profit on her stock trading portfolio in 2023, according to an analysis of House of Representatives financial disclosure records by the group Unusual Whales.

Pelosi put together a whale of a deal in the stock market with her husband, Paul, who is a venture capitalist in San Francisco. Unusual Whales reported that in 2023 the Pelosi portfolio dealt in trading options contracts. These allow the contract holder to purchase a stock at a lower price than its market value.

The group reported that the Pelosi deals outperformed the Standard and Poor’s 500 Index of the U.S. stock market’s largest companies by a margin of 40%.
“It’s a sign of quasi-insider trading that’s corrupt and should be banned – it’s either an addiction to risk or a sign of corruption,” said Jeff Hauser, the director of the Revolving Door Project.

To put the Pelosi margin of success in perspective, there is a common saying in trading that 90% of traders fail. There are wins and losses on both sides of a trade with a select few traders consistently earning high margins of returns.

The outlet reported that the Pelosi’s profits surpassed those of the largest hedge funds in the United States. The largest hedge fund, Bridgewater Associates, lost 7.6% last year while Republican donor Ken Griffin’s Citadel LLC topped most funds with 15.3% in gains. None were able to top the S&P 500 which gained more than 20%.

“There are teams of people at sophisticated hedge funds that exist to find minor arbitrage opportunities to make a profit,” Hauser said. “It’s preposterous to think they (Pelosis) are finding profit where Bridgewater or Renaissance Capital is missing it.”
Its comforting to learn that we have some of our s... (show quote)


Insider trading. By a political insider.

The allegation should surprise nobody!

Reply
 
 
Jan 10, 2024 08:19:38   #
Watash
 
hondo812 wrote:
“Show me a man that gets rich by being a politician, and I'll show you a crook.”
― Harry Truman


Um Huh.

Reply
Jan 10, 2024 09:14:14   #
DennyT Loc: Central Missouri woods
 
Duh

“””Stocks close out 2023 with a 24% gain, buoyed by a resilient economy”””

https://www.cbsnews.com/news/stock-market-up-24-percent-2023-rally/

Insider trader bull

Reply
Jan 10, 2024 09:37:29   #
Triple G
 
DennyT wrote:
Duh

“””Stocks close out 2023 with a 24% gain, buoyed by a resilient economy”””

https://www.cbsnews.com/news/stock-market-up-24-percent-2023-rally/

Insider trader bull


Until the rules change, nothing will change.

https://www.barchart.com/investing-ideas/politician-insider-trading

Pelosi isn't even the biggest winner!

https://finbold.com/these-congress-members-made-the-highest-stock-returns-in-2023/

Reply
Jan 10, 2024 10:16:42   #
LinksUp
 
DennyT wrote:
Duh

“””Stocks close out 2023 with a 24% gain, buoyed by a resilient economy”””

https://www.cbsnews.com/news/stock-market-up-24-percent-2023-rally/

Insider trader bull


I think you might be able to stick your head up your ass about another couple of inches.

Reply
 
 
Jan 10, 2024 10:21:10   #
DennyT Loc: Central Missouri woods
 
LinksUp wrote:
I think you might be able to stick your head up your ass about another couple of inches.


What did I say that promoted such a vulgar juvenile response?
Grow up and act link an adult

Reply
Jan 10, 2024 11:20:01   #
skylane5sp Loc: Puyallup, WA
 
LinksUp wrote:
I think you might be able to stick your head up your ass about another couple of inches.

That would tear the stitches holding it in…

Reply
Jan 10, 2024 19:03:43   #
MrBob Loc: lookout Mtn. NE Alabama
 
fantom wrote:
Its comforting to learn that we have some of our smartest and best people leading and taking care of us in govt.---in spite of what biased mudslingers have to say.

Former House Speaker and Democratic Rep. Nancy Pelosi of California made a 65% profit on her stock trading portfolio in 2023, according to an analysis of House of Representatives financial disclosure records by the group Unusual Whales.

Pelosi put together a whale of a deal in the stock market with her husband, Paul, who is a venture capitalist in San Francisco. Unusual Whales reported that in 2023 the Pelosi portfolio dealt in trading options contracts. These allow the contract holder to purchase a stock at a lower price than its market value.

The group reported that the Pelosi deals outperformed the Standard and Poor’s 500 Index of the U.S. stock market’s largest companies by a margin of 40%.
“It’s a sign of quasi-insider trading that’s corrupt and should be banned – it’s either an addiction to risk or a sign of corruption,” said Jeff Hauser, the director of the Revolving Door Project.

To put the Pelosi margin of success in perspective, there is a common saying in trading that 90% of traders fail. There are wins and losses on both sides of a trade with a select few traders consistently earning high margins of returns.

The outlet reported that the Pelosi’s profits surpassed those of the largest hedge funds in the United States. The largest hedge fund, Bridgewater Associates, lost 7.6% last year while Republican donor Ken Griffin’s Citadel LLC topped most funds with 15.3% in gains. None were able to top the S&P 500 which gained more than 20%.

“There are teams of people at sophisticated hedge funds that exist to find minor arbitrage opportunities to make a profit,” Hauser said. “It’s preposterous to think they (Pelosis) are finding profit where Bridgewater or Renaissance Capital is missing it.”
Its comforting to learn that we have some of our s... (show quote)


You PRAISE insider trading... ?

Reply
Jan 10, 2024 19:11:33   #
fantom Loc: Colorado
 
MrBob wrote:
You PRAISE insider trading... ?


Sure do!

I'm studying to become a dimocrat and want to become well versed in their practices, schemes, scams, lies and distortions.

Anymore naive questions? Look up "sarcasm".

Reply
 
 
Jan 10, 2024 19:19:00   #
MrBob Loc: lookout Mtn. NE Alabama
 
fantom wrote:
Sure do!

I'm studying to become a dimocrat and want to become well versed in their practices, scams, lies and distortions.
Anymore banal questions?


Nope... Bye Bye .

Reply
Jan 11, 2024 04:45:49   #
wilpharm Loc: Oklahoma
 
fantom wrote:
Its comforting to learn that we have some of our smartest and best people leading and taking care of us in govt.---in spite of what biased mudslingers have to say.

Former House Speaker and Democratic Rep. Nancy Pelosi of California made a 65% profit on her stock trading portfolio in 2023, according to an analysis of House of Representatives financial disclosure records by the group Unusual Whales.

Pelosi put together a whale of a deal in the stock market with her husband, Paul, who is a venture capitalist in San Francisco. Unusual Whales reported that in 2023 the Pelosi portfolio dealt in trading options contracts. These allow the contract holder to purchase a stock at a lower price than its market value.

The group reported that the Pelosi deals outperformed the Standard and Poor’s 500 Index of the U.S. stock market’s largest companies by a margin of 40%.
“It’s a sign of quasi-insider trading that’s corrupt and should be banned – it’s either an addiction to risk or a sign of corruption,” said Jeff Hauser, the director of the Revolving Door Project.

To put the Pelosi margin of success in perspective, there is a common saying in trading that 90% of traders fail. There are wins and losses on both sides of a trade with a select few traders consistently earning high margins of returns.

The outlet reported that the Pelosi’s profits surpassed those of the largest hedge funds in the United States. The largest hedge fund, Bridgewater Associates, lost 7.6% last year while Republican donor Ken Griffin’s Citadel LLC topped most funds with 15.3% in gains. None were able to top the S&P 500 which gained more than 20%.

“There are teams of people at sophisticated hedge funds that exist to find minor arbitrage opportunities to make a profit,” Hauser said. “It’s preposterous to think they (Pelosis) are finding profit where Bridgewater or Renaissance Capital is missing it.”
Its comforting to learn that we have some of our s... (show quote)


Martha Stewart went to prison for less

Reply
Jan 11, 2024 14:43:45   #
fantom Loc: Colorado
 
wilpharm wrote:
Martha Stewart went to prison for less


Yes, but she wasn't Royalty like the Clintons, Bidens or BO's.

Reply
Jan 11, 2024 15:08:12   #
wilpharm Loc: Oklahoma
 
fantom wrote:
Yes, but she wasn't Royalty like the Clintons, Bidens or BO's.


they are teflon coated, Martha was not

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