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.”
“Show me a man that gets rich by being a politician, and I'll show you a crook.”
― Harry Truman
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!
DennyT
Loc: Central Missouri woods
I think you might be able to stick your head up your ass about another couple of inches.
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
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…
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... ?
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".
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
wilpharm wrote:
Martha Stewart went to prison for less
Yes, but she wasn't Royalty like the Clintons, Bidens or BO's.
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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