Nancy Pelosi’s Rant Against Cease-Fire Supporters Will Hurt Biden’s 2024 Campaign - eviltoast
      • Death_Equity@lemmy.world
        link
        fedilink
        arrow-up
        10
        ·
        9 months ago

        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%.

        • doctorcrimson@lemmy.world
          link
          fedilink
          arrow-up
          2
          ·
          edit-2
          9 months ago

          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?