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

    • Adderbox76@lemmy.ca
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      2 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.

      • NotBillMurray@lemmy.world
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        2 months ago

        Man, someone needs to create an index fund which just follows their moves. If we’re not going to punish obvious corruption we might as well get something out of it.

        • hark@lemmy.world
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          2 months ago

          They don’t have to report their trades until 30 days later, with a slap on the wrist if they violate this incredibly lax requirement. By the time you follow, it may be too late.

        • Adderbox76@lemmy.ca
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          2 months ago

          Its nobody. It’s a fake person to avoid mentioning anyone in particular.

          Like referring to “Johnny Punchclock” or “Joe Everyman”

          • ArcaneSlime@lemmy.dbzer0.com
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            2 months ago

            Your mistake was using Butt-munch IA, which is not only real but it’s the county seat of Cornhole Co. Too believable.

    • FiniteBanjo@lemmy.today
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      2 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.