Saturday, October 2, 2021

Young traders making out by following Mr. Nancy Pelosi’s investments

NPR story from wfuv dot org 

“Among a certain community of individual investors on TikTok, House Speaker Nancy Pelosi's stock trading disclosures are a treasure trove. ‘Shouts out to Nancy Pelosi, the stock market's biggest whale,’ said user 'ceowatchlist.' Another said, ‘I've come to the conclusion that Nancy Pelosi is a psychic,’ while adding that she is the ‘queen of investing.’”

A Pelosi spokesman said the speaker of the house “does not personally own any stocks and that the transactions are made by her husband. ‘The Speaker has no prior knowledge or subsequent involvement in any transactions,’ said the spokesperson.

Yeah, whatever. Knowledge of the market or not, her husband’s investments make money.

https://wfuv.org/content/tiktokers-are-trading-stocks-copying-what-members-congress-do

Link at knuckledraggin.

2 comments:

  1. Next stage will be Congress doing the "Pump and Dump" by reporting quickly on some stocks and waiting the 45 day period on their long term picks.

    ReplyDelete
  2. Yep. Can't have deplorable citizens crashing the gates of Marie Antoinette's party.

    ReplyDelete

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