Isn't it amazing how Nancy Pel

2024-05-09

Isn't it amazing how Nancy Pelosi's portfolio outperforms the market year over year?

Ex House Speaker Nancy Pelosi has amassed more than $196 million in wealth working on a congressional salary of $193,400. Year over year, her portfolio has been outperforming the market. Just in 2023 she racked up a 65% return on her stocks portfolio – more than double the S&P 500’s 24% gain, according to a new analysis from stock-trading data site Unusual Whales.

She has faced many accusations of insider trading. One notable instance occurred in March 2020, during the early stages of the COVID-19 pandemic. Her husband made significant purchases of stocks in companies such as Amazon, Microsoft, and Alphabet. These purchases came just before the stock market rebounded following a sharp decline due to the pandemic. When confronted by journalists she stuttered "It's a free market".

Pelosi's Perfect Timing! Will You Follow the Congress Trades?

Since late February, when Pelosi purchased up to $250,000 in call options, PANW stock has now risen by 41%. This is her second time buying PANW options this year, and the timing has been incredibly precise, bringing her over $1.5 million in profits this time. ------------------- Is it a good idea to follow Pelosi's trades for success in the stock market? If you could follow a particular influencer for trading, who do you think would be the best choice?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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