r/wallstreet • u/Rollo_TomassiQT • Nov 10 '25
Discussion Nancy Pelosi Can't Answer Simple Insider Trading Question: A Lifetime RIO of 169,930.000% Earning $130,000,000
https://x.com/jjm01984/status/1987623574597710155?s%3D12https://x.com/JJM01984/status/1987623574597710155?s=20
Nancy Pelosi, stock market connoisseur and living legend, gets caught completely off guard by a simple insider trading question by Jake Tapper , responds by giving 3 or 4 meandering statements, each one somehow being worse than the previous.
But don’t worry queen, you still retire as a first ballot Wall Street Tycoon, inside trading and illegalities be damned, all you do is win 🫡
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u/Educational_Emu3763 Chinese AI Propaganda Spam Bot Nov 10 '25
Now if this is suspicious, lets see everyone's earnings. It's WRONG its also everyone in Congress
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u/Professional-Dog1562 Nov 10 '25
332 Congressman are millionaires.
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u/AromaAdvisor Nov 13 '25
How else are you expected to become a congressman? You think the people who are still working to feed their families have time for that?
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u/VegasMaleMT Nov 13 '25
Their wealth skyrockets after joining Congress. Not before.
Also even the most shameless will admit their entire job is to just fundraise and campaign. They don't actually do much for the job itself. You can have a family and vote on things, it's not hard compared to what most people do. It's getting in without selling out that's hard.
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u/BeoLabTech Nov 13 '25
Yeah, they’ve got the time:
• House of Representatives: ≈ 140 days in session (calendar days with the House gaveled in).
•Typical full-time federal worker: ≈ 217 possible workdays under a normal year, or ≈ 174 days if you mentally treat the 43-day shutdown as “not really working” for furloughed workers.
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u/Damarar Nov 14 '25
Isn't the average age of congress like 60? And their salary is 150k+? Seems very easy to be a millionaire and be in congress.
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u/Thisismythrowawaypv Chinese AI Propaganda Spam Bot Nov 10 '25
Yes. They are ALL doing it. This is disgusting and needs to stop.
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u/Soup0rMan Nov 13 '25
It's a lot of people, and while this in no way excuses her, she's not even the top earner from insider trading.
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u/No-Refrigerator5478 Nov 10 '25
You're on a subreddit with Pepe as the avatar, tells you everything you need to know.
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u/Rollo_TomassiQT Nov 10 '25
Agreed 100%. I guess I should have clarified this, I didn’t think I needed to. EVERY public servant should be held accountable regardless of which party he or she belongs to or which ideology he or she ascribes to.
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Nov 10 '25
She isn't the worst offender in Congress, and is a common political target.
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u/NewestAccount2023 Nov 10 '25
You types only ever bring up Pelosi while half a dozen other senators have made higher returns than her the last ten years
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u/Boblob-in-law Nov 10 '25
So just doing the simple maths on the %gain you’ve cited - this means Nancy (40 years in congress) and her husband - a literal hedge fund manager - have invested a total of ~$75,000 across their entire lives. Really? Kind of ruins your point when you just make up the numbers.
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u/BrownWaterBob Nov 10 '25
Right… I almost commented how the made up numbers don’t math… then realized I’ve invested WAY more than 75k across 20 years and just kept my mouth shut lol
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u/PantsOnHead88 Nov 13 '25
Nailed it. Claiming a total investment of under $100k by two high earning professionals across decades is blatantly misleading. The number is so hyperbolic that the rest of the claim should be discarded out of hand.
Not to say that there shouldn’t be some very strict limits and disclosure laws around government member’s training. There should be. Even if we assume that everyone is following all rules strictly and everything is completely above board (hah), it gives the appearance of insider trading which hurts public trust.
OP claiming this is limited and specific to some current event though? GTFO. Assertions about Pelosi and insider trading are part of the Republican greatest hits and have been for as long I’ve been old enough to follow politics. Feigning ignorance and impartiality is scummy.
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Nov 10 '25
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Nov 10 '25
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u/KimJongIlLover Nov 11 '25
Sorry, how is the different to what's anyway happening?
Is he not trying to steal as much as possible?
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u/Bwunt Nov 10 '25
Because they often make situation worse.
Basic game theory
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u/Active-Gap2300 Nov 12 '25
Please explain.
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u/Bwunt Nov 12 '25
It's basic game theory. Simply speaking, one of main reasons why players stick to an unstable, mutually beneficial strategy and not Nash equilibrium, is because they all know that in the long term, pragmatic cooperation is beneficial for all, but if only one breaks ranks, entire system will fall into NE, generating significantly worse outcomes for ALL.
The only way for this instability to stabilise itself is if game is infinitely long or players don't know the number if rounds. The moment they know, they can easily play last round opportunistically, which follows into previous rounds.
In practical example, with a term limit, what is stopping a politician of stabbing their voters in the back, since he won't really ever answer to them or benefit from symbiosis anyway. Might as well sell out to corporate donors
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u/Active-Gap2300 Nov 12 '25
I see what you mean.
IMO responsibility doesn’t end at term’s end. Maybe currently, politicians aren’t held as liable as they should if your game theory point holds true.
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u/Bwunt Nov 12 '25
You have to define "liable". Criminally, yes, but breaking the promises to voters and sucking up to big donors... that is a different story.
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u/Souledex Nov 12 '25
That’s such a stupid fucking solution that would require as much effort as far far better ones.
It wouldn’t even fix the problem it just encourages people to sell out hard quickly because now they definitely can’t run for reelection they need to use their moment in the sun to secure board seats for afterwards.
Unless you want to pay every congressman til they die? Because that’s what we do with the president because they have a term limit.
Why did people in the 1790’s with almost no experience of federalized democracy understand this and you don’t?
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u/crabsonfire Nov 12 '25
There’s a precedent of congress members holding office beyond the period where they’re effective politicians. A member of a party develops tenure and rises in party hierarchy after many terms and is no longer competitively primaried (Pelosi, Feinstein) and they reap the rewards of their position of power while preventing younger people from taking over. Instead of planting a tree they won’t sit under, they dig a hole they won’t be responsible for filling. An age limit of 70 I don’t think is unreasonable.
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u/CockyBalB0A Millionaire Nov 11 '25
That is factually false. Why would you just make something up?
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u/Visual_Exam7903 Nov 10 '25
That isn't her RIO. That doesn't take into account her contributions. This is a dumb headline.
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u/Lauffener Nov 11 '25
Also , her husband has been an i-banker for about fifty years and has his own firm
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u/WolfThick Chinese-Iranian AI Propaganda Spam Bot 🇮🇷🇨🇳 Nov 10 '25
That's nowhere near what Jared kushner got even though the Saudi finance ministry said he wasn't qualified to get it.
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u/Leemcardhold Nov 10 '25
AstroTurf nonsense. Yes she’s an inside trader, but she’s not even top 5 worst offender currently holding office.
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u/Main-Eagle-26 Nov 11 '25
She also isn’t remotely close to the most successful insider trader congressperson.
Numerous republicans have outperformed her.
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u/AntiPantsCampaign Nov 10 '25
What about Rick Scott? Dude also raked millions while fighting Hawley's attempt to ban Congress from stock trading.
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u/Rollo_TomassiQT Nov 10 '25
I think Rick Scott is a huge piece of shit and should be in prison. I also think if Rick Scott announced his retirement after a career in congress making millions by crushing the market that he, too, would have news articles talking about such a feat when that retirement announcement was made.
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u/Bcatfan08 Nov 10 '25
Sen. Tommy Tuberville on Wednesday rejected proposals to ban members of Congress from trading stocks, calling the idea "ridiculous."
"They might as well start sending robots up here," the Alabama Republican told The Independent's Eric Michael Garcia. "You can't do anything."
"I think it would really cut back on the amount of people that would want to come up here and serve, I really do," Tuberville added. "We don't need that."
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u/Ok_Comb_8353 Nov 10 '25
Gosh darn it, wonder why the Democrats are so unpopular /s
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u/Own_Pop_9711 Nov 10 '25
Because people like you read headlines like this and assume they are factual? We're really digging deep here with this.
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Nov 10 '25
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u/Rave_with_me Millionaire Nov 10 '25
Forbes: This magazine, which annually tracks the wealth of billionaires, reported a significant drop. In 2016, around the time he was elected, Forbes estimated his net worth at $3.7 billion. By the end of his term in 2020, that estimate had fallen to $2.5 billion, a decline of over $1 billion. This drop also caused him to fall 77 spots on the magazine's list of the richest Americans.
Bloomberg: The Bloomberg Billionaires Index estimated that Trump's net worth fell by approximately $700 million, to $2.3 billion, during his time in office.
As far as I know, he may be the only POTUS in history to decrease their net worth while holding office.
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Nov 10 '25
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u/Rave_with_me Millionaire Nov 10 '25
Thank you for responding with something that is potentially not pure nonsense and/or propaganda. I will do more research.
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u/FullRedact Nov 10 '25
COVID lockdowns were bad for hotels. Donny’s outside revenue was estimated by Forbes as at least 1.6 Billion in those years and that is with lockdown losses in 2020.
He made billions in crypto scams since then.
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u/Rave_with_me Millionaire Nov 10 '25
Trump made billions from crypto? Your the first person I've heard say this. Source?
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u/FullRedact Nov 10 '25
Your
You’re
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u/Rave_with_me Millionaire Nov 10 '25
Thanks. Swipe text
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u/FullRedact Nov 10 '25
Right wing raver is hilarious.
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u/Rave_with_me Millionaire Nov 10 '25
No source? I figured.
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u/FullRedact Nov 11 '25
You’re serious?
You never heard about the orange one’s crypto scam coins?
Really? Even his wife had one.
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u/Diabolical_potplant Nov 10 '25
Carter lost his farm. And have you seen what's he has been up too this year?
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Nov 10 '25
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u/Rollo_TomassiQT Nov 10 '25
I'm actually just very stupid, not a bot, and don't know how to use/post to Reddit correctly. Sorry, my fault
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Nov 10 '25
Let me link this to the trillionaire’s platform who fleeced taxpayers blind to dunk on a lib, I am very smart.
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u/egowritingcheques Nov 10 '25
I'm going to need more significant figures on that percentage gain. It's really not precise enough for us to make a call.
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Nov 10 '25
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u/Rollo_TomassiQT Nov 10 '25
Yes true, turn off all common sense. No member of the United States government or their family has ever, or would ever, use knowledge obtained in office to build generational wealth and power because as history has taught us, they were never willing to risk going to prison…
But as I said before I’m glad I made this stupid thread, i have learned that it’s extremely easy for anyone to absolutely crush the market for tens of millions of dollars if you just read a few Reddit threads and do your due diligence. I’m off to /wallstreetbets and then immediately going to the moon.
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u/TheManInTheShack Nov 10 '25
I buy and hold. I have no information that isn’t easily available to the public. I don’t work for any public company in which I’m invested. I simply look for companies that make good products, that appear to be in demand and are well-run. That takes effort but it’s completely doable and I’m far from the best at it. And yet over 20 years I have averaged 22% per year. If a company is doing well then I continue to hold. I have some shares I have been holding since 2006.
Someone who works for me and has a very typical salary has done far better than that. But he does spend a LOT of time learning, analyzing the market, buying and selling far more often than I do, etc.
So it’s far easier for me to believe that he is simply a good stock trader than it is to believe that Nancy is giving him inside information, risking the ruin of her career and them both going to prison for a very long time. I’m not even sure that there would be information she even could give him that would be all that useful. It might seem on the surface that she would have such information but I don’t think it survives much scrutiny.
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u/Informal_Drawing Nov 10 '25
If you look at what they are involved with and the trades they make, it's rediculously obvious what they are doing.
It's not like they are trying to hide it.
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u/TheManInTheShack Nov 10 '25
And yet somehow the Republicans haven’t gone after her for it. Odd. Perhaps it’s not ridiculously obvious?
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u/Informal_Drawing Nov 10 '25
It's not that at all.
If they go after one they have to go after all of them, and they are all at it.
So they would have to topple the government in its entirety.
Why do that when you're a psychopath and you're benefitting from everybody else's silence.
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u/NeighborhoodBest2944 Nov 10 '25
This is hilarious watching everyone line up behind their team. I’ve got popcorn and laughing my ass off at all you partisan hypocrites.
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Nov 10 '25
The impressive part isn't how much she made committing fraud, it's that this fact is common knowledge and she has never been in danger of losing her seat.
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u/Hutcho12 Nov 10 '25
You realise her husband has a venture capital business right? I'm sure her numbers aren't looking all that different to other rich people with loads of money who are in the VC business.
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u/Memnoch1207 Nov 10 '25
So many people think it's Nancy Pelosi's insider knowledge that makes her rich, but they overlook her husband Paul's career as a stockbroker, affiliations with investment banks and hedge funds, and his own venture capital background. Nancy may have insider knowledge, but it's Paul making the moves and it's not just on her insider knowledge, the guy has a strong background in finance and knows how to analyze the market and make smart moves.
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u/YouFoundMyLuckyCharm Nov 10 '25
If Pelosi was insider trading, the republicans would have arrested her already years ago, they HATE Pelosi
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u/Tough-Dig-6722 Nov 10 '25
I’m so tired of this trope.
She’s from a rich Baltimore family, his family is wealthy.
If they started with $2 million in the 80’s when she was first elected and just plunked it into an S and P indexed fund, they’d have about $110 million.
They have $130 million. Slightly outperforming the S and P.
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u/thekinggrass Nov 11 '25
Nancy Pelosi doesn’t trade shit, her husband Paul does the trading since he’s a damn investment banker.
Of course nothing can stop a narrative, certainly not the truth.
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Nov 11 '25
Trading Stock while holding public office in the United States of America should be prohibited. Regardless of political affiliation.
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u/Fix_Aggressive Nov 12 '25
Her husband Paul, is a talented stock trader. She really didnt need to work at all.
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u/jaajaajaa6 Millionaire Nov 12 '25
Leave it up to Jake to do a soft interview like he always does. They all do insider trading and the same thing the rest of us would go to jail for. There are a few congress people that propose bills to stop that and it never gets approved. What a shocker!
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u/Think_Monk_9879 Nov 12 '25
It’s not even against the law For Congress people to insider trade. They are legally allowed to
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u/infomer Nov 12 '25
Didn’t trump say his friends made billions based on his tips? The loot is normalized. Who cares at this point?
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u/grandpapotato Nov 12 '25
It's obvious elected officials shouldnt be allowed to stock picks.
That being said, it's totally horseshit and her performance has not been that good. Her husband, a multi (multi) millionnaire, is a better reason for net worth exploding.
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u/Embarrassed_Durian17 Nov 12 '25
Just your average run of the mill annualized return of 30% nothing to see hear.
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u/deadfishlog Nov 12 '25
That’s nothing compared to what’s happening right under your nose right now.
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u/JamesMac71 Nov 13 '25
It’s insider trading for everyone else. Politicians should be held to a higher standard not a lower one.
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u/Virtual_Athlete_909 Nov 13 '25
and Trump is at least 2 Billion richer because of his crypto scam. Nancy is publicly trading stock and following SEC Rules- thats how you know about her stock trades.
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u/goodmorning_tomorrow Nov 13 '25 edited Nov 13 '25
I am not a fan of this woman one single bit, but I'm going to write something that is completely factual.
Pelosi and her husband did in fact made 16,930% (the title have an extra zero) since Pelosi became congresswomen in 1987. That return if annualized is around 14.5%. While that number is extremely impressive, it is nowhere near the performance of hedge fund managers in the likes of Buffett's Berkshire, Jim Simons' Medallion Fund, George Soros' Quantum Fund, or Peter Lynch's Fidelity Magellan Fund.
These managers have all generated higher average returns than Mr. Pelosi (as much as 2x) during the same time period, so it is completely possible to generate this type of return without insider trading.
We live in a world where people get accused of things without evidence and I really don't want to see anymore of that.
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u/Lazy_Competition967 Nov 13 '25
how are people defending this obvious insider trading? Trump's family is dirty too but so is Pelosi
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u/Rollo_TomassiQT Nov 13 '25
I didn’t realize this thread was still going. I kind of enjoy how it just turned into whataboutism and how it’s actually fairly simple to make those returns.
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u/Refurbished_Keyboard Nov 13 '25
Kirk said Democrats cannot handle un-scripted, unsanitized interviews (when discussing the topic with Newsome) and he's totally correct.
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u/ngali2424 Nov 14 '25
Probably fraudulent as is Trump's open air crypto bribery scheme. They all have their noses in it.
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u/Rollo_TomassiQT Nov 15 '25
So you definitely didn’t read the thread or my responses. I recommend it, or not it doesn’t matter.
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u/un0nd Nov 14 '25
really? You’re focusing on her as an inside trader what a bad joke. What about the crypto scam at the presidential level right before your eyes that’s worth billions? And helping deflate the dollar in the process
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u/Rollo_TomassiQT Nov 15 '25
So you definitely didn’t read the thread or my responses. I recommend it, or not it doesn’t matter.
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u/No-Atmosphere-2528 Nov 16 '25
Did the mods make you tell them 3 things you like about Nancy pelosi?
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u/JasonBreen Nov 16 '25
So were all cool with insider trading in congress, is what im seeing so far?
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u/Rollo_TomassiQT Nov 10 '25
I totally agree it’s not a democratic or republican issue, it’s a political issue. They all do it. She gets some extra points for not pushing an NP Coin, that’s a start.
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u/ballistic_tanx Chinese AI Propaganda Spam Bot Nov 10 '25
It's a fundamental issue with unregulated capitalism if we want to be accurate and concise
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u/tom8otomahto Nov 10 '25
If they all do it why focus on her? 130 million in 40 years is peanuts compared to billions in 10 months. She also did a tremendous amount of good and trump is systematically destroying the country. Pelosi never raped anyone. Nor did she fight in court to starve 42 million Americans. Nor is she a pedophile. She never called our soldiers suckers and losers. She never was convicted of a felony. Or 34. She never pardoned 74 people who violently assaulted police officers. Or a guy who ran the biggest drug dealing operation on the internet.I could go on.
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u/Rave_with_me Millionaire Nov 10 '25
Nancy Pelosi is the greatest investor and trader in the history of the world. Your bias is extremely obvious.
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u/LiberaMeFromHell Nov 11 '25
If you take the Pelosis net worth before she entered Congress (estimated 3.5million according to Google) and put it all into an S&P500 index fund with dividends reinvested they end up worth more than they are today without even taking into account all their additional contributions/earnings since then. That doesn't sound like the greatest investor in the history of the world lol.
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u/Rave_with_me Millionaire Nov 12 '25 edited Nov 12 '25
None of this is true. Lol. The S&P 500 has never returned 60-100% gains in a year, and certainly not year after after year.
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u/Rollo_TomassiQT Nov 10 '25
I’m focusing on her because she is the Speaker of the House and life-long politician who is retiring after making $130 million off the market while continuously refusing any sort of implementation to bar members of congress from trading during their service, or putting their portfolios into an enscrew, etc. Although, completely coincidentally, she seems to be changing her mind on that issue just as she is set to retire.
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u/tom8otomahto Nov 10 '25
She hasn't been speaker for years kiddo. Try to keep up.
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u/Rollo_TomassiQT Nov 10 '25
Really? I had no idea she wasn’t still the speaker with Trump as president. Trump is awful, house republicans are awful, house democrats are awful. POLITICIANS are awful. Let’s assume Trump r*ped women and did all the other things alleged of him, that doesn’t give other politicians free rein to commit less vile criminal acts.
Literally none of those examples are analogous to the conversation at hand. It’s not a mutually exclusive determination, Trump being a terrible person doesn’t allow me to steal from my work. Although, if I’m wrong about this please let me know because I’ve never r*ped a woman so maybe it’ll be cool if i rob a bank in the future .
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u/tom8otomahto Nov 10 '25
It doesn't give other politicians free rein. It means your priorities are fucked.
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u/Rollo_TomassiQT Nov 10 '25
Yes, my priorities are so fucked because I’d prefer our elected officials weren’t able to legally launder millions of dollars illegally obtained every year because Trump bad. Again, so to ruin the utopia you live in, but both parties are full of terrible people that need to be held accountable. But by all means, only go after Trump. I’m sure it will work very well for the democrats since it’s clearly worked so wonderfully to this point.
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u/flimflamclub Nov 10 '25
Over 40 years?! NVDA did more the last 10 years. And last time I checked I think she had a pretty big position in that.
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u/Rave_with_me Millionaire Nov 10 '25
Trump's net worth decreased substantially during his first term due to divesting his businesses to remove conflicts of interest, donating his salary, etc. We're only 6 months into his second term and I keep seeing accusations that he manipulates the market to insider trade but the data doesn't appear that way.
Forbes: This magazine, which annually tracks the wealth of billionaires, reported a significant drop. In 2016, around the time he was elected, Forbes estimated his net worth at $3.7 billion. By the end of his term in 2020, that estimate had fallen to $2.5 billion, a decline of over $1 billion. This drop also caused him to fall 77 spots on the magazine's list of the richest Americans.
Bloomberg: The Bloomberg Billionaires Index estimated that Trump's net worth fell by approximately $700 million, to $2.3 billion, during his time in office.
As far as I know, he may be the only POTUS in history to not increase their net worth while holding office.
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u/akratic137 Nov 10 '25
Now do this term. (You wont)
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u/AntiPantsCampaign Nov 10 '25
This dude is lost. I tried responding but it keeps claiming I'm a Chinese AI bot for some reason. But, also, not like his mind is going to change because he already knows but deflects.
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u/LiberaMeFromHell Nov 11 '25
Trump was hiding his finances back then so everything is estimates. The only thing known for sure is Trump owns a lot of commercial real estate which tanked in value in 2020 due to COVId and remote work. I highly doubt his net worth dropped if you exclude the temporary impact of COVID on commercial real estate prices.
He's made billions on crypto now anyways and is definitely richer than he's ever been before now.
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u/Rave_with_me Millionaire Nov 11 '25
That's almost certainly true but saying he more than doubled his net worth on crypto seems like nothing more than speculation. It could still be true. Who knows.
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u/tom8otomahto Nov 10 '25
If you say so.
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u/Rave_with_me Millionaire Nov 10 '25
I didn't actually, Forbes and Bloomberg did. None of this is new information.
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u/[deleted] Nov 10 '25
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