O/T:- Trump Presidency 2.0 [hic sunt dracones]

[slack_pie]

"Always timed perfectly" is a bit of an exaggeration. If you look at the tracker you can see plenty of losses.

Pelosi is / was privy to a lot of information and I would be an idiot to say she never used it improperly because I don't know, but I do know she made most of her money buying Nvidia and other big tech/AI stocks during a raging tech bull market which was not exactly counter intuitive. Her husband runs a venture capital firm in San Francisco so she will have good advice. I would imagine her portfolio looks the same as a lot of other investors over the past few years (Amazon, Google, Nvidia, Apple, Tesla, Microsoft, Visa, Disney, Netflix)

Completely different to buying with huge volume twenty minutes before a presidential tweet in the middle of an escalating tariff war IMO, but if you're saying that there should be more regulation on politicians trading stocks or even an outright ban then I completely agree with you.

I said "always seem to be timed perfectly," not "always timed perfectly."

I agree that buying Nvidia stock isn't the same as entering a trade directly before a tweet, but Pelosi has outperformed virtually every hedge fund in the US. It's no coincidence. It's not just what she invests in but the timing of her trades.

https://www.ibtimes.co.uk/nancy-pelo...s-2024-1729906

Ultimately, it's insider trading, however you dress it up. Everyone knows it, but still they get away with it because they are political royalty.

[Jampie]

Ultimately, it's insider trading, however you dress it up. Everyone knows it, but still they get away with it because they are political royalty.

Which is utterly bizarre to me. Can you imagine if NZ or AU pollies did this and the press got hold of it?

[slack_pie]

Which is utterly bizarre to me. Can you imagine if NZ or AU pollies did this and the press got hold of it?

It's crazy! Everyone knows they're up to it, they know that everyone knows they're up to it, but still nobody does anything about it. I think in their world, it probably isn't as controversial as it seems to us. It's just par for the course. One rule for me and another for thee.