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dtquad | 10 months ago

The Pelosis' trades are public knowledge. Pelosi and her husband have outperformed the market by being tech-optimistic Californians. One of their most lucrative investments was investing in Nvidia after ChatGPT was released triggering the AI boom. Did that require any particular political "insider knowledge"? No.

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rvz|10 months ago

> The Pelosis' trades are public knowledge.

That happens after they are disclosed and this delay benefits them. Not you.

How did the Pelosis' know that the DOJ was going to file a lawsuit against Visa and as soon as it was filed, that would cause the stock to drop? [0]

The DOJ could have filed it at any time before the trade was publicly disclosed.

> Pelosi and her husband have outperformed the market by being tech-optimistic Californians.

People who trade on the advantage of insider (political, economic, etc) knowledge can easily outperform the market.

> One of their most lucrative investments was investing in Nvidia after ChatGPT was released triggering the AI boom. Did that require any particular political "insider knowledge"? No.

So you do admit that for most of the Pelosis' trades, they did use political insider knowledge then?

The level of people here defending politicians and family members of them, benefiting from insider trading loopholes is amusing to see.

[0] https://finance.yahoo.com/news/nancy-pelosi-husband-sold-vis...

renewiltord|10 months ago

And indeed the Trump trades were after the USMCA was agreed upon.

russellbeattie|10 months ago

"The amount of energy needed to refute bullshit is an order of magnitude bigger than that needed to produce it."

Wow, a classic example of Brandolini's Law! [1] Two words of bullshit required a paragraph to refute it. Perfect.

Just don't bother. They never argue in good faith. You'll just give yourself an aneurysm trying to keep up with their firehose of falsehoods.

They know and we know that even if their right wing fever dreams about Pelosi were true (which they aren't), it's obvious that the scale and criminality of what Trump did this week doesn't even begin to compare.

It doesn't matter to them. They only want to obfuscate, deflect and ideally enrage. That's what they do.

1. https://en.m.wikipedia.org/wiki/Brandolini's_law