When Pelosi announced that she would retire next year, a satirical moment emerged: the focus of public attention was not on her political achievements for the United States, but rather on her and her husband's astonishing wealth accumulation in the stock market. According to the New York Post and Bloomberg, the Pelosi couple accumulated $133 million in stock assets through "insider trading" during this period, a financial success far exceeding that of Warren Buffett. Republicans mocked by saying: If it were anyone else, they should now be retiring from prison.

"The Congress Stock Queen" Pelosi Retires, Made a Fortune Through Stock Trading

According to the data, when Pelosi first became a member of Congress in 1987, she and her husband Paul had only stocks worth between $610,000 and $780,000. Now, as Pelosi is leaving, their stock assets have directly expanded to $137 million. Calculating this, over Pelosi's nearly 40-year career as a congresswoman, the average annual stock return rate was 14.5%, which directly beats Buffett's long-term performance.

Bloomberg further pointed out: The Pelosi couple's investment return rate in 2024 reached as high as 54%, a number that surpasses all major hedge funds. With the support of stocks, the couple's net worth is estimated to have reached $280 million. In 1987, when Pelosi first became a congresswoman, their assets were only $3 million. Their assets have increased by nearly 100 times. Even after accounting for the price increases over the past 40 years, the increase in the Pelosis' assets is still remarkable! Seeing this, many people are likely to believe that there must be something fishy with Pelosi's assets, and she must have some secrets in her stock trading, which led to the term "Congress insider stock trading."

Specifically, as a leader in Congress, Pelosi always has access to the core economic issues of the country, and she will also learn in advance which important economic bills are about to be introduced. The introduction of these bills will inevitably lead to a surge in related stock prices. Take a simple example: Starting in 2021, the U.S. began to implement policies to support semiconductors. After the relevant bills were introduced, the stocks in the semiconductor field inevitably soared. Pelosi, who knew about this in advance, bought stocks at a low price, and when the relevant bills were introduced, the Pelosis made a fortune!

In 2022, the "insider stock trading" controversy of Pelosi intensified, and suddenly she visited Taiwan

It is worth noting that the "insider stock trading" scandal of Pelosi was fully exposed in 2022, and the media's attention was very high, putting Pelosi in a very unfavorable situation. At this time, news suddenly came out that Pelosi was going to visit Taiwan, and this issue continued for a long time. If we include Pelosi's visit to Taiwan and the subsequent PLA military exercises, the issue lasted until late August. During this time, the American media's attention completely shifted from the "insider stock trading" scandal, and after that, the U.S. media rarely focused on this issue again. Therefore, some people at the time believed that Pelosi's visit to Taiwan was to divert attention from her "stock trading scandal".

Due to the fact that the stock transactions of the Pelosi couple often outperformed the market, it eventually gave rise to an "exchange-traded fund" named after her, which specifically tracks the investment movements of U.S. legislators. The fund manager Dan Weiskopf admitted: The investment style of the Pelosi couple is more confident than anyone else, and they often make precise choices, resulting in huge profits.

Pelosi's amazing operations in the stock issue have triggered criticism from the outside world regarding "congressmen's stock trading," and calls for banning members of Congress and their spouses from trading stocks are growing louder. This September, a new version of the trading ban bill was proposed in Congress. Ironical enough, the public called this bill the "Pelosi Bill."

Warren Buffett might even ask them for advice on stock trading experience

With Pelosi's departure, some conservative commentators on social media joked: "Trump should invite retired Pelosi to help Americans trade stocks. Under her guidance, we can retire within six months." A Republican National Committee spokesperson, Pearls, sarcastically said: "If it were anyone else, they should have been retired in jail over the past 40 years, turning $780,000 into $137 million."



Original: https://www.toutiao.com/article/7571339899295580714/

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