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Just came across some interesting data on Representative Suozzi's finances. The guy took a pretty significant hit last month—lost nearly $740K from his stock positions. His total portfolio is sitting around $6.6M as of early April, which puts him at the 110th spot in Congress wealth rankings.
What caught my attention though is his trading history. Back in March 2020, he sold out of NVDA before it absolutely exploded—that stock is up over 1300% since then. Talk about bad timing. On the flip side, he dumped FCEL at what turned out to be almost the perfect top, so at least he got something right there.
He's got about $4.2M in publicly tracked assets. Some of his other moves include picking up Morgan Stanley and Square positions, though those haven't exactly worked out great. The Square trade especially is down almost 66% since he bought in. Anyway, interesting to see how even politicians with decent net worth can still make some rough calls in the market. Shows that having money doesn't always mean you time things right.