Nancy Pelosi was not just a politician.


She was the best investor in the U.S. Congress

By an unexplainable margin.

The numbers speak for themselves:
In 2023, her portfolio returned 65% while the S&P 500 gained about 25%.
And in 2024, her returns jumped to 71% compared to 25% for the market.

Over 37 years in Congress,
she achieved a cumulative return of 16,930% compared to just 2,300% for the index.

Her wealth today exceeds $279 million
while her annual salary as a Congress member does not exceed $174,000.

To accumulate this wealth from salary alone, she would have needed more than 3,000 years.

Her portfolio today is clearly concentrated:
NVIDIA at 20%
Bought call options on it while Congress was discussing the CHIPS Act to support the chip industry.

And Broadcom at 15%
The biggest beneficiary of government infrastructure contracts.

Also Google at 14%
A repeated stance over successive years.
--
The STOCK Act requires Congress members to disclose their trades
within 45 days of executing them.

By the time of disclosure, the information is history and no longer an opportunity.

The most controversial trade:
Microsoft call options bought by her husband 12 days before the announcement of a $22 billion military contract.

No legal violation has been proven,
but the timing alone was enough to raise questions.

The market rewards those who have information before others.
The problem is that some possess it by virtue of their position
or by virtue of their research.

And that alone is enough to explain what numbers cannot.

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GateUser-0ca4890f
· 6h ago
The bull market is at its peak 🐂
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