Do you think Pelosi being married to an early investor in Facebook had anything to do with the returns?
Arnt•2mo ago
There's that, and about another investment: "The stock has surged more than 150% in 2025, a clear case of the "Pelosi effect" — stocks often jump when her trades are disclosed, especially small cap stocks"
A book I read described that as the "bigger fool theory": your purchase drives up the price, and the increase will make a bigger fool want to pay an even higher price later. A "growth stock".
seanmcdirmid•2mo ago
I’ve out performed the market as well at a similar rate, the only stock I hold is Microsoft and Google, both which I got from work, and I didn’t diversify because I’m kind of dumb when it comes to stock trading. Am I corrupt?
belter•2mo ago
Lets see how you perform after you leave Congress, then we can talk :-)
seanmcdirmid•2mo ago
Anyone lopsided in tech is seeing the same gains with the same risks. You basically compared Pelosi to more than half of professionals in California.
belter•2mo ago
Labeling him as an early investor would be misleading unless further undocumented investments exist.
He purchased Facebook shares via options in 2020, Facebook founding was 2004 and IPO 2012.There is no credible record of Paul Pelosi being listed among named early private investors.
You either believe him and her, are better investors than Goldman Sachs, or Renaissance Technologies or you believe this is corruption.
seanmcdirmid•2mo ago
Anyone lopsided in tech made the same returns. How odd would that be for tech investor in San Francisco?
belter•2mo ago
You worked for Google? And you cant see the difference between being lucky of joining the one of 2,000 startups that got lucky....Remember the founders wanted to sell Google for
$1Million then dropped the price top 750K...And holding without selling, versus an active options trader like Pelosi husband, who is active all the time and seems to be better than 99% of the traders out there?
One is passive luck, the other is consistent, suspicions, permanent positive performance....
seanmcdirmid•2mo ago
> Paul Pelosi, the husband of Nancy Pelosi, is a retired businessman who founded and managed a real estate and venture capital investment firm called Financial Leasing Services, Inc.. He is also an investor with a portfolio that includes significant holdings in technology companies like Facebook, Google, and Apple.
Oh, wow, a guy who specializes in investing in FAANGs makes the same amount of money on investments as workers at FAANGs who don't diversify? Oh, and it must be insider trading to get such returns on big companies that many other people make a lot of money on? And you are going to convince me that Nancy Pelosi saw that the current AI boom/bubble was going to happen before anyone else because of her role in congress?
I get it, you hate Democrats. But stop making sh*t up when its obvious your stories are bunk.
belter•2mo ago
You really dont get it...when your returns are so unusual that whole professional options platforms exist to track your performance, something stinks.
"...One analysis performed by Auburn University and published in the Journal of Economics and Finance claimed to find that the odds of a return as large as Clinton obtained during the period in question were about one in 31 trillion..."
silexia•2mo ago
seanmcdirmid•2mo ago
Arnt•2mo ago
A book I read described that as the "bigger fool theory": your purchase drives up the price, and the increase will make a bigger fool want to pay an even higher price later. A "growth stock".
seanmcdirmid•2mo ago
belter•2mo ago
seanmcdirmid•2mo ago
belter•2mo ago
He purchased Facebook shares via options in 2020, Facebook founding was 2004 and IPO 2012.There is no credible record of Paul Pelosi being listed among named early private investors.
You either believe him and her, are better investors than Goldman Sachs, or Renaissance Technologies or you believe this is corruption.
seanmcdirmid•2mo ago
belter•2mo ago
One is passive luck, the other is consistent, suspicions, permanent positive performance....
seanmcdirmid•2mo ago
Oh, wow, a guy who specializes in investing in FAANGs makes the same amount of money on investments as workers at FAANGs who don't diversify? Oh, and it must be insider trading to get such returns on big companies that many other people make a lot of money on? And you are going to convince me that Nancy Pelosi saw that the current AI boom/bubble was going to happen before anyone else because of her role in congress?
I get it, you hate Democrats. But stop making sh*t up when its obvious your stories are bunk.
belter•2mo ago
https://www.quiverquant.com/congresstrading/politician/Nancy...
Your probably also believe Hillary Clinton is a pro futures trader... https://en.wikipedia.org/wiki/Hillary_Clinton_cattle_futures...
"...One analysis performed by Auburn University and published in the Journal of Economics and Finance claimed to find that the odds of a return as large as Clinton obtained during the period in question were about one in 31 trillion..."