Ep. 58 How did a not very bright thug like Nancy Pelosi get rich in the stock market? Because the system is rigged. Jordan Belfort, The Wolf of Wall Street, explains.
(00:00) The Wolf of Investing
(02:00) Jim Cramer’s bad advice
(24:20) Nancy Pelosi’s stock picks
(33:38) Addiction and redemption
(47:41) Growing your money
TuckerCarlson/status/1740868475911066059
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I write about politicians trading.
BTW Pelosi is up 64% YTD.
If you want the full history of Congress trading, I'd happily give it. Here's Pelosi's $NVDA history:
Tucker Carlson's latest tirade against Nancy Pelosi's stock market success is a classic example of cherry-picking facts to weave a narrative that suits his agenda. Let's break this down with the unvarnished truth.
I wanted to ask you why you and your husband, back in March of 2008, accepted and participated in a very large IPO deal from Visa... Do you think it's alright for a Speaker to accept a very preferential, favorable stock deal?
@CynicalPublius Yes, Google is misinterpreting the rules
“. . . information must be approved for public release by an appropriate authorizing official before it is released, even if it is unclassified."
This quote was fed into google.
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I fed in the longer, complete quote
“. . . information must be approved for public release by an appropriate authorizing official before it is released by any military member, DoW civilian employee or contract employee, even if it is unclassified.”
- still misinterpreted
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@CynicalPublius I believe that Google interprets this from an authoritative perspective. The authority is the mainstream press.
The press is using Google, and Google is parroting their thinking in answer.
The Nobel Peace Prize Committee awarded it to a Venezuelan peace activist today, and you know what she did?
Dedicated it to President Trump
- DC_Draino
[I saw this and had to check it out]
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The Norwegian Nobel Committee has decided to award the 2025 #NobelPeacePrize to Maria Corina Machado for her tireless work promoting democratic rights for the people of Venezuela
- The Nobel Prize
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This recognition of the struggle of all Venezuelans is a boost to conclude our task: to conquer Freedom.
I dedicate this prize to the suffering people of Venezuela and to President Trump for his decisive support of our cause!