[flagged]
Also if you think the musk, trump and his cabinet of billionaires and crypto bro advisors have no interest in trying to make the market move around, you're very very confused.
...with a massive delay, which probably wipes out any alpha you can get.
That happens after they are disclosed and this delay benefits them. Not you.
How did the Pelosis' know that the DOJ was going to file a lawsuit against Visa and as soon as it was filed, that would cause the stock to drop? [0]
The DOJ could have filed it at any time before the trade was publicly disclosed.
> Pelosi and her husband have outperformed the market by being tech-optimistic Californians.
People who trade on the advantage of insider (political, economic, etc) knowledge can easily outperform the market.
> One of their most lucrative investments was investing in Nvidia after ChatGPT was released triggering the AI boom. Did that require any particular political "insider knowledge"? No.
So you do admit that for most of the Pelosis' trades, they did use political insider knowledge then?
The level of people here defending politicians and family members of them, benefiting from insider trading loopholes is amusing to see.
[0] https://finance.yahoo.com/news/nancy-pelosi-husband-sold-vis...
Wow, a classic example of Brandolini's Law! [1] Two words of bullshit required a paragraph to refute it. Perfect.
Just don't bother. They never argue in good faith. You'll just give yourself an aneurysm trying to keep up with their firehose of falsehoods.
They know and we know that even if their right wing fever dreams about Pelosi were true (which they aren't), it's obvious that the scale and criminality of what Trump did this week doesn't even begin to compare.
It doesn't matter to them. They only want to obfuscate, deflect and ideally enrage. That's what they do.