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Why politicians should not own stocks

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[-] athairmor@lemmy.world 100 points 1 day ago

The sale was on July 1–almost 3 months ago— and the price was lower than on the day the lawsuit was announced.

[-] hibsen@lemmy.world 63 points 1 day ago

Are you the only one in here who bothered to look? I saw your comment and decided to look, too, and unless I'm reading this wrong, you're right and I don't understand the point of this story.

[-] zeppo@lemmy.world 11 points 1 day ago

Republicans are obsessed with pelosi owning stocks as if she’s the only person in Congress who does it. I guess it takes the heat of everyone else… I read a list of the top 10 stock owners and profit makers in Congress, one of course the top ones were republicans.

[-] Anticorp@lemmy.world 14 points 1 day ago

The point is to make people angry.

[-] NoSpiritAnimal@lemmy.world 4 points 1 day ago

FOX Business: FOX News but we make finance dicks feel smart

[-] Kecessa@sh.itjust.works 22 points 1 day ago* (last edited 1 day ago)

Disguised Republican propaganda, there hasn't been a year where Pelosi was number one since people started keeping an eye on her moves and she's always getting beat by a bunch of Republicans no one cares about.

[-] Kaboom@reddthat.com -2 points 1 day ago
[-] Kecessa@sh.itjust.works 2 points 1 day ago

Considering that most people don't realize that she's not #1 and that she even got beat by the S&P in 2022, I think it's fair to say that it's pretty well disguised

[-] MutilationWave@lemmy.world 24 points 1 day ago

I believed these stories for a long time until I learned that Nancy Pelosi did not outperform the S&P.

[-] wintermute_oregon@lemm.ee -4 points 1 day ago

She did outperform the s&p. She crushed it. She beat Warren Buffett as well

[-] Clent@lemmy.world 3 points 1 day ago

Keyword being did. If you pick the right window of my stock portfolio you could say the same thing.

When one wants to be upset and it's easiest to be upset about things one doesn't understand. When someone else starts pulling the levers of one's misunderstandings, they become a tool.

[-] wintermute_oregon@lemm.ee -1 points 22 hours ago

Historically she has beat the S&P and Warran Buffet. It isn't a small window, it is for years.

One could only dream of that type of performance. It is why there is a bill in play to stop this.

[-] intensely_human@lemm.ee 2 points 19 hours ago
[-] wintermute_oregon@lemm.ee -1 points 16 hours ago

It’s sourced above.

[-] SelfProgrammed@lemmy.world 14 points 1 day ago* (last edited 1 day ago)

Check the rules of the community you're in. This place isn't about truth.

[-] ultranaut@lemmy.world 2 points 1 day ago

Also, if you were paying any attention to Visa as an investor it has been obvious for awhile now that the company is underperforming.

this post was submitted on 25 Sep 2024
129 points (76.3% liked)

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