According to the alternative data platform Quiver Quantitative, replicating Nancy Pelosi’s stock trades would have yielded returns exceeding 720% since May 2014.
According to the alternative data platform Quiver Quantitative, replicating Nancy Pelosi’s stock trades would have yielded returns exceeding 720% since May 2014.
I actually think a 20% return is modest. She literally has her finger on the pulse of the economy. She should have done better.
Not saying I condone it but if you’re going to crime and get away with it, as least go big.
Professional portfolio managers, who do this for a living, with teams of intelligent and educated people working for them, struggle to consistently outperform the market in any meaningful sense.
20% is not modest in any way.
Maybe she still thinks she’s being sneaky
if you’re willing it risk it and use leverage (borrow money to multiply your return, but also multiplies the down sides) sure she could’ve aimed for the moon. but theres no need to be risky when you’re her age and already rich and have a crystal ball.