Just a random observation about the U.S.
As far as I understand, members of Congress aren’t prohibited from trading stocks. One of the most prominent examples is (or was) Nancy Pelosi. I mean, her stock-trading track record - the returns, the net gains - seemed almost unreal. Some freedom-loving folks might argue that politicians have every right to participate in the market like anyone else. But to me, especially considering her apparent win rate, it inevitably raises eyebrows and casts a shadow of doubt. Really? She managed all that without any insider knowledge? I personally find that hard to believe.
And if she truly was just a stock-trading beast - and I’m not simply absorbing disinformation or meme-driven narratives - then it still means she leveraged her political status to enrich herself.
It may not be illegal in the U.S., so technically there’s no crime there. But for me…
Yeah, maybe in the end that’s just my issue.
I even googled it, just to make sure I had at least minimal accuracy. There was a Yahoo article titled: “Nancy Pelosi Outperformed Nearly Every Hedge Fund in 2024 - Even Beating the Infamous Inverse Cramer Stock Tracker.”
Are we really sure there’s no problem here? A politician - presumably, possibly - using certain information for personal gain? Huh.