Visualization was made in VaultUno and the congressional data can be accessed quite a few ways – here is a publicly available source – [https://www.capitoltrades.com/politicians/P000197](https://www.capitoltrades.com/politicians/P000197) . The stock data is from Alpaca and final touches were added in figma
I often make stock investment decisions based on 1.5 years of data where the primary data point is a stock that had an unusually good year.
Breaking news: Nvidia has gone up
Just for those who aren’t aware; Nancy Pelosi isn’t actually trading stocks, her husband Paul is.
Once again, right-wingers only focusing on Nancy Pelosi’s performance when there are far more successful Republicans traders out there
Who wants to start up the Pelosi ETF?
Feel like people are missing the point. It’s a fact that congressppl’s portfolios have insane alpha, like outperforming the market by like +20% per year.
Not 1.2 times market returns. An additional 20 percent. So YEAH… copy their trades.
Is there a bot that can cite my source lol
Any portfolio with a heavier weighting of tech stocks has outperformed the S&P recently.
I’d be more interested to see who in Congress has outperformed the market by the largest margin.
I don’t know if this really tells a lot with how limited the data is. It’d be interesting if you did something on a larger scale by party and perhaps sector. Or even cooler and more useful who serves in what committees as it relates to their trades in sectors impacted by the work of those committees. That way you could really tell a story of how either intentionally or unintentionally those who serve on committees benefit (or don’t) from those assignments. Just a thought. It seems partisan and not actionable as is.
This is a stupid chart.
Show me a 30 year time horizon chart where she consistently beat S&P 500.
Any random person can beat S&P 500 in a short time horizon like a year, but 10, 20, 30 years are totally different stories.
Isn’t the problem that she discloses her trades several weeks after the fact, so you can’t reliably trade based on her portfolio.
Probably a basing question but how do you follow their trades? Don’t say NANC
how do i copy Pelosi’s stocks?
Amazing how Senators and Congressmen keep out performing the market and doing so well with stocks.
Reddit won’t like this one though because it’s a prominent Democrat and it’s an election year.
Breaking news: millions of people who have invested in the S&P 500 and high growth tech stocks have been killing it.
Need a 10 moving % average to see how often you can jump on board
Copying someone who can somehow legally trade using insider information is a brilliant strategy
There is an ETF that owns her trades, ticker NANC. I’ve made a good amount off of it.
I gave in and started throwing some money at pelosi trades that I would never have considered before(all be it delayed due to disclosure rules). So far so good!
This is not an attack on pelosi btw, all politicians should be restricted to index funds etc. She just happens to be high profile both in terms of office, gains, and opposition to additional trading rules.
They conveniently cut out the period at which her portfolio didn’t perform well.
There’s a “Nancy Pelosi” ETF and it performed quite miserably.
Wait…..so….a politician that has been a leading voice in american politics is married to a super rich dude that makes good investment choices? Crazy.
“Rules for thee & not for me” final boss insider trader Pelosi
She’s a sleazy insider trading crook that takes of advantage of American naïveté like every other politician in that battery acid swamp that is D.C.
Wish them all nothing but the worse.
It’s interesting how hyperfocused people are on Pelosi if the general refrain is ‘they all do it’. It’s almost like a Pelosi post is our communal alert that it’s ‘US Politics Thursday’
This 2022 study found that congrescritters don’t really beat the market.
> Recent news reports and a Department of Justice investigation highlight the potential for insider informed trading by U.S. Senators and Members of the House of Representatives, an activity which the STOCK Act of 2012 was intended to deter. We use a new and comprehensive data set of these officials’ trades of public equities from January 2012-December 2020. *We find no evidence of superior investment performance whether we look in aggregate or at Senators specifically accused of informed trading.* Over a six-month horizon, stocks bought by House Members underperform on average by 26 basis points, while stocks sold underperform by 11 basis points. *Even at the 95th and 99th percentiles of ex-post stock returns, House and Senator stock returns are consistent with random stock picking.* Our methods cannot rule out the existence of some insider trades that are masked by the means, masked by poor ex-post performance or that took place in earlier years.
Have you not seen her new TV show “Trade along with Nancy”, how does she do it?
Happy to make more of these for other politicians, its very easy with the platform I’m using. Just comment some names and I’ll try and get to them for next Thursday
Well of course it is, the S&P 500 doesn’t have insider knowledge of and influence over governmental policy they can use to invest off in a somehow-legal version of insider trading.
Like, if you took 100 intelligent, well-funded investors that actively followed the market closely, odds seem pretty good that at least 10 of them would have graphs that outperformed the S&P this much or more.
Adding a second line of someone copying them over 1.5 years really adds nothing to the equation.
If you want an easy way to do this, there’s literally an ETF called NANC on the NYSE that just mirrors Pelosis trades.
Is this a legit point-in-time backtest where you only start buying/selling after the (lagged) disclosure of Pelosi’s holdings? Otherwise the results would be inflated because you are using information that would not have been available at the time.
She’s pretty much in line with the returns of the Nasdaq. You could get similar results by going all-in on QQQ.
Investors don’t only look returns. There are literally infinite investment strategies that can ‘beat’ the sp500 returns on infinite time horizons.
This is truly a terrible post, I hope nobody actually trade based on this.
What a terribly misleading graph.
OP makes a graph that shows portfolio performance. Includes what appears to be 3-5% of value worth of trades. Then claims those trades are actually ‘viable’ based on 95%+ of preexisting portfolio holdings.
Reddit misinformation has spread to every sub it appears.
Set to a percent return scale, do back testing for as long as we have information on her entire portfolio.
This is fine, but not there quite yet. Also, your start and ending values should be clear on your Y axis, or as a call-out, at a minimum. Might even consider it for the high and low range as well.
So sick of this Pelosi portfolio crap. It’s Nvidia. Show a longer time frame and the argument falls apart. Not to mention her husband of 60 years is an investment banker.
![[OC] Copying Nancy Pelosi is a Viable Investment Strategy](https://www.europesays.com/wp-content/uploads/2024/08/xggeqbb8d9kd1-1920x1024.png)
41 comments
Visualization was made in VaultUno and the congressional data can be accessed quite a few ways – here is a publicly available source – [https://www.capitoltrades.com/politicians/P000197](https://www.capitoltrades.com/politicians/P000197) . The stock data is from Alpaca and final touches were added in figma
I often make stock investment decisions based on 1.5 years of data where the primary data point is a stock that had an unusually good year.
Breaking news: Nvidia has gone up
Just for those who aren’t aware; Nancy Pelosi isn’t actually trading stocks, her husband Paul is.
Once again, right-wingers only focusing on Nancy Pelosi’s performance when there are far more successful Republicans traders out there
Who wants to start up the Pelosi ETF?
Feel like people are missing the point. It’s a fact that congressppl’s portfolios have insane alpha, like outperforming the market by like +20% per year.
Not 1.2 times market returns. An additional 20 percent. So YEAH… copy their trades.
Is there a bot that can cite my source lol
Any portfolio with a heavier weighting of tech stocks has outperformed the S&P recently.
I’d be more interested to see who in Congress has outperformed the market by the largest margin.
I don’t know if this really tells a lot with how limited the data is. It’d be interesting if you did something on a larger scale by party and perhaps sector. Or even cooler and more useful who serves in what committees as it relates to their trades in sectors impacted by the work of those committees. That way you could really tell a story of how either intentionally or unintentionally those who serve on committees benefit (or don’t) from those assignments. Just a thought. It seems partisan and not actionable as is.
This is a stupid chart.
Show me a 30 year time horizon chart where she consistently beat S&P 500.
Any random person can beat S&P 500 in a short time horizon like a year, but 10, 20, 30 years are totally different stories.
Isn’t the problem that she discloses her trades several weeks after the fact, so you can’t reliably trade based on her portfolio.
Probably a basing question but how do you follow their trades? Don’t say NANC
how do i copy Pelosi’s stocks?
Amazing how Senators and Congressmen keep out performing the market and doing so well with stocks.
Reddit won’t like this one though because it’s a prominent Democrat and it’s an election year.
Breaking news: millions of people who have invested in the S&P 500 and high growth tech stocks have been killing it.
Need a 10 moving % average to see how often you can jump on board
Copying someone who can somehow legally trade using insider information is a brilliant strategy
Is this a screenshot of an ad?
[https://www.etf.com/sections/etf-basics/nanc-vs-kruz-battle-congress-stock-trackers](https://www.etf.com/sections/etf-basics/nanc-vs-kruz-battle-congress-stock-trackers)
hehe
There is an ETF that owns her trades, ticker NANC. I’ve made a good amount off of it.
I gave in and started throwing some money at pelosi trades that I would never have considered before(all be it delayed due to disclosure rules). So far so good!
This is not an attack on pelosi btw, all politicians should be restricted to index funds etc. She just happens to be high profile both in terms of office, gains, and opposition to additional trading rules.
They conveniently cut out the period at which her portfolio didn’t perform well.
There’s a “Nancy Pelosi” ETF and it performed quite miserably.
Wait…..so….a politician that has been a leading voice in american politics is married to a super rich dude that makes good investment choices? Crazy.
“Rules for thee & not for me” final boss insider trader Pelosi
She’s a sleazy insider trading crook that takes of advantage of American naïveté like every other politician in that battery acid swamp that is D.C.
Wish them all nothing but the worse.
It’s interesting how hyperfocused people are on Pelosi if the general refrain is ‘they all do it’. It’s almost like a Pelosi post is our communal alert that it’s ‘US Politics Thursday’
This 2022 study found that congrescritters don’t really beat the market.
[“Do senators and house members beat the stock market? Evidence from the STOCK Act”](https://www.sciencedirect.com/science/article/abs/pii/S0047272722000044) by Belmont at al at Dartmouth.
> Recent news reports and a Department of Justice investigation highlight the potential for insider informed trading by U.S. Senators and Members of the House of Representatives, an activity which the STOCK Act of 2012 was intended to deter. We use a new and comprehensive data set of these officials’ trades of public equities from January 2012-December 2020. *We find no evidence of superior investment performance whether we look in aggregate or at Senators specifically accused of informed trading.* Over a six-month horizon, stocks bought by House Members underperform on average by 26 basis points, while stocks sold underperform by 11 basis points. *Even at the 95th and 99th percentiles of ex-post stock returns, House and Senator stock returns are consistent with random stock picking.* Our methods cannot rule out the existence of some insider trades that are masked by the means, masked by poor ex-post performance or that took place in earlier years.
Have you not seen her new TV show “Trade along with Nancy”, how does she do it?
Happy to make more of these for other politicians, its very easy with the platform I’m using. Just comment some names and I’ll try and get to them for next Thursday
Well of course it is, the S&P 500 doesn’t have insider knowledge of and influence over governmental policy they can use to invest off in a somehow-legal version of insider trading.
Like, if you took 100 intelligent, well-funded investors that actively followed the market closely, odds seem pretty good that at least 10 of them would have graphs that outperformed the S&P this much or more.
Adding a second line of someone copying them over 1.5 years really adds nothing to the equation.
If you want an easy way to do this, there’s literally an ETF called NANC on the NYSE that just mirrors Pelosis trades.
Is this a legit point-in-time backtest where you only start buying/selling after the (lagged) disclosure of Pelosi’s holdings? Otherwise the results would be inflated because you are using information that would not have been available at the time.
She’s pretty much in line with the returns of the Nasdaq. You could get similar results by going all-in on QQQ.
Investors don’t only look returns. There are literally infinite investment strategies that can ‘beat’ the sp500 returns on infinite time horizons.
This is truly a terrible post, I hope nobody actually trade based on this.
What a terribly misleading graph.
OP makes a graph that shows portfolio performance. Includes what appears to be 3-5% of value worth of trades. Then claims those trades are actually ‘viable’ based on 95%+ of preexisting portfolio holdings.
Reddit misinformation has spread to every sub it appears.
Set to a percent return scale, do back testing for as long as we have information on her entire portfolio.
This is fine, but not there quite yet. Also, your start and ending values should be clear on your Y axis, or as a call-out, at a minimum. Might even consider it for the high and low range as well.
So sick of this Pelosi portfolio crap. It’s Nvidia. Show a longer time frame and the argument falls apart. Not to mention her husband of 60 years is an investment banker.
It’s amazing what legal insider trading can do.
Well, first you start with $31M.
Is this Pelosi Derangement Syndrome?