this post was submitted on 25 Sep 2024
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Why politicians should not own stocks

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[–] hibsen@lemmy.world 64 points 4 days ago (5 children)

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 12 points 3 days ago (1 children)

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.

[–] MutilationWave@lemmy.world 24 points 4 days ago (1 children)

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 3 days ago (1 children)

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

[–] Clent@lemmy.world 3 points 3 days ago (1 children)

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 3 days ago (1 children)

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 1 points 3 days ago (1 children)
[–] wintermute_oregon@lemm.ee -1 points 2 days ago

It’s sourced above.

[–] Kecessa@sh.itjust.works 22 points 3 days ago* (last edited 3 days ago) (1 children)

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 -5 points 3 days ago (1 children)
[–] Kecessa@sh.itjust.works 2 points 3 days 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

[–] Anticorp@lemmy.world 15 points 3 days ago (1 children)

The point is to make people angry.

[–] NoSpiritAnimal@lemmy.world 4 points 3 days ago

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

[–] SelfProgrammed@lemmy.world 15 points 3 days ago* (last edited 3 days ago)

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