Isn't it amazing how Nancy Pelosi's portfolio outperforms the market year over year?
Ex House Speaker Nancy Pelosi has amassed more than $196 million in wealth working on a congressional salary of $193,400. Year over year, her portfolio has been outperforming the market. Just in 2023 she racked up a 65% return on her stocks portfolio – more than double the S&P 500’s 24% gain, according to a new analysis from stock-trading data site Unusual Whales.
She has faced many accusations of insider trading. One notable instance occurred in March 2020, during the early stages of the COVID-19 pandemic. Her husband made significant purchases of stocks in companies such as Amazon, Microsoft, and Alphabet. These purchases came just before the stock market rebounded following a sharp decline due to the pandemic. When confronted by journalists she stuttered "It's a free market".
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