patrick.net

Former House Speaker Nancy Pelosi and her husband made at least $130 million in stock profits over the course of the California Democrat’s 37 years in Congress — a staggering return of 16,930%.

Pelosi, 85, announced this week she will retire when her term ends in January 2027.

The San Francisco pol became famous as the first woman to wield the speaker’s gavel, and infamous for her exceptional stock market returns.

Before first taking Congressional office in 1987, the then-47-year-old freshman and her hubby, venture capitalist Paul Pelosi, reported between $610,000 and $785,000 in stocks in their portfolio, according to a copy of her “hand delivered” 1987 financial disclosure form.

They held a dozen stocks, including CitiBank, and in many companies no longer publicly traded.

That portfolio has soared to $133.7 million today, according to the latest estimates from Quiver Quantitative.





https://www.quiverquant.com/congresstrading/politician/Nancy%20Pelosi-P000197/net-worth

That represents an eye-watering profit of 16,930% — compared to 2,300% for the Dow Jones over those years.

Even with the power of compound interest, the windfall represents a staggering 14.5% average annual return — beating out the S&P 500, NASDAQ and Dow Jones performances over those years, around 7% to 9%.

Last year, their investment portfolio pulled in an estimated 54% return, more than double the S&P 500’s 25% gain — and beating every large hedge fund, according to numbers in Bloomberg’s end-of-year tally. ...

The She-Wolf of Wall Street is leaving public life as momentum grows to ban lawmakers and their spouses from trading individual stocks, arguing they have access to market-moving information ahead of the public. ...

“Nancy Pelosi’s true legacy is becoming the most successful insider trader in American history,” said Kiersten Pels, spokesperson for the Republican National Committee. “If anyone else had turned $785,000 into $133.7 million with better returns than Warren Buffett, they’d be retiring behind bars.”

“Nancy Pelosi’s true legacy is becoming the most successful insider trader in American history,” said Kiersten Pels, spokesperson for the Republican National Committee. “If anyone else had turned $785,000 into $133.7 million with better returns than Warren Buffett, they’d be retiring behind bars.”