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I am shocked that politicians are even allowed to trade options, I feel like shorting stocks and option trading should be off the table once you are elected to
by subsubzero 5y ago
I am shocked that politicians are even allowed to trade options, I feel like shorting stocks and option trading should be off the table once you are elected to office.
- alistairSH 5y agoHer husband is making these trades and he’s a longtime active investor and VC.
- soheil 5y agoDid most "longtime active investor and VC[s]" make so much money?
- spullara 5y agoLast year? Hell yes.
- minsc__and__boo 5y agoYes? The markets have had ridiculous returns in the reporting period and the spousal investments are not unusual.
- alistairSH 5y agoSome do, some don’t. Either way, attributing Nancy Pelosi’s wealth to Something akin to insider trading, when her worth is largely derived from her husband’s investment firm, is torturing the truth just a little bit.
- jtbayly 5y agoUnless politicians outperform the market in general… Oops. They do.
- pvarangot 5y agoLast year? I think in general yes, very much yes.
- marcellus23 5y ago...which is itself a conflict of interest, obviously?
- kinghajj 5y agoI think there'd be room for covered calls & married puts in a politician's portfolio. The "collar" strategy is great for preserving one's capital. They should still be managed in blind trusts, though.