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Her husband runs an investment firm so the information here was probably simply detailed analysis, down to the estimated orders per customer and the details of
by AnotherGoodName 3y ago
Her husband runs an investment firm so the information here was probably simply detailed analysis, down to the estimated orders per customer and the details of supply chain costs and margins. So not at all unexpected and no need for inside information.
That's one thing that people don't seem to get when they look at stocks at a superficial level. Nvidia's rise was entirely expected. A quote among many - "We’re shocked by Nvidia’s pricing power on AI chips that we see driving earnings upside, higher valuation" - Apr 2023 when the price was less than half it is now and that statement was 100% correct yet the thread i'll link has a tone of conspiracy theories that it's a lie. https://old.reddit.com/r/stocks/comments/12rbhs8/nvidia_stock_pops_on_hsbc_upgrade_were_shocked_by/ https://old.reddit.com/r/stocks/comments/12rbhs8/nvidia_stoc...
In fact in superficial analysis land (aka retail investors making trades on past history and PE alone) there were posts on reddit that Nvidia at half the current price was a great shorting opportunity as their PE was high. https://www.reddit.com/r/stocks/comments/12c6sbx/nvidia_nvda_is_the_best_riskreward_short_over_the/ https://www.reddit.com/r/stocks/comments/12c6sbx/nvidia_nvda...
I still can't believe just how bad the retail investor community is. They don't go into any detail on companies. No view of the incoming orders and costs. They don't look at the long standing declines in userbase (there's non stop "Paypal is undervalued" threads on Reddit right now despite the constant user decline), they do superficial analysis and make poor decisions and when they see someone do well on investing through diligence they scream conspiracy.
So Nancy Pelosi, and more specifically her investment banker husband did well on this trade? No shit. They probably did some level of homework.