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NANC and KRUZ are ETFs that track your favorite politicians stock transactions and replicate in ETF form. This has been a long standing form of “investing”. S

NANC and KRUZ are ETFs that track your favorite politicians stock transactions and replicate in ETF form. This has been a long standing form of “investing”. See Pelosi’s husband for his track record of “success”.

sanswork 2y ago
He's a SV/SF investor who basically just invests in tech. His returns are about the same as QQQ which makes sense. If he's getting valuable inside information from Nancy to help his trading he's not using it well.
- rib3ye 2y ago
  Additionally, he buys tons of options, I think that says a lot.
- astrange 2y ago
  A lot of people don't know about risk-adjusted returns; if you just go riskier your returns will be higher. Until they aren't.
Aurornis 2y ago
I’m still amazed that people take the Pelosi bait when many other politicians have been far ahead of her on the charts. Most of them are Republicans, though, and haven’t had the same amount of headlines and Twitter/Reddit traffic. The services pushing politician trade tracking and ETFs really leaned into Pelosi to capitalize on it. As the other comment already said, her (more specifically, her husband’s) returns haven’t actually been noteworthy or suspect, it’s just the implication that gets people worked up.
- pessimizer 2y ago
  > I’m still amazed that people take the Pelosi bait when many other politicians have been far ahead of her on the charts. This comment doesn't help. You haven't mentioned another politician, either Republican or Democrat, when you had all the room and time in the world to do so. This line also depends on the fiction that people think that Pelosi is uniquely trading on the information that she learns at her job, rather than just openly and proudly trading on the information that she learns at her job. Other people being corrupt doesn't make the corruption disappear. It isn't like Democrats are positive numbers and Republicans are negative numbers that cancel each other out. We're not looking for equity in corruption.
  - triceratops 2y ago
    https://en.wikipedia.org/wiki/2020_congressional_insider_trading_scandal https://en.wikipedia.org/wiki/2020_congressional_insider_tra...
  - astrange 2y ago
    She isn't trading on anything. Her husband's portfolio manager is trading, mostly pointless over-trading to look busy and get management fees, and it's being reported on her paperwork.

sanswork 2y ago

He's a SV/SF investor who basically just invests in tech. His returns are about the same as QQQ which makes sense. If he's getting valuable inside information from Nancy to help his trading he's not using it well.

rib3ye 2y ago
Additionally, he buys tons of options, I think that says a lot.
astrange 2y ago
A lot of people don't know about risk-adjusted returns; if you just go riskier your returns will be higher. Until they aren't.

Aurornis 2y ago

I’m still amazed that people take the Pelosi bait when many other politicians have been far ahead of her on the charts. Most of them are Republicans, though, and haven’t had the same amount of headlines and Twitter/Reddit traffic. The services pushing politician trade tracking and ETFs really leaned into Pelosi to capitalize on it. As the other comment already said, her (more specifically, her husband’s) returns haven’t actually been noteworthy or suspect, it’s just the implication that gets people worked up.

pessimizer 2y ago
> I’m still amazed that people take the Pelosi bait when many other politicians have been far ahead of her on the charts. This comment doesn't help. You haven't mentioned another politician, either Republican or Democrat, when you had all the room and time in the world to do so. This line also depends on the fiction that people think that Pelosi is uniquely trading on the information that she learns at her job, rather than just openly and proudly trading on the information that she learns at her job. Other people being corrupt doesn't make the corruption disappear. It isn't like Democrats are positive numbers and Republicans are negative numbers that cancel each other out. We're not looking for equity in corruption.
- triceratops 2y ago
  https://en.wikipedia.org/wiki/2020_congressional_insider_trading_scandal https://en.wikipedia.org/wiki/2020_congressional_insider_tra...
- astrange 2y ago
  She isn't trading on anything. Her husband's portfolio manager is trading, mostly pointless over-trading to look busy and get management fees, and it's being reported on her paperwork.