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It is. Some members of congress somehow magically end up buying tech stocks right before they go to the moon or selling them right before tariffs hit. It's as

It is. Some members of congress somehow magically end up buying tech stocks right before they go to the moon or selling them right before tariffs hit. It's as if they have some insider knowledge or something, and also a lot of skin in the game to protect these monopolies.

pnw 1y ago
You can buy the Pelosi ETF (NANC) and enjoy the same upside!
- 1over137 1y ago
  Too bad the MER is so high at 0.74%.
- dmoy 1y ago
  I just read the prospectus investment strategy, and it looks like it trails the trades by up to 30-45 days? Seems like the majority of that upside might be gone by then, no? They explicitly list that in Reporting Delay Risk. Also I didn't see any info on whether the fund manager can beat hft et al to the punch once disclosure happens.
  - lazyeye 1y ago
    It would interesting to know how it performs relative to other index funds even with the delay risk. A few people have been saying Nancy is getting better returns than Warren Buffet https://x.com/HawleyMO/status/1919738880204345581 https://x.com/HawleyMO/status/1919738880204345581
    - mikestew 1y ago
      I compared it to .SPX, and the 12 month charts look almost identical.
      - dmoy 1y ago
        Which makes sense to me, 45 days is a loooooong time, and I kinda doubt this fund is cutting edge speed trading on disclosures when they do show up.
- deleted 1y ago
  [deleted]
- mikestew 1y ago
  …and enjoy the same upside! No, you won’t. That ETF is a trailing indicator, and it’s trailing so far back it won’t even show up in the rearview mirror. That, and if you load a comparison chart with .SPX, they look almost identical. No upside, and greater risk.
  - booleandilemma 1y ago
    Thank you for an honest comment in a world of so much grift.