Nancy Pelosi’s Shocking Net Worth Reveal

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As we’ve previously noted intermittently over the past few years, given their well-established skill at outperforming the market, the Pelosis have inspired an entire genre of retail investing. A committed group of copy traders tries to replicate every stock-picking move gleaned from delayed trade disclosures that all Congress members must submit.

An example of this phenomenon is Tempus AI, whose stock surged by 36 percent intraday a few months ago when it became public knowledge that Nancy Pelosi had purchased the stock.

According to Quiver Quant’s tabulation, copying Nancy Pelosi’s every stock trade would have yielded a remarkable 720 percent gain since May 2014. In contrast, the SPY ETF (which tracks the S&P 500 index) managed only a 238 percent increase in the same period.

President Trump has recently pounced on this issue by publicly questioning how “these two very average minds beat all of the super geniuses on Wall Street.” This is not the first time Trump has raised concerns about Nancy Pelosi’s stock trading practices. He has repeatedly called for her to be investigated for insider trading, a charge she has denied numerous times.

In a unique start to his ruling against President Donald Trump’s administration on September 30, U.S. District Court Judge William Young included a scanned handwritten note sent to his office. The note read: “Trump has pardons and tanks – what do you have?” At the top of Young’s opinion in AAUP v. Rubio, which ruled that Trump’s effort to deport foreign-born student protesters was unconstitutional.

October 8, 2025

In response to this relentless scrutiny, Nancy Pelosi recently supported the PELOSI (Preventing Elected Leaders from Owning Securities and Investments) Act, currently championed by Senators Josh Hawkey and Kirsten Gillibrand. This act would bar lawmakers and their spouses from trading stocks.

If passed, this legislation could deprive retail traders of a consistent source of alpha.

📚 Reading Comprehension Quiz

10 Points

According to the passage, which of the following statements is true regarding Nancy Pelosi's stock trades and their impact on retail investors?

A. Copying Nancy Pelosi’s every stock trade would have resulted in a loss for retail investors. B. Retail investors who copied Nancy Pelosi’s trades would have outperformed the SPY ETF by a significant margin since May 2014. C. Nancy Pelosi's stock trades have not inspired any genre of retail investing. D. The PELOSI Act was passed and has already barred lawmakers from trading stocks.

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