How to invest like Nancy Pelosi
With Democrats demanding the regulation of social media firms – lambasting Zuckerberg at every opportunity – and leftist politicians up in arms over tax handouts to Jeff Bezos’ company in liberal cities, we have a simple question…
Why was Nancy Pelosi’s family making leveraged long bets on tens of millions of dollars’ worth of shares in Amazon, Facebook, and Apple in the last month?
According to House of Representatives official filings, soon-to-be-majority leader of the House, Nancy Pelosi, reported numerous huge call option purchases in the last few weeks – all of which are underwater now.
In September, Pelosi bought 100 Call Options (10,000 shares) in Apple (Strike $145, Maturity 6/19/20)