Chris Jospeth, 29, behind the X account, dubbed “Nancy Pelosi’s Stock Tracker,” told Tucker Carlson, co-founder of the Daily Call News Foundation, on a podcast about Pelosi’s husband buying Tesla’s “leap” on Wednesday that he caused national interest in Pelosi’s dealings.
In 2020, Pelosi and her husband Paul Pelosi pay attention As reports surfaced about their net worth and Paul’s trading activities. Paul, who owns and operates a venture capital investment and consulting company, has become a focus. On “The Tucker Carlson Show,” Carlson asks Joseph how he discovered Pelosi was “particularly successful” in her dealings as her income had accumulated millions.
“So Pelosi gets a lot of headlines for obvious reasons. One, millions, [she] It’s far outweighed what other politicians are dealing with. I’m talking like she’s trading 50-60 million, but everyone else is trading small quantities,” Jospez said.
“When she married Paul, they were worth about $20 million. Her current net worth is about $260 million. So you’re 10 x-ing it. How?” Joseph asked. “She was a politician in a career making 175K. Her husband has been very successful in stocks, especially in high-tech stocks. It all started with her in 2020 when she bought Tesla.”
Pelosi in 2021 It was proposed He defended and for the right of lawmakers and their spouses to participate in the stock market. A California Democrat said lawmakers who have invested their money in companies with at least 75 people key to the response of the US community should be allowed to participate in it as part of a “free market economy.” (Related: Nancy Pelosi’s stock portfolio explodes in value, beating the market nearly 200%.)
“This is when I started paying attention personally. Then you turned around and said, ‘Holy shit, this is forever,'” Joseph said. “2020 is coming, community, so people already know her inevitably. She’s now starting stock trading again, and it’s starting and being blown up on social media because what are they doing while everyone is with Covid?”
“They’re on social media and they trade stocks, so now everyone is looking at these things and paying attention. At the end of 2020, right after Biden was elected, she went and bought a Tesla Call of up to $5 million,” Josephs said. “She doesn’t just buy stocks. Well, her husband doesn’t just buy them, she’s buying these things called leaps.”
Josephs explained that Leaps, also known as long-term stock forecast securities, is an “optional agreement that allows you to buy stocks and bullish stocks at a much cheaper cost.”
“So instead of requiring $5 million to buy the quoteless risk of XXX Quate to buy stocks, you can actually take that $5 million and make the leap. It gives you a wider delta so you can earn more money, essentially higher risk, higher reward,” Joseph said.
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“So she goes and she’s buying these leaps,” Joseph added. “In Biden’s first few weeks, he’s going to showcase buildback better – 1.3, 2.3, whatever huge infrastructure bill. Some of the bills included not only subsidies for the electric vehicle industry, but also a lot of money to build and invest in for electric vehicle charging ports. You know, so you can’t just tell people to go buy electric vehicles. You need infrastructure.”
According to Business InsiderPaul bought 25 Teslacoal options on December 22, 2020 at a “strike price” of $500, earning value between $500 and $1 million. The move came weeks before former President Joe Biden. announcement His electric vehicle plan aims to replace the US Federal Fleet of gas-powered vehicles with EVs.
But that wasn’t the only thing that Paul was successful in his deal. He also bets on stocks in Alphabet Inc., Amazon.com Inc. and Apple Inc. in 2021 just weeks before the House Judiciary Committee votes for antitrust laws. According to To Bloomberg. A financial disclosure signed by Pelosi showed that Paul exercised a call option to acquire 4,000 shares of Alphabet at an act price of $1,200. The lawmaker’s husband made a profit of $4.8 million.
“So, if you start following the timeline above, it’s like Biden is being elected. She’s buying up to $5 million leap, which is extremely dangerous with Tesla,” Joseph said. “That agenda comes out. Stocks fly 50%. So she’s not actually buying things that the public doesn’t necessarily know, but she’s all looking at stocks, so now she’s buying things with a lot of money in the way the public is now paying attention. [and] Elon. ”
“It was the first trade I think, ‘Wait a minute, this might not be the most sketchy trade in the world, because this was still public, but it’s inevitably allowed to do so, so this might not be the most sketchy trade in the world.” What about Pelosi, the third most powerful figure in America? How do you allow that? ” asked Joseph. “I think the culmination of these different intersections is why this started to grow and why people started paying particular attention to Pelosi.”
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