Nancy Pelosi Finally Loses Some Money in the Stock Market

(Simon Black, Sovereign Man) Nancy Pelosi’s investment acumen is the stuff of legends, perhaps only rivaled by Hunter Biden’s business acumen.

For years, the US Speaker of the House raked in millions upon millions of dollars from conveniently well-timed stock and options trades— from which she has become one of the wealthiest women in the world.

Not bad for a gal who has been in politics for her entire life. She truly embodies the American Dream!

Unfortunately, though, Pelosi’s track record of unparalleled investment success may finally be coming to an end.

Stock disclosures from last year show that many of the Speaker’s options trades are seriously underwater.

On December 21, 2021, for example, Pelosi loaded up on options in Micron Technologies; she paid roughly $45 for the call options ($50 strike price with a September 2022 expiration). But those options are now worth just $20… so Pelosi is down more than 50%.

I know it’s difficult to believe, but the Sage of San Francisco is actually going to lose some money. It’s kind of ironic that she’s a victim of the market meltdown, which is due in large part to the inflation that she helped create.

You can read her financial disclosure here.