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Reason: None provided.

Forget Warren Buffett, what does he know? I'm more interested in learning what Nancy Pelosi is doing with her vast portfolio. Is Nancy buying or selling her Taiwanese holdings?

Knowing Nancy she's shorting Taiwan - borrowing shares and then selling them. Once those shares drop in price she buys them back and returns them back to the people she borrowed shares from. Nancy then gets to pocket the difference between the higher price she sold them for and the lower price she bought them back.

'The Oracle of Wall Street', Nancy Pelosi makes money whether markets go up, down or sideways.

1 year ago
1 score
Reason: Original

Forget Warren Buffett, what does he know? I'm more interested in learning what is Nancy Pelosi is doing with her vast portfolio. Is Nancy buying or selling her Taiwanese holdings?

Knowing Nancy she's shorting Taiwan - borrowing shares and then selling them. Once those shares drop in price she buys them back and returns them back to the people she borrowed shares from. Nancy then gets to pocket the difference between the higher price she sold them for and the lower price she bought them back.

'The Oracle of Wall Street', Nancy Pelosi makes money whether markets go up, down or sideways.

1 year ago
1 score