The Pelosi investment Juggernaut!

The investment acumen of Nancy and her husband is truly something to behold. Here’s some data from Yahoo! Finance and The Times of London. And below the pictures, a NY Post article.

Someone has actually created an app where you can track – and copy if you wish – what they are doing. No doubt based on the financial disclosures they must periodically make while she is in Congress and which are public.

NY Post –

Nancy Pelosi made $130M in stock profits during Congress career

Before first taking Congressional office in 1987, the then-47-year-old freshman and her hubby, venture capitalist Paul Pelosi, reported between $610,000 and $785,000 in stocks in their portfolio, according to a copy of her “hand delivered” 1987 financial disclosure form.

They held a dozen stocks, including CitiBank, and in many companies no longer publicly traded.

That portfolio has soared to $133.7 million today, according to the latest estimates from Quiver Quantitative.

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Even with the power of compound interest, the windfall represents a staggering 14.5% average annual return — beating out the S&P 500, NASDAQ and Dow Jones performances over those years…

Last year, their investment portfolio pulled in an estimated 54% return, more than double the S&P 500’s 25% gain — and beating every large hedge fund, according to numbers in Bloomberg’s end-of-year tally.

People in government who have access to economic, and policy information which the rest of us don’t have, should have to either (1) put their money in a blind trust or (2) be restricted completely from holding individual stocks and only be able to use the same investment vehicles – about seven low cost mutual funds – which are in the government employee thrift savings program.