Nancy Pelosi Outperformed Nearly Every Hedge Fund In 2024 – Even Beating The Infamous Inverse Cramer Stock Tracker
Nancy Pelosi's stock tracker achieved a remarkable 54% gain in 2024, outperforming nearly all hedge funds, including the Inverse Cramer Stock Tracker, which gained 43%. This surge highlights the growing interest in lawmakers' trading disclosures, mandated by the STOCK Act. Hedge funds averaged a mere 10.7% return, with only a few exceptions exceeding Pelosi's performance. The success of Pelosi's tracker has sparked discussions on the need for reform in congressional trading practices, as critics argue that the STOCK Act has not effectively curbed insider trading. Calls for reforms like the ETHICS Act are gaining momentum.
Benzinga·
