Nancy Pelosi: 2021 Wall Street Trader of the Year
Thanks to her investing prowess, the Speaker of the House’s wealth grew by an estimated $16.7 million in 2020, just as millions of Americans fell into poverty and struggled to make ends meet during the COVID-19 pandemic. Long live the Queen of Stonks!
Speaker of the House Nancy Pelosi talks to reporters during her weekly news conference in the US Capitol Visitor Center on December 15, 2021, in Washington, DC. (Chip Somodevilla / Getty Images)
Robinhood-obsessed day traders are increasingly abandoning Reddit meme stocks and Dogecoin and closely following TikTok and Twitter accounts that have sprung up to track Nancy Pelosi’s stock-buying wizardry. There’s even a “social investing” app called Iris that allows users to snap up everything she buys.
“Every single stock she has bought in the last two years has gone up significantly,” Christopher Josephs, cofounder of Iris, told Yahoo.
That’s why the Speaker of the House is our 2021 Wall Street Trader of the Year. In the halls of Capitol Hill, she might be a dove meekly brokering compromises with moderate Democrats on policy, but on the New York Stock Exchange, she’s a Gordon Gekko–like hawk unleashed, a psychic with an uncanny ability to read the market better than Warren Buffett.
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