Rep. Nancy Pelosi, 85 years old, who has spent 39 of those years in Congress, and has been involved in politics for about 60 of those years, has announced that she’ll be stepping down from Congress to focus on her investments.
While Pelosi has been a fairly terrible legislator, having made the country worse each time she served as House Speaker, she is a very successful stock market investor. Indeed, the Pelosi Investment Tracker is quite popular, and headlines such as ‘3 Nancy Pelosi Stocks Worth Scooping up This November’ from Yahoo Finance and ‘8 Top Nancy Pelosi Stocks to Buy’ from US News and World Report showcase her investment skills.
Some cynical folks say that the only reason Pelosi is such a savvy investor is because she has inside information.
And once she leaves office at the ripe young age of 87, she’ll have a chance to prove them wrong. Surely, the Pelosi Equity Fund won’t be far behind as unburdened from the need to put out press releases about how great San Francisco is, she’ll be able to focus on her one true love. Not her husband, obviously, her investments.
Pelosi kept signaling until the last that she might stay and Dems were very deferential and insisted that none of the contenders, like AOC’s mini-me or that California State Senator who likes dressing up in leather and chains could ever defeat her. And we’ll never know. But surely they’ll never be able to defeat her stock picking track record.
Nancy may not have a place in the hearts of her countrymen, countrywomen and countryxers, but her legacy as PLSI will long live on, on the Big Board.
Congress was just slowing her down.
