Nancy Pelosi's Husband Sold a Boatload of Nvidia Stock Right Before It Was Eviscerated by Chinese Startup
Some shrewd investments are paying off bigtime for the congressional Democrat and her venture capitalist husband.
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I mean deepseek was first published in december, before this sale. I learned of it in english news about this time last week. the market didn't dump until all the SV dorks had a shitfit on the weekend. the existence of deepseek is the very opposite of insider information for nvidia or other semiconductor stocks.
I think it's more that he knew the market panic was coming, and dumped the stock right before it happened.
it wasn't right before though, it was close to a month before. the transactions were made before new years eve, dec 31, and the big dump happened yesterday, jan 27. there's lots of reasons to suggest that pelosi and other congresspeople front run news and take advantage of privileged information but this isn't one of them.
I guess maybe he just got good investment advice then.
Deepseek V3 was December, R1 was January 20.
