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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. This is interesting if there's any truth to it

This is interesting if there's any truth to it

Scheduled Pinned Locked Moved General Discussion
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  • MikM Offline
    MikM Offline
    Mik
    wrote on last edited by
    #1

    I just wonder what they base their return figure on.

    https://www.msn.com/en-us/news/politics/pelosi-earned-more-than-130-million-in-stock-profits-return-of-16-930-during-time-in-congress-report/ar-AA1Q3UQJ

    "You cannot subsidize irresponsibility and expect people to become more responsible." — Thomas Sowell

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    • kluursK Offline
      kluursK Offline
      kluurs
      wrote on last edited by
      #2

      Working hard for her money...

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      • jon-nycJ Online
        jon-nycJ Online
        jon-nyc
        wrote on last edited by jon-nyc
        #3

        That’s a CAGR of 14.9%. The S&P500 had a CAGR of 10.4% over that time.

        She’s up there with Buffet who had 14.7%.

        Inside information is great.

        Person. Woman. Man. Camera. TV.

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        • AxtremusA Offline
          AxtremusA Offline
          Axtremus
          wrote on last edited by
          #4

          At some point I hope to see Trump's return figure. I suspect neither Pelosi nor Buffet will be as great as Trump.

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          • MikM Offline
            MikM Offline
            Mik
            wrote on last edited by Mik
            #5

            What it does not say is what she started with and all the additional investments. I'm just not sure where they come up with that percentage figure. Maybe it's public information, I don't know.

            "You cannot subsidize irresponsibility and expect people to become more responsible." — Thomas Sowell

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