Latest / Turley Talks / Ep. 3640 How Nancy Pelosi Beat Wall Street | 17,000% Returns EXPLAINED!
Transcript
- 0:00[SPEAKER_02]: The liberal globalist order is on its brink and awakening a new conservative age.
- 0:06[SPEAKER_02]: Dr. Steve Turley joined me every day as we discover answers to today's toughest challenges and explore the re-bondalization of conservative civilization.
- 0:18[SPEAKER_02]: This is Turley Talks.
- 0:20[SPEAKER_00]: The former House Speaker saw whopping return of nearly 17,000 percent while in office outperforming the Dow before taking office in 1987 a financial form showed California Democrat and her husband reporting up to $785,000 worth of stocks in their portfolio.
- 0:43[SPEAKER_00]: The report comes days after the 85-year-old announced she won't be seeking re-election.
- 0:49[SPEAKER_02]: Farewell, Ms. Pelosi.
- 0:52[SPEAKER_02]: I have been waiting to say those words for years.
- 0:55[SPEAKER_02]: Bye-bye, Nancy.
- 0:56[SPEAKER_02]: Don't let the door hitch in the rear.
- 0:58[SPEAKER_02]: Hey, guys, it's me, Dr. Steve.
- 1:00[SPEAKER_02]: So yeah, through the Wolf of Washington is finally retiring.
- 1:05[SPEAKER_02]: leaving a legacy of infamy is one of the most corrupt politicians in DC history.
- 1:11[SPEAKER_02]: I've got a very special guest today.
- 1:13[SPEAKER_02]: I know he's been looking forward to this day for a long, long time as I have.
- 1:18[SPEAKER_02]: Ross given this is a long time friend of the channel.
- 1:20[SPEAKER_02]: He's also the leading authority on insider trading.
- 1:23[SPEAKER_02]: And I've asked them to come on to explain not only how Nancy Pelosi got rich by cheating the stock market, but ironically to show how we can actually piggyback on the stock trades of these insiders.
- 1:38[SPEAKER_02]: So Ross wants, he runs a wildly successful service called the insider effect, which tracks
- 1:48[SPEAKER_02]: are putting their own money.
- 1:50[SPEAKER_02]: And he's been doing it for nearly a decade and he's never had a losing year.
- 1:53[SPEAKER_02]: I mean, the portfolio, which he shares with his members completely open, it's up over 19 hundred percent since 2017.
- 2:02[SPEAKER_02]: I mean, absolutely astounding.
- 2:05[SPEAKER_02]: Again, I don't want to get ahead of myself here, but Ross is hosting
- 2:08[SPEAKER_02]: a special line to that from my Patriot audience, where he's going to show you how to legally and ethically follow insider money and potentially profit just like the political elites do.
- 2:20[SPEAKER_02]: It's completely free to attend.
- 2:22[SPEAKER_02]: It's online, can enjoy it from the comfort of your own couch.
- 2:25[SPEAKER_02]: Just click the link below to register, grab your spot early.
- 2:28[SPEAKER_02]: It's this Thursday, November 20th, that three p.m. Eastern, and you do not want to wait.
- 2:35[SPEAKER_02]: These fill up very fast.
- 2:37[SPEAKER_02]: I'm always impressed with what a proud Ross can get.
- 2:41[SPEAKER_02]: Ross, my man, here he is.
- 2:42[SPEAKER_02]: Well, okay, my friend.
- 2:44[SPEAKER_01]: Good to see you, Dr. Steve.
- 2:45[SPEAKER_02]: Oh, it's great to have you as always.
- 2:47[SPEAKER_02]: So, dude, I know like I said, you've been waiting for this day as long as I have a lovely longer longer.
- 2:54[SPEAKER_02]: It's happening, it's happening at 85 years old Pelosi is retired.
- 3:01[SPEAKER_02]: Do you know she's been in Congress since Reagan?
- 3:03[SPEAKER_01]: yeah 38 years.
- 3:05[SPEAKER_02]: Yeah, incredible.
- 3:06[SPEAKER_02]: I mean, I want to talk about this because at this point every everyone knows she has she's made gazillions on insider trip.
- 3:16[SPEAKER_02]: Yeah.
- 3:16[SPEAKER_02]: All right.
- 3:17[SPEAKER_02]: She's been called up by the media.
- 3:18[SPEAKER_02]: She's been called out by President Trump.
- 3:20[SPEAKER_02]: Even Elon Musk joked about her track record from the Oval Office from what's being reported as I understand a Pelosi had an estimated
- 3:29[SPEAKER_02]: 17,000 percent return, while in office, enough to turn every $100,000 into 18 mil.
- 3:40[SPEAKER_02]: Ross, how the heck did I need to
- 3:44[SPEAKER_01]: It's not, Dr. Steve, unless of course you're cheating, which we all know she was, and yeah, I mean, look, you laid it out.
- 3:51[SPEAKER_01]: She beat every single hedge fund manager in America last year.
- 3:55[SPEAKER_01]: It just doesn't happen.
- 3:56[SPEAKER_01]: I mean, her annualized returns, not one off, her annualized returns, or the last few years, were roughly 69%.
- 4:04[SPEAKER_01]: That is triple the returns of Buffett.
- 4:07[SPEAKER_01]: It's better than any hedge fund manager in history.
- 4:11[SPEAKER_01]: These numbers are not just unheard of.
- 4:13[SPEAKER_01]: They are statistically impossible.
- 4:15[SPEAKER_01]: Yeah.
- 4:15[SPEAKER_01]: She has built this 3,400, whatever it is now, million-dollar net worth on a $175,000 salary.
- 4:23[SPEAKER_01]: It just doesn't happen.
- 4:25[SPEAKER_01]: And of course, the reason she's done so well is because she's got a secret weapon and what that is is she just trades on inside information.
- 4:32[SPEAKER_01]: She uses what she learns in Congress to get in front of Stoss are gonna benefit and she's been doing it for decades.
- 4:39[SPEAKER_02]: And and to be fair on that is what yeah, I mean you and I talk a lot about this off camera I mean she's not the only one in DC doing this.
- 4:48[SPEAKER_01]: No, she's not she gets I mean listen She's the the the matron saint of the insider trading crew, but uh, yeah a lot of them do it both sides of the aisle I think since you an image if you can pull that up and
- 4:59[SPEAKER_01]: This is just should show it, this is the investment performance, the top members of Congress last year, and you know, to give some respect to this, I've marked where Warren Buffett landed and pretty much anyone in this country, if Warren Buffett offered to manage your money, you take it.
- 5:16[SPEAKER_01]: And listen, he had a great year with his best years in decades, but
- 5:21[SPEAKER_01]: He's below, like, two dozen converse men and women.
- 5:26[SPEAKER_02]: It's, it's, they don't even hide it.
- 5:30[SPEAKER_02]: I mean, see what, I mean, you look at those numbers.
- 5:33[SPEAKER_02]: I mean, why aren't these people writing investment books?
- 5:36[SPEAKER_02]: You know, not right bestselling, but who needs Warren Buffett?
- 5:40[SPEAKER_01]: Yeah.
- 5:40[SPEAKER_02]: Why aren't they on CNBC every day, right?
- 5:43[SPEAKER_02]: And am I right?
- 5:45[SPEAKER_02]: five of them returned over a hundred percent.
- 5:49[SPEAKER_02]: Yeah.
- 5:49[SPEAKER_01]: Yeah.
- 5:50[SPEAKER_02]: And that's that's just last year, right?
- 5:52[SPEAKER_01]: Just last year, right?
- 5:53[SPEAKER_01]: I mean, think about you doubled your retirement account in a year, not not doing as professionally, not day trading, not as some, you know, savant Wall Street trader from putting in a couple of trades with your broker in between congressional meetings.
- 6:07[SPEAKER_01]: Like, it's just
- 6:12[SPEAKER_02]: Would you, can you, has painful this may be to hear, but the beauty whenever I chat with you is there's always a bright side to this, which I love, but can you break this down for us because some viewers, they may be hearing you for the first time, what exactly is insider trading.
- 6:31[SPEAKER_02]: who's doing it and and how does it work.
- 6:35[SPEAKER_01]: So the technical definition of insider trading is just buying or selling a stock based on material, non-public information.
- 6:42[SPEAKER_01]: That's the big thing.
- 6:43[SPEAKER_01]: You know something that's not public and take advantage.
- 6:45[SPEAKER_01]: So for example, if you've got a pharmaceutical company, they're about to get FDA approval on a new drug, when that approval becomes public, the stock is going to skyrocket.
- 6:55[SPEAKER_01]: But if you knew that information before everyone else,
- 6:59[SPEAKER_01]: You could buy the stock early and you make a fortune, right?
- 7:01[SPEAKER_01]: So that's what insider trade is using this private information to profit from.
- 7:06[SPEAKER_01]: Who does it?
- 7:08[SPEAKER_01]: I mean, yeah, you'd nail it, like all of them.
- 7:10[SPEAKER_01]: Like politicians, obviously, are so the most blatant offenders, Democrats, Republicans, freshmen, senior, senior, congressmen, all of them.
- 7:17[SPEAKER_01]: And all this really has come to light the last few years.
- 7:20[SPEAKER_01]: I mean, Pelosi's been doing this for three to half decades.
- 7:23[SPEAKER_01]: It hasn't been in the news, but for the last few years, and really COVID kicked all that off, because when COVID can't hit down the economy, it was crazy overreaching in the stock market tanked, like absolutely tanked, and it turns out that a lot of these congressmen have to being briefed on what's going to happen, got out of the stock market, they sold millions and millions of dollars for the stock.
- 7:45[SPEAKER_01]: So everyone else got crushed, they're safely out, made a lot of people angry, and I think from there people just kind of dug in.
- 7:51[SPEAKER_01]: You know, one of the big things about this and we joke about Pelosi leaving, right, because she is, I mean, the deep state of the deep state, but I might be the only one sad about her leaving, because we've made so much money following her stock trades.
- 8:05[SPEAKER_01]: And I don't think a lot of people realize that is that this is all public information whether it's I audition like Pelosi, whether to CEO, whether it's a board member, whether it's Elon Musk, if they
- 8:17[SPEAKER_01]: are placing these trades if they are technically defined as an insider Congress is to do it so to see sweet.
- 8:23[SPEAKER_01]: We can write.
- 8:25[SPEAKER_01]: We can write along.
- 8:26[SPEAKER_01]: And so, you know, as you always say, like, well, you get, you can't, you can't beat him join up.
- 8:31[SPEAKER_01]: Right?
- 8:32[SPEAKER_01]: All we're doing is basically leveling the playing field and showing people how to had to follow along.
- 8:36[SPEAKER_01]: And he says, that's why we're doing this training event.
- 8:37[SPEAKER_01]: It's coming up this Thursday.
- 8:39[SPEAKER_01]: But I encourage people to come.
- 8:40[SPEAKER_01]: You've been, it's, it's 100%.
- 8:42[SPEAKER_02]: Yeah, we'll show you how to find all this stuff.
- 8:46[SPEAKER_02]: They're amazing, but the way that Pelosi's doing and so forth, that is illegal isn't it?
- 8:52[SPEAKER_02]: I mean, it's certainly an ethical and many ways.
- 8:54[SPEAKER_01]: Yeah, sure, technically it's illegal, but like for one thing, you know, when you're the part of it, but no one's going to prison for this.
- 9:00[SPEAKER_01]: Yeah, well, it's very difficult to prove, right?
- 9:04[SPEAKER_01]: I mean, you could know that she knew this, but you have to physically prove that's the reason she bought the stock and that's very, very difficult to do.
- 9:12[SPEAKER_02]: Yeah, no, I can see that.
- 9:14[SPEAKER_02]: But yeah, I, you know, I just, I guess for me, it's just, it's another example of this massive gap between the people versus the permanent political class right one rule for me and another for the
- 9:28[SPEAKER_02]: And we, you know, we often say on this channel that Washington, you see, has just become a business model.
- 9:33[SPEAKER_02]: Right.
- 9:34[SPEAKER_02]: And this is exactly what we're talking about.
- 9:37[SPEAKER_02]: Some business-minded people open a business.
- 9:42[SPEAKER_02]: So it may become entrepreneurs, it's a crazy seller product or a service document.
- 9:46[SPEAKER_02]: Yeah, right.
- 9:47[SPEAKER_02]: Exactly.
- 9:47[SPEAKER_02]: Exactly, right?
- 9:49[SPEAKER_02]: They actually try to produce something wonderful for society.
- 9:52[SPEAKER_02]: They've become legit investors like Warren Buffett, but some run for office because as we can see, the financial perks are second to none.
- 10:03[SPEAKER_02]: Now, Ross, but this is where this is the bright side as of it for me, because the coolest thing is how you, in effect,
- 10:12[SPEAKER_02]: make those, you make those perks available to everyone, to average Americans.
- 10:21[SPEAKER_02]: And you're actually going to be hosting this training session, showing people really step by step how we can tap into this.
- 10:27[SPEAKER_02]: And I learned this from you.
- 10:29[SPEAKER_02]: how we can tap into a little known SEC loophole, like you just said, it's available to everyone.
- 10:37[SPEAKER_02]: It's public, but not everybody knows about those.
- 10:40[SPEAKER_02]: And this is help lead your clients to massive stock gains.
- 10:45[SPEAKER_02]: We'll talk more about that later.
- 10:47[SPEAKER_02]: But for now, again, gang, if you want to sneak peek, just click on the link in the description below.
- 10:51[SPEAKER_02]: You're going to absolutely love it.
- 10:56[UNKNOWN]: But
- 10:56[SPEAKER_02]: and perfectly legally, ethically benefit from similar patterns.
- 11:01[SPEAKER_02]: Can you explain how that works?
- 11:03[SPEAKER_01]: Yeah.
- 11:03[SPEAKER_01]: So essentially, when they report these trades, right, they are required.
- 11:06[SPEAKER_01]: They buy stocks, get a file, a certain piece of paper with either the house or the Senate.
- 11:10[SPEAKER_01]: If you're a CEO, CFO, you got a file, this thing of the SEC, called a foreign for.
- 11:15[SPEAKER_01]: And they're all public.
- 11:17[SPEAKER_01]: And so the basic idea is, is just follow the money, right?
- 11:21[SPEAKER_01]: And a lot of people started tracking these trades made by politicians like Pelosi.
- 11:25[SPEAKER_01]: There's Twitter accounts out there dedicated to it.
- 11:28[SPEAKER_01]: Um, the the only downside is Congress has 45 days to report their trade.
- 11:35[SPEAKER_01]: So it's too late.
- 11:36[SPEAKER_02]: Right.
- 11:36[SPEAKER_02]: Yeah.
- 11:36[SPEAKER_01]: It's some times.
- 11:37[SPEAKER_01]: Yeah.
- 11:37[SPEAKER_01]: The stock and Pelosi bought January.
- 11:39[SPEAKER_01]: Tempest AI was up 180% in 30 days.
- 11:43[SPEAKER_02]: Yeah.
- 11:43[SPEAKER_01]: Right.
- 11:44[SPEAKER_01]: But these corporate guys, the CEO, the CFOs, not only do they have to report their trades pretty much instantly.
- 11:50[SPEAKER_01]: They have like two days to do it.
- 11:51[SPEAKER_01]: So you know the next day.
- 11:53[SPEAKER_01]: But their track record's even better.
- 11:55[SPEAKER_02]: Right.
- 11:55[SPEAKER_01]: Because, you know, they're trading only their own stock and they've had access to all sorts of insight information.
- 12:01[SPEAKER_01]: They know about upcoming earnings.
- 12:02[SPEAKER_01]: They know about new products rolling out or buyouts and despite all this mass information, they are essentially free to trade their own stock.
- 12:11[SPEAKER_01]: They are rarely prosecuted.
- 12:13[SPEAKER_01]: They have incredible track records.
- 12:15[SPEAKER_01]: We can see it in real time.
- 12:16[SPEAKER_01]: So essentially what we have is this loop, where we can see what they're buying almost immediately with the mass of edge they have and follow logs.
- 12:25[SPEAKER_01]: It's just that simple.
- 12:27[SPEAKER_02]: It's awesome.
- 12:28[SPEAKER_02]: It's really, you're basically just writing their co-tails.
- 12:32[SPEAKER_02]: Exiting public data, right?
- 12:35[SPEAKER_02]: Again, completely, completely ethical.
- 12:38[SPEAKER_01]: Yeah, and we're just, you know, they have a vanage.
- 12:40[SPEAKER_01]: All right, we're going to use it for ourself.
- 12:43[SPEAKER_01]: Right.
- 12:43[SPEAKER_01]: They got good inside tips, fine, feed them to me.
- 12:45[SPEAKER_01]: And they do, because we're using their own greed against them.
- 12:48[SPEAKER_01]: If they know something, and we see half the company putting two times their annual salary in their own company, stock all at once.
- 12:55[SPEAKER_01]: It's like, what are you trying to take advantage of?
- 12:58[SPEAKER_01]: Maybe I'd like to follow along.
- 13:00[SPEAKER_01]: And these stock trades, I take place every day.
- 13:03[SPEAKER_01]: All we're doing is looking for the really obvious ones and just follow those so we did one back a few years ago and it's a medical company
- 13:12[SPEAKER_01]: The inside of the CEO, CFO chairman, buying big six, seven figure amounts.
- 13:17[SPEAKER_01]: And this is in the middle of the 2022 bear market.
- 13:19[SPEAKER_01]: Right, so everything's going down.
- 13:21[SPEAKER_01]: Well, like eight weeks later, turns out, Glaxo Smith Klein is buying them out.
- 13:26[SPEAKER_01]: 80% pre-stock was about 78% overnight in a bear market.
- 13:32[SPEAKER_01]: And we already owned the stock.
- 13:34[SPEAKER_01]: So it's like, well, we're lost.
- 13:36[SPEAKER_01]: Maybe it was a coincidence.
- 13:36[SPEAKER_01]: Yeah, maybe the Pope's a Buddhist.
- 13:38[SPEAKER_01]: I doubt it, right?
- 13:41[SPEAKER_01]: Right.
- 13:41[SPEAKER_01]: So, and this happens over and over.
- 13:43[SPEAKER_01]: We got a little pharmaceutical in it, like 40 cents a share, totally off the radar, little tiny baby development stage company, because everyone, I mean, like the CEO, CFPOP, a V-POP, 11 people at this company bought the stock in a week.
- 14:02[SPEAKER_01]: While they do something, and they're right in the middle of these hugely important stage two clinical drug trials.
- 14:09[SPEAKER_01]: The ones they're going to make a break to stock.
- 14:11[SPEAKER_01]: So it's like kind of a no brainer.
- 14:14[SPEAKER_01]: You know, so we recommended that one to our member.
- 14:16[SPEAKER_01]: Now, I think you text me about this when it went up 300 plus percent and like four months.
- 14:21[SPEAKER_01]: Yeah.
- 14:21[SPEAKER_01]: Um, yeah.
- 14:23[SPEAKER_01]: I don't want to come off like this is every stock's going to win.
- 14:26[SPEAKER_01]: They're all going to double like obviously that's not
- 14:32[SPEAKER_01]: Uh, a method like this.
- 14:34[SPEAKER_01]: I mean, I kind of think of like fishing out of a stopped pond.
- 14:37[SPEAKER_01]: You know, the stocks they're buying, you get a couple of these three 40s in a year that doubled triple.
- 14:44[SPEAKER_01]: We got one out of 1,900 percent.
- 14:46[SPEAKER_02]: Yeah.
- 14:47[SPEAKER_01]: And we'll just beat in the market steadily since 2017 again, just just from following the long.
- 14:51[SPEAKER_01]: And so, um, Pelosi has been big wake up called to this, but I encourage everyone to use this information as why we do these
- 15:02[SPEAKER_02]: Right, right, and that 1900% here overall port folios is say.
- 15:08[SPEAKER_02]: Yeah, 2017.
- 15:10[SPEAKER_02]: I'm sure within the next two decades, you will rival Pelosi's port folios.
- 15:15[SPEAKER_02]: Very same to me.
- 15:17[SPEAKER_02]: I love it.
- 15:17[SPEAKER_02]: And what I love about this again is how this insider strategy can actually work in our favor, in the favor of working hardworking regular Americans.
- 15:31[SPEAKER_02]: So you're hosting the free webinar on this soon.
- 15:34[SPEAKER_02]: Just give us a little sense of what we can expect.
- 15:36[SPEAKER_01]: Yeah, so again, it's this Thursday, number 20th at three Eastern, it's about an hour long live training, but a lot of people threw everything.
- 15:43[SPEAKER_01]: The SEC website where these trades are posted, I'll show you how to scan for what the best winners have had in common, the best signals, the patterns, what is historically produced, the biggest returns.
- 15:55[SPEAKER_01]: It's completely free for anyone to attend.
- 15:57[SPEAKER_01]: In fact, if I got to mention this, we're actually sending our most recent pick for free to everyone, how even registers.
- 16:04[SPEAKER_01]: So even if you can't attend live, put your email and I will send that to you.
- 16:08[SPEAKER_01]: You'll see the stock, all the research is very eye-opening.
- 16:12[SPEAKER_02]: Yeah, no, I love your I love your your taxid they are they're very very informative gang.
- 16:19[SPEAKER_02]: It's this is awesome.
- 16:20[SPEAKER_02]: You don't want to miss this.
- 16:21[SPEAKER_02]: Just click the link below register again.
- 16:24[SPEAKER_02]: Remember seeding is limited.
- 16:25[SPEAKER_02]: And I'll see you at the webinar.
- 16:28[SPEAKER_02]: I'm going to be there as well with Ross on Thursday November 20th.
- 16:33[SPEAKER_02]: You know, as we close out here.
- 16:35[SPEAKER_02]: What can I say, man, ding, dong, the witch's dead.
- 16:37[SPEAKER_02]: I don't know.
- 16:39[SPEAKER_01]: I don't think anybody's going to miss her.
- 16:41[SPEAKER_02]: But ironically, and you said this a few times, ironically, she has helped set a path that's giving ordinary Americans an extraordinary opportunity.
- 16:52[SPEAKER_02]: And that's what I love about what you're doing.
- 16:54[SPEAKER_01]: So again, is there any truth to her daughter running?
- 16:57[SPEAKER_01]: Have you heard about this?
- 16:58[SPEAKER_02]: I have heard about that.
- 16:59[SPEAKER_02]: I have.
- 17:00[SPEAKER_02]: She made people a Pelosi may replace a Pelosi.
- 17:04[SPEAKER_01]: Do you think she'll carry the insider trading tour?
- 17:08[SPEAKER_01]: Oh, I'm sure she will.
- 17:10[SPEAKER_02]: She will carry on the family tradition.
- 17:13[SPEAKER_02]: I'm sure she will.
- 17:13[SPEAKER_02]: That she's because she's really into documentary making and film making.
- 17:16[SPEAKER_02]: So we'll see.
- 17:17[SPEAKER_02]: I don't know how much of a politician she is, but
- 17:20[SPEAKER_02]: It's San Francisco politics, it's, you know, it's just these, uh, these, uh, uh, these coronations, you know, no Republican has a shot or anything like that.
- 17:31[SPEAKER_02]: All right, gang, make sure you click on that link below.
- 17:33[SPEAKER_02]: Remember, Ross's free online trainings fill up very, very fast.
- 17:38[SPEAKER_02]: So you do not want to wait on those Thursday, November 20th at 3 p.m. Eastern, I'll be there.
- 17:44[SPEAKER_02]: It'll be great to see you there too, and we'll have an excellent time with Ross.
- 17:49[SPEAKER_02]: And Ross, it's always an excellent time with you.
- 17:51[SPEAKER_02]: Can't wait to share.
- 17:53[SPEAKER_02]: Great to see you, Steve.
- 17:54[SPEAKER_02]: Great to see you.
- 17:56[SPEAKER_02]: Thanks so much for listening to this episode of The Turley Talks Podcast, don't forget to subscribe, leave us a five star review, and share this episode with your friends.
- 18:05[SPEAKER_02]: Help us defeat the fake news media and rank us the number one news and commentary podcast all over the world.
- 18:12[SPEAKER_02]: Come back again tomorrow for another episode celebrating the rise of a new conservative age.