Latest / Black Box Theory Podcast / BBT #17 Snippet | When the President Trades and Nobody Stops Him
Transcript
- Malcolm: Like the amount of like mind you, no other president in history has d ⁓ is doing what he does. And his claim is that he has portfolio, it's independently managed. N ⁓ all other presidents they've made like a blind trust, they they they or they don't even engage in trades. They conflict of interest or Well, like even they they they just dispel any suspicion of insider trading. Bro, this guy has disclosed at least two hundred twenty million dollars in financial transactions earlier this year. The the first three months of 2026, my man, first three months of 2026, he said a cumulative it's been a cumulative value of between 220 million and and 750 million. He has bought Microsoft, Meta, Oracle, Broadcom, Goldman Sachs, ⁓ Bonds, Dell, Nvidia, Apple, Micro. Like, it is so ridiculo like, and it's like if you dive into it and you just kind of like backtrack and see some of the stuff that he does, like Dell is an example. Dell's at an all-time high. They, they, I've never seen a candlestick like that crazy after earnings. Mind you, if you go back a couple months, Susan and Michael Dell made the largest, the largest donation to a president in history, $6.5 billion to fund Trump accounts for children. Three months ago, and like, or a few months ago, back in like December of 25, calls out Dell, pumps up Dell, pumps up these U.S. companies. Now they're trading in what? Four hundred dollars a share. Thomas: And I just I just have to say, I'm looking at this Forbes right now. ⁓ this this article is actually written in September, ⁓ published September 9th, 2025. Donald Trump, I'm just gonna read it what it says. Donald Trump just had the most lucrative year of his life. The president is now worth a record 7.3 billion up from up from 4.3 billion in 2024 when he was still running for office. The three billion gain or three billion dollar gain vaulted him 118 spots on the Fours 100 where he lands at number 201 this year. Mind you, this was in September. He hadn't even been president for a year yet. This is September 2025. And in his first what, nine months of of actually sitting as president, he he already went up three billion. And I I don't know what it's at right now, but Malcolm: Mm-hmm. Thomas: The like the what we're seeing and you look at the deals going on, the I don't even know if if you can call this alleged manipulation at this point. Malcolm: No, it it's very blatant. No president ever has no president has gone out to a rally on national television and said, Yeah, go buy this stock. And pump and lit like literally his words sh manipulate the market and he knows that. No pr no president has ever enriched himself during their presidency like this. I have never seen anything like this in my life. And it's just like everyone knows it. But nobody will nobody does anything.