The Tucker Carlson Show - Nancy Pelosi Stock Tracker Chris Josephs： How to Get Rich by Investing Like a Politician

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00:00:15.520 So Nancy Pelosi's Stock Tracker is one of those things that I first saw on X on Twitter,

00:00:21.080 and I thought this cannot be, this is obviously fake.

00:00:24.040 In fact, I didn't even consider for a second that it could be real,

00:00:27.360 and then I was sent it by a buddy of mine who spent 30 years on Wall Street.

00:00:31.140 Have you seen this?

00:00:31.780 And I was like, is this real?

00:00:32.820 He's like, it's totally real.

00:00:35.200 We're just talking off camera.

00:00:36.240 It's like, at 55, it's shocking for me.

00:00:39.660 It's hard to accept how corrupt the leadership of the country is.

00:00:44.060 It's like I almost can't metabolize it,

00:00:45.540 but I don't think anything has put it into clearer relief than what you have done.

00:00:57.360 So you run Nancy Pelosi's Stock Tracker.

00:01:14.040 It's incredible.

00:01:14.820 First of all, I'm really glad to meet you.

00:01:16.000 Yeah, no, I appreciate it.

00:01:16.460 And to know that you're real.

00:01:18.460 Who are you?

00:01:19.140 Where are you from?

00:01:19.680 How'd you do that?

00:01:21.380 How'd the whole thing start?

00:01:22.420 I mean, I'm 29 now.

00:01:25.160 At 25, would I say that, you know, looking five years from then,

00:01:28.820 I'll be running a Pelosi Stock Tracker,

00:01:31.120 building an app with the slogan, invest like a politician,

00:01:33.820 having that thing become a thing?

00:01:35.620 No, I don't think I would have ever gotten to that.

00:01:39.120 So at 25, I was actually living in Bali.

00:01:41.880 I quit my New York City job when I was doing finance,

00:01:44.480 and I started working on my family company,

00:01:46.920 where we would sell sports compression products,

00:01:49.240 like little ones with numbers on them,

00:01:50.760 custom ones that you would get for your kid for, you know, peewee football.

00:01:53.940 Yeah.

00:01:54.360 And I was so sick of the finance grind in New York that I was like,

00:01:57.560 I'm going to work on this family thing.

00:01:58.900 I'm going to try and take it up to another level.

00:02:00.600 I'll go travel around, move to Bali,

00:02:03.000 was working out there for probably like six or seven months,

00:02:06.720 moved back to Boston, which is where I'm from,

00:02:10.600 then went up to New Hampshire, became a snowboard instructor,

00:02:13.780 was working on the ski slopes.

00:02:16.260 Yeah, there's a whole story behind it.

00:02:17.860 I was working on the ski slopes as a snowboard instructor.

00:02:21.640 Where in New Hampshire?

00:02:22.240 Bretton Woods.

00:02:23.080 Yeah.

00:02:23.260 Great, great mountain.

00:02:24.160 Very family, family.

00:02:25.160 And this is my phone.

00:02:26.020 We're all up there.

00:02:27.540 And then when COVID hit, moved back in with my family,

00:02:30.240 and then that's how I connected with my co-founders,

00:02:32.080 Brian, Aaron, and Scott.

00:02:33.460 They're out in LA.

00:02:35.040 And there's a whole story on how I essentially connected with them,

00:02:37.820 which we can get into.

00:02:39.500 But we started building an app together.

00:02:42.220 And long story short, I'm sure we'll get into the majority of the stuff.

00:02:45.440 We essentially built out on a tech side the first way to follow your friend's stock portfolios.

00:02:51.380 So if you had a Robin Hood and I had a Webull or a Fidelity,

00:02:53.900 we would connect it to our app,

00:02:55.620 and you can get push notifications of when a trade would happen.

00:02:58.860 I was the co-founder of it, and I was in charge of the growth.

00:03:01.720 And one obvious way to do it, this was during the GameStop era,

00:03:05.220 was let me build a Nancy Pelosi portfolio.

00:03:08.240 You know, I'm seeing on Twitter, I'm seeing on TikTok, I'm seeing on Instagram,

00:03:12.680 politicians crushing it, and them getting called out for their trades,

00:03:16.640 especially during COVID, you know, will...

00:03:18.640 I never will forget it.

00:03:20.020 Yeah, you covered it.

00:03:21.160 I did.

00:03:21.440 The Richard Burr.

00:03:22.460 Yeah, I knew Richard Burr.

00:03:24.000 I was never against Senator Richard Burr of North Carolina.

00:03:26.620 And I saw that, and it looked like corruption to me.

00:03:29.880 I was disgusted by it.

00:03:30.900 So they got investigated by the DOJ, investigated by the SEC, nothing happened.

00:03:35.580 And that story is insane.

00:03:37.740 And I think that story was where it really started to get...

00:03:40.340 Can you just give us the outline of it for people who forgot?

00:03:42.280 Yeah, yeah, yeah.

00:03:42.500 So Unusual Whales, he's an account on X.

00:03:45.360 He was the one that initially started all this.

00:03:47.040 So the Pelosi tracker came...

00:03:48.040 You know him?

00:03:48.360 Yeah, yeah, we work with him.

00:03:50.100 He's a great guy.

00:03:51.640 I love his...

00:03:52.760 I don't know his name or anything about him, but I love that feed.

00:03:56.000 Obscure guy, doesn't want the world to know about him,

00:03:58.300 but he actually deserves so much credit for this stuff.

00:04:01.640 I don't think anyone would be...

00:04:02.800 Unusual Whales.

00:04:03.720 Unusual Whales on Twitter.

00:04:04.920 Yep.

00:04:05.380 He is the one that would essentially call them out at the beginning.

00:04:08.580 He started the Pelosi tracker in a way.

00:04:12.020 He was calling out the politician stuff.

00:04:13.640 And then the Pelosi tracker came probably in 2022.

00:04:15.940 But he started in 2020.

00:04:17.880 And I think Richard Burr, that whole story,

00:04:20.820 started because Unusual Whales started calling it out.

00:04:23.240 The story behind the Richard Burr is around his COVID trades.

00:04:26.380 And it was a full-on scandal.

00:04:27.860 You covered it at Fox News.

00:04:29.320 The story is, on February 7th, 2020,

00:04:34.160 he wrote an op-ed with another senator saying,

00:04:37.080 hey, Americans, don't worry.

00:04:39.340 COVID's not that bad.

00:04:40.400 We're keeping an eye on it.

00:04:41.460 Everything will be okay.

00:04:42.600 While he has and writes that op-ed,

00:04:44.820 he's getting insider kind of details

00:04:48.240 because he sat as the chairman of the Senate Intelligence Committee

00:04:51.560 while he was writing that op-ed.

00:04:53.440 So while sitting as the chair of the Senate Intelligence Committee,

00:04:56.560 he's getting private meetings saying,

00:04:58.540 hey, guys, COVID's actually way worse than we think.

00:05:00.900 This is not going to end the same way that people expect.

00:05:04.480 Be ready for some sort of rapid response.

00:05:06.900 And the head of SSCI,

00:05:08.520 the Senate Select Committee on Intelligence,

00:05:10.420 is a major player.

00:05:13.040 He's not just an average senator.

00:05:14.520 That's a very important position in Washington,

00:05:17.860 in this country, in the world.

00:05:19.340 And so he would have access to a lot of information

00:05:21.860 that fellow senators wouldn't have access to.

00:05:23.940 Exactly.

00:05:24.340 And he was tasked with partly, like,

00:05:26.720 get ready for a response.

00:05:28.560 You know, like, once COVID hits,

00:05:29.980 we think this is going to be bad.

00:05:31.120 Get ready for a response.

00:05:32.680 Have your materials ready to tackle this situation.

00:05:37.440 So he probably knew the severity of it

00:05:40.220 to 10x what the everyday American

00:05:43.020 and also probably what other senators

00:05:44.920 and representatives did as well.

00:05:47.200 So if you follow the timeline, though,

00:05:48.580 February 7th is when he wrote that op-ed.

00:05:50.480 February 13th is the day that he went

00:05:53.720 and he sold off $1.65 million

00:05:56.200 of his entire retirement account.

00:05:58.740 So a week after, he told the American-

00:06:00.640 It was a retirement account.

00:06:00.920 Yeah, not only just a normal kind of investment account,

00:06:04.340 it was a retirement account.

00:06:06.060 He sold the whole thing.

00:06:07.260 Is it fair to say for non-investor,

00:06:09.320 just to inform the rest of us

00:06:10.520 who are not familiar with the details,

00:06:11.800 to sell off your retirement accounts

00:06:12.820 so that you're not dicking around at that point?

00:06:13.960 No, no, no, no.

00:06:15.120 Yeah, the retirement account

00:06:16.260 is something you don't touch.

00:06:17.440 Like, those are the simply buy and hold,

00:06:19.100 you know, never touch them forever.

00:06:20.900 But selling off that to that degree is extreme.

00:06:24.740 And I think is what caught a lot of people's attention

00:06:27.120 of like, you don't just do that.

00:06:29.420 You know what?

00:06:30.420 You don't just do that

00:06:31.360 while you're the chair

00:06:32.720 of the Senate Intelligence Committee, you know?

00:06:35.380 But to make this,

00:06:36.920 this is why I get passionate about.

00:06:39.560 It's like, I'm not even a political guy.

00:06:41.080 Like, I'll tell you the whole story

00:06:42.240 of how this started.

00:06:43.040 I didn't grow up being obsessed with politics.

00:06:45.020 I just, citizen journalists

00:06:46.960 kind of see the opportunity

00:06:48.160 and be like, this is fucked up.

00:06:49.440 We should stop this.

00:06:50.480 Uh, the story though, then goes February 13th,

00:06:53.940 he sells off 1.65 million.

00:06:55.760 30 minutes later, he calls his brother-in-law

00:06:57.840 and his, him and his brother-in-law

00:07:00.100 have around a two minute conversation.

00:07:02.160 The brother-in-law hangs up the phone,

00:07:05.000 calls his financial advisor.

00:07:06.840 His financial advisor doesn't pick up.

00:07:09.080 He then calls his second financial advisor.

00:07:11.660 They pick up,

00:07:12.520 they have around a 30 second conversation.

00:07:14.300 He then goes off and sells off $265,000

00:07:18.160 of his own portfolio.

00:07:20.700 So now you got the senator,

00:07:22.940 who's the head of the Senate Intelligence Committee,

00:07:25.160 calling up his brother-in-law,

00:07:26.480 them having a conversation,

00:07:27.720 and then the brother-in-law going and selling off

00:07:29.980 30 seconds after that conversation.

00:07:32.380 Now I don't,

00:07:33.480 that's sketchy as hell to me.

00:07:34.900 The weird thing is that I know the brother-in-law.

00:07:37.180 It was my neighbor and a super nice guy.

00:07:39.800 And I sort of knew her,

00:07:40.860 not really, but kind of, you know?

00:07:43.580 And so when you live in Washington,

00:07:44.840 and I'm only saying that,

00:07:46.120 it's not unusual that I would know them

00:07:47.500 because I lived in Washington my whole life.

00:07:49.280 But that's kind of one of the reasons

00:07:50.660 we have all this corruption

00:07:51.600 is that everyone knows everybody else.

00:07:53.060 Yeah, yeah, yeah.

00:07:53.580 And it's just impossible to believe

00:07:55.060 that someone whose house you've been at many times,

00:07:56.920 and I have,

00:07:57.980 would do something like that.

00:07:59.480 It's just hard,

00:08:00.000 the closer you are to something,

00:08:00.920 the harder it is to just like

00:08:01.720 have an alcoholic spouse.

00:08:02.700 A thousand percent.

00:08:04.380 And like the other argument to be had is like,

00:08:06.880 you know,

00:08:07.360 around February 13th,

00:08:08.640 I don't remember it,

00:08:09.800 you know,

00:08:10.100 I don't remember the headlines

00:08:11.160 that were coming out.

00:08:12.000 Like how extreme was that?

00:08:13.340 If you're the brother-in-law,

00:08:14.560 of course you sell out,

00:08:15.880 you know?

00:08:16.240 Of course.

00:08:16.900 It's not like you're necessarily

00:08:18.100 going to listen to that,

00:08:19.380 read all the headlines,

00:08:20.220 and do nothing about it.

00:08:21.260 So it's not even necessarily

00:08:22.360 his fault for selling.

00:08:23.560 And I don't think like

00:08:24.180 that's where the insider trading

00:08:25.320 necessarily happens.

00:08:26.280 I think the culprit is the person

00:08:27.760 who makes that initial phone call,

00:08:30.740 which is I think

00:08:31.240 where the investigation happens.

00:08:32.220 Of course.

00:08:32.900 So then what'd they do

00:08:33.540 with the money?

00:08:35.040 They keep,

00:08:35.880 so they,

00:08:36.920 that happened on February 13th.

00:08:39.060 And then the storyline goes,

00:08:41.480 they started having private,

00:08:42.680 Richard Burr started having

00:08:43.700 private conversations

00:08:44.580 with his donors.

00:08:46.040 And then the donors

00:08:46.820 were starting to set

00:08:47.480 all this stuff up.

00:08:48.500 A month later,

00:08:49.520 not even a month,

00:08:50.700 three weeks after that,

00:08:51.840 around March,

00:08:52.900 early March,

00:08:53.440 is when the market fell 30%.

00:08:54.960 And they saved themselves millions.

00:08:58.160 That all gets blown up

00:08:59.560 because of, again,

00:09:00.180 unusual whales.

00:09:01.580 The SEC gets involved.

00:09:02.780 The DOJ gets involved.

00:09:04.560 They then find nothing.

00:09:05.960 Well, they find all this information.

00:09:07.460 That's how we know about the text.

00:09:08.620 The FBI came in.

00:09:09.900 But they don't charge them

00:09:10.900 with anything.

00:09:12.220 Nothing happens.

00:09:13.280 Richard Burr retires.

00:09:15.260 And, you know,

00:09:16.180 it's just like,

00:09:16.740 again,

00:09:17.280 we were chatting about this

00:09:18.280 off camera.

00:09:18.700 I'm 29.

00:09:19.400 I grew up with this.

00:09:20.420 I'm not surprised by it.

00:09:22.100 I'm just like,

00:09:22.660 yeah,

00:09:23.360 of course the politicians

00:09:24.400 kind of can build

00:09:25.500 this situation

00:09:26.180 where they benefit

00:09:27.720 and people

00:09:29.560 will come after them.

00:09:30.560 They'll make a facade.

00:09:31.900 No charges will happen

00:09:33.040 and they'll go off

00:09:33.600 into the sunset.

00:09:34.700 So,

00:09:35.280 I was raised

00:09:35.920 during the height of empire,

00:09:37.100 you know,

00:09:37.380 our Victorian era

00:09:38.760 and you were raised

00:09:39.940 in the decline of empire,

00:09:41.760 sort of the post-World War era.

00:09:43.440 So,

00:09:43.760 totally different perspective.

00:09:45.320 So,

00:09:45.920 you're much better situated

00:09:47.660 to understand

00:09:48.800 what's going on,

00:09:49.340 to see it clearly,

00:09:50.340 to not lie to yourself

00:09:51.280 about it.

00:09:53.580 That's crazy.

00:09:54.480 So,

00:09:55.560 Burr,

00:09:57.020 just to let you know

00:09:57.940 since I'm from D.C.,

00:09:59.060 I don't think

00:09:59.540 the head of the

00:10:00.100 Senate Intel Committee

00:10:01.100 can ever be charged

00:10:01.860 with a crime

00:10:02.320 because he knows too much.

00:10:03.920 He had to step down

00:10:05.420 too while he was

00:10:06.360 getting investigated.

00:10:07.140 But, yeah,

00:10:07.500 I mean,

00:10:07.760 I believe it.

00:10:09.540 Wow.

00:10:10.020 So,

00:10:10.260 you're watching this

00:10:11.120 just at home

00:10:11.700 because you said

00:10:12.380 you're not political.

00:10:13.280 Yeah,

00:10:13.480 I'm watching this at home

00:10:14.360 while I'm building

00:10:15.180 the social investing app

00:10:16.800 that at the time

00:10:17.820 was called Iris.

00:10:18.660 So,

00:10:18.920 that's what's funny about it.

00:10:20.740 I,

00:10:20.820 you know,

00:10:21.380 we run the Pelosi Tracker.

00:10:22.580 I'm not a political guy.

00:10:23.880 I'm just an everyday dude.

00:10:25.760 You know,

00:10:26.000 I'm 26,

00:10:27.240 moved out to California

00:10:28.200 to build this

00:10:29.180 with my friends.

00:10:30.600 And then,

00:10:31.500 the politics stuff

00:10:32.520 starts happening

00:10:33.300 and like our mission

00:10:34.400 with our app

00:10:36.020 is to try and

00:10:36.820 instill trust

00:10:37.600 back into institutions.

00:10:39.260 And we always wanted

00:10:40.080 to do that.

00:10:40.880 And our bigger picture

00:10:41.900 was financial management

00:10:43.280 and that whole,

00:10:44.100 you know,

00:10:44.860 space.

00:10:45.620 But then we started

00:10:46.360 seeing the politics stuff.

00:10:47.520 It's like,

00:10:47.760 this is incredible

00:10:48.660 that they're able

00:10:49.300 to do this.

00:10:50.000 we have technology

00:10:51.520 and we have the team

00:10:52.280 that we can actually

00:10:52.960 build a way for us

00:10:54.400 to get involved with it.

00:10:56.060 And what better way

00:10:56.860 to highlight like

00:10:57.580 the hypocrisy

00:10:58.260 of politician stock trading

00:10:59.420 than to build a way

00:11:00.340 to actually copy them

00:11:01.400 and invest alongside them.

00:11:02.380 And that's like how

00:11:03.660 our app started.

00:11:04.960 But at the time,

00:11:06.080 no,

00:11:06.340 none of that.

00:11:06.800 And by the way,

00:11:07.240 it's hilarious.

00:11:07.920 Yeah.

00:11:08.280 I mean,

00:11:08.520 it's just hilarious.

00:11:09.640 It shouldn't be.

00:11:11.200 No,

00:11:11.420 I know.

00:11:12.000 I know.

00:11:12.500 It's crazy.

00:11:13.780 You have to laugh at tragedy.

00:11:15.380 I know.

00:11:16.360 It's working.

00:11:17.280 Like,

00:11:17.420 I'll get into the whole thing

00:11:18.320 about how like this,

00:11:20.300 Pelosi crushed it.

00:11:21.040 She was up 54% last year.

00:11:22.860 We got half a million dollars,

00:11:24.440 half a billion dollars

00:11:25.600 invested alongside her

00:11:27.000 where the app

00:11:28.640 is too popular.

00:11:29.380 It shouldn't be this popular

00:11:30.780 with just like a slogan

00:11:32.020 of us like a politician.

00:11:33.120 But I think it perfectly

00:11:34.320 encompasses and showcases

00:11:36.400 like the slogan

00:11:38.300 of what's wrong

00:11:38.980 with society right now.

00:11:40.680 It's not only

00:11:41.860 do we not trust politicians,

00:11:43.020 we now are at the point

00:11:44.680 where like throwing up our hands

00:11:45.980 like fuck it.

00:11:46.840 You know,

00:11:47.100 if you guys aren't going to ban it,

00:11:48.440 you're going to keep doing it.

00:11:49.400 We're going to build a way

00:11:50.060 to get in on the action.

00:11:51.420 And what better way to do it

00:11:52.640 and highlight the hypocrisy

00:11:53.880 than copying them.

00:11:55.120 You're making my day.

00:11:56.400 Yeah.

00:11:56.660 I mean,

00:11:57.960 I again,

00:11:58.620 though,

00:11:58.860 if I can snap my fingers

00:12:00.440 and have it just go away.

00:12:01.480 Of course,

00:12:02.220 but you can't,

00:12:02.840 unfortunately.

00:12:03.780 So,

00:12:03.980 okay,

00:12:04.840 so you see this

00:12:05.900 and you decide

00:12:06.660 that this is going on,

00:12:10.900 that there's corruption,

00:12:11.660 that people,

00:12:12.140 that politicians

00:12:12.720 are supposed to be

00:12:13.500 protecting and serving

00:12:14.780 the country

00:12:15.220 or actually using

00:12:15.840 this information

00:12:16.420 to their own advantage

00:12:17.340 while the country rots.

00:12:20.780 How did you discover

00:12:22.640 that Pelosi was a

00:12:24.180 then Speaker of the House

00:12:25.880 was particularly

00:12:27.320 successful?

00:12:28.940 Yeah.

00:12:29.160 Pelosi,

00:12:29.700 so Pelosi

00:12:30.180 gets a lot of headlines

00:12:31.440 for obvious reasons.

00:12:32.840 One,

00:12:34.600 millions,

00:12:36.040 millions,

00:12:37.380 and massively

00:12:38.940 outweighs

00:12:40.880 the,

00:12:41.740 what the other politicians

00:12:42.540 are trading.

00:12:43.080 And I'm talking like,

00:12:43.960 she's trading 50 to 60 million

00:12:45.540 while everyone else

00:12:46.260 is trading smaller amounts.

00:12:47.380 What?

00:12:47.740 When she got married,

00:12:49.160 I think it was in 2012,

00:12:52.000 and there's a whole arc for her.

00:12:53.700 She got married in 2012

00:12:54.540 to Paul,

00:12:55.340 Paul Pelosi,

00:12:56.480 XVC.

00:12:57.560 No,

00:12:57.800 no,

00:12:57.980 she's been married

00:12:58.440 to Paul Pelosi

00:12:59.260 for decades.

00:13:00.480 Oh,

00:13:00.640 has she?

00:13:01.060 Then,

00:13:01.820 okay,

00:13:02.540 then when they got married,

00:13:03.780 I'm mixing up,

00:13:04.780 2012 is when the Stock Act started.

00:13:06.360 Right.

00:13:06.560 That's when they had to start

00:13:07.900 showcasing it.

00:13:09.480 When she got married to Paula,

00:13:10.820 they were worth around 20 million,

00:13:12.360 their net worth.

00:13:13.040 Their net worth now

00:13:14.080 is around 260 million.

00:13:15.740 So you're 10X-ing that.

00:13:18.220 How?

00:13:18.760 She's been a career-long politician,

00:13:20.700 making 175K.

00:13:22.300 Her husband's very successful

00:13:24.200 in stocks,

00:13:26.060 particularly tech stocks.

00:13:28.920 It all started with her

00:13:30.600 in 2020

00:13:32.860 when she bought Tesla.

00:13:34.460 And this is when

00:13:35.000 I personally started

00:13:35.980 paying attention.

00:13:37.080 And then there's,

00:13:37.920 you look back

00:13:38.800 and it's like,

00:13:39.080 holy shit,

00:13:39.540 this has been going on forever.

00:13:40.460 And that actually started

00:13:41.740 back in

00:13:42.360 with the Visa IPO.

00:13:44.000 So with the Visa IPO,

00:13:47.380 she and her husband

00:13:48.880 were able to get

00:13:49.740 privileged ways

00:13:50.900 to buy in on the IPO.

00:13:52.340 No one knows how,

00:13:53.060 no one knows why.

00:13:53.860 And then the stock

00:13:54.700 absolutely crushed it.

00:13:56.020 So that was brought up

00:13:57.520 on a 60 Minutes interview.

00:13:59.660 And that was that iconic

00:14:01.260 interview

00:14:02.780 from the reporter

00:14:04.340 asking her like,

00:14:05.040 do you think

00:14:05.400 this should be allowed?

00:14:06.200 Is this fine

00:14:06.780 that you got in

00:14:07.980 on the Visa?

00:14:08.840 And then,

00:14:09.200 you know,

00:14:09.420 this is 10,

00:14:10.000 12 years ago.

00:14:10.880 Nothing necessarily happened.

00:14:11.980 And again,

00:14:13.820 2020 comes around COVID.

00:14:15.800 So people already

00:14:16.640 necessarily know about her.

00:14:18.420 She now starts

00:14:19.200 trading stocks again

00:14:20.340 and it's getting

00:14:21.520 blown up on social media

00:14:22.640 because while everyone's

00:14:23.860 with COVID,

00:14:24.460 what are they doing?

00:14:25.100 They're on social media

00:14:26.320 and they're trading stocks.

00:14:28.080 So now everyone's like

00:14:28.940 acutely watching

00:14:30.300 these things

00:14:30.740 and paying attention.

00:14:32.100 She in

00:14:33.000 end of 2020,

00:14:36.860 2020,

00:14:39.520 right after Biden

00:14:40.260 got elected,

00:14:41.540 she went and bought

00:14:42.800 up to $5 million

00:14:43.500 of Tesla calls.

00:14:45.440 And I can go on forever

00:14:47.040 about the details

00:14:47.700 of these things.

00:14:48.520 She's not just buying stock.

00:14:50.460 Well,

00:14:50.640 her husband's not just buying.

00:14:51.680 She's buying these things

00:14:52.400 called leaps.

00:14:53.340 And what a leap is,

00:14:54.500 is a options contract

00:14:56.380 that allows you

00:14:57.160 to buy a stock

00:14:58.400 and be bullish

00:14:59.060 on a stock

00:14:59.720 at a much cheaper

00:15:01.000 cost basis.

00:15:02.800 So instead of you

00:15:03.460 needing $5 million

00:15:04.300 to buy,

00:15:05.400 you know,

00:15:06.180 X amount of

00:15:06.900 quote unquote risk

00:15:07.800 in a stock

00:15:08.400 for it to go up,

00:15:09.040 you can actually

00:15:10.060 take that $5 million

00:15:11.040 and buy a leap

00:15:12.220 and it gives you

00:15:13.180 a broader delta

00:15:14.240 so that you can

00:15:14.800 make more money.

00:15:15.780 Essentially higher risk,

00:15:16.940 high reward.

00:15:17.980 So she goes

00:15:18.840 and she's buying

00:15:19.460 these leaps.

00:15:19.960 She's not just

00:15:20.380 buying the stocks

00:15:20.980 in them.

00:15:21.960 She buys leaps

00:15:23.120 in Tesla

00:15:23.740 at the end of 2020.

00:15:26.620 Right after

00:15:27.380 Biden got elected.

00:15:28.460 2021 comes around,

00:15:30.600 or excuse me,

00:15:31.060 2019 into 2020

00:15:32.240 because that was

00:15:32.720 when Biden started.

00:15:33.780 There's so many dates.

00:15:34.420 But when Biden's

00:15:37.060 first few weeks

00:15:37.920 in office,

00:15:38.320 he introduces

00:15:39.180 the Build Back Better

00:15:40.200 1.3,

00:15:41.980 2.33,

00:15:42.780 whatever massive

00:15:43.900 infrastructure bill.

00:15:45.140 Do you remember

00:15:45.580 that one?

00:15:45.960 Very well.

00:15:46.600 Part of that bill

00:15:47.640 had tons of

00:15:48.640 not only subsidies

00:15:49.480 for the electric

00:15:50.540 vehicle industry,

00:15:51.880 but also money

00:15:53.160 to build out

00:15:54.360 and invest

00:15:55.080 for the charging ports

00:15:56.320 for electric vehicles

00:15:57.540 because, you know,

00:15:58.000 you can't just tell people

00:15:58.820 to go buy electric cars.

00:16:00.220 You need to have

00:16:00.980 the infrastructure.

00:16:01.800 Yeah.

00:16:01.900 So when you start

00:16:03.720 following the timeline

00:16:04.460 on it,

00:16:04.920 it's like,

00:16:05.180 okay,

00:16:06.320 Biden gets elected.

00:16:07.620 She buys up to

00:16:08.640 $5 million of leaps,

00:16:10.400 which are very risky,

00:16:11.540 in Tesla.

00:16:12.860 That agenda

00:16:13.900 then comes out.

00:16:15.680 The stock

00:16:16.140 flies 50%.

00:16:17.400 So it's

00:16:19.500 not like

00:16:20.760 she's actually,

00:16:21.640 you know,

00:16:22.040 buying things

00:16:22.820 that the public

00:16:23.800 wouldn't necessarily

00:16:24.420 know about,

00:16:25.040 but she's buying

00:16:25.780 things in a high-risky

00:16:27.180 way with a ton

00:16:28.540 of money

00:16:28.920 in ways that

00:16:30.220 the public now

00:16:31.200 is paying attention

00:16:31.900 to because,

00:16:33.180 you know,

00:16:33.380 everyone's trading stocks

00:16:34.300 and they're watching

00:16:34.840 Tesla,

00:16:35.460 Elon.

00:16:35.860 That was when

00:16:36.180 the thing started

00:16:36.660 blowing up.

00:16:37.660 And that was

00:16:38.060 the first trade

00:16:38.720 that probably,

00:16:39.280 like,

00:16:39.460 I think re-triggered

00:16:40.520 everyone's mind

00:16:41.240 into, like,

00:16:42.800 wait a second,

00:16:43.520 you know,

00:16:44.020 this may not be

00:16:44.860 the sketchiest trade

00:16:45.680 in the world

00:16:46.220 because those things

00:16:47.440 were still public,

00:16:48.040 but how are they

00:16:48.700 allowed to necessarily

00:16:49.700 do that?

00:16:50.640 How is Pelosi,

00:16:52.280 the third most

00:16:52.760 powerful person

00:16:53.520 in America,

00:16:54.820 you know,

00:16:55.020 President,

00:16:55.480 VP,

00:16:56.580 the House,

00:16:57.380 the head,

00:16:58.480 Speaker.

00:16:59.020 Speaker.

00:16:59.520 Yep.

00:16:59.740 They shouldn't

00:17:00.980 be allowed

00:17:01.280 to trade

00:17:01.800 stocks.

00:17:03.500 How is this

00:17:04.020 even,

00:17:04.520 like,

00:17:04.760 how are we

00:17:05.260 allowing that?

00:17:06.160 And I think,

00:17:06.620 like,

00:17:06.760 the culmination

00:17:07.540 of those

00:17:07.980 different intersections

00:17:08.720 is why this

00:17:09.740 started getting

00:17:10.340 big and why

00:17:11.220 people started

00:17:12.260 paying attention

00:17:12.880 specifically to

00:17:13.760 Pelosi.

00:17:14.340 How did she

00:17:14.740 do on those

00:17:15.280 leaps with

00:17:15.760 Tesla's?

00:17:16.320 So,

00:17:17.480 she was up

00:17:19.100 around 50%

00:17:19.900 and then she

00:17:20.480 sold a little

00:17:21.080 bit and then

00:17:21.920 it came back

00:17:22.520 down and then

00:17:23.320 she actually

00:17:23.780 just sold

00:17:24.500 those shares

00:17:25.160 because the

00:17:25.520 way that a

00:17:25.860 leap works

00:17:26.360 is if you're

00:17:27.560 buying a

00:17:28.140 contract and

00:17:28.940 that gives

00:17:29.340 you the

00:17:29.740 ability to

00:17:30.380 buy 100

00:17:31.520 shares of

00:17:32.200 that underlying

00:17:32.920 stock.

00:17:34.200 It's pretty

00:17:35.480 complex-ish.

00:17:36.600 But,

00:17:36.960 so,

00:17:37.860 when she

00:17:38.460 bought the

00:17:38.780 leaps a

00:17:39.120 year later,

00:17:39.680 she exercises

00:17:40.400 the right to

00:17:41.020 buy those

00:17:41.560 shares.

00:17:42.160 So,

00:17:42.340 now she

00:17:42.720 has,

00:17:43.460 I think it

00:17:43.800 was around

00:17:44.140 like 5,000

00:17:44.920 shares of

00:17:45.560 Tesla and

00:17:46.180 she's held

00:17:46.720 those all

00:17:47.740 up until

00:17:48.620 July of

00:17:49.660 2024,

00:17:50.360 this year

00:17:50.660 actually.

00:17:51.660 And she

00:17:52.820 sold them

00:17:53.140 too early.

00:17:53.860 She sold

00:17:54.200 them before

00:17:54.760 Trump got

00:17:55.620 re-elected

00:17:56.160 and the

00:17:56.400 thing started

00:17:56.840 flying.

00:17:57.540 But I

00:17:57.740 think she

00:17:58.080 was up

00:17:58.460 around 40

00:17:59.960 to 50%

00:18:00.720 in total

00:18:01.580 from that

00:18:03.000 Tesla trade.

00:18:04.020 Her best

00:18:04.480 ones are

00:18:04.800 NVIDIA.

00:18:05.500 NVIDIA is a

00:18:05.960 whole other

00:18:06.220 story for her.

00:18:07.640 But on that

00:18:08.380 Tesla one in

00:18:08.880 particular,

00:18:09.260 I think it

00:18:09.500 was like 40

00:18:09.940 to 50.

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00:21:20.360 What has she done on

00:21:21.080 Nvidia?

00:21:21.900 So Nvidia is the

00:21:23.340 second trade that got

00:21:24.920 the masses' attention.

00:21:26.120 For people to know,

00:21:26.800 tell us what Nvidia is.

00:21:27.940 Nvidia is a

00:21:28.520 semiconductor.

00:21:29.340 They're essentially the

00:21:30.180 most popular stock and

00:21:31.920 the best company.

00:21:32.940 I think they're worth

00:21:33.480 more than Apple now.

00:21:34.920 They're the most valuable

00:21:35.780 company in the world.

00:21:37.120 They sell the chips for

00:21:38.520 semis.

00:21:39.320 And like they have a

00:21:39.900 whole broader thing

00:21:40.720 beyond just that.

00:21:41.340 But essentially,

00:21:41.960 they're a semiconductor

00:21:42.460 company.

00:21:43.380 They buy and sell chips.

00:21:45.580 So in 2022,

00:21:47.320 that's when the

00:21:48.200 Chips Act,

00:21:48.940 if you remember this

00:21:49.780 $54 billion

00:21:50.740 chips bill

00:21:52.320 that Biden and

00:21:53.540 Pelosi pushed,

00:21:54.800 she bought,

00:21:55.960 and this is where

00:21:56.400 social media,

00:21:57.320 again,

00:21:57.660 why it's powerful.

00:21:58.560 And the pressure

00:21:59.160 started building up to

00:22:00.080 her at this point

00:22:00.960 because people were

00:22:01.780 following the trades.

00:22:02.940 The markets were

00:22:03.520 crushing it.

00:22:04.240 She was crushing it

00:22:05.180 in 2021.

00:22:06.040 when 2022 came

00:22:08.440 around,

00:22:09.220 the Chips Act

00:22:09.740 comes out,

00:22:10.420 $54 billion of

00:22:11.680 infrastructure for

00:22:12.960 chips and subsidies

00:22:14.000 for them.

00:22:14.920 She bought NVIDIA,

00:22:16.400 I think,

00:22:16.680 a couple months

00:22:17.220 before that.

00:22:17.940 Oh,

00:22:18.140 come on.

00:22:18.660 Yeah.

00:22:19.040 Yeah,

00:22:19.280 yeah.

00:22:19.500 It's the problem

00:22:21.280 with her is every

00:22:22.660 trade is suspicious.

00:22:24.120 There's never a

00:22:24.800 trade that you just

00:22:25.520 are like,

00:22:25.940 okay,

00:22:26.300 you know,

00:22:26.560 I could not,

00:22:27.360 and I'll get into

00:22:28.080 them without,

00:22:29.180 there's a couple

00:22:29.780 more I can get to.

00:22:30.740 But with that NVIDIA

00:22:31.480 trade in particular,

00:22:32.380 she bought it,

00:22:33.780 the Chips Act

00:22:34.320 comes out.

00:22:34.920 We start making

00:22:35.600 TikToks,

00:22:36.220 we start tweeting

00:22:36.820 about it,

00:22:37.760 and then everyone's

00:22:38.500 like,

00:22:38.660 what the fuck,

00:22:39.120 what's going on

00:22:39.680 with that?

00:22:40.540 She then sells it

00:22:42.160 for a loss

00:22:43.740 because the stock

00:22:44.980 was already coming

00:22:45.640 down.

00:22:46.020 This was when the

00:22:47.120 market started falling.

00:22:48.140 Yeah.

00:22:48.780 And she ended up

00:22:49.720 selling it for a

00:22:50.300 $300,000 loss.

00:22:51.360 She sold it all

00:22:52.140 because I think the

00:22:53.260 public was starting

00:22:53.840 to be like,

00:22:54.240 what the fuck?

00:22:55.620 How are you doing

00:22:56.520 this when we're

00:22:57.080 already calling you

00:22:57.800 out and you're

00:22:58.560 still continuing to

00:22:59.500 do it?

00:23:00.240 She sold those

00:23:01.140 things for a

00:23:01.640 $300,000 loss

00:23:02.580 and then she sold

00:23:04.140 her shares for a

00:23:04.760 $200,000 loss.

00:23:05.420 So she lost money

00:23:06.320 on that first

00:23:06.920 NVIDIA of time.

00:23:08.080 But the interesting

00:23:09.240 thing about that

00:23:10.060 is per these

00:23:11.580 filings and the

00:23:13.200 way that the

00:23:13.580 filings work is

00:23:14.480 the Stock Act

00:23:15.420 requires politicians

00:23:16.420 to disclose them,

00:23:18.720 their spouses,

00:23:19.700 and their dependents

00:23:20.520 of any trade

00:23:21.260 up to 45 days.

00:23:23.060 On that trade

00:23:24.240 in particular

00:23:24.720 is the only time

00:23:25.880 she's ever publicly

00:23:26.800 said her profit

00:23:27.720 and loss.

00:23:28.740 So never before,

00:23:30.640 never since then,

00:23:31.880 only in that filing

00:23:33.080 was when she said,

00:23:33.860 hey everyone,

00:23:35.140 I lost $250,000

00:23:36.660 in NVIDIA,

00:23:37.640 get off my back

00:23:38.420 kind of thing.

00:23:38.900 She's never done

00:23:39.560 that for when

00:23:40.440 she's profited.

00:23:41.240 She's only done

00:23:41.880 it when she's

00:23:42.300 lost.

00:23:44.060 Interesting.

00:23:44.760 Yeah,

00:23:45.060 there's so many

00:23:46.820 things with her.

00:23:47.640 The filings she

00:23:48.660 sends out are

00:23:49.560 always before

00:23:50.340 holidays.

00:23:53.040 So she's

00:23:54.240 notorious in our

00:23:55.540 community for

00:23:56.300 releasing reports

00:23:57.380 around Thanksgiving,

00:23:59.460 July 4th,

00:24:01.500 Christmas,

00:24:02.560 and I think

00:24:03.160 the argument is

00:24:04.080 because if you

00:24:04.620 put it on

00:24:05.080 December 23rd,

00:24:06.180 everyone's going

00:24:06.720 off to vacation.

00:24:07.620 Of course.

00:24:08.380 It gets lost.

00:24:09.640 It gets lost

00:24:10.200 in the media.

00:24:10.800 Drop bad news

00:24:11.360 on Fridays.

00:24:12.060 Exactly.

00:24:12.880 This year she

00:24:13.860 dropped it on

00:24:14.420 July 4th.

00:24:15.620 That was when

00:24:16.280 she dropped

00:24:16.680 all of these

00:24:17.160 previous trades.

00:24:17.760 Happy birthday,

00:24:18.460 America.

00:24:18.620 I know,

00:24:19.060 yeah.

00:24:20.660 So that NVIDIA

00:24:21.880 trade goes on.

00:24:22.580 She loses money.

00:24:23.620 The whole market

00:24:24.340 was doing bad

00:24:25.000 in that year.

00:24:25.880 So she

00:24:26.480 didn't do

00:24:26.940 too well

00:24:27.460 in that,

00:24:29.140 I think it

00:24:30.660 was 2022.

00:24:33.360 2023 comes

00:24:34.420 around,

00:24:34.780 the market

00:24:35.040 starts going

00:24:35.800 up again,

00:24:36.220 and we have

00:24:36.600 all this

00:24:36.900 information,

00:24:37.720 which I

00:24:38.140 could probably

00:24:38.460 get to,

00:24:39.260 but she

00:24:40.340 then rebuys

00:24:41.380 into NVIDIA

00:24:42.580 at the end

00:24:43.220 of 2022,

00:24:45.160 or at the

00:24:46.740 end of 2023,

00:24:47.560 excuse me,

00:24:48.040 in November.

00:24:48.800 She goes and

00:24:49.640 buys $5 million

00:24:50.300 worth of

00:24:51.020 LEAPS again.

00:24:52.420 Those LEAPS

00:24:53.360 then right

00:24:54.740 after she

00:24:55.240 buys,

00:24:55.880 there's no

00:24:56.620 laws or

00:24:58.960 anything that

00:24:59.300 comes up

00:24:59.660 after that.

00:25:00.340 It just

00:25:00.680 turns out

00:25:01.020 to be a

00:25:01.300 tremendously

00:25:01.940 well-timed

00:25:02.700 trade,

00:25:03.120 because from

00:25:03.580 there NVIDIA

00:25:04.160 goes up

00:25:05.320 160,

00:25:06.060 170%.

00:25:06.900 And on

00:25:07.780 that trade

00:25:08.240 in particular,

00:25:08.900 she then

00:25:09.240 bought a

00:25:09.720 little bit

00:25:10.100 more.

00:25:11.320 That $5 million,

00:25:12.820 and the

00:25:13.640 ranges are

00:25:14.240 hard,

00:25:14.900 because the

00:25:15.720 way that these

00:25:16.140 filings work

00:25:16.840 is they

00:25:17.420 have to

00:25:18.300 file from

00:25:19.180 $1K to

00:25:20.020 $15K is

00:25:21.480 one little

00:25:22.060 check,

00:25:22.920 $15K to

00:25:23.580 $50K,

00:25:24.300 $50K to

00:25:25.620 $100K,

00:25:26.400 $100K to

00:25:27.000 $250K,

00:25:28.140 $250K to

00:25:28.860 $500K,

00:25:29.540 $500K up.

00:25:31.300 So we're

00:25:31.700 going off of

00:25:32.200 the ranges,

00:25:32.640 so you don't

00:25:33.380 know the exact

00:25:33.920 amount that

00:25:34.480 she's buying,

00:25:35.920 but that

00:25:36.960 NVIDIA trade is

00:25:37.860 the best trade

00:25:38.380 she's ever made

00:25:39.000 that we've

00:25:39.360 followed in

00:25:40.520 recent memory.

00:25:41.720 And she's up

00:25:42.560 around like

00:25:42.920 140% on that

00:25:44.680 trade in

00:25:45.040 particular.

00:25:45.820 And this is

00:25:46.540 millions.

00:25:47.760 It's not like

00:25:48.520 it's, you

00:25:50.320 know,

00:25:50.580 $50K.

00:25:51.480 It's up to

00:25:52.520 $5 million.

00:25:53.080 That $5

00:25:53.780 million could

00:25:54.480 be worth

00:25:54.880 $7.5

00:25:55.820 million now.

00:25:57.000 And she's

00:25:57.600 just quiet

00:25:59.020 about it.

00:25:59.820 Doesn't say

00:26:00.200 anything when

00:26:00.600 we call her

00:26:00.960 out.

00:26:02.140 How long

00:26:02.320 have you been

00:26:02.600 doing this?

00:26:03.500 We've been

00:26:03.940 doing it since

00:26:04.620 2022.

00:26:05.600 So we've

00:26:06.120 tracked her

00:26:06.660 in particular.

00:26:07.280 And let me

00:26:07.620 be clear,

00:26:07.940 it's not just

00:26:08.300 her.

00:26:08.700 No, I

00:26:09.020 know.

00:26:09.400 I've got a

00:26:10.080 bunch of

00:26:10.480 questions for

00:26:11.000 you.

00:26:11.360 Crenshaw and

00:26:12.080 them.

00:26:12.540 But yeah,

00:26:12.800 we've been

00:26:13.080 tracking her

00:26:13.500 since 2021.

00:26:15.220 You know,

00:26:15.400 you look at,

00:26:16.040 if I look to

00:26:16.380 the Congress,

00:26:16.820 who are the

00:26:17.120 filthiest members

00:26:17.840 of Congress?

00:26:18.320 Well,

00:26:18.400 Dan Crenshaw

00:26:23.080 he's

00:26:26.680 interesting.

00:26:27.600 Hold on,

00:26:28.060 before we get

00:26:28.360 to that,

00:26:28.960 he's his

00:26:29.340 whole thing.

00:26:30.360 But I just

00:26:30.940 want to

00:26:31.260 close out

00:26:32.040 Pelosi for

00:26:32.380 a sec.

00:26:32.600 So you've

00:26:33.440 been doing

00:26:33.640 this for

00:26:33.940 two and a

00:26:34.300 half,

00:26:34.560 three years

00:26:34.940 on Pelosi.

00:26:35.720 Yep.

00:26:36.460 And gotten,

00:26:38.360 you said

00:26:38.680 you've never

00:26:38.920 done an

00:26:39.180 interview before,

00:26:39.760 which is

00:26:39.940 very weird.

00:26:40.420 No, no.

00:26:41.180 But a lot

00:26:41.620 of people I

00:26:42.100 know read

00:26:42.620 you, you

00:26:43.480 know, a lot.

00:26:44.800 So she's

00:26:45.400 gotten a lot

00:26:46.100 of scrutiny

00:26:46.440 because of

00:26:46.900 what you've

00:26:47.280 done.

00:26:47.720 Has her

00:26:48.200 office ever

00:26:48.600 reached out

00:26:48.980 to you in

00:26:49.300 any way?

00:26:49.620 No.

00:26:50.380 Office has

00:26:50.820 never reached

00:26:51.280 out.

00:26:51.620 And again,

00:26:52.840 like the

00:26:53.400 crazy thing

00:26:54.080 about this

00:26:54.700 stuff is we

00:26:56.660 took this

00:26:57.160 whole thing a

00:26:57.760 step further

00:26:58.220 by building

00:26:58.900 our app

00:26:59.640 Autopilot.

00:27:00.860 And Autopilot,

00:27:01.500 the way that it

00:27:02.100 works is you

00:27:02.860 literally can go

00:27:03.640 and invest

00:27:04.060 alongside these

00:27:04.740 politicians.

00:27:05.620 So it's one

00:27:06.500 thing to be

00:27:07.260 like, oh,

00:27:07.960 fuck you,

00:27:08.540 Pelosi, you

00:27:09.060 know, you're

00:27:09.460 trading in

00:27:09.880 front of us.

00:27:10.440 And then it's

00:27:11.040 like, oh,

00:27:11.900 wait a second,

00:27:12.400 you're crushing

00:27:12.880 it.

00:27:13.220 Like, whoa.

00:27:14.200 And now it's

00:27:15.200 like, now I can

00:27:16.400 invest alongside

00:27:17.160 them so I can

00:27:18.820 get in on the

00:27:19.400 action.

00:27:19.920 And I think

00:27:20.500 like allowing

00:27:20.960 people to get

00:27:21.600 their money

00:27:22.160 in makes the

00:27:23.780 whole thing

00:27:24.120 kind of just

00:27:24.580 more hypocritical

00:27:25.340 and funnier.

00:27:26.280 So Pelosi,

00:27:27.880 since we've

00:27:28.220 been tracking

00:27:28.560 her, is up

00:27:28.980 87%.

00:27:29.720 That's from,

00:27:30.440 I think,

00:27:30.600 around May

00:27:31.680 of 2021.

00:27:32.820 Outperforming

00:27:33.320 the spy by

00:27:33.860 50%.

00:27:34.660 In that time

00:27:36.480 period since

00:27:36.980 we've been

00:27:37.240 doing this

00:27:37.660 thing, we

00:27:38.840 now have

00:27:39.260 $300 million

00:27:40.000 literally

00:27:40.760 investing

00:27:41.240 alongside her.

00:27:42.480 People have

00:27:42.920 profited $30

00:27:43.740 million trading,

00:27:45.280 doing whatever

00:27:46.080 she does in

00:27:47.100 that time

00:27:47.560 period, give

00:27:48.440 or take.

00:27:49.320 And her

00:27:49.920 office has

00:27:51.100 never reached

00:27:51.580 out.

00:27:52.060 She's gone

00:27:52.480 on, you

00:27:53.180 know, been

00:27:53.460 questioned in

00:27:54.260 the press

00:27:55.200 conferences being

00:27:55.880 like, do you

00:27:56.800 think you and

00:27:57.380 members of

00:27:58.020 Congress should

00:27:58.480 be allowed to

00:27:58.920 trade stock?

00:27:59.480 And she's

00:27:59.780 like, yeah,

00:28:00.960 well, it's a

00:28:01.440 free economy.

00:28:02.340 Like, if it's a

00:28:03.200 free market, we

00:28:04.060 as citizens should

00:28:05.020 be able to trade.

00:28:05.820 But of course,

00:28:06.100 it's not a free

00:28:06.640 market.

00:28:07.060 And her example

00:28:07.900 shows you what a

00:28:08.480 rigged market it

00:28:09.240 is.

00:28:09.960 Yeah, of

00:28:10.680 course.

00:28:11.060 I mean, she's

00:28:11.660 so, yeah, she's

00:28:13.120 benefiting from

00:28:13.680 information that she

00:28:14.500 has because of

00:28:15.100 her position.

00:28:15.800 She's not allowed

00:28:16.260 to do that.

00:28:16.600 She does it

00:28:16.940 anyway.

00:28:17.440 It's a crime.

00:28:18.080 She should be

00:28:18.460 prosecuted.

00:28:19.760 It's certainly a

00:28:20.340 moral crime.

00:28:22.160 So give us some

00:28:23.660 perspective.

00:28:24.280 So she's up this

00:28:25.800 fantastic number

00:28:27.440 relative to, like,

00:28:29.820 average investors,

00:28:30.920 informed investors.

00:28:31.840 Like, how well is

00:28:32.580 she done?

00:28:33.100 Yeah.

00:28:33.860 So last year in

00:28:35.460 particular, and this

00:28:36.180 is probably, we, and

00:28:37.360 let me be clear.

00:28:37.920 So we're not

00:28:38.500 tracking, since it's

00:28:40.140 hard to know the

00:28:41.100 exact amount, and

00:28:42.160 it's hard to track

00:28:43.440 her actual trades.

00:28:44.560 So what we track

00:28:45.340 is the filings

00:28:46.280 of it, and

00:28:47.100 they're roughly

00:28:47.600 the same, because

00:28:48.240 they don't get

00:28:49.480 displayed or filed

00:28:51.780 too long after.

00:28:53.360 So in 2024, for

00:28:54.940 example, she was

00:28:55.700 up 54%.

00:28:56.540 The market was

00:28:57.780 up around, I

00:28:58.500 think, like, 26

00:28:59.200 or 27.

00:28:59.940 So she personally

00:29:01.040 outperformed the

00:29:02.560 stock market, you

00:29:03.540 know, the broader

00:29:04.260 S&P, by 20%,

00:29:05.980 25%.

00:29:06.820 We also have these

00:29:08.920 other trackers that

00:29:09.800 track the hedge

00:29:11.300 funds, and there

00:29:12.780 was a report from

00:29:13.560 Bloomberg where

00:29:14.440 she actually

00:29:15.060 outperformed, I

00:29:15.940 think, like, 95%

00:29:17.620 of professional

00:29:18.260 hedge fund

00:29:18.680 managers.

00:29:20.800 And when you

00:29:21.240 take a step, it's

00:29:22.000 like, what is

00:29:23.420 good, what, the

00:29:24.740 politicians, Unusual

00:29:26.580 Wells has a report

00:29:27.480 in 2024, and she

00:29:28.720 was only the

00:29:29.320 seventh best

00:29:29.960 trader.

00:29:30.640 There were

00:29:30.840 traders that

00:29:31.240 were better

00:29:31.520 than her.

00:29:32.360 The funny

00:29:32.660 thing, I was

00:29:33.140 talking about

00:29:33.360 this yesterday

00:29:33.780 with a buddy

00:29:34.220 of mine who's

00:29:34.580 in business, but

00:29:35.120 you often see

00:29:35.800 retired politicians

00:29:36.600 decide they're

00:29:37.260 going to go get

00:29:37.640 rich in business,

00:29:38.520 in finance, usually,

00:29:40.340 but, you know, in

00:29:41.140 some form of PE or

00:29:43.280 whatever, that they

00:29:44.200 think they're going

00:29:44.620 to be, and they

00:29:45.280 are all terrible.

00:29:46.580 Like, there's not

00:29:47.060 been, we're talking

00:29:47.460 about Pompeo thinks

00:29:48.460 he's going to get

00:29:48.940 rich, or Pompeo, and

00:29:49.780 like, no one wants

00:29:50.340 Pompeo because he's

00:29:50.860 like an idiot.

00:29:51.420 This is not his

00:29:52.280 area, and he's, well,

00:29:53.900 I should say he's not

00:29:54.460 an idiot, he's smart,

00:29:55.440 but he's not a business

00:29:57.380 guy, and politics and

00:29:58.720 business are very

00:29:59.260 different, so it's

00:30:00.940 especially striking to

00:30:02.800 see, this is the only

00:30:04.000 way politicians can

00:30:04.860 make money is through

00:30:05.540 insider trading.

00:30:06.360 Yeah.

00:30:07.020 I know.

00:30:07.460 Is that fair to

00:30:07.920 say?

00:30:08.400 Pretty much, yeah,

00:30:09.320 it's that or books.

00:30:10.480 Yeah, exactly.

00:30:11.900 It's a book, and

00:30:12.800 honestly, Netflix

00:30:14.060 specials now, yeah, the

00:30:15.760 Clintons with all that

00:30:16.680 stuff, but she, again,

00:30:19.180 is extreme because you

00:30:19.920 just trade so much.

00:30:21.160 The other politicians,

00:30:22.440 they're trading on

00:30:23.060 lower levels, but I

00:30:24.760 think, like, the bigger

00:30:25.980 thing that we're trying

00:30:26.860 to do with all this

00:30:28.060 stuff is, like, we

00:30:28.560 don't want them

00:30:29.160 trading.

00:30:29.900 Again, like, we think

00:30:30.900 that it's messed up, it

00:30:32.860 creates distrust in the

00:30:34.080 politicians.

00:30:34.800 Of course.

00:30:35.240 It's not like we

00:30:36.080 don't, me personally,

00:30:37.600 it's not like I am,

00:30:38.800 you know, saying, hey,

00:30:40.940 you guys can't do that

00:30:42.020 because you're getting

00:30:42.500 rich.

00:30:43.100 Like, obviously, that's

00:30:43.980 a piece of it, but

00:30:44.760 it's more of like, hey,

00:30:45.500 you guys can't do that

00:30:46.800 because the average

00:30:47.740 American can't do that,

00:30:49.180 and we're all just

00:30:49.940 looking at you guys.

00:30:50.940 Well, it also influences

00:30:52.020 their policy-making

00:30:53.040 behavior.

00:30:53.840 Yeah.

00:30:54.020 I mean, of course, it

00:30:55.300 sets up incentives that

00:30:56.920 you don't want to have

00:30:57.780 in your legislative

00:30:58.380 branch at all.

00:30:59.720 Yeah, and you know

00:31:00.680 the saying, like, show

00:31:02.440 me the incentive, I'll

00:31:03.200 show you the reward.

00:31:04.160 It's like.

00:31:04.320 That's exactly right.

00:31:05.380 You're gonna, the war

00:31:07.220 ones are crazy, too.

00:31:08.920 Like, there's so much

00:31:11.100 that you can get into.

00:31:11.960 I have trouble laughing

00:31:13.100 at that.

00:31:13.580 That actually makes me

00:31:14.740 feel like these people

00:31:15.380 are going to hell.

00:31:16.600 But I want to ask you

00:31:17.900 about that in two

00:31:18.340 seconds.

00:31:18.580 But first, you said

00:31:19.300 she's the seventh

00:31:20.060 most successful

00:31:21.640 congressional trader.

00:31:23.120 Who are the others?

00:31:23.500 In 2024.

00:31:24.380 So the other ones

00:31:25.400 off the top,

00:31:26.520 and this is all

00:31:27.060 unusual,

00:31:27.640 on unusual wheels,

00:31:28.680 is Twitter.

00:31:29.140 We work with him.

00:31:29.840 He actually took

00:31:30.700 some of the portfolios

00:31:31.760 and he put them

00:31:32.260 on our app.

00:31:32.880 So now people can go in

00:31:33.820 and they can trade

00:31:34.320 alongside not just

00:31:35.840 Pelosi, but other

00:31:36.520 ones, too.

00:31:38.140 David Rauser was the

00:31:39.340 top one.

00:31:40.180 And I think he made

00:31:41.740 a lot of money in

00:31:42.420 Nvidia.

00:31:43.460 He also owns some

00:31:44.600 other smaller ETFs.

00:31:46.000 So he wasn't,

00:31:46.700 he doesn't trade that

00:31:47.580 much.

00:31:47.980 So he,

00:31:48.660 these are stocks

00:31:49.600 that he's owned

00:31:50.060 for a while.

00:31:50.880 Yeah.

00:31:51.160 Debbie Wasserman Schultz,

00:31:53.080 she's now a two-time

00:31:54.540 top five political

00:31:56.320 stock trader.

00:31:58.120 Speaking of filthy.

00:31:59.560 Yeah.

00:31:59.980 Filthy.

00:32:00.600 She gets a,

00:32:02.440 we,

00:32:02.760 so we run the Pelosi

00:32:03.560 tracker and we also

00:32:04.340 have a politician

00:32:05.000 trade tracker on

00:32:06.140 Instagram and TikTok

00:32:07.200 that each have,

00:32:08.300 you know,

00:32:08.700 800,000.

00:32:09.760 On TikTok,

00:32:10.360 we have around

00:32:10.700 100,000 followers.

00:32:12.100 She gets,

00:32:12.700 people don't like

00:32:13.380 that woman.

00:32:14.840 Well,

00:32:14.980 nobody likes her.

00:32:15.700 Yeah.

00:32:16.120 So.

00:32:16.460 She was bounced out

00:32:17.140 of a leadership

00:32:17.860 position in the

00:32:18.600 Democratic Party

00:32:19.120 because people

00:32:19.520 disliked her so much

00:32:20.700 personally.

00:32:21.280 Yeah.

00:32:21.580 And she honestly

00:32:22.840 is one of the,

00:32:23.520 the five or six

00:32:24.560 that I personally

00:32:25.240 track,

00:32:25.940 like that I know

00:32:26.540 a decent amount

00:32:27.080 about because of

00:32:27.980 how many times

00:32:28.940 she has conflicts

00:32:29.700 of interest,

00:32:30.260 which,

00:32:30.640 what she trades.

00:32:31.720 For example,

00:32:32.440 she bought this

00:32:33.160 company called

00:32:33.580 Viasat.

00:32:34.680 And what Viasat

00:32:35.460 does is they're

00:32:36.580 a military contractor.

00:32:38.480 They're like a

00:32:38.940 Starlink.

00:32:39.780 Yeah.

00:32:40.300 Like Elon's thing.

00:32:41.280 But they do the

00:32:42.640 communications for

00:32:43.360 the military.

00:32:43.780 They get hundreds

00:32:44.940 of millions of

00:32:45.520 dollars of contracts

00:32:46.220 from,

00:32:46.900 you know,

00:32:47.320 this or that.

00:32:48.280 She sits on

00:32:49.560 the committee

00:32:51.180 that oversees

00:32:52.060 military construction.

00:32:53.440 And it's like,

00:32:54.800 I'm watching you

00:32:55.880 trade this stock,

00:32:57.620 you know,

00:32:57.880 even aside from

00:32:58.640 performance,

00:32:59.100 I'm watching you

00:32:59.740 buy and sell

00:33:00.220 a military

00:33:00.940 construction company

00:33:03.240 while sitting on

00:33:04.560 a committee that

00:33:05.160 oversees military

00:33:06.000 construction.

00:33:06.940 How is that

00:33:07.740 allowed?

00:33:08.440 I don't know.

00:33:09.620 Another one was,

00:33:10.400 she bought a mining

00:33:11.100 company called

00:33:11.620 Helka Mining

00:33:12.380 with ticker symbol

00:33:13.460 HL.

00:33:14.660 That stock

00:33:15.560 has been fluctuating

00:33:17.140 here and there.

00:33:17.780 And I think she

00:33:18.260 is up around 15%

00:33:19.340 on it.

00:33:20.860 She sits on

00:33:21.920 the energy,

00:33:22.800 one of the energy

00:33:23.440 resources committees.

00:33:25.080 And it's like,

00:33:26.080 what are we doing?

00:33:28.280 You know,

00:33:28.600 how do they allow it?

00:33:29.580 What are we doing?

00:33:30.300 Well,

00:33:30.520 we're watching

00:33:31.360 corruption happen

00:33:32.480 and it's destroying

00:33:34.700 any confidence people

00:33:35.680 have in their

00:33:36.120 government.

00:33:36.720 It's priming the

00:33:38.180 country for some

00:33:38.820 kind of revolution,

00:33:39.740 hopefully a peaceful

00:33:40.420 one,

00:33:40.800 but a revolution

00:33:41.460 anyway.

00:33:42.100 This can't continue

00:33:43.540 in a democracy.

00:33:45.140 So,

00:33:45.280 tell us about

00:33:47.540 my all-time

00:33:49.520 favorite member

00:33:50.040 of Congress,

00:33:50.520 Dan Crenshaw.

00:33:51.300 Yeah,

00:33:51.580 yeah,

00:33:51.820 yeah.

00:33:52.040 So,

00:33:53.620 he's a tough one.

00:33:55.000 He's a hothead

00:33:56.000 on Twitter.

00:33:56.940 He's out of control.

00:33:57.800 Yeah,

00:33:58.040 I don't understand

00:33:59.020 why he's taking

00:33:59.760 this stance

00:34:00.740 a little bit.

00:34:01.460 Because I think

00:34:01.800 his personal life

00:34:02.700 is out of control.

00:34:03.620 Yeah,

00:34:03.900 because he used

00:34:04.440 to be like

00:34:04.840 a right-wing darling.

00:34:06.520 Like,

00:34:06.640 he was,

00:34:07.120 you know,

00:34:07.480 with the Navy SEALs,

00:34:08.480 I think,

00:34:08.680 early,

00:34:09.020 early on.

00:34:09.780 Not with me.

00:34:10.580 I always thought

00:34:11.340 he was a freak

00:34:11.960 and a warmonger.

00:34:12.800 Really?

00:34:13.300 Weirdo,

00:34:13.800 yeah.

00:34:14.160 He's a freak

00:34:14.740 and a warmonger.

00:34:15.760 He's showing it now.

00:34:17.320 Did you see

00:34:17.960 the Free Press

00:34:18.600 he did

00:34:19.280 where we posted this?

00:34:21.320 He essentially

00:34:21.820 comes out

00:34:22.300 and he's like

00:34:22.760 supporting

00:34:24.340 politicals,

00:34:25.540 politician stock trading.

00:34:26.980 He's like,

00:34:27.300 if you get rid of it,

00:34:28.280 you're going to get

00:34:28.920 crappy politicians.

00:34:30.800 And it's like,

00:34:31.380 what are you talking about?

00:34:32.980 You know,

00:34:33.320 like,

00:34:33.540 we're not asking you guys

00:34:34.600 to not get paid.

00:34:36.460 If you don't allow

00:34:37.380 the police

00:34:38.080 to shake down

00:34:39.000 speeders at gunpoint,

00:34:40.260 you're going to get

00:34:40.620 a worse kind of cop.

00:34:41.980 Exactly.

00:34:42.580 Yeah.

00:34:43.060 It's crazy.

00:34:43.940 It's,

00:34:44.380 it's,

00:34:44.920 yeah,

00:34:45.080 so he had a fiery one

00:34:46.680 with the Free Press

00:34:48.380 probably about like

00:34:49.520 two months ago,

00:34:50.340 right before Thanksgiving.

00:34:51.220 I saw that.

00:34:52.300 His portfolio,

00:34:53.440 though,

00:34:53.560 in particular,

00:34:54.240 he's up around

00:34:55.020 like 48 to 50 percent.

00:34:56.660 And all of this,

00:34:57.840 you know,

00:34:58.020 I've got to say this

00:34:58.440 for compliance reasons,

00:34:59.280 like you can see

00:34:59.780 all this on our app,

00:35:00.760 you know,

00:35:00.980 it's all right there.

00:35:01.740 So I may kind of be,

00:35:03.380 depending on the day,

00:35:04.040 but he outperformed

00:35:05.600 the market.

00:35:06.180 He was right below Pelosi.

00:35:08.180 The stocks.

00:35:08.960 He's an idiot,

00:35:09.680 though.

00:35:10.020 I mean,

00:35:10.240 with no business background

00:35:11.700 that I'm aware of.

00:35:12.520 So like,

00:35:13.020 how would you do that?

00:35:14.180 His stocks,

00:35:15.060 the one that in particular

00:35:16.320 that really frustrated me

00:35:17.780 about him

00:35:18.360 was Meta.

00:35:20.460 So he,

00:35:21.240 the stocks that he's buying

00:35:22.500 is his portfolio

00:35:23.420 is comprised of Meta,

00:35:24.540 which he's crushing it

00:35:25.660 up like 200 percent.

00:35:26.920 He bought the dip perfectly

00:35:28.040 back in 2022,

00:35:29.260 I believe,

00:35:29.900 like pretty much perfectly.

00:35:31.640 The thing started flying.

00:35:34.040 He bought Amazon.

00:35:35.880 He bought FAS,

00:35:37.140 which is like a finance ETF.

00:35:40.340 He bought the spy

00:35:41.080 and then he bought

00:35:41.660 Wynn Resorts

00:35:42.420 and then he bought

00:35:43.200 some other company.

00:35:44.420 The stock,

00:35:47.280 though,

00:35:47.380 that crushed it for him

00:35:48.200 was Meta.

00:35:49.100 And the part

00:35:50.480 that I get annoyed about,

00:35:51.740 you know,

00:35:51.920 aside from TikTok bans,

00:35:53.320 this and that,

00:35:54.400 you can't,

00:35:55.160 he buys the stock

00:35:57.300 a couple months later,

00:35:58.980 starts pushing

00:36:00.260 and publicly vocalizing,

00:36:01.800 like,

00:36:01.920 hey, everyone,

00:36:02.380 we should ban TikTok.

00:36:04.040 You know,

00:36:04.580 and it's like

00:36:05.160 pretty convenient to say

00:36:07.100 when you own

00:36:07.940 TikTok's main competitor

00:36:10.140 and every time

00:36:11.000 you're saying that,

00:36:11.760 the stock's going up 5%.

00:36:13.140 He then goes off

00:36:15.620 and starts asking

00:36:16.740 for the ban on,

00:36:17.740 and again,

00:36:18.120 like,

00:36:18.280 I feel like I'm pretty

00:36:19.500 pro-ban TikTok,

00:36:20.840 so there's a whole world

00:36:22.260 with that.

00:36:23.060 But he then goes off

00:36:24.980 and votes against the bill

00:36:26.160 to ban TikTok.

00:36:27.220 So now you got a politician

00:36:28.400 that is buying

00:36:29.400 TikTok's main competitor,

00:36:31.100 Meta.

00:36:31.920 You're then publicly

00:36:32.700 talking about

00:36:33.640 how you want to ban it

00:36:35.320 from government officials' phones

00:36:37.820 to then voting on the bill

00:36:40.020 to ban TikTok

00:36:40.820 all while the stock

00:36:42.200 has gone up 200%

00:36:43.440 while you've owned it.

00:36:45.880 This is like,

00:36:46.800 you're shocking me.

00:36:47.680 Yeah.

00:36:48.900 I'm numb to it.

00:36:50.060 And when he gets

00:36:51.140 called out on it,

00:36:52.580 and this is one of the reasons

00:36:53.660 I dislike him,

00:36:54.500 and I do think

00:36:55.140 that there's a lot wrong

00:36:56.780 with him personally,

00:36:57.560 so I do feel sorry for him.

00:36:59.420 A lot wrong.

00:37:00.600 I mean,

00:37:00.740 I know that.

00:37:01.300 But anyway,

00:37:01.980 leaving that aside,

00:37:03.220 the reason I don't like him

00:37:04.420 is because he's self-righteous.

00:37:07.120 Yeah.

00:37:07.440 If I catch you shoplifting

00:37:08.840 and then you punch me

00:37:09.640 in the face

00:37:10.040 and scream how you're

00:37:10.780 being victimized,

00:37:11.580 I can't deal with that.

00:37:12.520 Just admit you're shoplifting.

00:37:13.940 Say sorry,

00:37:14.520 and I'll prove you

00:37:15.200 and move on.

00:37:16.000 But don't yell at me.

00:37:17.120 Yeah.

00:37:17.540 Or even just help

00:37:18.440 the conversation.

00:37:19.180 Be like,

00:37:19.440 yeah,

00:37:19.780 I mean,

00:37:20.140 if you guys are allowing us,

00:37:21.960 like,

00:37:22.160 I'll vote on it,

00:37:23.360 this and that,

00:37:24.120 like,

00:37:24.600 just be open

00:37:25.320 and be transparent about it.

00:37:26.500 Yes.

00:37:26.680 You don't have to attack

00:37:28.660 and,

00:37:28.960 you know,

00:37:29.200 gaslight the American people.

00:37:29.860 No,

00:37:30.060 that's exactly right.

00:37:31.080 That's exactly right.

00:37:32.100 And boy,

00:37:32.540 is he a specialist

00:37:33.280 in that area.

00:37:34.160 Yeah.

00:37:34.500 Yeah,

00:37:34.900 the free press one,

00:37:35.980 I'll send it to you after.

00:37:37.380 I've seen it.

00:37:37.980 Yeah,

00:37:38.160 that one gets my blood boiling

00:37:41.180 because it's like,

00:37:42.800 what frustrates me

00:37:43.820 about this stuff

00:37:44.380 is you can't sit

00:37:45.360 on the committee.

00:37:45.940 You can't be voting

00:37:46.920 on these things.

00:37:47.620 You can't be doing

00:37:48.740 all this stuff

00:37:49.340 in front of the American public.

00:37:50.760 Meanwhile,

00:37:52.080 you know,

00:37:52.380 I have a friend

00:37:53.040 that is a consultant

00:37:54.080 at EY

00:37:54.940 or Deloitte.

00:37:57.160 He can't trade

00:37:58.280 individual stocks.

00:37:59.260 I got friends in banking

00:38:00.280 that can't trade

00:38:01.140 individual stocks.

00:38:02.160 It's like,

00:38:02.560 why can you not let

00:38:04.240 the low-level analysts,

00:38:05.760 the JP Morgan,

00:38:06.580 buy,

00:38:07.280 you know,

00:38:08.380 Apple?

00:38:09.300 Yeah.

00:38:09.540 Meanwhile,

00:38:10.100 you got these politicians

00:38:11.080 buying up

00:38:11.900 this $500 million

00:38:13.380 military construction company

00:38:15.320 all right in front of us.

00:38:16.860 I know the answer.

00:38:17.620 You want to hear the answer?

00:38:18.400 Because after the financial crisis

00:38:20.000 that Congress

00:38:21.380 helped cause,

00:38:23.160 Congress runs in

00:38:25.220 with Dodd-Frank,

00:38:26.840 you know,

00:38:27.680 Chris Dodd

00:38:28.140 and Barney Frank,

00:38:28.960 member of the Senate,

00:38:29.540 member of the House,

00:38:29.980 both Democrats,

00:38:30.680 and they come up

00:38:31.900 with all these regulations

00:38:32.760 that are supposedly

00:38:33.520 going to protect America

00:38:34.580 from future disasters

00:38:36.300 of this kind,

00:38:37.120 and they,

00:38:38.880 you know,

00:38:39.700 pass these so-called reforms,

00:38:41.440 destroy the banking sector,

00:38:42.560 really,

00:38:43.040 don't make it less corrupt,

00:38:44.540 just kind of wreck it,

00:38:46.000 take all the innovation

00:38:46.700 out of it,

00:38:47.260 and then they don't apply

00:38:48.860 those same standards

00:38:49.540 themselves.

00:38:50.560 Right?

00:38:50.880 I mean,

00:38:51.020 that's kind of the short.

00:38:51.680 Rules for thee,

00:38:52.200 not for me.

00:38:52.580 Is that a fair?

00:38:53.400 Yeah,

00:38:53.740 100%.

00:38:54.300 And what's,

00:38:55.740 the history of the Stock Act

00:38:57.420 that started

00:38:57.900 because of the housing crisis.

00:39:00.260 Yeah.

00:39:00.560 So it was initially introduced

00:39:02.280 in 2006,

00:39:03.520 and the Stock Act literally,

00:39:05.580 what it says is,

00:39:07.640 stop,

00:39:08.880 whatever,

00:39:10.240 stop trading on

00:39:11.640 congressional knowledge.

00:39:13.240 That's what it means.

00:39:14.560 So if you have a bill

00:39:15.640 that literally says

00:39:16.360 stop trading on

00:39:17.240 congressional knowledge

00:39:18.260 as the name

00:39:19.460 of the act,

00:39:20.840 you know that there's

00:39:21.620 something already

00:39:22.180 sketchy going on,

00:39:23.080 and why was that

00:39:23.680 not a thing to begin with?

00:39:25.620 And so what happened to it?

00:39:26.880 So in 2006,

00:39:27.980 it got introduced.

00:39:28.900 No politicians cared about it.

00:39:30.600 You know,

00:39:31.180 whatever.

00:39:32.080 After the housing crisis,

00:39:33.460 they found out

00:39:34.400 and they realized

00:39:34.940 that there were around

00:39:35.500 33 politicians

00:39:36.860 that set their portfolios up

00:39:39.380 after talking with

00:39:40.320 the officials at the Fed

00:39:41.700 and, you know,

00:39:42.400 the people building up

00:39:43.400 the military policy.

00:39:44.340 they reconstructed

00:39:45.180 their portfolios

00:39:46.040 while that whole crisis

00:39:47.400 was going on.

00:39:48.400 They didn't have to display

00:39:49.620 or publicly talk about it

00:39:50.840 because the Stock Act

00:39:51.560 wasn't announced.

00:39:52.720 All that stuff came out

00:39:53.740 after that,

00:39:54.440 like,

00:39:54.680 oh,

00:39:54.980 while the housing market

00:39:56.280 is crashing

00:39:56.840 and Americans are losing

00:39:57.760 their homes left and right,

00:39:59.200 these politicians

00:39:59.920 are moving millions

00:40:01.060 reconstructing their portfolios

00:40:03.060 after getting out of the meetings

00:40:04.760 with the Fed officials.

00:40:05.900 So that's how it came back

00:40:07.540 onto the center stage.

00:40:09.420 The Stock Act then gets introduced

00:40:10.980 in 2012

00:40:11.720 and then it gets passed

00:40:13.540 shortly after that.

00:40:15.380 What is crazy in my head,

00:40:17.500 though,

00:40:17.660 is, like,

00:40:18.000 what the heck was going on

00:40:19.080 before it?

00:40:19.960 Yeah.

00:40:20.320 Like,

00:40:20.840 what do,

00:40:21.940 that,

00:40:22.400 I think,

00:40:22.660 was we were talking off camera,

00:40:23.660 like,

00:40:23.900 our generation,

00:40:24.740 we grow up with it

00:40:25.660 and we're used to it now

00:40:27.000 because of things like that.

00:40:29.440 It's like,

00:40:29.880 how can they have not had

00:40:31.980 any limitations

00:40:33.620 before 2012?

00:40:34.980 What were they doing?

00:40:35.680 You know,

00:40:37.540 I can't answer your question.

00:40:39.920 Clearly,

00:40:40.400 it's been very corrupt

00:40:41.340 for a long time.

00:40:42.120 Well,

00:40:42.160 they murdered the president

00:40:43.920 of the United States in 1963

00:40:45.220 and no one was ever

00:40:46.060 held accountable for it.

00:40:47.400 So,

00:40:48.360 you know,

00:40:48.620 looking back,

00:40:49.200 you can say,

00:40:49.740 boy,

00:40:49.960 we've had big problems

00:40:51.140 for a long time,

00:40:51.900 but I can tell you

00:40:52.560 as someone who grew up

00:40:53.060 right in the middle of it

00:40:54.360 in D.C.,

00:40:54.920 in Georgetown,

00:40:56.060 all this stuff was going on.

00:40:57.240 Like,

00:40:57.840 when,

00:40:58.100 when,

00:40:59.000 that COVID,

00:41:01.520 those COVID trades,

00:41:02.400 you started our conversation

00:41:03.640 by describing,

00:41:04.340 Kelly Loeffler was involved

00:41:05.400 in that,

00:41:05.900 and all this stuff.

00:41:07.340 I was like,

00:41:07.940 part of me,

00:41:08.640 I think I was the only

00:41:09.400 person at Fox News

00:41:10.300 who did anything on it

00:41:11.180 because it was a great story.

00:41:13.040 But even as I was doing

00:41:14.280 the story,

00:41:14.680 I was like,

00:41:15.040 this can't,

00:41:15.420 there's got to be

00:41:16.020 another explanation.

00:41:16.620 This can't be real.

00:41:18.320 Trading on a pandemic?

00:41:19.820 Yeah.

00:41:20.560 Insider trading

00:41:21.340 on a pandemic.

00:41:22.140 Like,

00:41:22.280 I was like,

00:41:22.820 you'd have to be a monster

00:41:23.700 to do that.

00:41:24.160 Like,

00:41:24.280 this can't actually have happened.

00:41:26.000 That was me

00:41:26.900 with the Pelosi tracker

00:41:29.240 every day in the early days.

00:41:30.600 I'm just,

00:41:31.540 I remember a couple

00:41:32.820 of these trades,

00:41:34.060 and there's so many now,

00:41:35.420 but I remember calling

00:41:36.220 my dad up,

00:41:36.940 and I'm like,

00:41:38.360 wait a second,

00:41:39.440 like,

00:41:39.620 is this actually,

00:41:40.520 like,

00:41:40.720 are they actually trading?

00:41:42.080 It's not just,

00:41:43.160 Mike McCall,

00:41:44.040 I can't remember

00:41:44.680 the specific trades.

00:41:45.840 I think it was him,

00:41:46.440 but no one,

00:41:47.840 here I'm talking about

00:41:49.480 poor Dan Crenshaw,

00:41:50.480 who's just like,

00:41:51.020 totally unbalanced.

00:41:52.540 That won't end well,

00:41:53.300 but Mike McCall is like,

00:41:54.660 now we're getting

00:41:55.140 really sinister.

00:41:56.400 Yeah,

00:41:56.820 yeah,

00:41:57.160 he,

00:41:57.920 I'm trying to remember

00:41:58.560 the trades,

00:41:58.980 because he sits on the,

00:42:00.620 he sits on a lot

00:42:01.740 of the intelligence committees,

00:42:02.960 or not the intelligence,

00:42:03.620 a lot of the big committees,

00:42:05.760 and he's trading millions,

00:42:07.260 but it's not just,

00:42:07.880 Mike McCall?

00:42:08.760 Yeah,

00:42:08.900 I think so.

00:42:09.620 I think so.

00:42:10.460 He's in particular,

00:42:11.420 because he's really hard to track.

00:42:12.720 We know this in the world

00:42:13.680 of the us,

00:42:15.320 Quiver Quant,

00:42:15.860 and Usual Whales,

00:42:16.440 we're the ones that do this.

00:42:17.680 He manually fills out

00:42:19.760 the filings by hand,

00:42:21.320 so his trades

00:42:22.540 don't get picked up

00:42:23.720 by the majority of,

00:42:25.660 I'm 99% sure,

00:42:26.800 I can confirm that,

00:42:27.600 but yeah.

00:42:28.320 He,

00:42:29.100 and his trades,

00:42:31.300 I think are weird,

00:42:32.420 because it's him,

00:42:33.600 it's the,

00:42:34.740 the dependent

00:42:35.460 and the spouse.

00:42:36.760 The trades,

00:42:37.620 they come in

00:42:38.100 kind of as the same.

00:42:39.640 So,

00:42:39.940 there's an argument

00:42:40.600 that maybe Mike McCall's

00:42:42.120 trades are

00:42:42.960 from a,

00:42:44.600 from a financial advisor,

00:42:46.700 but,

00:42:47.100 if he can tell us,

00:42:49.740 you know,

00:42:50.080 we,

00:42:50.220 we tag him on Twitter.

00:42:51.580 It's like,

00:42:51.920 you guys can just tell us

00:42:52.860 what's going on with it.

00:42:53.680 He doesn't care.

00:42:54.360 A couple of years ago,

00:42:55.360 somebody said,

00:42:56.120 I was talking to Mike McCall

00:42:57.020 and he described you

00:42:57.680 as a Russian agent.

00:42:58.900 Really?

00:42:59.340 Oh,

00:42:59.520 so he's,

00:42:59.840 he's one of these guys.

00:43:01.180 So,

00:43:01.500 I called Mike McCall

00:43:02.180 and I said,

00:43:03.080 listen bitch,

00:43:03.600 can I call you bitch?

00:43:05.000 I,

00:43:05.360 you,

00:43:06.280 I think I said exactly that.

00:43:07.360 You told someone

00:43:07.820 I was a Russian agent?

00:43:09.080 You know,

00:43:09.300 like I'm from this country,

00:43:10.400 I feel like I'm pretty patriotic.

00:43:11.720 Mm-hmm.

00:43:12.840 And,

00:43:13.240 uh,

00:43:13.560 did you say that?

00:43:14.420 And he said,

00:43:15.120 yeah,

00:43:15.200 I did say that

00:43:15.900 because the intel briefers

00:43:17.500 told me that.

00:43:18.700 And I said,

00:43:19.220 how old are you,

00:43:19.900 son?

00:43:20.440 I think he's older than I am.

00:43:21.440 You believe you're intel briefers?

00:43:23.040 Yeah.

00:43:23.260 And he said,

00:43:25.220 yeah,

00:43:25.340 I do.

00:43:26.500 I gotta give him credit to me.

00:43:27.460 He took my call

00:43:28.020 and,

00:43:28.300 and the whole thing,

00:43:28.980 but I was like,

00:43:29.600 this guy is the most controlled,

00:43:31.800 Yeah.

00:43:32.420 Scary,

00:43:33.480 stupid,

00:43:34.060 but also scary person

00:43:35.300 I think I've ever dealt with

00:43:36.180 in Congress.

00:43:36.740 Really?

00:43:36.920 Ever.

00:43:37.220 So I guess I'm not

00:43:37.900 that surprised

00:43:39.200 that he's,

00:43:39.980 what is it with Texas Republicans anyway?

00:43:41.860 Uh,

00:43:42.200 I don't know.

00:43:43.060 I don't know.

00:43:43.600 A lot of them.

00:43:44.380 I mean,

00:43:44.900 you go a little bit north to Oklahoma

00:43:46.680 and,

00:43:47.040 uh,

00:43:47.400 Mark Wayne Mullin's an interesting one too.

00:43:49.260 What do you feel like?

00:43:49.720 I don't,

00:43:50.040 I don't know too much about his,

00:43:51.800 um,

00:43:52.020 he's a fiery guy too.

00:43:53.880 Uh,

00:43:54.080 yeah,

00:43:54.280 he was threatened to beat somebody up.

00:43:55.980 Yeah,

00:43:56.000 he was,

00:43:56.340 uh,

00:43:56.660 the Teamsters,

00:43:57.780 the Teamsters president.

00:43:59.000 Yeah.

00:43:59.280 Yeah.

00:43:59.560 Yeah.

00:43:59.740 During that.

00:44:00.280 Yeah.

00:44:00.400 We built a whole,

00:44:01.380 I have a whole thing.

00:44:02.420 I like Sean O'Brien for the record.

00:44:03.560 Really?

00:44:03.940 Yeah.

00:44:04.300 Good guy.

00:44:04.620 I don't,

00:44:05.060 so that's what's,

00:44:06.340 the thing that's interesting about me,

00:44:07.760 again,

00:44:07.980 from my background is,

00:44:08.640 I don't know anything about these policies.

00:44:09.980 I'm not like a political person.

00:44:11.340 I call out,

00:44:12.120 we call out the politicians,

00:44:13.420 the Democrats,

00:44:14.080 like the New York Times came out with a report in 2022

00:44:16.560 that said that 180 politicians

00:44:20.100 traded over 37,

00:44:21.860 700 times that totaled over 110,

00:44:24.640 115 million dollars of volume in,

00:44:27.400 uh,

00:44:27.720 from 2019 to 2021.

00:44:30.000 Out of those,

00:44:31.180 it was literally half,

00:44:32.300 pretty much half Democrats,

00:44:33.500 half Republicans.

00:44:34.340 So they're all doing it.

00:44:35.440 Oh,

00:44:35.640 of course.

00:44:35.960 Out of those 180 politicians,

00:44:37.480 though,

00:44:37.640 90 of them sat on committees

00:44:39.220 that directly oversaw companies that they traded.

00:44:42.900 And you're like,

00:44:44.420 okay,

00:44:44.800 well,

00:44:45.080 so that sounds like a conflict of interest.

00:44:46.560 And then that's what sparked me to get really into this

00:44:49.720 and being like,

00:44:50.360 what actually are the trades that are going on?

00:44:52.040 Are they outperforming?

00:44:53.240 Why are these random companies being bought?

00:44:55.500 And Mike McCullough in particular,

00:44:56.560 he checks this kind of box a lot.

00:45:00.480 He,

00:45:00.760 for example,

00:45:01.100 bought this stock in a company called Badger Meters

00:45:03.340 earlier this year.

00:45:04.560 Badger Meters does a water meter solutions.

00:45:07.480 Don't know much about it.

00:45:08.380 It's just a freaking water meters,

00:45:09.620 2 billion,

00:45:10.140 $3 billion company.

00:45:11.480 Turns out that the EPA,

00:45:13.180 a couple months to his,

00:45:14.720 to be fair,

00:45:15.260 before he bought,

00:45:17.100 signed a mandate saying that all these water systems

00:45:19.800 have to upgrade their technology.

00:45:22.260 Beneficial for Badger Meters,

00:45:23.520 stock goes up.

00:45:25.000 You then do some further digging

00:45:26.280 and then you realize that Tulsa,

00:45:28.580 Oklahoma passed a $94 million bill

00:45:32.640 to upgrade their own water meter systems

00:45:35.020 right around the time that Mark Wayne Mullen

00:45:37.180 bought Badger Meters.

00:45:40.840 Oklahoma,

00:45:41.620 Tulsa,

00:45:41.940 Oklahoma is the state that Mark Wayne Mullen represents.

00:45:45.560 He's the senator of it.

00:45:46.840 So then you're like,

00:45:48.680 EPA passes thing,

00:45:50.440 passes the requirement to upgrade the water system.

00:45:54.280 Senator buys stock.

00:45:56.660 Senator's home state

00:45:59.180 gives $100 million to upgrade water meter systems.

00:46:04.320 Pro for Badger Meters,

00:46:05.440 stock is up 50%.

00:46:06.540 I think he's up like 48% on that.

00:46:08.960 Badger Meters,

00:46:09.720 am I,

00:46:10.120 I mean,

00:46:10.440 I'm not an investor,

00:46:11.380 so,

00:46:11.660 but I've never heard of Badger Meters.

00:46:12.900 Neither have I.

00:46:13.580 Okay,

00:46:14.060 good,

00:46:14.660 I feel better.

00:46:15.340 Yeah,

00:46:15.640 yeah,

00:46:15.720 yeah.

00:46:15.940 So you have two prominent politicians

00:46:18.800 in the Congress

00:46:19.440 buying Badger Meters

00:46:20.280 in the same period.

00:46:21.300 Just him.

00:46:22.740 Oh,

00:46:22.920 this is just Mark Wayne Mullen.

00:46:23.580 This is just Mark Wayne Mullen,

00:46:24.700 yeah.

00:46:25.120 And that's,

00:46:25.840 no other politicians are buying,

00:46:27.220 I've never heard of Badger Meters.

00:46:28.740 I don't know anything about the company.

00:46:30.500 But when you,

00:46:31.580 when you start just connecting all the dots,

00:46:34.480 there's just too many

00:46:35.620 hip,

00:46:36.920 like controversial eyebrow raising,

00:46:39.640 like,

00:46:39.860 oh,

00:46:40.060 wait,

00:46:40.880 the state that you represent

00:46:42.940 just put $100 million

00:46:44.540 to upgrade their water systems.

00:46:46.520 Oh,

00:46:46.720 wait,

00:46:46.920 you just bought the company

00:46:47.860 that specializes in upgrading water systems.

00:46:51.140 Oh,

00:46:51.380 wait,

00:46:51.580 now the stock has been crushing on earnings

00:46:54.080 and you're still owning it.

00:46:55.040 It's up 40%.

00:46:55.840 He sold it earlier this year.

00:46:57.680 He held it for probably like,

00:46:58.860 I think like eight months,

00:47:00.060 but I think he made like 50%,

00:47:01.480 40 to 50% on that stock.

00:47:03.100 And again,

00:47:04.120 this isn't an Apple,

00:47:05.740 you know,

00:47:05.940 this isn't a Google,

00:47:07.000 this isn't an NVIDIA,

00:47:08.460 this is a water company.

00:47:11.340 That's this type of stuff that we see.

00:47:13.160 And you don't think it's possible

00:47:14.060 he was taking tips from Jim Cramer on CNBC?

00:47:16.060 No,

00:47:16.460 no,

00:47:16.780 funny enough,

00:47:17.380 we have an inverse Cramer portfolio.

00:47:19.520 Yeah,

00:47:19.960 yeah,

00:47:20.100 yeah.

00:47:20.500 So the people who built this country

00:47:21.700 built it because they wanted freedom.

00:47:23.000 One word,

00:47:23.460 freedom.

00:47:23.880 They wanted freedom from oppressors

00:47:25.200 who forced them to buy overpriced tea,

00:47:27.940 then blockaded them

00:47:28.860 when they tried to dump it into the ocean.

00:47:30.460 How'd that work out?

00:47:31.160 Well,

00:47:31.280 we built America in response.

00:47:33.900 So it's time to throw your big overpriced

00:47:35.820 wireless contract overboard to a new tea party.

00:47:38.700 You don't have to pay $100 a month

00:47:40.940 just to use a phone.

00:47:42.280 Most people don't use that much in services,

00:47:44.700 but they pay it anyway.

00:47:46.660 Our cell phone company,

00:47:47.700 Pure Talk,

00:47:48.120 says no to those prices.

00:47:49.940 With a qualifying plan,

00:47:51.200 you can choose an iPhone 14

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00:48:09.440 zero dollars,

00:48:10.020 with a qualifying plan.

00:48:11.320 Go to puretalk.com

00:48:12.600 slash Tucker.

00:48:13.520 Visit puretalk.com

00:48:15.520 slash Tucker for details.

00:48:17.440 America's wireless company.

00:48:18.600 So how does Kramer do relative to say

00:48:21.380 Inverse Kramer,

00:48:21.960 he beats them.

00:48:24.420 So Inverse Kramer was up 48% in 2024.

00:48:27.820 Wait, Inverse Kramer?

00:48:28.880 Oh yeah,

00:48:29.280 we have a portfolio that does the opposite of what he does.

00:48:32.940 Yeah.

00:48:33.240 Yeah,

00:48:33.540 yeah.

00:48:34.480 I'm telling you that we're just,

00:48:36.280 we're a group of,

00:48:38.240 you know,

00:48:38.600 we're 15 now out in Irvine,

00:48:41.180 California,

00:48:41.780 just fucking around with some of these things.

00:48:43.820 And we're,

00:48:44.480 we're registered with the SEC or,

00:48:46.360 you know,

00:48:46.840 and all that.

00:48:46.900 Do you invest in these funds?

00:48:48.800 you can't.

00:48:49.420 So,

00:48:49.720 I mean,

00:48:50.020 you can,

00:48:50.240 you can and you can't.

00:48:50.900 I don't buy like the Pelosi ones

00:48:52.740 because I,

00:48:53.140 I,

00:48:53.520 I ethically,

00:48:54.600 I don't like to buy the companies that I tweet about

00:48:56.880 because I don't want to believe in like,

00:49:00.100 if I tweet this,

00:49:00.940 the stock will go up 20%.

00:49:02.220 Right.

00:49:02.540 You know,

00:49:02.780 I just don't even want to get into that world.

00:49:04.980 I though invest in some of these other strategies.

00:49:07.680 I,

00:49:07.920 I have around 5k in a strategy provided by Quiver Quant.

00:49:11.940 Great guys.

00:49:12.640 They do what unusual wells does similar on Instagram and Twitter.

00:49:16.040 They track the lobbying.

00:49:18.080 So they see which companies are spending the most on lobbying in DC.

00:49:22.020 Yeah.

00:49:22.360 And then they build a strategy around it to see if a strategy like that

00:49:25.580 outperforms the market over time.

00:49:27.140 Well,

00:49:27.300 I know what come,

00:49:28.280 what sector is spent a lot.

00:49:31.760 Crypto.

00:49:32.540 Yeah.

00:49:33.000 Yeah.

00:49:33.200 I mean,

00:49:33.480 I mean,

00:49:33.700 I saw them everywhere on the road this fall.

00:49:35.840 Really?

00:49:36.380 We have a JD Vance portfolio.

00:49:38.020 He has some Bitcoin.

00:49:39.980 His portfolio is very good.

00:49:41.520 He is,

00:49:42.120 he only is in the ETFs.

00:49:46.060 So kudos to him,

00:49:47.220 but he owns some crypto.

00:49:48.640 I will say this about,

00:49:49.520 obviously JD is a friend of mine,

00:49:50.720 so I would defend him.

00:49:52.340 You know,

00:49:52.640 my instinct is to defend him and I love JD Vance,

00:49:55.040 but I would say without knowing any details,

00:49:58.000 you know,

00:49:58.140 he like had a legitimate,

00:49:59.520 you know,

00:50:00.460 career in that world before.

00:50:01.780 A hundred.

00:50:02.560 Yeah.

00:50:02.860 So you can at least say JD Vance knows what an ETF is.

00:50:05.520 Yeah.

00:50:05.640 And also credit to him.

00:50:07.320 He,

00:50:07.760 so he was a VC founders fund.

00:50:09.820 You know,

00:50:10.060 I come,

00:50:11.020 I don't come from this world,

00:50:12.080 but I know this because you know,

00:50:13.380 our app is venture backed.

00:50:14.560 Uh,

00:50:15.660 he had again,

00:50:17.140 credit to him.

00:50:17.780 He had money in rumble.

00:50:19.100 So YouTube's competitor,

00:50:20.240 uh,

00:50:21.160 before he,

00:50:22.220 via his venture capital firm,

00:50:24.340 I,

00:50:25.480 I can't confirm this.

00:50:26.360 I've never met him,

00:50:27.080 but when he got into office before he became VP,

00:50:30.380 he sold out of rumble.

00:50:31.400 So only the stocks that he owns are just the main ETFs.

00:50:35.380 Can I ask you,

00:50:35.780 is there some easy or workable way for members of Congress to put all their investments into some blind?

00:50:43.340 Yeah.

00:50:43.760 Blind trust.

00:50:44.600 Yeah.

00:50:45.260 Yes.

00:50:46.040 Yeah.

00:50:46.640 So this is where it gets complex and I'll be curious to hear your take on this.

00:50:51.660 So there's bills out there to get it banned.

00:50:55.260 You know,

00:50:55.580 I think social media has done a tremendous job with this,

00:50:57.760 with the Pelosi tracker,

00:50:58.760 with all of us trying to call out with our app.

00:51:01.480 It's like our app,

00:51:02.620 part of it is built to highlight the hypocrisy of just how big of a problem this is.

00:51:06.960 500 million dollars shouldn't be copying Pelosi.

00:51:09.260 If they are,

00:51:09.720 like,

00:51:10.240 that's a problem.

00:51:11.240 Yes.

00:51:11.420 Uh,

00:51:12.020 so to credit to some of these politicians,

00:51:14.680 AOC has done a lot,

00:51:15.800 you know,

00:51:16.080 she's a fiery figure,

00:51:17.020 but,

00:51:17.400 uh,

00:51:17.660 she has had two bills.

00:51:18.900 She actually just released a bill a week ago called,

00:51:22.020 um,

00:51:22.480 the restore faith in government act.

00:51:24.200 And it calls for banning political stock trading.

00:51:26.780 There's been around five bills.

00:51:28.080 Good for her.

00:51:28.520 Yeah.

00:51:28.880 Yeah.

00:51:29.120 She's been,

00:51:29.620 uh,

00:51:29.940 she had a bill with Matt Gaetz.

00:51:31.460 Yeah.

00:51:32.020 Um,

00:51:33.200 the bill that's got the farthest,

00:51:34.840 and this is where,

00:51:35.800 this is just frustrates me with all the stuff going on is there was a bill introduced by Josh Howley,

00:51:42.720 um,

00:51:43.300 John Ossoff and a couple other politicians.

00:51:45.860 Uh,

00:51:46.300 the reason why that one's important is because they got that to the Senate and in the Senate,

00:51:50.400 while they were,

00:51:51.260 um,

00:51:51.820 in one of the committees,

00:51:52.660 the way that the bills enter the floors,

00:51:54.360 they have to get passed off by the committee.

00:51:56.140 Um,

00:51:57.600 this is the bill that made it the farthest in that bill,

00:52:00.480 though,

00:52:01.020 they,

00:52:01.440 uh,

00:52:01.680 they offered kind of four things.

00:52:03.100 First,

00:52:04.100 members can't trade stocks by 2025.

00:52:06.480 This was introduced to 2024.

00:52:08.200 Members can't trade stocks.

00:52:09.820 Second,

00:52:10.940 spouses and dependents can't trade stocks through 2027.

00:52:15.500 Third,

00:52:15.900 any private investment you have,

00:52:20.160 you have to sell out of to run,

00:52:22.700 to become a politician.

00:52:24.560 No,

00:52:25.180 no one has ever asked for that.

00:52:27.480 That has never come up.

00:52:28.840 And that became a big,

00:52:30.880 big problem.

00:52:31.420 This is where it gets scary.

00:52:32.560 And we have to be careful with like what we're essentially pushing for.

00:52:35.240 So what everyone has asked for on these bills is no trading,

00:52:39.840 no members and their spouses can trade,

00:52:42.100 put it in a blind trust.

00:52:43.700 Now this fourth bill,

00:52:45.000 no trading,

00:52:45.560 no members and spouse,

00:52:46.580 blind trust,

00:52:47.220 but also you have to sell out of every private investment.

00:52:50.000 And that when you,

00:52:52.000 when they started debating it,

00:52:53.720 Mitt Romney,

00:52:55.120 Tim Scott,

00:52:56.060 and a couple other,

00:52:57.340 uh,

00:52:57.700 politicians on it were like,

00:52:59.000 wait a second,

00:53:00.160 we can't vote yes on this.

00:53:01.840 Like let's take,

00:53:02.880 if you guys are telling me that any future politician that wants to run has to

00:53:07.320 sell out of private investments,

00:53:08.600 that could become a major,

00:53:10.660 major problem.

00:53:11.360 You know,

00:53:12.100 if you want to run and be a politician,

00:53:13.640 you'd have to sell out of your businesses.

00:53:15.340 If I were to run,

00:53:16.160 I would have to sell it to my businesses.

00:53:17.480 A farmer would have to sell it to his family businesses.

00:53:20.060 Is that right?

00:53:20.840 Like,

00:53:21.040 why are we essentially doing that?

00:53:22.780 And when you take a step back at the time,

00:53:24.680 this was,

00:53:25.320 you know,

00:53:26.460 Kamala versus Trump.

00:53:27.560 Kamala just picked,

00:53:28.740 um,

00:53:29.700 Tim Waltz to be the VP.

00:53:31.620 And you think about where the directions of each parties are going.

00:53:34.540 If you have a bill out there that bans politicians from owning in private

00:53:40.620 investments,

00:53:41.140 you are turning off kind of a whole part of,

00:53:44.340 uh,

00:53:44.980 future people.

00:53:46.320 Yeah.

00:53:46.520 And I mean,

00:53:47.940 you know,

00:53:49.880 you,

00:53:50.340 you do kind of want people who are invested in the country,

00:53:55.240 you know,

00:53:56.120 who have some like longitudinal stake in America.

00:53:59.720 I mean,

00:54:00.160 I do think that like I'm fighting for my,

00:54:02.460 that's why I believe in home ownership,

00:54:03.600 you know,

00:54:04.200 cause like I own a piece of ground here.

00:54:06.160 You know,

00:54:06.480 it's my country.

00:54:07.520 And you know,

00:54:07.840 it's crazy.

00:54:09.220 You had Trump and JD Vance,

00:54:11.900 JD Vance,

00:54:12.500 probably the most in my lifetime,

00:54:15.120 the smartest,

00:54:15.780 like most accomplished,

00:54:16.920 like guy running for politics that I've ever seen.

00:54:20.780 I think he's just tremendous.

00:54:23.900 Um,

00:54:24.580 you got him with Trump business guys,

00:54:26.860 first politician,

00:54:27.820 second.

00:54:28.280 Yeah.

00:54:28.420 You got Vivek business politician,

00:54:30.560 second.

00:54:30.960 On the other side,

00:54:31.860 you got Kamala career long politician,

00:54:34.180 20 plus years.

00:54:34.860 Just parasite.

00:54:35.540 Yeah.

00:54:36.020 Jay,

00:54:36.380 um,

00:54:37.260 Tim Waltz,

00:54:37.900 Tim Waltz,

00:54:38.440 he,

00:54:38.840 you have to disclose what you own.

00:54:40.680 He doesn't own anything.

00:54:41.620 Like you even just said,

00:54:42.880 like I own part of land in America.

00:54:44.740 He doesn't,

00:54:45.800 from my memory,

00:54:47.240 he doesn't own a house.

00:54:48.320 The only thing he owned on that public disclosure was a teacher's pension.

00:54:53.400 And then you start,

00:54:54.540 it's like,

00:54:55.060 where can we go with this path of,

00:54:57.540 you know,

00:54:59.500 pro business,

00:55:00.980 successful,

00:55:01.940 competent people running our country versus career long politicians that just know how to play the game of thrones in politics to be able to get to where they want.

00:55:10.880 Exactly.

00:55:11.200 Nicely put.

00:55:11.780 That scared the shit out of me when they started talking about that at that.

00:55:17.180 Well,

00:55:17.420 it may be just a way to kill the whole idea.

00:55:19.180 So that was the other thing.

00:55:19.980 Is it a kill pill?

00:55:20.740 And I,

00:55:21.160 again,

00:55:21.340 this is why like,

00:55:21.920 I don't know.

00:55:23.120 Yeah.

00:55:23.320 Just don't use insider information that you get with my money in the car.

00:55:26.840 We own all that information that belongs to us.

00:55:28.340 It does not belong to Mike McCall or any of these other douchebags,

00:55:32.180 corrupt douchebags like Mike McCall.

00:55:33.960 Yeah.

00:55:34.080 who is,

00:55:35.820 I just want to say again,

00:55:36.380 it's a corrupt douchebag.

00:55:37.340 I just want to say that really clearly.

00:55:39.480 But they don't own this information.

00:55:41.080 It belongs to the public.

00:55:42.460 It belongs to the U S government,

00:55:43.520 which is owned by the people who are citizens of this country.

00:55:45.740 So just stop that.

00:55:47.960 Yeah.

00:55:48.180 But you don't want to encourage like government by,

00:55:51.140 you know,

00:55:51.840 people who own nothing like what government by the homeless.

00:55:54.700 I want people who are like,

00:55:55.640 no,

00:55:56.100 my kids live here.

00:55:56.820 My grandkids live here.

00:55:58.260 This is our family farm or whatever.

00:55:59.740 Like you want that skin in the game,

00:56:01.540 skin in the game.

00:56:02.360 I'm going to protect this country because it's mine.

00:56:04.520 Yeah.

00:56:05.000 Yeah.

00:56:05.160 A hundred percent.

00:56:05.920 And give me the incentive.

00:56:08.660 I'll give you the outcome.

00:56:09.720 It's like,

00:56:10.240 if you have politicians that are incentivized for the good of American families,

00:56:15.280 you know,

00:56:15.500 it's like,

00:56:16.040 I totally agree.

00:56:17.240 Kids,

00:56:17.760 Trump,

00:56:18.340 pro family.

00:56:19.180 Exactly.

00:56:19.620 You're going to build for your grandkids,

00:56:21.580 not for you.

00:56:22.660 I would ban a childless politicians from having too much power.

00:56:26.100 Cause it's like,

00:56:26.700 you're not,

00:56:27.760 I just know anyone who has kids will tell you,

00:56:29.600 it's like,

00:56:29.940 you're really worried about that.

00:56:31.100 At a certain point,

00:56:31.600 why do you care?

00:56:32.280 You're going to die anyway,

00:56:33.160 but you care about the next generation,

00:56:35.420 you know?

00:56:35.620 Yeah.

00:56:35.800 And,

00:56:36.260 you know,

00:56:37.020 give Rocahanna credit.

00:56:38.660 The representative out of San Francisco,

00:56:41.540 he's doing a lot on social media.

00:56:43.280 He doesn't have as much power,

00:56:44.880 but he's calling for term limits.

00:56:46.920 And I think,

00:56:47.280 cause we're looking at,

00:56:48.260 you know,

00:56:48.480 again,

00:56:48.660 I'm 29.

00:56:49.340 I'm not,

00:56:49.780 I don't,

00:56:50.920 I'm just out here just calling citizen journalism on X,

00:56:54.120 being like,

00:56:54.480 this is ridiculous.

00:56:55.740 Let me build with my,

00:56:57.340 like my skillset is I feel like I can do,

00:57:00.360 I know how to use social media algorithms and I know how to build a product to get people involved in it.

00:57:05.180 Let me use this as the best way in my ability as an American citizen to promote change,

00:57:10.060 to bring trust back into the institutions.

00:57:12.160 A big part of the problem looking at it is like,

00:57:14.920 what are these 85 year olds doing?

00:57:16.780 I agree.

00:57:17.560 And,

00:57:17.920 you know,

00:57:18.680 for 30 years.

00:57:19.500 It's just so obviously unwise,

00:57:21.740 you know,

00:57:22.660 um,

00:57:23.620 yeah,

00:57:24.080 at 85,

00:57:24.940 at 75,

00:57:26.040 you know,

00:57:26.320 it's just harder to,

00:57:27.480 yeah,

00:57:27.840 don't have the mental acuity.

00:57:28.840 That's just a fact.

00:57:29.700 Um,

00:57:29.940 it's a biological fact,

00:57:30.920 but ignoring biology is one of our main,

00:57:32.660 our main pastimes at this point.

00:57:34.440 I've grown up with that.

00:57:35.220 Yeah.

00:57:35.940 My mom's a pediatrician.

00:57:37.420 I know.

00:57:37.700 She really believes in biology.

00:57:39.620 Oh,

00:57:40.000 for sure.

00:57:40.640 Yeah.

00:57:40.800 Um,

00:57:41.840 that's pretty funny.

00:57:43.780 So,

00:57:44.180 um,

00:57:45.180 tell us about the war stocks.

00:57:47.980 I'm sorry.

00:57:48.460 I had to calm down before you went down that.

00:57:50.700 That's really dark.

00:57:52.140 Do you think it's possible that people are encouraging war because they're profiting from it?

00:57:57.200 Yeah,

00:57:57.820 that,

00:57:58.720 this is the,

00:57:59.760 this topic gets a lot of conversation on,

00:58:04.620 um,

00:58:05.180 TikTok and Instagram in particular,

00:58:06.660 just mainly because it's like warmongering,

00:58:09.400 not warmongering.

00:58:09.660 Warwongering,

00:58:10.400 the idea of even being able to profit from war probably shouldn't be allowed.

00:58:14.460 Of course not.

00:58:16.120 But they do.

00:58:17.240 And you know,

00:58:17.800 whether they do it inherently or not,

00:58:19.680 if the three main companies are Lockheed Martin,

00:58:22.620 General Dynamics,

00:58:23.640 and Raytheon Technologies.

00:58:25.480 Raytheon,

00:58:26.680 Raytheon's hard because Raytheon is the company behind the,

00:58:30.540 Israel's Iron Dome.

00:58:31.920 Yes.

00:58:32.140 So,

00:58:32.500 Israel and Hamas,

00:58:36.020 that's pro Raytheon.

00:58:37.300 Like,

00:58:37.540 Raytheon's now selling missiles for the,

00:58:39.480 Iron Dome that we're watching on X go off every two days back then.

00:58:43.280 Right.

00:58:43.640 When that all,

00:58:44.640 with Iran and all that,

00:58:45.940 um,

00:58:46.140 and,

00:58:46.240 and,

00:58:46.820 um,

00:58:47.840 um,

00:58:48.980 Lebanon.

00:58:49.700 But,

00:58:50.040 the politicians,

00:58:51.820 Mark Wayne Mullen,

00:58:52.680 he sits on the Armed Services Committee.

00:58:54.640 He owns Raytheon and Lockheed Martin.

00:58:56.460 And,

00:58:57.380 and,

00:58:57.400 we've called them out for it because that's to another degree because you sit on the committee.

00:59:03.060 Uh,

00:59:03.760 never,

00:59:04.200 never heard anything about it.

00:59:05.900 Um,

00:59:06.200 unusual whales has a great report on this.

00:59:07.840 What could possibly,

00:59:08.480 and again,

00:59:08.860 I'm,

00:59:09.120 I've only met Mark Wayne Mullen once.

00:59:11.640 He's a friend of a friend of mine who says he's great.

00:59:13.940 He seemed nice.

00:59:14.520 But what could possibly be the excuse for owning defense stocks if you sit on the committee that funds them?

00:59:21.460 Yeah.

00:59:21.780 So my,

00:59:22.480 this is what's the problem with the way that just,

00:59:24.900 they disclose right now is I don't know which ones are theirs or which ones are being run by a financial advisor.

00:59:31.280 Because,

00:59:32.000 two,

00:59:32.640 some of the,

00:59:33.060 some of them have financial advisors running their portfolios,

00:59:36.220 but they still have to disclose it.

00:59:38.000 My hope is that it's financial advisors running some of these portfolios.

00:59:41.920 So my hope would they,

00:59:43.460 and I'm sure that's right.

00:59:44.440 I mean,

00:59:44.680 I'm,

00:59:45.080 I guess I have stocks.

00:59:45.880 I have no idea what they are.

00:59:46.900 I'm not,

00:59:47.340 you know,

00:59:48.200 uh,

00:59:48.500 whatever.

00:59:48.960 I've got some person doing that,

00:59:51.380 I guess.

00:59:52.220 But,

00:59:52.700 um,

00:59:53.960 I would hope that they would be thoughtful enough that if you sit on a committee that's,

00:59:57.920 you know,

00:59:58.840 overseeing an industry that you would just call up to your broker and say,

01:00:01.960 Hey,

01:00:02.040 we can't buy anything that I regulate.

01:00:04.600 Five minutes.

01:00:05.440 That's all it takes.

01:00:06.520 Right.

01:00:06.800 Yeah.

01:00:06.980 And again,

01:00:08.640 this is,

01:00:09.460 and you put that out there publicly and he still owns those.

01:00:12.000 Yeah.

01:00:12.220 We call out everybody.

01:00:13.700 Yeah.

01:00:14.360 Yeah.

01:00:14.660 There's no one that we,

01:00:15.660 I,

01:00:16.180 there's no policy.

01:00:17.060 Like we called out the new politician this morning.

01:00:19.360 Um,

01:00:20.480 can't remember his name.

01:00:21.440 Uh,

01:00:21.760 Republican from Kentucky who sits on,

01:00:23.620 uh,

01:00:23.840 uh,

01:00:24.280 accountability,

01:00:24.760 um,

01:00:26.280 committee.

01:00:26.660 He traded for the first time in three years.

01:00:30.160 We made a tweet about him.

01:00:32.000 Uh,

01:00:32.920 Dan Goldman.

01:00:34.060 So Dan Goldman,

01:00:35.080 he's a rich guy from,

01:00:36.760 uh,

01:00:37.180 New York.

01:00:38.000 We called him out to the point where he stopped trading.

01:00:40.580 Cause we were making all these tweets of like,

01:00:42.780 we've got a ton of inherited money.

01:00:44.060 A ton of inherited money.

01:00:44.980 Yeah.

01:00:45.340 And credit to him.

01:00:46.580 But I think this is the power of social media.

01:00:48.120 And I think this is a win.

01:00:49.060 And in my opinion is like put it in a blind trust or just tell your,

01:00:54.960 uh,

01:00:55.240 while you're a freaking politician,

01:00:56.980 just go put it in the market.

01:00:58.300 Like just don't buy individual stocks for the four or five years,

01:01:01.400 eight,

01:01:01.700 10 years.

01:01:02.000 Just put an index fund.

01:01:02.940 Just put it in an index fund.

01:01:03.900 Yeah.

01:01:04.000 It's not just do what everyone else is doing.

01:01:06.780 You know,

01:01:07.480 like,

01:01:08.220 well,

01:01:08.320 that's such a good point.

01:01:09.880 It's not rocket science.

01:01:11.220 And that's why I don't feel bad for calling out anybody because it's like,

01:01:15.580 like Dan Crenshaw,

01:01:16.800 you're going to complain about it.

01:01:19.100 Just sell out of it and go put it in an index fund.

01:01:21.680 No one's stopping you.

01:01:22.960 then you could plausibly say if you had an index fund,

01:01:25.000 which is just the whole market,

01:01:26.340 you could just say,

01:01:27.400 I'm betting on America.

01:01:29.020 Great.

01:01:29.540 Good for you.

01:01:29.960 I want you to do that.

01:01:30.760 Pro America.

01:01:31.300 And that's why,

01:01:32.080 like,

01:01:32.320 if,

01:01:32.580 if you were to ask me,

01:01:33.740 what is the solution?

01:01:35.320 I think the solution is kind of two things for how do you solve this whole

01:01:39.320 thing.

01:01:39.500 And again,

01:01:40.120 like our mission is we're trying to instill trust back in society.

01:01:43.440 Like I'm pro America,

01:01:44.860 you know,

01:01:45.100 I want my grandkids to do well.

01:01:46.800 I don't think a society functions.

01:01:49.560 If you can't trust your institutions,

01:01:51.420 that's right.

01:01:52.100 And it starts with the politicians.

01:01:53.260 Like,

01:01:53.640 look at,

01:01:54.280 I'm going off on a tangent,

01:01:56.020 but I live in LA,

01:01:57.700 California,

01:01:58.360 your heart breaks for it.

01:02:00.460 And then you just sort of like,

01:02:01.540 I don't know what to believe.

01:02:02.620 Cause these,

01:02:03.220 you got Newsom,

01:02:04.420 you got everything going on on X,

01:02:07.140 there's conflicting sides.

01:02:08.760 And you go on and you say,

01:02:10.560 Hey,

01:02:11.580 if you loot,

01:02:12.380 you will get arrested.

01:02:14.180 Okay.

01:02:14.620 You guys are telling me that I've watched for the past two years,

01:02:18.080 everybody loot and no one get arrested.

01:02:20.460 So you're now at this point where we're supposed to trust you on this fact that,

01:02:24.980 Oh,

01:02:25.060 if you loot now,

01:02:26.060 you'll get arrested.

01:02:27.280 Meanwhile,

01:02:27.900 you've promoted and incentivize that behavior for people to get away with it.

01:02:32.520 And what do you think happens?

01:02:33.580 No one's going to believe you.

01:02:34.900 The trust is God.

01:02:35.900 What happens?

01:02:36.520 So do you feel this sidebar,

01:02:38.380 but you feel as a resident of LA,

01:02:41.140 Santa Monica,

01:02:41.520 you've,

01:02:42.180 you watched looting for the past two years.

01:02:43.660 That's because that's really what it is.

01:02:44.660 Yeah.

01:02:44.920 Yeah.

01:02:45.340 I haven't seen it in particular,

01:02:46.720 but I mean,

01:02:47.440 you can't walk into a CVS.

01:02:48.860 Like the amount of times I've walked into CVS and,

01:02:52.420 uh,

01:02:53.340 your heart breaks for the,

01:02:54.540 the little girl behind the cashier having to deal with these guys is walking in and out.

01:03:00.200 Like,

01:03:00.680 cause you do see it and it's scary.

01:03:02.880 Um,

01:03:03.740 that that's looting on smaller proportions,

01:03:05.300 but you,

01:03:06.120 you,

01:03:06.180 you for sure see it in California.

01:03:07.960 I think it's major.

01:03:08.820 I think things fall apart when you see stuff like that.

01:03:10.860 Why doesn't someone shoot them?

01:03:11.900 I always think that I only see it on video.

01:03:14.400 I haven't been to a CVS in a while,

01:03:15.980 but,

01:03:16.500 um,

01:03:17.340 I think it's just a,

01:03:18.480 it's like you're begging for total collapse if you allow that.

01:03:21.180 Exactly.

01:03:21.740 In my,

01:03:23.200 I,

01:03:23.420 I'm a first principle thinker.

01:03:24.560 I think it's trust.

01:03:25.600 I just don't think people trust that things will get done.

01:03:28.960 And now if you take it out,

01:03:30.540 you know,

01:03:30.780 I love California.

01:03:31.680 I don't think it's as bad as people make it sound,

01:03:33.920 but if you can't trust,

01:03:35.880 the politicians society crumbles.

01:03:37.700 And I see you with the trading.

01:03:39.840 If you can't trust the majority of politicians,

01:03:42.660 America will crumble.

01:03:43.660 Because why would I believe what the politician is telling me while I'm watching them do these other things right in front of my face and I can't do anything about it.

01:03:50.840 Yes.

01:03:51.240 So we want them banned to get the trust back into that.

01:03:54.120 Of course.

01:03:54.500 But the problem with the ban is,

01:03:57.840 is it constant?

01:03:58.880 Like,

01:03:59.000 if in that ban,

01:04:03.120 you would have to ban the kids and you would have to ban the spouses from trading.

01:04:07.020 Is it constitutionally allowed to say,

01:04:09.320 hey,

01:04:10.060 you know,

01:04:10.740 say you're a senator from Florida and you're like,

01:04:14.320 hey,

01:04:15.200 Tucker,

01:04:16.160 you want to be a senator?

01:04:17.380 That's fine.

01:04:18.120 But per the Stock Act now,

01:04:19.520 your kids can't trade stocks and your spouse can't trade stocks.

01:04:22.960 What if your kid is a hedge fund manager or your kid is,

01:04:25.620 you know,

01:04:25.920 I get it.

01:04:26.360 Like,

01:04:26.540 how do you ban that kid?

01:04:27.900 It's hard.

01:04:28.580 It's hard.

01:04:29.040 I mean,

01:04:29.460 well,

01:04:29.740 like any,

01:04:30.280 any system is voluntary,

01:04:31.460 basically.

01:04:32.440 Yeah.

01:04:32.600 I mean,

01:04:32.860 if everyone tries to subvert a system of any kind,

01:04:36.060 the system will collapse.

01:04:37.080 So people have to decide,

01:04:38.260 like,

01:04:38.580 I want to be a better person and not take everything I can.

01:04:42.200 Don't be greedy.

01:04:43.480 Don't be selfish.

01:04:44.840 I mean,

01:04:45.120 it's the things you tell your kids.

01:04:46.400 Yeah.

01:04:46.740 Like you show up at somebody's house,

01:04:48.520 you're eight years old on Halloween and there's a huge basket.

01:04:51.540 you're not taking every,

01:04:52.400 you're not taking,

01:04:53.160 don't take everyone.

01:04:53.800 Yeah.

01:04:53.940 When you're Halloween trick or treating,

01:04:56.280 you're not taking every big Reese's bar.

01:04:58.080 They don't,

01:04:58.380 they don't have Halloween in Africa because people just take every,

01:05:00.740 every Reese's bar.

01:05:01.940 But here we always have because there's a lot of self-restraint in the

01:05:05.540 population.

01:05:06.040 So what do you do about that?

01:05:07.560 Yeah.

01:05:08.560 I don't know.

01:05:09.380 I don't know either,

01:05:09.860 but I think a solution though can be in,

01:05:12.600 this is where like,

01:05:14.620 get rid of the delay,

01:05:15.960 make them file the same day so that you increase transparency around that.

01:05:19.800 How long is it now?

01:05:20.860 45 days.

01:05:21.820 And I don't,

01:05:22.560 I did a lot of research.

01:05:23.440 I couldn't figure out why there was a delay to begin with.

01:05:25.540 Like,

01:05:25.740 I don't understand why,

01:05:27.400 why do you need a 45 day delay?

01:05:29.360 I don't know.

01:05:30.700 That's per the stock act.

01:05:32.080 But also once you get rid of the delay,

01:05:34.780 just make it so that either the politicians have to invest in a blind trust or

01:05:39.980 major ETFs,

01:05:40.980 or if you're not going to go that far,

01:05:43.060 just don't allow them to trade companies they oversee.

01:05:46.700 And it's very,

01:05:47.340 very simple.

01:05:47.940 If I'm a consultant covering pharmaceutical industry at Deloitte,

01:05:53.100 Deloitte does not allow that consultant to buy pharmaceutical stocks.

01:05:56.940 They can buy other stocks,

01:05:58.160 but they can't buy pharmaceutical.

01:05:59.900 And like,

01:06:00.320 it's all just a step in the right direction towards something that like,

01:06:04.860 we can get on the right path to trusting the politicians again.

01:06:07.920 And that's like my,

01:06:08.540 I think the fact you're watching makes a big difference.

01:06:10.800 Yeah.

01:06:11.380 I mean,

01:06:11.720 it has to,

01:06:12.360 right?

01:06:13.000 I think it has.

01:06:13.780 Yeah.

01:06:13.880 That's what I tell myself.

01:06:14.900 Thought about,

01:06:15.460 you know,

01:06:16.140 calling DOJ or copying DOJ on some of these social media posts and saying,

01:06:22.960 you know,

01:06:23.100 maybe there's,

01:06:23.820 there should be a criminal referral here.

01:06:25.920 Yeah.

01:06:26.160 And we haven't,

01:06:27.380 maybe that's the next step.

01:06:29.400 We,

01:06:30.000 the SEC has never investigated any of them.

01:06:32.320 And I think the SEC just has a ton of stuff on their hands,

01:06:34.640 to be honest.

01:06:35.300 That's for sure.

01:06:36.340 We'll see what happens.

01:06:37.400 Cause there's a lot of corruption in the country now.

01:06:38.960 It's not just the Congress.

01:06:40.080 Yeah.

01:06:40.760 And the,

01:06:41.660 the hard part about this is the SEC with,

01:06:44.360 there's billion dollar schemes.

01:06:45.680 Like they should have found SPF,

01:06:47.260 you know,

01:06:47.460 kind of thing.

01:06:47.880 Um,

01:06:48.720 the politicians is not the major,

01:06:51.580 major thing on the monetary side,

01:06:53.460 but it is though on the public image side.

01:06:56.560 And that's what I think.

01:06:57.860 Like,

01:06:58.440 I don't think people understand the longterm effects of not trusting

01:07:01.340 institutions.

01:07:02.220 I agree.

01:07:02.840 And there should be a priesthood,

01:07:04.300 a secular priesthood in charge.

01:07:05.960 Yeah.

01:07:06.240 I mean,

01:07:06.400 you know,

01:07:06.720 that's why they call them public servants.

01:07:08.140 Yeah.

01:07:08.900 You know,

01:07:09.180 there's,

01:07:09.700 they're,

01:07:09.980 they're giving up something to serve their country.

01:07:11.900 I don't think that's unfair to,

01:07:13.180 to ask people.

01:07:13.860 I feel like they've forgotten about it.

01:07:15.260 They forgot the whole,

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01:07:55.040 get rewarded for it.

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01:07:58.000 It's AlpPouch.com.

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01:08:02.580 Best nicotine pouch in the world.

01:08:04.460 How are defense stocks doing?

01:08:09.840 They're up.

01:08:10.740 They're up.

01:08:11.540 They,

01:08:12.000 they had a,

01:08:12.720 uh,

01:08:13.060 they weren't up earlier this year,

01:08:14.720 I believe,

01:08:15.460 but I think they are.

01:08:17.440 I think the one that I followed in particular was Raytheon.

01:08:19.740 And I think Raytheon is up around 80%.

01:08:21.380 So my thought is Lockheed and,

01:08:23.380 um,

01:08:23.760 general dynamics are up too.

01:08:25.440 Um,

01:08:25.760 but there's smaller ones.

01:08:26.680 I mean,

01:08:26.960 Tommy Tuberville bought this company called Humasite.

01:08:31.400 And what Humasite does is it treats soldiers injured in war in Ukraine.

01:08:36.960 And he bought that stock.

01:08:38.600 We flagged it because he sits on the armed services committee.

01:08:41.740 And if you go on the armed services website,

01:08:43.460 it literally says helping companies do military research.

01:08:48.960 He buys a company that does military research.

01:08:51.920 The stock was up.

01:08:52.700 I think like at the peak of it,

01:08:54.120 a hundred percent he sold out early.

01:08:56.060 So I think he made 30%,

01:08:57.360 but it's not even just like,

01:08:59.180 my point is it's not necessarily even just,

01:09:01.160 Lockheed Raytheon.

01:09:03.120 Right.

01:09:03.540 It's these companies that get military government contracts to help the,

01:09:07.240 the long tail.

01:09:08.460 That's all of Northern Virginia.

01:09:10.000 Yeah.

01:09:10.480 Right there.

01:09:11.160 I know.

01:09:11.540 Yeah.

01:09:11.760 I was listening to a couple of your other podcasts.

01:09:13.340 Yeah.

01:09:13.660 No,

01:09:14.020 I mean,

01:09:14.320 I'm,

01:09:14.620 I've spent my life there,

01:09:15.760 so I'm deeply resentful.

01:09:16.820 And it's also very ugly,

01:09:17.780 which tells you a lot.

01:09:19.440 What they do for a living is ugly.

01:09:20.800 Killing people is the ugliest thing you could do,

01:09:22.920 but they've also constructed an incredibly ugly world physically.

01:09:26.220 Like if you drive from Dulles airport into the city,

01:09:29.240 you see not a single pretty building.

01:09:31.380 Everything is awful.

01:09:32.380 And it's a reflection of their souls.

01:09:33.720 In my opinion,

01:09:35.100 others disagree.

01:09:36.880 Tell us,

01:09:37.520 and I went right over this.

01:09:38.620 I'm sorry,

01:09:39.020 but about Jim Cramer,

01:09:40.100 you have an inverse Jim Cramer.

01:09:42.160 So if you were to invest with Jim Cramer,

01:09:46.380 would you do better or worse than say Debbie Wasserman Schultz or Nancy?

01:09:49.680 In 2024,

01:09:51.060 you would have done better.

01:09:52.380 And this is all up.

01:09:53.420 If people want to go on join autopilot.com,

01:09:56.360 or even on our app autopilot,

01:09:58.040 you'll see all these numbers.

01:09:58.900 Cause I don't want to mess up the numbers.

01:10:00.660 Yeah,

01:10:00.780 of course.

01:10:01.220 Yeah.

01:10:02.180 But Kramer was up 48%.

01:10:04.100 Stock market was up around 25%.

01:10:06.160 He was up,

01:10:06.740 not inverse.

01:10:07.460 Sorry,

01:10:07.880 sorry.

01:10:08.400 Inverse Kramer was up.

01:10:10.440 Oh,

01:10:10.760 inverse.

01:10:11.200 Okay.

01:10:11.380 So when you're talking about Kramer,

01:10:13.180 you're talking about Kramer's stupidity.

01:10:14.520 Do the opposite.

01:10:15.440 The opposite of Kramer was up 48%.

01:10:17.820 And we balance that thing on a monthly basis.

01:10:20.440 He has his own stock group,

01:10:22.040 which maybe we'll pay to get the subscription in to actually see the stocks that he's talking about.

01:10:27.300 He has this through CNBC.

01:10:30.420 But yeah,

01:10:30.780 it was inverse.

01:10:31.180 Inverse Kramer has done.

01:10:33.220 48.

01:10:34.620 That's crazy.

01:10:37.340 It's.

01:10:39.280 Do you think it's a gag?

01:10:41.380 I think it's social media,

01:10:42.920 not even social media.

01:10:43.940 I think it's just how media works.

01:10:46.400 It's headlines.

01:10:47.380 And you have to talk about.

01:10:48.720 But he's like a Harvard graduate.

01:10:50.040 Who's like a genius.

01:10:51.120 Everybody said,

01:10:51.660 I mean,

01:10:51.820 I know him.

01:10:52.140 He's obviously not a genius,

01:10:53.180 but he's employed to tell you about the stock market,

01:10:56.580 but betting against him gets you 48%.

01:10:58.600 Like how does that.

01:10:59.160 And he has a private stock market group that does all this stuff that he tells people with personal stock picks and stuff like that.

01:11:07.700 So it's not even just he gets employed and does it on social media and TV.

01:11:10.860 He has a personal group that does it.

01:11:12.980 But yeah,

01:11:14.780 that one blows my mind.

01:11:16.340 Cause I don't know how,

01:11:17.600 I don't know how you can say,

01:11:19.180 don't,

01:11:19.580 you know,

01:11:20.400 sell Tesla.

01:11:21.840 And the stock goes up a hundred percent.

01:11:23.400 There's a tremendous video from when,

01:11:26.020 um,

01:11:26.240 early days with Tesla,

01:11:27.340 when Kramer is essentially talking about Tesla says it's trash.

01:11:31.960 Get rid of it.

01:11:32.800 Don't even talk about it.

01:11:33.940 From that day,

01:11:35.140 the stock,

01:11:35.920 some thousands,

01:11:37.340 thousands and thousands of percent up.

01:11:39.080 And Elon loves it.

01:11:40.120 I don't think that is.

01:11:41.040 Do you think like Kramer,

01:11:44.100 like,

01:11:44.400 why would they employ Kramer?

01:11:46.060 What,

01:11:46.400 how could he be that bad?

01:11:49.000 If you just employed like your dog.

01:11:51.740 Yeah.

01:11:52.160 Or a whole bunch of dogs.

01:11:53.260 You get a chicken.

01:11:54.040 Yeah,

01:11:54.260 exactly.

01:11:54.820 That's exactly right.

01:11:57.600 Do you have any guesses?

01:11:59.420 No.

01:11:59.960 I mean,

01:12:00.320 I think like.

01:12:04.360 If I'm thinking about it,

01:12:05.560 cause I haven't really thought too much about it on the sense of,

01:12:08.840 um,

01:12:09.140 how does it actually like,

01:12:10.380 how can it actually do it so well?

01:12:12.100 My thought is maybe though,

01:12:13.780 like the way that the markets work and I'm no expert at this is,

01:12:17.540 you know,

01:12:17.780 you want to buy the news and sell the,

01:12:20.180 um,

01:12:20.620 or buy the buildup and then you sell the news.

01:12:22.760 Yeah.

01:12:23.520 Kramer can just be slow with getting onto these popular stocks that by the

01:12:27.980 time he's talking about Tesla,

01:12:29.420 by the time he's talking about,

01:12:30.560 Hey,

01:12:30.900 you know,

01:12:31.180 go buy NVIDIA.

01:12:32.640 It's like,

01:12:33.180 yeah,

01:12:33.420 you,

01:12:34.220 everyone's been talking about NVIDIA for six months before you start

01:12:36.940 talking about it.

01:12:37.640 The portfolio that we have for him on autopilot is $15 million

01:12:40.400 following him,

01:12:41.580 following his inverse picks.

01:12:43.900 So essentially there's a,

01:12:45.640 we have a pseudo ETF ish sort of thing that does the exact opposite of

01:12:51.940 all based on his stupidity.

01:12:52.820 All based on his stupidity.

01:12:53.980 Yeah.

01:12:54.480 Or all based on what he thinks is right.

01:12:56.780 That turns out to be wrong.

01:12:58.700 That's incredible.

01:13:00.480 So you got venture backing for all,

01:13:02.500 because it does sound like I love everything I love at all.

01:13:06.260 But the fact that you made a business out of it is especially amazing.

01:13:09.000 Yeah.

01:13:09.380 Yeah.

01:13:09.660 Yeah.

01:13:10.480 That's been a journey.

01:13:11.400 And again,

01:13:11.700 like I don't come from this world,

01:13:13.860 you know,

01:13:14.060 I was living in Bali before we started this thing.

01:13:17.420 And Brian,

01:13:18.740 Aaron,

01:13:19.140 Scott,

01:13:19.480 my co-founders,

01:13:20.700 like we all did this stuff together.

01:13:22.120 We didn't think it would get this big.

01:13:23.880 We got a lot of nose.

01:13:25.540 And like the slogan of what our app essentially was,

01:13:28.000 was invest like a politician.

01:13:29.820 So like if your app says invest like a politician,

01:13:32.480 how big can that thing actually become?

01:13:34.400 How popular can that actually be?

01:13:36.440 It turns out it can be very popular because not only are they good,

01:13:39.160 but it's also the perfect,

01:13:41.160 it's the perfect way to highlight the hypocrisy.

01:13:44.500 Because it's like,

01:13:45.200 what better way to highlight the hypocrisy of politician stock trading than to literally build an app to invest alongside that hypocrisy?

01:13:52.820 And the next thing you know,

01:13:53.920 you got ABC News talking about us.

01:13:55.880 Elon's retweeted us.

01:13:57.160 Major thanks to you.

01:13:59.880 This is the first time we've ever had a long form conversation about this.

01:14:03.440 Our app is,

01:14:04.460 when we launched it,

01:14:05.300 we were number two in the app store.

01:14:06.940 No way!

01:14:07.840 The whole thing blew up right before our very eyes.

01:14:10.300 Yeah.

01:14:11.020 And the Pelosi tracker was a great part of that.

01:14:14.540 But we have much,

01:14:15.860 much bigger,

01:14:16.460 much broader ambitions.

01:14:17.940 And that's where the venture,

01:14:19.020 the venture backed part.

01:14:20.740 What's so cool is that,

01:14:21.700 so you built a whole business,

01:14:23.160 mocking and simultaneously profiting from the corruption of politicians,

01:14:28.960 but you're at the same time calling for an end to it.

01:14:33.780 If we lose the politician stock trading,

01:14:36.280 we lose a major chunk of our business for sure.

01:14:38.480 But you're still in favor of losing it.

01:14:40.120 100%.

01:14:40.560 100%.

01:14:41.600 Because our mission is to instill trust back in the institutions.

01:14:45.740 And I'm not an expert at this,

01:14:49.200 but this topic,

01:14:50.540 but like the way that we see it is,

01:14:53.160 knock out the politicians.

01:14:54.700 And this is all through autopilot.

01:14:56.460 Autopilots are like our slogan in the broader when we pitch investors.

01:14:59.340 I love the name by the way.

01:15:00.260 Yeah,

01:15:00.420 I know.

01:15:00.740 Put your money on it.

01:15:02.560 It's to redefine money management.

01:15:05.240 So I'm 29 and we're about to go through the greatest wealth transfer in the history of the world.

01:15:10.140 You know,

01:15:10.360 85 trillion is about to be parked on people like my doorstep.

01:15:15.200 Say I get half a million dollars.

01:15:16.760 This is when the boomers die.

01:15:18.080 Yeah.

01:15:18.600 This is when the boomers die.

01:15:19.620 And part of that money is in housing,

01:15:21.040 but there still is a lot that goes into money management.

01:15:25.760 75% of kids who inherit their parents' money fire their parents' financial advisor the day they get that money.

01:15:33.340 So now you got a kid who has half a million dollars parked on his lap,

01:15:37.820 fires the financial manager because it's like,

01:15:39.540 who the heck are you?

01:15:40.240 And now they have to make the decisions of how do I invest this money?

01:15:43.700 Do I do it on my own?

01:15:45.300 Do I do it through a Google search?

01:15:47.200 Pick the top financial advisor.

01:15:48.560 Do I do it through a friend?

01:15:50.460 We think there's a lot of problems in that.

01:15:53.520 And there's no trust and transparency in those decisions.

01:15:56.820 So with Autopilot,

01:15:57.840 what we're trying to do is solve that trust and transparent way by building a marketplace to find a money manager

01:16:04.240 and then invest through that money manager in a way that you still have control.

01:16:08.620 And I think like what you said earlier,

01:16:10.840 and I'm sorry for rambling,

01:16:11.980 but the big,

01:16:14.340 big thing that we're trying to do is we're trying to ensure that people's money builds the futures that they want.

01:16:21.280 And I think in 2030,

01:16:23.340 2035,

01:16:24.060 2040,

01:16:24.500 this is going to become a bigger and bigger thing.

01:16:26.280 And a good example of the early inklings of this is this,

01:16:30.200 whether it's conspiracy theory or not,

01:16:32.020 you know,

01:16:32.380 we'll,

01:16:32.740 we'll see what happens with it.

01:16:34.340 But this,

01:16:35.280 this topic of BlackRock and Vanguard having money in taking the,

01:16:40.740 the assets in their own ETFs and stuff and using that to sway public laws and public opinion in the company,

01:16:50.960 in the States that they oversee.

01:16:52.600 They're getting sued in Texas.

01:16:53.900 They're getting sued in Florida.

01:16:55.560 And part of like,

01:16:56.780 well,

01:16:57.080 again,

01:16:57.400 whether that's true or not,

01:16:58.820 what annoys me personally when I invest is I want to make sure that my money goes towards my beliefs.

01:17:05.200 And if you have someone else managing your money or you put your money in a Vanguard,

01:17:09.360 you put your money in a BlackRock,

01:17:11.240 there's possibilities for that to happen at a much broader scale than if you do it on your own.

01:17:16.280 That's exactly right.

01:17:17.060 And that's like what we're trying to,

01:17:18.580 we're trying to build that.

01:17:20.320 We're trying to essentially build out the way that you can have your money managed without you having to sacrifice your own values,

01:17:25.800 your own voter rights,

01:17:27.140 your own beliefs.

01:17:28.600 Yeah.

01:17:29.020 You don't want to turn over your money to someone who is trying to eliminate all your rights.

01:17:33.240 I mean,

01:17:33.460 that's crazy.

01:17:34.580 It's contradictory.

01:17:35.820 And it works for both sides.

01:17:37.440 Like I don't,

01:17:39.180 for me personally,

01:17:40.320 pro America,

01:17:40.800 I don't want any dollars invested in Chinese stocks.

01:17:44.660 No.

01:17:44.840 And like,

01:17:45.260 if I have,

01:17:45.900 you know,

01:17:46.300 maybe a couple hundred bucks if you're trying to swing an Alibaba,

01:17:49.060 but if like you got a half a million dollars in that retirement,

01:17:51.820 I don't want any of that invested in Alibaba.

01:17:54.680 Because inherently you are funding a future where Alibaba succeeds.

01:18:00.560 Like,

01:18:00.820 do you want that?

01:18:02.100 And the other side is like,

01:18:03.020 we have customers and we have clients that are like,

01:18:05.380 I don't want my money building,

01:18:06.780 uh,

01:18:07.020 invested in oil companies.

01:18:08.100 Like I want to be pro EV.

01:18:10.180 It's like,

01:18:10.680 okay,

01:18:11.060 but did you know that you got your retirement account with these other people?

01:18:14.000 And they,

01:18:14.740 they have money in Chevron,

01:18:17.500 Oxy,

01:18:18.180 you know,

01:18:18.480 things like that.

01:18:19.520 That's like what we're trying to solve and trying to build to.

01:18:21.960 And again,

01:18:22.340 it all starts with just trust.

01:18:24.100 Cause if you can't trust even where your money is being invested,

01:18:28.260 what does that mean?

01:18:28.940 In my opinion,

01:18:29.720 that means society is worse off because you don't even trust how your money is

01:18:35.020 being managed in that state that you're in.

01:18:37.460 Right.

01:18:37.760 And it,

01:18:38.140 it changes people if they conclude that the whole,

01:18:40.800 the whole deal is a scam.

01:18:43.620 Yeah.

01:18:44.680 I live a lot of the year in a really rural area and my whole life,

01:18:48.440 the no one I knew ever took any government benefits.

01:18:51.620 Cause the idea was that we're like proud,

01:18:54.400 you know,

01:18:54.980 working class people were not doing that.

01:18:56.500 And then the state brought in all these immigrants from Africa.

01:18:59.720 And gave them everything,

01:19:01.340 you know,

01:19:01.580 houses,

01:19:02.380 phones,

01:19:03.060 airplane tickets,

01:19:04.000 food vouchers,

01:19:05.100 free medical,

01:19:06.020 just these are immigrants getting all this free stuff.

01:19:09.160 And everyone in the town where I am,

01:19:11.100 which is very few immigrants or people are not everyone.

01:19:14.040 People I knew were like,

01:19:14.940 wait a second.

01:19:15.740 You know,

01:19:15.940 I served in the military.

01:19:17.240 I've worked,

01:19:17.860 paid tax my whole life.

01:19:18.660 I never gotten anything from the government.

01:19:20.500 Screw it.

01:19:21.060 I'm putting in for any,

01:19:22.060 any benefit I possibly can.

01:19:24.100 And it,

01:19:24.340 and it,

01:19:25.520 you know,

01:19:25.960 it's easy for me to disapprove because I'm rich.

01:19:27.800 So it's like,

01:19:28.140 I don't have to do that,

01:19:28.980 but I got it.

01:19:29.900 It's like,

01:19:30.260 they all of a sudden realize people who've lived in this country,

01:19:32.760 their whole lives,

01:19:33.860 you know,

01:19:34.720 did a lot for the country.

01:19:35.640 I would argue they realized the whole thing's a freaking scam.

01:19:38.140 So I might as well get in on it.

01:19:39.840 If you have that attitude,

01:19:40.920 man,

01:19:41.120 things fall apart like that.

01:19:42.860 Look at COVID.

01:19:44.040 Exactly.

01:19:45.220 Happened with all the COVID loans,

01:19:47.240 the PPO stuff or whatever.

01:19:48.580 Pelosi was a big part of this too.

01:19:50.180 The PPO.

01:19:51.220 The PPO with the employees.

01:19:53.420 So there's documents.

01:19:55.160 And so Pelosi owns a hotel up in Napa.

01:19:59.180 I think it's a hotel.

01:20:00.980 And she has had this one property that has made a hundred thousand dollars,

01:20:06.120 lost a hundred thousand dollars.

01:20:06.840 And you all have to file this every year.

01:20:09.120 And in it,

01:20:09.700 you have your income.

01:20:10.820 Made a hundred K,

01:20:11.840 lost a hundred K,

01:20:12.680 made a hundred K,

01:20:13.360 lost a hundred K.

01:20:14.220 The year that COVID happened,

01:20:16.760 they made 5 million plus in profit.

01:20:20.300 So how do you go from,

01:20:21.540 and this is income.

01:20:22.460 This isn't necessarily even just like,

01:20:25.000 like it's not necessarily loans or anything.

01:20:26.600 This is income.

01:20:27.860 You lose a hundred K,

01:20:29.440 you make a hundred K,

01:20:31.160 COVID happens,

01:20:32.020 the loans go out,

01:20:33.100 your business now makes 5 million.

01:20:35.940 Year after that,

01:20:36.780 you go back down to making a hundred K.

01:20:38.460 And then making a hundred K,

01:20:40.100 losing a hundred K.

01:20:40.980 So there was an anomaly.

01:20:42.180 This came out,

01:20:42.820 I think by the New York Post,

01:20:44.660 right after Thanksgiving,

01:20:46.340 I think.

01:20:47.800 And they highlight this.

01:20:49.060 And it's like,

01:20:50.880 was the corruption around these PPP loans,

01:20:53.640 these,

01:20:54.140 you know,

01:20:55.040 COVID loans,

01:20:56.320 did this get up to the degree that the politicians were benefiting from this too?

01:21:00.820 And it seems like it did.

01:21:02.640 So that's again,

01:21:03.960 like the,

01:21:04.960 that frustrates me because that we have a family company.

01:21:07.780 We sell sports compression products,

01:21:09.720 little arm sleeves.

01:21:10.420 We don't necessarily have employees,

01:21:12.320 but you know,

01:21:12.820 we're,

01:21:13.080 we're a small family business.

01:21:14.200 We took out a loan to survive because we sell in sports.

01:21:18.000 Sports got canceled.

01:21:19.860 We have to pay that loan back,

01:21:21.760 which is fine.

01:21:22.580 We knew that when we took it out that we have to pay this loan back,

01:21:25.380 but that loan money didn't go towards profiting us.

01:21:28.360 It essentially went towards sustaining us.

01:21:30.780 We had to pay it back though.

01:21:32.100 Now that loan to Pelosi,

01:21:34.060 the $5 million that she makes,

01:21:35.900 it comes in as income.

01:21:38.060 You don't have to pay it back because it,

01:21:39.960 it's just so messed up.

01:21:42.460 It's disgusting.

01:21:43.280 Yeah.

01:21:43.560 It's in,

01:21:44.540 again,

01:21:45.400 I don't come from any of this stuff.

01:21:47.740 I don't,

01:21:48.300 nothing about the politics and how it was before we started tracking.

01:21:51.340 And it just shocks me of like these rules for the,

01:21:54.440 and not for me to the every single aspect of our lives.

01:21:59.780 You should be shocked by it.

01:22:01.160 You should fight against it.

01:22:02.260 You are.

01:22:02.900 I hope you get,

01:22:03.960 ironically,

01:22:04.420 I hope you get rich,

01:22:05.520 but it's it.

01:22:06.740 And I really appreciate that explanation.

01:22:08.760 It was even more interesting than I thought.

01:22:10.220 Thank you.

01:22:10.740 Thank you.

01:22:11.280 Appreciate it.

01:22:11.820 And thank you again for having me on.

01:22:13.040 Dude,

01:22:13.240 you're one of the reasons I like social media.

01:22:14.960 Whenever I think,

01:22:15.560 Oh,

01:22:15.620 social media is turning everyone trans and it's bad.

01:22:18.160 Then I see what you do.

01:22:19.140 And I'm like,

01:22:19.480 no,

01:22:19.720 it's actually,

01:22:20.580 there are some great things.

01:22:21.420 And it's not just us.

01:22:23.360 I think Elon with X.

01:22:25.560 Yeah.

01:22:26.000 Saved everything.

01:22:26.760 Cause we had a Pelosi tracker on meta band.

01:22:29.940 They banned it?

01:22:31.000 Banned the first week.

01:22:32.040 Yeah.

01:22:32.460 Why?

01:22:33.280 Uh,

01:22:34.420 I think in their disclaimer and stuff,

01:22:36.540 whatnot,

01:22:36.920 they said they can't use the name Pelosi tracker.

01:22:39.000 You can't criticize any politician from the Bay area where they're based.

01:22:41.820 And so we then created it.

01:22:43.400 We did the politician trade tracker.

01:22:45.080 So we're on Instagram now,

01:22:46.460 but,

01:22:46.660 but Elon with X in the,

01:22:48.600 uh,

01:22:49.080 the citizen journalism that's going on.

01:22:51.420 I think that's like the,

01:22:52.580 the biggest thing that I get.

01:22:54.040 I'm proud of is like in the,

01:22:57.320 whether these news,

01:22:58.280 CNNs,

01:22:58.820 Fox news,

01:22:59.440 NBCs,

01:22:59.960 and I don't know how they're going to adapt to it,

01:23:02.100 but they have to figure out a way to hit the masses through social media.

01:23:08.800 And the best people at it are these citizen journalists on X that are doing all this work that are uncovering these stories.

01:23:15.880 They may not have all the facts.

01:23:17.100 They may not be a hundred percent right.

01:23:18.840 There's probably some grifters out there,

01:23:20.460 but at the end of the day,

01:23:21.540 the conversation is being had and it's a step in the right direction.

01:23:25.120 Oh,

01:23:25.260 it's wonderful.

01:23:26.080 Everything about it is wonderful.

01:23:27.300 Thank you for taking this time.

01:23:28.500 Appreciate it.

01:23:28.900 I do.

01:23:29.180 We want to thank you for watching us on Spotify company that we use every day.

01:23:37.480 We know the people who run it.

01:23:38.400 Good people.

01:23:39.680 While you're here,

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The Tucker Carlson Show - February 26, 2025

Nancy Pelosi Stock Tracker Chris Josephs： How to Get Rich by Investing Like a Politician

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