Congressional Insider Information Helps Returns

her husband dumped 5,000 shares of Microsoft stock worth an estimated $2.2 million in July — one of their largest sales in three years — a few short months before the FTC announced an antitrust investigation into the tech giant.

They also sold 2,000 shares — worth an estimated $525,000 — of Visa stock, less than three months before the credit card company was hit with a DOJ monopoly lawsuit.

Their best trade though might have been exercising a call option in December they bought in late 2023 at an estimated premium of $1.8 million, allowing them to nab 50,000 shares of hot AI chip stock NVIDIA for $12 a pop — less than one tenth of its market price.

In total the couple paid an estimated $2.4 million for the investment, which on paper is now worth more than $7.2 million.

I guess we know why congresscritters leave Congress rich.

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