Earlier this week, Nancy Pelosi disclosed another $13.5M of new stock trades
At the time, 140,000 everyday Americans had $510M invested alongside the Pelosi Tracker Portfolio on Autopilot
In a world where gambling is taking over everything, Its so much better to have that 'risk' be in individual stocks
And the Pelosi Tracker is a perfect example
People treat Autopiloting Pelosi like a meme, but the actual portfolio is pretty fundamental
It's mostly $NVDA, $GOOGL, $AAPL, $CRWD, $INTC
So when Pelosi disclosed her new trades this week, most bought alongside her without having to research or place the trades themselves
People clearly want ways to take risks with their money, and that's not going away anytime soon
But It's so much better to do it by owning stocks vs placing bets
After running the Pelosi Stock Tracker for 4 years, the question I get most is
"how does $500 million trading alongside Pelosi actually work?"
So here's the answer on how it all works
In 2022 we rebuilt Pelosi's portfolio from her public filings and put it on Autopilot which at the time was a novel idea bc didn't even know politicians could legally trade to begin with
Autopilot itself was our pivot from an earlier app, Iris & is the first platform where you connect your own brokerage and trade alongside another portfolio automatically
Some call it 'copy trading', but it's not. It's a completely new approach to how you decide what individual stocks to buy.
Because "why pick your own stocks, when you could have the Speaker of the House do it for you?" (I love coming up with these slogans lol)
But the way it works is simple
1. Pick an investor (Pelosi, in this case)
2. Connect your brokerage (like a Schwab, Robinhood, Public)
3. Set an allocation
From there, every time she files a new buy, your account buys too
So for example, if you've got a $50k in a Public account & allocate $10k to Pelosi ... any buy Pelosi makes, your $10K will make that same buy automatically
Today, 125,000+ people have connected accounts and allocated over $530 million to mirror her trades, w
Which already is insane because that's more capital than many professional investment funds manage (the irony)
"Aschenbrenner's stock picks consistently go viral on social media and on Wall street"
"There's even a trading app that scans Situational Awareness's filings & lets it's users buy the same stocks"
S/o @rudegeair for shouting out our Aschenbrenner Tracker on the Wall St. Journal
Now let's hope the man bounces back
Yet another Holy Sh*t moment ...
@joinautopilot was just mentioned on the floor of the house while debating a bill to ban congressional stock trading
"35 members of congress beat the S&P500 last year"
"One of the biggest stock trader wins in this is an app called Autopilot"
"That tracks the trades of Nancy pelosi and her husband"
When we started Autopilot & the Pelosi Tracker, our goal wasn't initially to make people tons of money or build this huge following
It was to expose the hypocrisy of politicians trading by building the first way for retail to trade alongside them
Because what better way to highlight that hypocrisy, than to literally get involved in it.
Now on the app, she alone has 140,000+ everyday Americans investing $ 500M+ alongside her personal stock picks
It's just pretty insane to see how big it's gotten
After running the Pelosi Stock Tracker for years, the biggest misconception I always hear is "But what about the delays?"
Well Debbie Schultz disclosed this trade on 11/20/24
If you mirrored it the day it became public, you'd be up 1,000%+
The delays affect performance a lot less than people think