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Unknown A
So Nancy Pelosi stock tracker is one of those things that I first saw on X on Twitter, and I thought, this cannot be. This is obviously fake. In fact, I didn't even consider for a second that it could be real. And then I was sent it by a buddy of mine who spent 30 years on Wall Street. Have you seen this? And I was like, is this real? He's like, it's totally real. We're just talking off camera. It's like, at 55, it's shocking for me. It's hard to accept how corrupt the leadership of the country is. It's like I almost can't metabolize it. But I don't think anything has put it into clearer relief than what you have done. So you run Nancy Posey stock trackers. It's incredible. I'm first. I'm really glad to meet you.
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Unknown B
Yeah, no, appreciate that you're real.
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Unknown A
Who are you? Where are you from? How'd you. How'd you do that?
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Unknown B
Yeah, how'd the whole thing start? I mean, I'm 29 now. At 25, would I say that? You know, looking five years from then, I'll be running a Pelosi stock tracker, building an app with the slogan invest like a politician. Having that thing become a thing. No, I don't think I would have ever gotten to that. So at 25, I was actually living in Bali. I quit my New York City job when I was doing finance, and I started working on my family company where we would sell sports compression products.
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Unknown A
Yes.
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Unknown B
Like little ones with numbers on them, custom ones that you would get for your kid, for, you know, peewee football.
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Unknown A
Yeah.
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Unknown B
And I was so sick of the finance grind in New York that I was like, I'm going to work on this family thing. I'm going to try and take it up to another level. I'll go travel around, move to Bali. Was doing. Working out there for probably like six or seven months. Moved back to Boston is where I'm from. Then went up to New Hampshire, became a snowboard instructor. Was working on the ski slopes. Yeah, There's a whole story behind it. I was working on the ski slopes as a snowboard instructor.
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Unknown A
Where in New Hampshire?
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Unknown B
Bretton Woods. Great, great mountain. Very family friendly. And this is my fun. We're all up there. And then when Covid hit, moved back in with my family. And then that's how I connected with my co founders, Brian, Aaron and Scott. They're out in la, and there's a whole story on how I essentially connected with them. Which we can get into. But we started building an app together and long story short, I'm sure we'll get into the majority of this stuff. We essentially built out on a tech side the first way to follow your friends stock portfolios. So if you had a Robinhood and I had a Weeble or a Fidelity, we would connect it to our app and you can get push notifications of when you know a trade would happen. I was the co founder of it and I was in charge of the growth and one obvious way to do it, this was during the GameStop era was let me build a Nancy Pelosi portfolio.
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Unknown B
You know I'm seeing on Twitter, I'm seeing on TikTok, I'm seeing on Instagram politicians crushing it and them getting called out for their trades. Especially during COVID you know.
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Unknown A
Well, I never will forget it.
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Unknown B
Yeah, you covered it. The Richard Burr.
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Unknown A
Yeah, I knew Richard Burr. I was never against Senator Richard Burr of North Carolina and I saw that and it was, it looked like corruption to me. I was disgusted by it.
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Unknown B
They got investigated by the doj, investigated by the sec. Nothing happened. And that story is insane. And I think that story was where it really started to just give us.
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Unknown A
The outline of it for people.
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Unknown B
Yeah, yeah. So unusual whales. He's an account on X. He was the one that initially started all this. So the Pelosi tracker, you know him? Yeah, yeah, yeah, we work with him. He great guy.
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Unknown A
I love his. I don't know his name or anything about him, but I love that feed.
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Unknown B
Obscure guy, doesn't want the world to know about him, but he actually takes deserve so much credit for this stuff. I don't think anyone would be Unusual Whales on Twitter. Yep, he is the one that would essentially call them out. At the beginning he started the Pelosi tracker in a way he was calling out the politician stuff. And then the Pelosi tracker came probably in 2022, but he started in 2020 and I think Richard Burr, that whole story started because unusual started calling it out. The story behind the Richard Burr is around his Covid trades and it was a full on scandal. You covered it at Fox News. The story is on February 7, 2020 he wrote an op ed with another senator saying hey Americans, don't worry, Covid's not that bad. We're keeping an eye on it. Everything will be okay. While he has and writes that op ed, he's getting insider kind of details because he sat as the chairman of the Senate Intelligence Committee while he was running that op ed.
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Unknown B
So While sitting as the chair of the Senate Intelligence Committee, he's getting private meetings saying hey guys, Covid is actually way worse than we think. This is not going to end the same way that people expect. Be ready for some sort of rapid response.
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Unknown A
And the head of ssci, the Senate Select Committee on Intelligence is, is a major player in that's. He's not just an average senator. Like that's a very important position in Washington, in this country, in the world. And so he would have access to a lot of information that fellow senators wouldn't have access to.
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Unknown B
Exactly. And he was tasked with partly like get ready for a response. You know like once Covid hits, we think this is going to be bad. Get ready for a response. Have the like your materials ready to tackle this situation. So he probably knew the severity of it to a 10x what the everyday American and also probably what other senators and representatives did as well. So if you follow the timeline though, February 7th is when he wrote that op ed. February 13th is the day that he went and he sold off $1.65 million of his entire retirement account. So a week after he told the American account, not only just a normal kind of investment account, his retirement account, he sold the whole thing.
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Unknown A
Is it fair to say for non investor just to inform the rest of us who are not familiar with the details to sell off your retirement accounts.
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Unknown B
Like you're not dicking around that no, no, no, no. Yeah, the retirement account is something you don't touch. Like those are the simply buy and hold, you know, never touch them forever. But selling off that to that degree is extreme and I think is what caught a lot of people's attention of like you don't just do that. You know what?
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Unknown A
Yeah.
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Unknown B
You don't just do that while you're the chair of the Senate Intelligence Committee, you know, but to make this, this is why this is, this is what I get passionate about. It's like I'm not even a political guy. Like I'll tell you the whole story of how this started. I didn't grow up being obsessed with politics. I just citizen journalists kind of see the opportunity and be like this is fucked up.
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Unknown A
We should stop this.
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Unknown B
The story though then goes February 13, he sells off 1.65 million. Thirty minutes later he calls his brother in law and him and his brother in law have around a two minute conversation. The brother in law hangs up the phone, calls his financial advisor. His financial advisor doesn't pick up. He then calls his second financial advisor. They pick up, they have around a 30 second conversation. He then goes off and sells off $265,000 of his own portfolio. So now you got the senator who's the head of the Senate Intelligence Committee calling up his brother in law, them having a conversation and then the brother in law going and selling off 30 seconds after that conversation. Now I don't. That's sketchy as hell to me.
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Unknown A
The weird thing is that I know the brother in law was my neighbor and a super nice guy and I sort of knew Bird, not really, but kind of, you know. And so when you live in, and I'm only saying that it's not unusual that I would know them because I lived in Washington my whole life. But that's kind of one of the reasons we have all this corruption is that everyone knows everybody else.
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Unknown B
Yeah, yeah, yeah.
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Unknown A
And it's just impossible to believe that someone whose house you've been at many times and I have would do something like that. It's just hard. The closer you are to something, the harder it is to like having an.
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Unknown B
Alcoholic spouse a thousand percent in like the other argument to be had is like, you know, around February 13th. I don't remember it, you know, I don't remember the headlines that were coming out. Like how extreme was that? If you're the brother in law, of course you sell out. You know, it's like, it's not like you're necessarily going to listen to that, read all the headlines and do nothing about it. So it's not even necessarily his fault for selling. And I don't think like that's where the insider trading necessarily happens. I think the culprit is the person who makes that initial phone call, which is I think where the investigation of.
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Unknown A
Course, so then what they do with.
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Unknown B
The money they keep. So they, that happened on February 13th. And then the storyline goes. They started having private. Richard Burr started having private conversations with his donors and then the donors were starting to set all this stuff up a month later that not even a month, three weeks after that, around March, early March is when the market fell 30% and they saved themselves millions. That all gets blown up because of again unusual whales. The SEC gets involved, the DOJ gets involved. They then find nothing. Well, they find all this information. That's how we know about the text. The FBI came in, but they don't charge them with anything. Nothing happens. Richard Burr retires. And you know, it's just like again we were chatting about this off camera. I'm 29, I grew up with this. I'm not surprised by It I'm just like, yeah, of course the politicians kind of can build this situation where they benefit and people will come after them, they'll make a facade, no charges will happen, and they'll go off into the sunset, like.
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Unknown A
So I was raised during the height of empire, you know, our Victorian era. And you were raised in the decline of empire, sort of the post World War era. So totally different perspective. So you're much better situated to understand what's going on, to see it clearly, to not lie to yourself about it. That's crazy. So, Burr, just to let you know, since because I'm from dc, I don't think the head of the Senate Intel Committee can ever be charged with a crime because he knows too much.
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Unknown B
He had to step down too, while he was getting investigated. But, yeah, I mean, I believe it.
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Unknown A
Wow. So you're watching this just at home because you said you're not political?
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Unknown B
Yeah, I'm watching this at home while I'm building the social investing app that at the time was called Iris. So that's what's funny about I, you know, we run the Pelosi tracker. I'm not a political guy. I'm just an everyday dude. You know, I'm 26, moved out to California to build this with my friends. And then the politics stuff starts happening. And like, our mission with, with our app is to try and instill trust back into institutions. And we always wanted to do that. And our bigger picture was financial management and that whole, you know, space. But then we started seeing the politics stuff. It's like, this is incredible that they're able to do this. We have technology and we have the team that we can actually build a way for us to get involved with it. And what better way to highlight, like, the hypocrisy of politician stock trading than to build a way to actually copy them and invest alongside them.
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Unknown B
And that's like, how our app started. But at the time, no, none of that.
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Unknown A
And by the way, it's hilarious.
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Unknown B
Yeah.
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Unknown A
I mean, just hilarious.
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Unknown B
It shouldn't be.
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Unknown A
No, I know, I know.
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Unknown B
It's crazy.
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Unknown A
You have to laugh at tragedy.
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Unknown B
I know. It's working. Like, I'll get into the whole thing about how, like, this Pelosi crashed it. She was up 54% last year. We got half a million. Half a billion dollars invested alongside her. Where the app is too popular. It shouldn't be this popular with just like a slogan, invest like a politician. But I think it perfectly encompasses and showcases, like, the slogan of what's wrong with Society right now, it's not only do we not trust politicians, we now are at the point where like throwing up our hands, like fuck it, you know, if you guys aren't going to ban it, you're going to keep doing it. We're going to build a way to get in on the action and what better way to do it and highlight the hypocrisy than copying them.
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Unknown A
You're making my day.
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Unknown B
Yeah, I mean I again though, if I can snap my fingers and have it just go away, of course.
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Unknown A
But you can't, unfortunately. So, okay, so you see this and you decide that this is going on, that there's corruption, that people are, the politicians are supposed to be protecting and serving the country are actually using this information to their own advantage while the country rots. How did you discover that Pelosi was a then speaker of the House was particularly successful.
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Unknown B
Yeah, Pelosi. So Pelosi gets a lot of headlines for obvious reasons. One millions and massively outweighs the what the other politicians are trading. And I'm talking like she's trading 50 to 60 million while everyone else is trading smaller amounts. What? When she got married, I think it was in 2012 and there's a whole arc for her. She got married in 2012 to Paul.
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Unknown A
Paul.
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Unknown B
Paul Pelosi xvc.
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Unknown A
No, no, she's been married to Paul Pelosi for decades.
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Unknown B
Oh, has she? Then when, okay, then when they got married. I'm mixing up. 2012 is when the stock act started.
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Unknown A
Right.
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Unknown B
That's when they had to start showcasing it. When she got married to Paula, they were worth around 20 million. Their net worth, their net worth now is around 260 million. So you're 10xing that how she's been a career long politician making 175k. Her, her husband's very, very successful in, you know, in stocks, particularly tech stocks. It all started with her in 2020 when she bought Tesla. And this is when I personally started paying attention. And then there's, you look back and it's like, holy shit, it's been going on forever. And that actually started back in with the Visa ipo. So with the Visa ipo, she and her husband were able to get privileged ways to buy in on the ipo. No one knows how, no one knows why. And then the stock absolutely crushed it. So that was brought up on a 60 Minutes interview and that was that iconic interview from the, the reporter asking her like, do you think this should be allowed?
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Unknown B
Is this fine that you got in on the Visa and then, you know, this is 10, 12 years ago, nothing necessarily happened again. 2020 comes around Covid, so people already necessarily know about her. She now starts trading stocks again. And it's getting blown up on social media. Because while everyone's with COVID what are they doing? They're on social media and they're trading stocks. So now everyone's like acutely watching these things and paying attention. She in end of 2020, 2020, right after Biden got elected, she went and bought up to $5 million of Tesla calls. And I can go on forever about the details of these things. She's not just buying stock. Well, her husband's not just buying. She's buying these things called leaps. And what a leap is is a options contract that allows you to buy a stock and be bullish on a stock at a much cheaper cost basis.
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Unknown B
So instead of you needing $5 million to buy X amount of unquote risk in a stock for it to go up, you can actually take that $5 million and buy a leap and it gives you a broader delta so that you can make more money.
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Unknown A
Yeah.
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Unknown B
Essentially higher risk, high reward. So she goes and she's buying these leaps. She's not just buying the stocks in them. She buys leaps in Tesla. At the end of 2020, right after Biden got elected, 2021 comes around, or, excuse me, 2019 into 2020, because that was when Biden started. There's so many dates. But when Biden's first few weeks in office, he introduces the build back better 1.3, 2.33, whatever. Massive infrastructure bill. Yeah, do you remember that one? Very well. Part of that bill had tons of not only subsidies for the electric vehicle industry, but also money to build out and invest for the charging ports for electric vehicles. Because, you know, you can't just tell people to go buy electric cars. The infrastructure. Yeah. So when you start following the timeline on it, it's like, okay, Biden gets elected, she buys up to $5 million of LEAPS, which are very risky in Tesla.
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Unknown B
That agenda then comes out, the stock flies 50%. So it's not like she's actually, you know, buying things that the public wouldn't necessarily know about, but she's buying things in a high, risky way with a ton of money, in ways that the public now is paying attention to because, you know, everyone's trading stocks and they're watching Tesla. Elon, that was when the thing started blowing up. And that was the first trade that probably like, I think, retriggered everyone's mind. Into like, wait a second, you know, this may not be the sketchiest trade in the world because those things were still public, but how are they allowed to necessarily do that? How is Pelosi the third most powerful person in America? You know, president, vp, the House, the, the head speaker. Speaker. Yep. They shouldn't be allowed to trade stocks. How is this even, like, how are we allowing that?
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Unknown B
And I think like the culmination of those different intersections is why this started getting big and why people started paying attention specifically to Pelosi.
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Unknown A
How did she do on those leaps with Tesla?
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Unknown B
So she, she was up around 50% and then she sold a little bit and then it came back down and then she actually just sold those shares. Because the way that a leap works is if you, you're buying a contract and that gives you the ability to buy 100 shares of that underlying stock. It's a, it's pretty complex. Ish. But so when, when she bought the leaps, a year later, she exercises the right to buy those shares. So now she has, I think it was around like 5,000 shares of Tesla. And she's held those all up until July of 2024 this year actually. And she sold them too early. She sold them before Trump got reelected and the things started flying. But I think she was up around 40 to 50% in total from that Tesla trade. Her best ones are Nvidia. Nvidia is a whole nother story for her.
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Unknown B
But on that Tesla, one in particular, I think it was like 40 to 50.
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Unknown A
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Unknown B
So Nvidia is the second trade that got the masses attention for people to know.
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Unknown A
Tell us what Nvidia is.
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Unknown B
Nvidia is a semiconductor. They're essentially the, the most popular stock and the best company. I think they're worth more than Apple now. They're the most valuable company in the world. They sell the chips for semis and like they have a whole broader thing beyond just that. But essentially they're a semiconductor company. They buy and sell chips. So in 2022, that's when the chips act. If you remember this $54 billion chips bill that Biden and Pelosi pushed, she bought. And this is where social media again, why it's powerful. And the pressure started building up to her at this point because people were following the trades, the markets were crashing it. She was crushing it. In 2021, when 2022 came around, the Chips act comes out. $54 billion of infrastructure for chips and subsidies for them. She bought Nvidia, I think a couple months before that.
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Unknown A
Oh, come on.
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Unknown B
Yeah, yeah, yeah. It's this. The problem with her is every trade is suspicious. There's never a trade that you just are like, okay, you know, I could not. And I'll get into them without. There's a couple more I can get to. But with that Nvidia trade in particular, she bought it. The CHIPS act comes out, we start making TikToks. We started tweeting about it and then everyone's like, what the fuck? What's going on with that? She then sells it for a loss because the, the stock was already coming down. This was when the market started falling.
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Unknown A
Yeah.
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Unknown B
And she ended up selling it for a $300,000 loss. She sold it all because I think the public was starting to be like, what the fuck? How are you doing this when we're already calling you out and you're still continuing to do it? She sold those things for a 300k loss and then she sold her shares for a 200k loss. So she lost money on that first Nvidia time. But the interesting Thing about that is per these filings and the way that the filings work is the Stock act requires politicians to disclose them, their spouses and their dependents of any trade up to 45 days. On that trade in particular is the only time she's ever publicly said her profit and loss. So never before, never since then, only in that filing was when she said hey everyone, I lost 250k in Nvidia, get off my back kind of thing.
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Unknown B
She's never done that for when she's profited, she's only done it when she's lost.
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Unknown A
Interesting.
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Unknown B
Yeah. There's so many things with her. She. The filings she sends out are always before holidays. So she's notorious in our community for releasing reports around Thanksgiving, July 4th, Christmas. And I think the argument is cuz like if you put it on December 23rd, everyone's going off to vacation. No one's.
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Unknown A
Yeah. Track it gets lost. Yeah.
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Unknown B
Gets lost in the media drop bad news on Fridays.
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Unknown A
That's the.
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Unknown B
Exactly. Yeah. She this year she dropped it on July 4th. That was when she dropped all of.
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Unknown A
These previous Happy birthday America.
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Unknown B
I know, yeah. But so that Nvidia trade goes on, she loses money. The whole market was doing bad in, in that year so she didn't do too well in that. That I think it was 2022, 2023 comes around, the market starts going up again and we have all this information which I could probably get to, but she then re buys into Nvidia at the end of 2022 or at the end of 2023, excuse me, in November she goes and buys $5 million worth of leaps again those leaps. Then right after she buys there's no, no, no laws or anything that comes up after that. It just turns out to be a tremendously well timed trade because from there in video goes up 160, 170%. And on that trade in particular she then bought a little bit more. That 5 million is. And the ranges are hard because the way that these filings work is they have to file from 1k to 15k is one little check.
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Unknown B
15k to 50k, 50k to 100k, 100k to 250k, 250k to 500k, 500k up. So we're going off of the ranges. So you don't know the exact amount that she's buying. But that Nvidia trade is the best trade she's ever made that we followed in recent memory. And she's up around like 140% on that trade in particular. And like, this is millions. It's not like it's, you know, 50K. It's up to $5 million. That $5 million could be worth 7.5 million now. And she's just quiet about it, doesn't say anything when we call her out.
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Unknown A
How long have you been doing this?
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Unknown B
We've been doing it since 2022. So we've tracked her in particular. And let me be clear, it's not just her.
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Unknown A
No, I know. I've got a bunch of questions.
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Unknown B
Yeah. Crenshaw and them. But, yeah, we've been tracking her since 2021.
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Unknown A
You know, you look at. If I look to the Congress, who are the filthiest members of Congress? Well, Dan Crenshaw would be right at the top with Pelosi.
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Unknown B
Y.
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Unknown A
And. And it's not surprising that they're.
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Unknown B
No. And he. He's interesting because.
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Unknown A
Hold on, before we get to that. Yeah, he's. His whole thing. Yeah. But I just want to close up Pelosi for a sec. So you've been doing this for two and a half, three years on Pelosi.
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Unknown B
Yep.
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Unknown A
And gotten. You said you've never done an interview before, which is very weird.
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Unknown B
No, no.
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Unknown A
But a lot of people I know read you, you know, a lot. So she's gotten a lot of scrutiny because of what you've done. Has her office ever reached out to you in any way?
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Unknown B
No, office has never reached out. And again, like, the crazy thing about this stuff is we took this whole thing a step further by building our app Autopilot. And Autopilot, the way that it works is you literally can go and invest alongside these politicians. So it's one thing to be like, oh, fudge you, Pelosi. You know, you're trading in front of us. And then it's like, oh, wait a second, you're crushing it. Like, whoa. And now it's like, now I can invest alongside them because. So I can get in on the action. And I think, like, allowing people to get their money in makes the whole thing kind of just more hypocritical and funnier. So Pelosi, since we've been tracking her, is up 87%. That's from, I think, around May of 2021, outperforming the spy by 50%. Since. In that time period, since we've been doing this thing, we now have $300 million literally investing alongside her.
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Unknown B
People have profited $30 million trading, doing whatever she does in that time period, give or take. And her pub, her office has Never reached out. She's gone on, you know, been questioned in the, the press conferences, being like, do you think you and members of Congress should be allowed to trade stock? And she's like, yeah, well, it's a free economy. Like, if it's a free market, we as citizens should be able to trade.
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Unknown A
But of course, it's not a free market. And her example shows you what a rigged market it is. Yeah, of course. I mean, she's so, yeah, she's benefiting from information that she has because of her position. She's not allowed to do that. She does it anyway. It's a crime. She should be prosecuted. It's certainly a moral crime. So give us some perspective. So she's up this fantastic number relative to like average investors, informed investors, like, how well is she done?
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Unknown B
Yep. So last year in particular, and this is probably we. And let me be clear. So we're not tracking, since it's hard to know the exact amount and it's hard to track her actual trades. So what we track is the filings of it, and they're roughly the same because they, they don't, they don't get displayed or filed too, too long after. So in 2024, for example, she was up 54%. The market was up around, I think, like 26 or 27. So she personally outperformed the stock market, you know, the broader S and P, by 20%, 25%. We also have these other trackers that track the, the hedge funds. And there was a report from Bloomberg where she actually outperformed, I think, like 95% of professional hedge fund managers. And when you take a step, it's like, what is good? What the. The politicians, unusual. Wells has a report in 2024 and she was only the seventh best trader.
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Unknown B
There were traders that were better than her.
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Unknown A
The funny thing, I was talking about this yesterday with a buddy of mine who's in business, but you often see retired politicians decide they're going to go get rich in business, in finance usually, but, you know, in some form of PE or whatever that they think they're going to get. And they are all terrible. Like, there's not been. We're talking about Pompeo thinks he's going to get rich. Or Pompeo. And like, no one wants Pompeo because he's like an idiot. Isn't. This is not his area. And he's. Well, I should say he's not. He's smart, but he's not a business guy now. And politics and business are very different. So it's especially striking to see this is the only way politicians can make money is through insider trading.
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Unknown B
Yeah, I know.
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Unknown A
Is that fair to say?
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Unknown B
Pretty much, yeah. It's. That are books.
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Unknown A
Exactly.
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Unknown B
It's a book. And honestly, Netflix specials now. Yeah, the Clintons with all that stuff. But she again is extreme because you just trade so much. The other politicians, they're trading on lower levels and. But I think like the, the, the bigger thing that we're trying to do with all this stuff is like we don't want them trading again. Like we think that it's messed up. It creates distrust in the politicians. Of course, it's not like we don't. Me personally, it's not like I am, you know, saying, hey, you guys can't do that because you're getting rich. Like obviously that's a piece of it. But it's more of like, hey, you guys can't do that because the average American can't do that. And we're all just looking at you guys.
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Unknown A
Well, it also influences their policy making behavior. Yeah, I mean of course it, it sets up incentives that you don't want to have in your legislative branch at all.
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Unknown B
Yeah. And you know the saying, like, show me the incentive, I'll show you the reward.
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Unknown A
It's like, that's exactly right.
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Unknown B
You're gonna. The war ones are crazy too. Like there's so much that you can get into.
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Unknown A
I, I have trouble laughing at that. That, that actually makes me feel like these people are going to hell. But I want to ask about that in two seconds. But first, you said she's the seventh.
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Unknown B
Yeah.
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Unknown A
Most successful congressional trader who are in 2024.
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Unknown B
So the other ones off the top and this is all unusual on unusual Wells is Twitter. We work with them. He actually took some of the portfolios and he put them on our app. So now people can go in and they can trade alongside not just Pelosi, but other ones too. David Rouser was the top one and I think he, he made a lot of money in Nvidia. He also owns some other smaller ETFs. So he wasn't. He doesn't trade that much. So he. These are stocks that he's owned for a while.
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Unknown A
Yeah.
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Unknown B
Debbie Wasserman Schultz, she's now a two time top five political stock trader.
-
Unknown A
Speaking of filthy.
-
Unknown B
Yeah, she, she gets a we. So we run the Pelosi tracker and we also have a politician trade tracker on Instagram and TikTok that each have, you know, 800,000 on TikTok. We have around 100,000 followers. She gets. People don't like that woman.
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Unknown A
Well, nobody likes her.
-
Unknown B
Yeah.
-
Unknown A
So she was bounced out of a leadership position in the Democratic Party because people disliked her so much personally.
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Unknown B
Yeah. And she honestly is one of the, the five or six that I personally track like that I know a decent amount about because of how many times she has conflicts of interest which, what she trades. For example, she bought this company called viasat. And what viasat does is they're a military contractor. They're like a Starlink.
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Unknown A
Yeah.
-
Unknown B
Like Elon's thing. But they do the communications for the military. They get hundreds of millions of dollars of contracts from, you know, this or that. She sits on the committee that oversees military construction. And it's like, I'm watching you trade this stock. You know, even aside from performance, I'm watching you buy and sell a military construction company while sitting on a committee that oversees military construction. How is that allowed? I. I don't know. Another one was she bought a mining company called Helka Mining with ticker symbol hl. That stock has been fluctuating here and there and I think she is up around 15% on it. She sits on the energy. One of the energy resources committees. And it's like, what are we doing? You know, how do, how do they allow.
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Unknown A
What are we doing? Well, we're watching corruption happen and it's, and it's destroying any confidence people have in their government. It's priming the country for some kind of revolution, hopefully a peaceful one, but a revolution anyway. This can't, this can't continue in a democracy. So tell us about my all time favorite member of Congress, Dan Crenshaw.
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Unknown B
Yeah, yeah, yeah. So he's a, he's a tough one. He's a, he's a hothead on Twitter now.
-
Unknown A
He's out of control.
-
Unknown B
Yeah, he's. I don't understand why he's taken this stance a little bit.
-
Unknown A
Because I used to be. Personal life is out of control.
-
Unknown B
Yeah. Because he used to be like a right wing darling. Like he was, you know, with the Navy SEALs, I think, early, early on. I don't know.
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Unknown A
With me, I always thought he was a freak and a warmonger.
-
Unknown B
Really? Yeah.
-
Unknown A
Weirdo. Yeah, he's a fre. Warmonger.
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Unknown B
But yeah, he's showing it now. Did you see the free press? He did, where we posted this. He essentially comes out and he's like supporting political politician stock trading. He's like, if you get rid of it, you're going to get crappy politicians and it's like, what are you talking about? You know, like, we're not asking you guys to.
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Unknown A
That's like saying if you don't allow the police to shake down speeders at gunpoint, you're going to get a worse kind of copy.
-
Unknown B
Exactly. Yeah.
-
Unknown A
It's crazy.
-
Unknown B
It's. It's. Yeah. So he had a fiery one with the Free Press probably about like two months ago, right before Thanksgiving. I saw that his portfolio, though, in particular, he's up around like 48 to 50%. And all of this, you know, I got to say this for compliance reasons, like, you can see all this on our app. You know, it's all right there. So I may kind of be depending on the day, but he outperformed the market. He was right below Pelosi.
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Unknown A
The stocks, an idiot, though. I mean, with no business background that I'm aware of. So, like, how would you do that?
-
Unknown B
His stocks. The one that in particular that really frustrated me about him was Meta. So he. With the stocks that he's buying is his portfolio is comprised of Meta, which he's crushing it up like 200. He bought the dip perfectly back in 2022, I believe, like pretty much perfectly. The things started flying. He bought Amazon, he bought FAs, which is like Finance ETF. He bought the spy, and then he bought Wynn Resorts and then he bought some other company. The, the stock though, that crushed it for him was Metta. And the part that I get annoyed about, you know, aside from TikTok bans this and that, you can't. He buys the stock a couple months later, starts pushing and publicly vocalizing like, hey, everyone, we should, we should ban TikTok, you know, and it's like pretty convenient to say when you own TikTok's main competitor.
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Unknown B
And every time you're saying that the stock is going up 5%, he then goes off and starts asking for the ban on. And again, like, I, I feel like I'm Pretty Pro ban TikTok, so there's a whole world with that. But he then goes off and votes against the bill to ban TikTok. So now you got a politician that is buying TikTok's main competitor, Meta. You're then publicly talking about how you want to ban it from government con, from government officials phones to then voting on the bill to ban TikTok, all while the stock has gone up 200% while you've owned it.
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Unknown A
And this is like, you're shocking me.
-
Unknown B
Yeah, I'm numb to it.
-
Unknown A
And when. And when he gets called out on it. And this is one of the reasons I dislike him and I do think that he's. There's a lot wrong with him personally, so I do feel sorry for him. A lot wrong. I mean, I know that. But anyway, leaving that aside, the reason I don't like him is because he's self righteous.
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Unknown B
Yeah.
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Unknown A
If I catch you shoplifting and then you punch me in the face and scream how you're being victimized, I can't deal with that. Just admit your shoplifting, say sorry and I'll give you and move on. But don't yell at me.
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Unknown B
Yeah. Or even just help the conversation be like, yeah, I mean if you guys are allowing us, like I'll vote on it this and that. Like just be open and be transparent about it.
-
Unknown A
Yes.
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Unknown B
You don't have to attack and you know Gaslight.
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Unknown A
No, that's exactly right. That's exactly right. And boy is he a specialist in that area.
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Unknown B
Yeah, yeah, the Free Press one, I would reckon I'll send it to you, I've seen it. Yeah, yeah, that one gets my blood boiling because it's like what frustrates me about this stuff is you can't sit on the committee, you can't be voting on these things. You can't do it all, be doing all this stuff in front of the American public. Meanwhile, I have a friend that is a consultant at EY or Deloitte, he can't trade individual stocks. I got friends in banking that can't trade individual stocks. It's like, why can you not let the low level analyst that JP Morgan buy Apple? Meanwhile you got these politicians buying up this $500 million military construction company all right in front of us.
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Unknown A
I know the answer. You want to hear the answer? Because after the financial crisis that Congress helped cause, Congress runs in with Dodd Frank, Chris Dodd and Barney Frank, member of the Senate, member of the House, both Democrats. And they come up with all these regulations that are supposedly going to protect America from future disasters of this kind. And they pass these so called reforms, destroy the banking sector, really don't make it less corrupt, just kind of wreck it. Take all the innovation out of it. And then they don't apply those same standards to themselves. Right. I mean that's kind of the short rules for the.
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Unknown B
Not for me.
-
Unknown A
Is that a fair.
-
Unknown B
Yeah, a hundred percent. And what's the history of the Stock Act? It started because of the housing crisis.
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Unknown A
Yeah.
-
Unknown B
So it was initially introduced in 2006. And the stock act, literally what it says is stop, stop trading on congressional knowledge that's what it means. So if you have a bill that literally says stop trading on Congressional knowledge as the name of the act, you know that there's something already sketchy going on. And why was that? Not a thing to begin with.
-
Unknown A
And so what happened to it?
-
Unknown B
So in 2006, it got introduced. No politicians cared about it. You know, whatever. After the housing crisis, they found out and they realized that there were around 33 politicians that set their portfolios up. After talking with the officials at the Fed and the people building up the monetary policy, they reconstructed their portfolios while that whole crisis was going on. They didn't have to display or publicly talk about it because the Stock act wasn't announced. All that stuff came out after that, like, oh, while the housing market is crashing and Americans are losing their homes left and right, these politicians are moving millions, reconstructing their portfolios after getting out of the meetings with the Fed officials. So that's how it came back onto the center stage. The Stock act then gets introduced in 2012, and then it gets passed shortly after that. What is crazy in my head, though, is, like, what the heck was going on before it?
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Unknown B
Yeah, like, what that, I think, was we were talking off camera. Like, our generation, we grow up with it, and we're used to it now because of things like that. It's like, how can they have not had any limitations before 2012? What were they doing?
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Unknown A
You know, I can't answer your question clearly. It's been very corrupt for a long time. Well, they murdered the President of the United States in 1963, and no one was ever held accountable for it. So, you know, looking back, you can say, boy, we've had big problems for a long time. But I can tell you someone who grew up right in the middle of it in D.C. in Georgetown, while this stuff was going on. Like, when. When that Covid. Those Covid trades. You started our conversation by describing. Kelly Loeffler was involved in that and all this stuff. I was like, part of me, even. I think I was the only person at Fox News who did anything on it, because it was a great story. But even as I was doing the story, I was like, there's got to be another explanation. This can't be real.
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Unknown A
Trading on a pandemic. Insider trading on a pandemic. I was like, you have to be a monster to do that. This can't actually have happened.
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Unknown B
That was me with the Pelosi tracker. Every day in the early days, I remember a couple of these trades, and there's so many now. But I remember calling my dad up and I'm like, wait a second. Like, is this actually, like, are they actually trading? It's not just Mike McCall. I can't remember the specific trades. I think it was him.
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Unknown A
But no one where I. Here. I'm talking about poor Dan Crenshaw, who's just, like, totally unbalanced. That won't end well. But Mike McCall is, like, now we're getting really sinister.
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Unknown B
Yeah, yeah, he. I'm trying to remember the trades because he sits on a lot of the intelligence committees, or not a lot of the big committees, and he's trading millions. But it's not just Mike McCall. Yeah, I think so. I think so. He's in particular because he's really hard to track. We know this in the world of us, quiver, quant, usual whales, we're the ones that do this. He manually fills out the filings by hand so his trades don't get picked up by the majority of. I'm 99% sure I can confirm that. But, yeah, he and his trades, I think, are weird because it's him. It's the. The dependent and the. The spouse. The trades, they come in kind of as the same. So there's an argument that maybe Mike McCall's trades are from a. From a financial advisor. But if he can tell us, you know, we.
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Unknown B
We tag him on Twitter, it's like, you guys can just tell us what's going on with him.
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Unknown A
He doesn't care. A couple years ago, he. Somebody said. I was talking to Mike McCall, and he described you as a Russian agent.
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Unknown B
Really? Oh, so he's Russian agent, one of these guys.
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Unknown A
So I call Mike McCall, and I said, listen, bitch. Can I call you bitch? I. You. I think I said exactly that. You told him I was a Russian agent. You know, like, I'm from this country. I'm. I feel like I'm pretty patriotic and. Did you say that? And he said, I did say that because the intel briefers told me that. And I said, how old are you, son? I think he's older than I am. You believe your intel briefers?
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Unknown B
Yeah.
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Unknown A
And he said, yeah, I do. I gotta give him credit. I mean, he took my call and the whole thing, but I was like, this guy is the most controlled, scary, stupid, but also scary person I think I've ever dealt with in Congress ever. So I guess I'm not that surprised that he's. What is it with Texas Republicans anyway?
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Unknown B
I don't know a lot of them. I mean, you go a little bit north to Oklahoma. And Mark Wayne Mullen's an interesting one, too.
-
Unknown A
What do you.
-
Unknown B
Really. I don't know too much about his. He's a fiery guy, too.
-
Unknown A
Yeah, he was threatened to beat somebody up.
-
Unknown B
Yeah, he was. Sean O'Briensters, the Teamsters president. Yeah, yeah, yeah. During that. Yeah. We built a whole thing.
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Unknown A
I like Sean O'Brien for the.
-
Unknown B
Right. Really? Yeah.
-
Unknown A
Good guy.
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Unknown B
I don't. So that's. What's the thing that's interesting about me, again from my background, is I don't know anything about these policies. I'm not like a political person. I call out. We call out the politicians. The Democrats, like the New York Times came out with a report in 2022 that said that 180 politicians traded over 3,700 times. That totaled over 110, $115 million of volume in from 2019 to 2021. Out of those, it was literally half, pretty much half Democrats, half Republicans. So they're all doing it. Of course, out of those 180 politicians, 90 of them sat on committees that directly oversaw companies that they traded. And you're like, okay, well, so that sounds like a conflict of interest. And then that's what sparked me to get really into this and being like, what actually are the trades that are going on? Are they outperforming?
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Unknown B
Why are these random companies being bought? And Mike McCall in particular, he checks this kind of box a lot. He, for example, bought this stock in a company called Badger Meters earlier this year. Badger Meters does a water meter solutions. Don't know much about it. It's just freaking water meters. Two billion. $3 billion company. Turns out that the EPA, a couple months, to be fair, before he bought, signed a mandate saying that all these water systems have to upgrade their technology. Beneficial for Badger Meters stock goes up. You then do some further digging, and then you realize that Tulsa, Oklahoma passed a $94 million bill to upgrade their own water meter systems right around the time that Mark Wayne Mullen bought Badger Meters. Oklahoma. Tulsa, Oklahoma, is the state that Mark Wayne Mullen represents. He's the senator of it. So then you're like, EPA passes.
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Unknown B
Thing, passes the requirement to upgrade the water systems. Senator buy stock. Senators home. Home state gives $100 million to upgrade water meter systems. Pro for Badger Meters Stock is up 50%. I think he's up like 48% on that badger Meter.
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Unknown A
I mean, I'm not an investor, so. But I've never heard of Badger Meters.
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Unknown B
Neither have I.
-
Unknown A
Okay, good. I feel better.
-
Unknown B
Yeah. Yeah. None.
-
Unknown A
So you have Two prominent politicians in the congress buying Badger Meters in the same period.
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Unknown B
Just him.
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Unknown A
Oh, this is just Mark.
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Unknown B
This is just Mark Wayne Mullen.
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Unknown A
Yeah.
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Unknown B
And that's no other politicians are buying. I've never heard of Badger Meters. I don't know anything about the company. But when you, when you start just connecting all the dots, there's just too many hip, like, controversial eyebrow raising, like, oh, wait, the. The state that you represent just put $100 million to upgrade their water systems. Oh, wait, you just bought the company that specializes in upgrading water systems. Oh, wait, now the stock has been crushing on earnings and you're still owning it. It's up 40%. He sold it earlier this year. He held it for probably like, I think like eight months, but I think he made like 50%. 40 to 50% on that stock. And again, this isn't an Apple, you know, this isn't a Google. This isn't an Nvidia. This is a water company. That's this type of stuff that we see.
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Unknown A
And you don't think it's possible he was taking tips from Jim Cramer on cnbc?
-
Unknown B
No, no. Funny enough, we have an inverse Kramer portfolio. Yeah, yeah.
-
Unknown A
So the people who built this country built it because they wanted freedom. One word, freedom. They wanted freedom from oppressors who forced. Forced them to buy overpriced tea, then blockaded them when they tried to dump it into the ocean. How'd that work out? Well, we built America in response. So it's time to throw your big overpriced wireless contract overboard too. A new tea party. You don't have to pay $100 a month just to use a phone. Most people don't use that much in services, but they pay it anyway. Our cell phone company, PureTalk says no to those prices. With a qualifying plan, you can choose an iPhone 14 or a Samsung Galaxy for nothing. 0. Get premium service on America's most dependable 5G network. It only takes a minute to switch. We highly recommend it. No hassle, no gimmicks, just honest to goodness wireless priced right.
-
Unknown A
So you get your iPhone 14 or Samsung Galaxy for nothing. $0 with a qualifying plan. Go to PureTalk.com Tucker visit PureTalk.com Tucker for details. America's wireless company. So how does Kramer do relative to, say, inverse Kramer?
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Unknown B
He beats them. So inverse Kramer was up 48% in 2024.
-
Unknown A
Wait, inverse Kramer?
-
Unknown B
Oh, yeah, yeah. We have a portfolio that does the opposite of what he does. Yeah, yeah, yeah, yeah. I'm telling you that we're just. We're We're a group of, you know, we're 15 now out in. In Irvine, California. Just fucking around with some of these things and where we're registered with the sec. Where are you in invest in? Yeah, you can't. So I mean you, you can and you can. I don't buy like the Pelosi ones because I, I ethically I don't like to buy the companies that I tweet about because I don't want to believe in. Like if I tweet this, the stock will go up 20%.
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Unknown A
Right.
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Unknown B
You know, I just don't even want to get into that world. I though invest in some of these other strategies. I have around 5k in a strategy provided by Quiver Quantum. Great guys. They do what unusual Wells does similar on Instagram and Twitter. They track the lobbying so they see which companies are spending the most on lobbying in dc.
-
Unknown A
Yeah.
-
Unknown B
And then they build a strategy around it to see if a strategy like that outperforms the market over.
-
Unknown A
Well, I know what, what sector has spent a lot. Crypto.
-
Unknown B
Yeah.
-
Unknown A
Yeah, I mean, I mean I saw them everywhere on the road this fall.
-
Unknown B
Really. We have a J.D. vance portfolio. He has some bitcoin. His portfolio is very good. He is. He only is in the ETFs, so kudos to him. But he owns some crypto.
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Unknown A
I will say this about. Obviously JD's a friend of mine, so I would defend him. You know, my instinct is to defend him and I love J.D. vance, but I would say without knowing any details, you know, he like had a legitimate, you know, career in that world before 100.
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Unknown B
Yeah.
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Unknown A
So you could at least say J.D. vance knows what an ETF is, you.
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Unknown B
Know, and also credit to him. He. So he was a VC Founders fund. You know, I come, I don't come from this world, but I know this because you know, our app is venture backed. He had again credit to him. He had money in rumble. So YouTube's competitor before he. Via his venture capital firm. I can't confirm this. I never met him. But when he got into office before he became vp, he sold out a rumble. So only the stocks that he owns are just the main ETFs.
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Unknown A
Can I ask you, is there some easy or workable way for members of Congress to put all their investments into some blind.
-
Unknown B
Yeah, blind trust.
-
Unknown A
Yeah.
-
Unknown B
Yes. Yeah. So this is where it gets complex and I'd be curious to hear your take on this. So there's bills out there to get it banned. You know, I think social media has done a tremendous job with this with the Pelosi tracker, with all of us trying to call out with our app. It's like our app part of it is built to highlight the hypocrisy of just how big of a problem this is. $500 million shouldn't be copying Pelosi if they are. Like, that's a problem. Yes. So to credit to some of these politicians, AOC has done a lot. You know, she's a fiery figure, but she has had two bills. She actually just released a bill a week ago called the Restore Faith in Government act, and it calls for banning political stock trading. There's been around five bills. Good for her. Yeah, yeah.
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Unknown B
She's been. She had a bill with Matt Gates. Yeah. The bill that's got the farthest. And this is where this is just frustrates me with all the stuff going on is there was a bill introduced by Josh Howley, John Ossoff, and a couple other politicians. The reason why that one's important is because they got that to the Senate and in the Senate while they were in one of the committees, the way that the bills enter the floors, they had to get passed off by the committee. This is the bill that made it the farthest. In that bill, though, they, they offered kind of four things. First, members can't trade stocks by 2025. This was introduced in 2024. Members can't trade stocks. Second, spouses and dependents can't trade stocks through 2027. Third, any private investment you have, you have to sell out of to run to become a politician.
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Unknown B
No, no one has ever asked for that. That has never come up. And that became a big, big problem. This is where it gets scary and we have to be careful with, like, what we're essentially pushing for. So what everyone has asked for on these bills is no trading, no members and their spouses can trade. Putting in a blind trust. Now this fourth bill, no trading, no members and spouse blind trust. But also you have to sell out of every private investment. And that when you, when they started debating it, Mitt Romney, Tim Scott, and a couple other politicians on it were like, wait a second, we can't vote yes on this. Like, let's take. If you guys are telling me that any future politician that wants to run has to sell out of private investments, that could become a major, major problem. You know, if you want to run and be a politician, you'd have to sell out of your businesses.
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Unknown B
If I were to run, I would have to sell out of my businesses. A farmer would have to sell out of his family businesses. Is that right? Like, why are we essentially doing that? And when you take a step back at the time, this was, you know, Kamala versus Trump. Kamala just picked Tim Waltz to be the vp. And you think about where the directions of each parties are going. If you have a bill out there that bans politicians from owning in private investments, you are turning off kind of a whole part of future people.
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Unknown A
Yeah. And I mean, you know, you do kind of want people who are invested in the country, you know, who have some, like, longitudinal stake in America. I mean, I do think that, like, I'm fighting for my. That's why I believe in homeownership, you know, because, like, I own a piece of ground here, you know, it's my country.
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Unknown B
And, you know, it's crazy. You had Trump and J.D. vance. J.D. vance probably the most in my lifetime, the smartest, like, most accomplished, like, guy running for politics that I've ever seen. I think totally disagree. Tremendous. You got him with Trump. Business guys first, politician second.
-
Unknown A
Yeah.
-
Unknown B
You got the vec. Business politician second. On the other side, you got Kamala. Career long politician, 20 plus years.
-
Unknown A
Just parasite. Yeah.
-
Unknown B
J. Tim Waltz. Tim Waltz, he. You have to disclose what you own. He doesn't own anything. Like, you even just said, like, I own part of land in America. He doesn't. From my memory. He doesn't own a house. The only thing he owned on that public disclosure was a teacher's pension. And then you start. It's like, where can we go with this path of, you know, pro, business, successful, competent people running our country. Verse. Career long politicians that just know how to play the game of thrones in politics to be able to get to where they.
-
Unknown A
Exactly. Nicely put.
-
Unknown B
That scared the shit out of me when they started talking about that at that.
-
Unknown A
Well, it may be just a way to kill the whole idea.
-
Unknown B
So that was the other thing. Is it a kill pill? And again, this is why, like, I don't know. Yeah.
-
Unknown A
Just don't use insider information that you get with my money in the. We own all that information that belongs to us. Does not belong to Mike McCall or any of these other douchebags. Corrupt douchebags like Mike McCall who is. I just want to say. Again, it's a corrupt douchebag. Just want to say that really clearly. But they don't own this information. It belongs to the public. It belongs to the US Government, which is owned by the people who are citizens of this country. So just stop that. But you don't want to encourage government by people who own nothing. Like what? Government by the homeless? I want people who are like, no, my kids live here, my grandkids live here. This is our family farm or whatever.
-
Unknown B
You want that skin in the game?
-
Unknown A
Skin in the game. I'm gonna protect this country because it's mine.
-
Unknown B
Yeah. 100%. And give me the incentive. I'll give you the outcome. It's like if you have politicians that are incentivized for the good of American families, you know, it's like, I totally agree. Kids trump pro family.
-
Unknown A
Exactly.
-
Unknown B
You're going to build for your grandkids. Not for you.
-
Unknown A
I would ban childless politicians from having too much power because it's like, you're not. I just know anyone who has kids will tell you it's like you're really worried about that at a certain point. Why do you care? You're going to die anyway. But you care about the next generation, you know?
-
Unknown B
Yeah. You know, give Rokahana credit. The representative out of San Francisco, he's doing a lot on social media. He doesn't have as much power, but he's calling for term limits. And I think because we're looking at, you know, again, I'm 29. I'm not. I don't. I'm just out here just calling citizen journalism on X being like, this is ridiculous. Let me build with my, like, my skill set is I feel like I can do. I know how to use social media algorithms and I know how to build a product to get people involved in it. Let me use this as the best way in my ability as an American citizen to promote change, to bring trust back into the institutions. A big part of the problem, looking at it is like, what are these 85 year olds doing?
-
Unknown A
I agree.
-
Unknown B
And you know, for 30 years, just.
-
Unknown A
So obviously unwise, you know? Yeah. At 85. At 75, you know, it's just harder to.
-
Unknown B
Yeah.
-
Unknown A
Don't have the mental acuity. That's just a fact. It's a biological fact. But ignoring biology is one of our main. Our main pastimes at this point.
-
Unknown B
I'm growing up with that.
-
Unknown A
Yeah.
-
Unknown B
My mom's a pediatrician.
-
Unknown A
I know she really believes in biology.
-
Unknown B
Oh, for sure.
-
Unknown A
Yeah. That's pretty funny. So tell us about the war stocks. I'm sorry, I had to calm down before you went down. That. That's really dark. Do you think it's possible that people are encouraging war because they're profiting from it?
-
Unknown B
Yeah, that. This is the. This topic gets a lot of conversation on Tick Tock and Instagram. Particularly just mainly because it's like warmongering, not war longering. The idea of even being able to profit from war probably shouldn't be allowed.
-
Unknown A
Of course not.
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Unknown B
But they do. And you know, whether they do it inherently or not. If the three main companies are Lockheed Martin, General Dynamics and Raytheon Technologies. Raytheon. Raytheon is hard because Raytheon is the company behind the. Israel's Iron Dome.
-
Unknown A
Yes.
-
Unknown B
So Israel and Hamas, that's pro. Raytheon, like Raytheon is now selling missiles for the Iron Dome that we're watching on X go off every two days back then when that all with Iran and all that and Lebanon. But the politicians. Mark Wayne Mullen, he sits on the Armed Services Committee. He owns Raytheon and Lockheed Martin and we've called them out for it because that's. To another degree because you sit on the committee. Never, never heard anything about it. Unusual. Wales has a great reporter.
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Unknown A
Possibly. And again, I'm, I've only met Mark Wayne Mullen once. He's a friend of a friend of mine who says he's great. He seemed nice. But what could possibly be the excuse for owning defense stocks if you sit on the committee? Funds them.
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Unknown B
Yeah. So my. This is. What's the problem with the way that they disclose right now is I don't know which ones are theirs or which ones are being run by a financial advisor because to some of the. Some of them have financial advisors running their portfolios, but they still have to disclose it. My hope is that it's financial advisors running some of these.
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Unknown A
My hope would they. And I'm sure that's right. I mean I'm. I guess I have stocks. I have no idea what they are. Yeah, you know, whatever. I've got some person doing that, I guess. But I would hope that they would be thoughtful enough that if you sit on a committee that's, you know, overseeing an industry that you would just call up into your broker and say, hey, we can't buy anything that I regulate.
-
Unknown B
Five minutes. That's all it takes.
-
Unknown A
Right.
-
Unknown B
Yeah. And again, this is.
-
Unknown A
And you put that out there publicly and he still owns those.
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Unknown B
Yeah, we call out everybody. Yeah, yeah. There's no one that we. I. There's no politics. Like we called out the new politician this morning. Can't remember his name. Republican from Kentucky who sits on the Accountability committee. He traded for the first time in three years. We made a tweet about him, Dan Goldman. So Dan Goldman, he's a rich guy from New York. We called him out to the point where he stopped trading because we were making all these tweets of like, well.
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Unknown A
He'S got a ton of inherited money.
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Unknown B
A ton of inherited money. Yeah. And credit to him. But I think this is the power of social media, and I think this is a win, in my opinion is like, put it in a blind trust or just tell your. While you're a freaking politician, just go put it in the market. Like, just don't buy individual stocks for the four or five years, eight, ten years.
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Unknown A
Just put an index fund.
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Unknown B
Put it in an index fund. Yeah. It's not. Just do what everyone else is doing, you know, like.
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Unknown A
Well, that's such a good point.
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Unknown B
It's not rocket science. And that's why I don't feel bad for calling out anybody, because it's like, like Dan Crenshaw. You're going to complain about it. Just sell out of it and go put it in an index fund. No one's stopping you.
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Unknown A
Well, then you could plausibly say, if you had an index fund, which is just the whole market, you could just say, I'm betting on America. Great. Good for you.
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Unknown B
I want you to do that Pro America. And that's why, like, if, if you were to ask me, what is the solution? I think the solution is kind of two things for how do you solve this whole thing? And again, like, our mission is we're trying to instill trust back in society. Like, I'm pro America, you know, I want my grandkids to do well. I don't think a society functions if you can't trust your institutions.
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Unknown A
That's right.
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Unknown B
And it starts with the politicians. Like, look at. I'm going off on a tangent, but I live in la, California. Your heart breaks for it. And then you just are like, I don't know what to believe. Because these. You got Newsom, you got everything going on on X. There's conflicting sides. And you go on and you say, hey, if you loot, you will get arrested. Okay, you guys are telling me that I've watched for the past two years, everybody loot and no one get arrested. So you're now at this point where we're supposed to trust you on this fact that, oh, if you loot now, you'll get arrested. Meanwhile, you've promoted and incentivized that behavior for people to get away with it. And what do you think happens? No one's going to believe you. The trust is gone. What happens?
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Unknown A
So do you feel this sidebar, but you feel as a resident of la Santa Monica, You've. You've watched looting for the past two years. That's because that's really what it is.
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Unknown B
Yeah. Yeah. I haven't seen it in particular, but, I mean, you can't walk into a cvs, like, the amount of times I've walked into cvs. And your heart breaks for the. The little girl behind the cashier having to deal with these guys just walking in and out, like, because you do see it, and it's scary that that's looting on smaller proportions. But you. You for sure see it in California.
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Unknown A
I think it's major. I think things fall apart when you see stuff like that. Why doesn't someone shoot them? I always think that I only see it on video. I haven't been to a CVS in a while, but I think it's just. It's like you're begging for total collapse if you allow that.
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Unknown B
Exactly. In my. I'm a first principal thinker. I think it's trust. I just don't think people trust that things will get done. And now if you take it out, you know, I love California. I don't think it's as bad as people make it sound. But if you can't trust the politicians, society crumbles. And I see with the trading, if you can't trust the majority of politicians, America will crumble. 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?
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Unknown A
Yes.
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Unknown B
So we want them banned to get the trust back into that course. But the problem with the ban is, is it constant? Like, if in that ban, you would have to ban the kids and you would have to ban the spouses from trading, is it constitutionally allowed to say, hey, you know, say you're a senator from Florida and you're like, hey, Tucker, you want to be a senator, that's fine. But per the Stock act, now, your kids can't trade stocks and your spouses can't trade stocks. What if your kid is a hedge fund manager or your kid is, you know, like, how do you ban that kid? It's hard.
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Unknown A
It's hard. I mean, well, like, any. Any system is voluntary, basically. I mean, if everyone tries to subvert a system of any kind, the system will collapse. So people have to decide, like, I want to be a better person and not take everything I can. Don't be greedy, don't be selfish. I mean, it's the things you tell your kids.
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Unknown B
Yeah.
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Unknown A
Like, you should. You show up at somebody's house, you're eight years old on Halloween and there's a huge basket. Yeah.
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Unknown B
You're not taking every.
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Unknown A
Don't take everyone.
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Unknown B
Yeah. When you're Halloween trick or treating, you're not taking every big Reese's Bar because.
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Unknown A
They don't, they don't have Halloween in Africa because people just take every Reese's bar.
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Unknown B
Yeah.
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Unknown A
But here we always have because there's a lot of self restraint in the population. So what do you do about that?
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Unknown B
Yeah, I don't know. I don't know either. But I think a solution though can be in this is where like get rid of the delay. Make them file the same day so that you increase transparency, allowing that.
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Unknown A
How long is it like now?
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Unknown B
45 days. And I don't, I did a lot of research. I couldn't figure out why there was a delay to begin with. Like, I don't understand why, why do you need a 45 day delay? I don't know. That's per the stock act. But also once you get rid of the delay, just make it so that either the politicians have to invest in a blind Trust or major ETFs, or if you're not going to go that far, just don't allow them to trade companies they oversee. And it's very, very simple. If I'm a consultant covering pharmaceutical industry at Deloitte, Deloitte does not allow that consultant to buy pharmaceutical stocks. They can buy other stocks but they can't buy pharmaceutical. And like it's all just a step in the right direction towards something that like we can get on the right path to trusting the politicians again. That's like my.
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Unknown A
I think the fact you're watching makes a big difference.
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Unknown B
Yeah.
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Unknown A
I mean it has to, right?
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Unknown B
I think it has. Yeah. That's what I tell myself.
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Unknown A
Thought about, you know, calling DOJ or copying DOJ on some of these social media posts and saying, you know, maybe there's, there should be a criminal referral here.
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Unknown B
Yeah. And we haven't. Maybe that's the next step. We, the SEC has never investigated any of them. And I think the SEC just has a ton of stuff on their hands, to be honest.
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Unknown A
Like that's for sure.
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Unknown B
We'll see what happens.
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Unknown A
Because there's a lot of corruption in the country now.
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Unknown B
It's not just the Congress. Yeah. In the, the hard part about this is the SEC with there's billion dollar schemes, like they should have found sbf, you know, kind of thing, the politicians is not the major, major thing on the monetary side, but it is though, on the public image side. And that's what I think. Like, I don't think people understand the long term effects of not trusting institutions.
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Unknown A
Absolutely agree. And there should be a priesthood, a secular priesthood in charge.
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Unknown B
Yeah.
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Unknown A
You know, that's why they call them public servants.
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Unknown B
Yeah.
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Unknown A
You know, they're, they're, they're giving up something to serve their country. I don't think that's unfair to ask.
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Unknown B
I feel like they've forgotten about it. They forgot the whole truth.
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Unknown A
You know, if you've been paying attention, you know that ALP is not just another nicotine pouch. It is literally the best nicotine pouch in the world. And we know because we use it all day long. We've used all of them. Turns out you can actually make money by telling people about Alpine. We're launching our affiliate program. If you have an audience, big or small, you can cash in. You earn 10% commission on every sale of ALP that you bring in. And to make it even easier, we'll give you a 10% off link for your followers. They save, you earn. It's really simple. By the way, compared to all the other products people sell online, ALP is truly good. It's delicious. It is easy to sell because it's heartfelt to spread the word, get rewarded for it. Best nicotine pouch in the world. World. How are defense stocks doing?
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Unknown B
They're up. They're up. They, they had a. They weren't up earlier this year, I believe, but I think they are. I think the one that I followed in particular was Raytheon, and I think Raytheon's up around 80%. So my thought is Locked and General Dynamics are up too, but there's smaller ones. I mean, Tommy Tuberville bought this company called Humacyte. And what Humacyte does is it treats soldiers injured in war in Ukraine. And he bought that stock. We flagged it because he sits on the Armed Services Committee. And if you go on the Armed Services website, it literally says helping companies do military research. He buys a company that does military research. The stock was up, I think at the peak of it, 100%. He sold out early, so I think he made 30%. But it's not even just like. My point is, it's not necessarily even just Lockheed, Raytheon.
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Unknown A
Right.
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Unknown B
It's these companies that get military government contracts to help the, the Long Tail.
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Unknown A
That's all of Northern Virginia. Yeah, right there.
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Unknown B
I know. Yeah. I was listening to a couple of your other podcasts.
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Unknown A
Yeah, no, I Mean, I've spent my life there, so I'm deeply resentful. And it's also very ugly, which tells you a lot. What they do for a living is ugly. Killing people is the ugliest thing you could do. But they've also constructed an incredibly ugly world physically. Like, if you drive from Dulles Airport into the city, you see not a single pretty building. Everything is awful, and it's a reflection of their souls, in my opinion. Others disagree. Tell us. And I went right over this. I'm sorry, but about Jim Cramer. You have an inverse Jim Cramer. So if you were to invest with Jim Cramer, would you do better or worse than, say, Debbie Wasserman Schultz or Nancy in 2024?
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Unknown B
You would have done better. And this is all up. If people want to go on joinautopilot.com or even on our app Autopilot, you'll see all these numbers. Because I don't want to mess up the numbers.
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Unknown A
Of course.
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Unknown B
Yeah. But Kramer was up 48%. Stock market was up around 25%.
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Unknown A
He was up. Not inverse.
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Unknown B
Sorry, sorry. Inverse. Inverse. Kramer was up.
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Unknown A
Oh, inverse. Okay, so. So when you're talking about Kramer, you're talking about Kramer's opinion. Yeah, do the opposite. Opposite.
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Unknown B
The opposite of Kramer was up 48%. And we balance that thing on a monthly basis. He has his own stock group, which maybe we'll pay to get the subscription in to actually see the stocks that he's talking about. He has this through CNBC, but, yeah.
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Unknown A
Kramer has done 48. That's crazy.
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Unknown B
It's.
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Unknown A
Do you think it's a gag? Like.
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Unknown B
I think it's social media. Not even social media. I think it's just how media works. It's headlines and you have to talk about.
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Unknown A
But he's like a Harvard graduate who's like a genius. Everybody I know him, he's obviously not a genius, but he's employed to tell you about the stock market. But betting against him gets you 48%. Like, how does that.
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Unknown B
And he has private stock market group that does all this stuff that he tells people with personal stock picks and stuff like that. So it's not even just he gets employed and does it on social media and tv. He has a personal group that does it. But, yeah, that. That one blows my mind because I don't know how. I don't know how you can say, don't, you know, sell Tesla and the stock goes up 100%. There's a tremendous video from when early days with Tesla, when Kramer is essentially talking about Tesla says it's trash. Get rid of it, don't even talk about it. From that day, the stock, some thousands, thousands and thousands of percent up. Elon loves it.
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Unknown A
What do you think that is? Do you think, like Kramer? Like, why would they employ Kramer? How could he be that bad? If you just employed like your dog.
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Unknown B
Yeah.
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Unknown A
Or a whole bunch of dogs.
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Unknown B
Get a chicken.
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Unknown A
Yeah, exactly. That's exactly right. Do you have any guesses?
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Unknown B
No, I mean, I think, like, if I'm thinking about it, because I haven't really thought too much about it on the sense of how does it actually, like, how can it actually do it so well? My thought is maybe though, like, the way that the markets work, and I'm no expert at this, is, you know, you want to buy the news and sell the. Or buy the build up and then you sell the news.
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Unknown A
Yeah.
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Unknown B
Kramer could just be slow with getting onto these popular stocks so that by the time he's talking about Tesla, by the time he's talking about, hey, you know, they're over. Go buy Nvidia. It's like, yeah, you. Everyone's been talking about Nvidia for six months before you start talking about it. The portfolio that we have for him on autopilot is $15 million. Following him, following his inverse picks. So essentially there's a. We have a pseudo ETF ish sort of thing that does the exact opposite.
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Unknown A
All based on his stupidity.
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Unknown B
All based on his stupidity. Yeah. Or all based on what he thinks is right that turns out to be wrong.
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Unknown A
That's incredible. So you got venture backing for all. Because it does sound like I love everything I love at all. But the fact that you made a business out of it is especially amazing.
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Unknown B
Yeah, yeah, yeah. That's been a journey. And again, like, I don't come from this world. You know, I was living in Bali before we started this thing, and Brian Aaron Scott, my co founders, like, we all did this stuff together. We didn't think it would get this big. We got a lot of no's. And like, the slogan of what our app essentially was was invest like a politician. So, like, if your app says invest like a politician, how big can that thing actually become? How popular can that actually be? Turns out it can be very popular. Because not only are they good, it's also the perfect. It's the perfect way to highlight the hypocrisy. Because it's like, what better way to highlight the hypocrisy of politician stock trading than to literally build an app to invest alongside that hypocrisy and then next thing you know, you got ABC news talking about us.
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Unknown B
Elon's retweeted us. Major thanks to you. This is the first time we've ever, we've ever had a long form conversation about this. Our app is we. When we launched it, we were number two in the app store.
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Unknown A
No way.
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Unknown B
The whole thing blew up right before our very eyes. Yeah, and the Pelosi tracker was a great part of that. But we have much, much bigger, much broader ambitions. And that's where the venture backed part.
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Unknown A
What's so cool is that. So you built a whole business mocking and simultaneously profiting from the corruption of politicians, but you're at the same time calling for an end to it.
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Unknown B
If we lose the politician stock trading, we lose a major chunk of our business for sure.
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Unknown A
But you're still in favor of losing it 100%.
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Unknown B
100%. Because our mission is to instill trust back in the institutions. And I'm not an expert at this topic, but the way that we see it is knock out the politicians. And this is all through autopilot. Autopilots are our slogan in the broader when we pitch investors.
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Unknown A
I love the name by the way.
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Unknown B
Yeah, I know. Put your money on it. It's to redefine money management. So I'm 29 and we're about to go through the greatest wealth transfer the history of the world. You know, 85 trillion is about to be parked on people like my doorstep. Say I get half a million dollars.
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Unknown A
This is when the boomers die.
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Unknown B
Yeah, yeah. This when the boomers die. And part of that money is in housing. But there still is a lot that goes into money management. 75% of kids who inherit their parents money fire their parents financial advisor the day they get that money. So now you got a kid who has half a million dollars parked on his lap, fires the financial manager because it's like who the heck are you? And now they have to make the decisions of how do I invest this money? Do I do it on my own? Do I do it through a Google search? Pick the top financial advisor? Do I do it through a friend? We think there's a lot of problems in that and there's no trust and transparency in those decisions. So with Autopilot, what we're trying to do is solve that trust and transparent way by building a marketplace to find a money manager and then invest through that money manager in a way that you still have control.
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Unknown B
And I think like what you said earlier and I'm sorry for Rambling, but.
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Unknown A
No, I love it.
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Unknown B
The, the big, big thing that we're trying to do is we're trying to ensure that people's money builds the futures that they want. And I think in 2030, 2035, 2040, this is going to become a bigger and bigger thing. And a good example of the early inklings of this is this. Whether it's conspiracy theory or not, you know, we'll. We'll see what happens with it. But this, this topic of BlackRock and Vanguard having money in taking the, the assets in their own ETFs and stuff and using that to sway public laws and public opinion in the company in the states that they oversee, they're getting sued in Texas, they're getting sued in Florida. And part of like, well, again, whether that's true or not, what annoys me personally when I invest is I want to make sure that my money goes towards my beliefs. And if you have someone else managing your money, or you put your money in a Vanguard, you put your money in a BlackRock, there's possibilities for that to happen at a much broader scale than if you do it on your own.
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Unknown A
That's exactly right.
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Unknown B
And that's like what we're trying to, we're trying to build that. We're trying to essentially build out the way that you can have your money managed without you having to sacrifice your own values, your own voter rights, your own beliefs.
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Unknown A
Exactly. Yeah. You don't want to turn over your money to someone who is trying to eliminate all your rights. I mean, that's crazy.
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Unknown B
It's contradictory, and it works for both sides. Like, it. I don't, for me personally, Pro America, I don't want any dollars invested in Chinese stocks.
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Unknown A
No.
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Unknown B
And like, if I have, you know, maybe a couple hundred bucks, if you're trying to swing an Alibaba, but if, like, you got a half a million dollars in that retirement, I don't want any of that invested in Alibaba because inherently you are funding a future where Alibaba succeeds. Like, do you want that? And the other side is like, we have customers and we have clients that are like, I don't want my money building invested in oil companies. Like, I want to be pro ev. It's like, okay, but did you know that you got your retirement account with these other people and they, they have money in Chevron, Oxy, you know, things like that. That's like what we're trying to solve and trying to build to. And again, it all starts with just trust. Because if you can't trust even where your money is being invested.
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Unknown B
What does that mean? In my opinion, that means society is worse off because you don't even trust how your money is being managed in that state that you're in.
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Unknown A
Right. And it changes people if they conclude that the whole, the whole deal is a scam. Yeah, I live a lot of the year in a really rural area and my whole life, no one I knew ever took any government benefits. Because the idea was that we're like proud, you know, working class people were not doing that. And then the state brought in all these immigrants from Africa and gave them everything, you know, houses, phones, airplane tickets, food vouchers, free medical. Just. These are immigrants getting all this free stuff. And everyone in the town where I am, which very few immigrants or people, not everyone, people I knew were like, wait a second, you know, I served in the military. I've worked, paid tax my whole life. I never gotten anything from the government. Screw it. I'm putting in for any, any benefit I possibly can in it.
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Unknown A
And it, you know, it's easy for me to disapprove because I'm rich. So it's like, I don't have to do that, but I got it. It's like they all of a sudden realize people who've lived in this country their whole lives, you know, did a lot for the country, I would argue they realized the whole thing's a freaking scam. So I might as well get in on it. If you have that attitude, man, things fall apart like that.
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Unknown B
Look at Covid.
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Unknown A
Exactly.
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Unknown B
Happened with all the COVID loans, the.
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Unknown A
PBO stuff or whatever.
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Unknown B
Yeah, Pelosi was a big part of this too. The people, the PPO with the employees. So there's documents of. Pelosi owns a hotel up in Napa. I think it's a hotel. And she has had this one property that has made $100,000, lost 100,000. And you all have to file this every year. And in it you have your income. Made 100k, lost 100k, made 100k, lost 100k. The year that Covid happened, they made 5 million-plus in profit. So how do you go from. And this is income. This isn't necessarily even just like, like, it's not necessarily loans or anything. This is income. You lose 100k, you make 100k, Covid happens, the loans go out, your business now makes 5 million year after that you go back down to making 100k and then making 100k, losing 100k. So there was an anomaly. This came Out, I think by the New York Post right after Thanksgiving, I think.
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Unknown B
And they highlight this. And it's like, was the corruption around these PPP loans, these Covid loans, did this get up to the degree that the politicians were benefiting from this too? And it seems like it did. So that's again, like the. That frustrates me because that we have a family company. We sell sports compression products, little arm sleeves. We don't necessarily have employees, but, you know, we're. We're a small family business. We took out a loan to survive because we sell in sports. Sports got canceled. We have to pay that loan back, which is fine. We knew that when we took it out that we have to pay this loan back. But that loan money didn't go towards profiting us, it essentially went towards sustaining us. We had to pay it back though, that loan to Pelosi, the $5 million that she makes, that comes in as income.
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Unknown B
You don't have to pay it back because it. It's just so messed up.
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Unknown A
It's disgusting.
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Unknown B
Yeah, it's. And again, I don't come from any of this stuff. I know nothing about the politics and how it was before we started tracking. And it just shocks me of like these rules for thee and not for me to the every single aspect of our lives.
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Unknown A
You should be shocked by it. You should fight against it. You are. I hope you get ironically, I hope you get rich fighting against it. And I really appreciate that explanation. It was even more interesting than I thought. Thank you.
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Unknown B
Thank you. Appreciate it. Thank you again for having me on.
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Unknown A
Dude, you're one of the reasons I like social media. Whenever I think, oh, social media is turning everyone trans and it's bad, then I see what you do and I'm like, no, it's actually.
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Unknown B
There are some great things and it's not just us. I think Elon with X. Yeah. Saved everything because we had a Pelosi tracker on meta banned.
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Unknown A
They banned it.
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Unknown B
Banned the first week, yeah.
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Unknown A
Why?
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Unknown B
I think in their disclaimer and whatnot, they said they couldn't use the name Pelosi tracker.
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Unknown A
You can't criticize any politician from the Bay Area where they're based.
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Unknown B
And so we then created and we did the politician trade tracker. So we're on Instagram now. But. But Elon with X in the. The citizen journalism that's going on, I think that's like the. The biggest thing that I get, I'm proud of is like in whether these news, CNNs, Fox News, NBC's, and I don't know how they're going to adapt to it, but they have to figure out a way to hit the masses through social media. And the best people at it are these citizen journalists on X that are doing all this work, that are uncovering these stories. They may not have all the facts, they may not be 100% right. There's probably some grifters out there, but at the end of the day, the conversation is being had and it's a step in the right direction.
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Unknown A
Oh, it's wonderful. Everything about it is wonderful. Thank you for taking this time. I do. So it turns out that YouTube is suppressing this show. On one level, that's not surprising. That's what they do. But on another level, it's shocking. With everything that's going on in the world right now, all the change taking place place in our economy and our politics, with the wars we're on the cusp of fighting right now. Google has decided you should have less information rather than more. And that is totally wrong. It's immoral. What can you do about it? Well, we could whine about it. That's a waste of time. We're not in charge of Google. Or we could find a way around it, a way that you could actually get information that is true, not intentionally deceptive. The way to do that on YouTube, we think, is to subscribe to our channel.
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Unknown A
Subscribe. Hit the little bell icon to be notified when we upload and share this video. That way you'll have a much higher chance of hearing actual news and information. So we hope that you'll do that.