Re:TikTokers Are Trading Stocks by Copying What Members of C...
by nl on Tuesday September 21, 2021 @11:40PM
(#28612900)
> Paul Pelosi, investment manager and the husband of House Speaker Nancy Pelosi, purchased up to $11 million worth of mega-cap tech stocks in May and June, according to a financial disclosure form filed last week.
Doesn't every diversified fund in the world own "mega-cap tech stocks"? And most probably bought during May and June because their increased value meant they took a larger proportion of indexes, and index-following is a pretty widely used strategy.
Doesn't every diversified fund in the world own "mega-cap tech stocks"? And most probably bought during May and June because their increased value meant they took a larger proportion of indexes, and index-following is a pretty widely used strategy.