Transcript for:
Pelosi Stock Tracker and Political Trading

so Nancy py 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 um 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 and 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 it's shocking for me it's hard to accept how corrupt the leadership of the country is um it's like I almost kept metabolizing but I don't think anything has put it into clearer relief than what you have [Music] [Applause] [Music] [Applause] [Music] done so you run NY bloy stock tracker it's just incredible I'm first all really glad to meet you yeah know that you're real um who are you where are you from how' you how'd you do that yeah how the whole thing start I mean I'm 29 now at 25 would I say that you know look in 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 I no I don't think I would have ever gotten to that um 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 like little ones with numbers on them a custom ones that you would get for your kid for you know pwe football yeah 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 moved to Bali was doing working out there for probably like six or seven months moved back to uh Boston is where I'm from um then went up to New Hampshire became a snowboard instructor was working on the the ski slopes yeah there's a whole story behind it was working on the ski slopes as a snowboard instructor where in New Hampshire uh Bretton Woods yeah great great Mountain very family friendly and this is my f we're all up there um and then when Co 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 the stuff we essentially built out on a tech side the first way to follow your friend stock portfolios so if you had a robin H 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 yeah let me build a Nancy Pelosi portfolio you know I'm seeing on Twitter I'm seeing on Tik Tok I'm seeing on Instagram politicians crushing it and that them getting called out for their trades especially during covid you know well I never will forget it yeah you covered it the the Richard Burr um yeah it was I knew Richard B I was never against Senator Richard B of North Carolina and I saw that and it was it looked like corruption to me I was disgusted by it 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 get can you just give us the outline of it for people for yeah so uh unusual Wales he's an account on he was the one that initially started all this so the Pelosi tracker yeah yeah we work with him he we great guy I love his I don't know his name or anything about him but I love that feed obscure guy doesn't want the world to know about him but he actually takes deserves so much credit for this stuff I don't think anyone would be unusual whales unusual whales on Twitter yep he is the one that would essentially call them out at the beginning he started the Pelosi tracker uh in a way he was calling out the politician stuff and then the Pelosi tracker came probably in 2022 but he started in 2020 um and I think Richard Burr that whole story started because unusual well started calling it out the story behind the Richard Burr is around his covid trades and it it was a full-on scandal you covered it at Fox News the story is on February 7th 2020 he wrote an oped with another Senator saying hey Americans don't worry CO's not that bad we're keeping an eye on it everything will be okay while he has in rights that oped he's getting Insider kind of details because he sat as the chairman of the Senate intelligence committee while he was writing that oped so while sending as the chair of the Senate intelligence committee he's getting private meetings saying hey guys CO's 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 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 exactly and he was tasked with partly like get ready for a response you know like once Co 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 10x what the everyday American and also probably what other senators in um Representatives did as well so if you follow the timeline though February 7th is when he wrote that oped 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 americ yeah not only just a normal kind of investment account as a retirement account he sold the whole thing is it fair to say for non-investor just to inform the rest of us who not familiar with the details to sell if your retirement accounts like you're not around at that point 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 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 I just citizen journalists kind of see the opportunity and be like this is up we should stop this uh the story though then goes February 13th he sells off 1.65 million 30 minutes later he calls his brother-in-law and his him and his brother-in-law have around a two-minute conversation the brother-in-law hangs up the phone calls his financial adviser his financial adviser doesn't pick up he then calls his second financial adviser 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 the weird thing is that I know the brother-in-law was my neighbor and super nice guy and I sort of knew bir not really but kind of you know um 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 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 like having an alcoholic spouse like the last th% and like the other argument to be had is like you know around February 13th I 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 the culprit is the person who uh makes that initial phone call which is I think where the investigation happed of course so then what they do with the the money uh they keep so they that happened on February 13th um and then this the story line goes they started having private Richard Burr started having private conversations with with his donors and then the donors were starting to set all this stuff up a month later that not even a month 3 weeks after that around March early March is when the market fell 30% and they saved themselves Millions um 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 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 um 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 he had he had to step down too while he was getting investigated but yeah I mean I believe it wow so you're watching this just at home cuz you're you said you're not political 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 uh with with our app is to try and uh 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 start 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 and that's like how our app started but at the time no none of that by the way it's hilarious just hilarious it it shouldn't be no I know I know but it's crazy you have to a tragedy I know and it's working like I'll get into the whole thing about how like this Pelosi crushed it she was up 54% last year we got half a million do 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 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 him you're breing my day yeah I mean I again though if I can snap my fingers and have it just go away of course of course 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 that politicians are supposed to be protecting and serving the country are actually using this information to their own Advantage y while the country uh rots how did you discover that Pelosi was a then speaker of the house was particularly successful yeah Pelosi so Pelosi gets a lot of headlines for obvious reasons one she Millions Mill 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 um I think it was in 2012 and there's a whole Arc for her she got married in 2012 to Paul Paul Pelosi xvc no no she's been married to Paul Pelosi for decades oh has she then uh when okay then when they got married I'm mixing up 2012 is when the stock act started right that's when they had to start showcasing it um when she got married to Paulo they were worth around 20 million their net worth their net worth now is around 260 million so you're 10 Xing that how she's been a career-long politician making 175k her husband's very very successful in you know in stocks particularly tech stocks uh 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 it's like holy this has been going on forever and that actually started back in uh 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 and 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 um and that was that iconic interview from the the reporter asking her like do you think this should be allowed is this fine that you got in on the Visa and then you know this is 10 12 years ago nothing necessarily happened uh again 2020 comes around Co 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 uh 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 uh cost basis so instead of you needing $5 million to buy you know x amount of quote 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 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 um right after Biden got elected 2021 comes around um excuse me 2019 into 2020 because that was when Biden started there's so many dates but uh when Biden's first few weeks in office he introduces the build back better um 1.3 2.33 whatever massive INF structure Bill do you remember that one very well uh 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 to have 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 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 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 uh the head uh speaker yep they shouldn't be allowed to trade stocks how is this even like how are we allowing that 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 how did she do on those leaps with Teslas uh 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 is but um so when those 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 uh Trump got reelected and the thing started flying but I think she was up around 40 to 50% in total um from that Tesla trade her best ones are Nvidia Nvidia is a whole another story for her um but on that Tesla one in particular I think it was like 40 to 50 when you sleep better you live better you feel better and you live longer sleep is really important but there's a lot acting against us who are trying to get a good sleep starting with screen time it scrambles your brain makes it hard to sleep so we're thinking a lot about sleep not getting as much as we should so a new partner we want to tell you about can help you it's called beam's dream powder and it's made with a blend of all natural ingredients it's not made by fizer it's science-backed it's American built and run and best of all it legitimately tastes good and can help you fall asleep stay asleep and wake up feeling amazing everybody in the staff loves it and we're cring and turning during the night no more groggy wakeups desperate for the coffee we're not the only ones who use it so many people have used beam that is improved over 175 million nights of sleep they're keeping track helping Americans from all over the country wake up feeling good and ready to go we're getting a huge discount 47% off for this show try their bestselling dream power get 40% 7% off for limited time go to shop beam.com shop beam.com Tucker use the code tuck her a checkout and get a massive discount we can't recommend this enough everyone here loves it we think you will also it's an American company by the way awesome what has she done on Nvidia so Nvidia is the second trade that got the Mass's attention for people don't know tell us what Nvidia is 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 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 they 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 um when 2022 came around the chips act comes out $54 billion of infrastructure for for chips and subsidies for them she bought Nvidia I think a couple months before that oh come on 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 uh 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 Tik toks we start tweeting about it and then everyone's like what the what's going on with that she then sells it uh for a loss because the the stock was already coming down this was uh when the market started falling yeah and she ended up selling it for a $300,000 loss she sold it all cuz I think the public was starting to be like what the like 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 in uh and then she sold her shares for a 200k loss so she lost money on that first Invidia of time but the interesting thing about that is per these filings and uh the way that the filings work is the stock act requires politicians to disclose them their spouses and their dependence 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 she's never done that for when she's profited she's only done it when she's lost um interesting yeah there's so many things with her she the filings she sends out are always before um holidays so she's notorious in our community for releasing reports around uh Thanksgiving July 4th Christmas and I think the argument is because like if you put it on December 23rd everyone's going off to Vacation it gets lost yeah gets lost in the media drop bad news on Fridays that's the yeah she this year she dropped it on July 4th um that was when she dropped all of these previous happy birthday America I know yeah but um 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 uh that I think it was 2022 um 2023 comes around the market starts going up again and we have all this information which I could probably get to but she then reys into Nvidia at the end of 2022 um 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 um no no laws or anything that comes up after that it just turns out to be a tremendously well-timed trade because from there Nvidia goes up 160 170% and on that trade in particular she then bought a little bit more that 5 million and the the ranges are hard uh because the way that these filings work is they have to file from 1K to 15K is one little check 15K to 50K 50k uh 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 she's buying but that Nvidia trade is the best trade she's ever made that we followed um 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 uh and she's just quiet about it doesn't say anything when we call her out how long have you been doing this we've been doing it since 2022 so we've tracked her in particular and let me be clear it's not just her no I know I've got a bunch of questions for you K Shaw and them but yeah we've been tracking her since 2021 you know you look at if I looked at the Congress who are the filthiest members of Congress well Dan crun would be right at the top with Pelosi Y and and it's not surprising that they're no and he he's interesting because hold on before we get today he's his whole thing um but I just want to close out py for a sec so you've been doing this for two and a half three years on Peli Y and gotten you said you've never done an interview before which is very weird no no but a lot of people I know read you you know a lot um 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 no office has never reached out and again like the crazy thing about this stuff is uh 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 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 cuz so I can get in on the action and I think like allowing people to get their money in uh 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 uh 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 people have profited $30 million trading doing whatever she does in that time frame give or take and her 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 if it's a free market we as citizens should be able to trade 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 um 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 um it's certainly a moral crime so give us some perspective so she's up this F you know fantastic number relative to like average investors informed investors like how well is she done y 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 uh 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 um 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 the broader S&P by 20% 25% we also have these other trackers that track the um the hedge funds and 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 Wales has a report in 2024 and she was only the seventh best Trader there were traders that were better than her well 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 yeah in finance usually but you know in some form of PE or whatever that they think they're going to be and they are all terrible like there's not we're talking about Pompeo thinks he's going to get rich or Pompeo like no one wants P because he's like an idiot isn't this is not his area in he's well I should say he's not an IDI he's smart but he's not a business guy no politics and business are very different so it's especially striking to see Pol this is the only way politicians can make money is through insider trading yeah I know is that fair to say pretty much yeah that are books exactly a book and honestly Netflix specials now yeah the the clintons with all that stuff but she again is Extreme cuz you just trade so much the other politicians they're trading on lower levels and but I think like 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 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 cuz are 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 well it also influences their policymaking behavior yeah I mean of course it it sets up incentives that you don't want to have in your legislative branch at all yeah and you know the say like the show me the incentive I'll show you the reward it's like well that's exactly right you're going to the war ones are crazy too like there's so much that you can get into have trouble laughing at that that that actually makes me feel like these people are going to hell um but I want to ask you about that in two seconds but first you said she's the seventh yeah most successful Congressional Trader who are the in 2024 so the other ones off the top um 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 um David Rouser was the top one and I think he he made a lot of money in Nvidia uh 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 yeah um Debbie waserman Schultz she's now a two-time top five political stock Trader speaking of filthy I mean filthy she she gets a we so we run the Pelosi tracker and we also have a politician trade tracker on Instagram and Tik Tok that each have you know 800,000 on Tik Tok we have around 100,000 followers she gets people don't like that woman um well nobody likes her yeah she was bounced out of a leadership position in the Democratic party cuz people disliked her so much personally 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 what what she trades uh for example she bought this company called ViaSat and what ViaSat does is um they're a military contractor they're like a starlink um yeah 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 um she bought a mining company called hel mining with ticker symbol HL that stock has been um fluctuating here and there and I think she is up around 15% on it um 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 what are we doing well we're 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 um tell us about my all-time favorite member of Congress Dan khaw yeah yeah yeah so he's a he's a tough one he's a he's a hotthead on Twitter now he's out of control he's I don't understand why he's taken this stance a little bit I his personal life is out of control yeah because he used to be like a a right-wing darling like he was you know the with the Navy Seals I think early early on I again not with me I always thought he was a freak a warmonger really weirdo yeah he's a freaking a warmonger weirdo but he's showing it now um did you see the Free Press he did where uh we posted this he essentially comes out and he's like supporting politicals 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 that's that's 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 cop exactly yeah it's crazy it's it's yeah so he had a fiery one um with the Free Press probably about like two months ago right before Thanksgiving I saw that um 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 could see all this on our app you know it's all right there so I may kind of be depending on the day um but she he outperformed the market he was right below Pelosi uh the St he's an idiot though I mean with no business background that so like how would you do that his stocks the one that in particular that really frustrated me about him was uh meta so he 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 um he bought Amazon he bought FAS which is a uh like a finance ETF he bought the spy and then he bought Resorts and then he bought some other company the the stock though that crushed it for him was meta and the part that I get annoyed about you know aside from Tik Tok bands 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 Tik Tok you know and it's like pretty convenient to say when you own Tik tok's main competitor and every time you're saying that stocks going up 5% uh he then goes off and starts um asking for the ban on and again like I I feel like I'm pretty Pro Ban Tik Tok so there's a whole world with that but he then goes off and votes against the bill to ban Tik Tok so now you got a politician that is buying Tik tok's main competitor meta you're then publicly talking about how you want to ban it from government from government officials phones to then voting on the bill to ban Tik Tok all while the stock has gone up 200% while you've owned it that's and this is like you're shocking me yeah I'm numb to it 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 he's there's a lot wrong with him personally so I do feel sorry for him a lot wrong I know that but anyway um leaving that aside the reason I don't like him is because he's self-righteous yeah 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 forgive you and move on but don't yell at me 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 you don't have to attack and you know Gaslight that's exactly right that's exactly right and boy is he a specialist in that area yeah yeah the the free press one I would re I'll send it to you after I've seen it yeah oh 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 doing all be doing all this stuff in front of the American public meanwhile you know I have a friend that is a consultant at ey or uh deoe 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 analysts at JP Morgan buy you know Apple yeah meanwhile you got these politicians buying up up this $500 million military Construction Company all right in front of I know the answer you want to hear the answer because after the financial crisis that Congress helped cause yep uh Congress runs in with Dodd Frank you know Chris do and Barney Frank member of the Senate 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 you know past these so-called reforms d 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 themselves right I mean that's kind of the short rules for the not for me is that a fair yeah 100% And what's the history of the stock act it's started because of the housing crisis yeah so it was initially introduced in 2006 and the stock act literally what it says is stop what um 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 and so what happened to it 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 you know the people building out 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 uh the center stage the stock act then gets introduced in 201 12 and then it gets passed uh shortly after that what is crazy in my head though is like what the heck was going on before it yeah like what do 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 I you know I I can't answer your question um 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 um so you know looking back you can say boy we've had big problems for a long time but I can tell you a some grew up right in the right in the middle of it in DC in Georgetown all this stuff was going on like when when uh that covid those covid traits you started our conversation by describing Kelly waffler was involved in that and all this stuff I was like part of me even I think I was the only person in Fox News who did anything on it cuz yeah a great story but even as I was doing the story I was like this there's got to be another explanation this can't be real trading on a pandemic yeah insider trading on a pandemic like I was like youd have to be a monster to do that like this can't actually have happened that was me with the Pelosi tracker every day in the early days I'm just 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 mall I can't remember the specific trades I think it was him but uh no one were I here I'm talking about poor Dan crena who's just like totally unbalanced that one end well but Mike McCall is like now we're getting really Sinister yeah yeah he I'm trying to remember the trades because he he sits on the uh he sits on a lot of the intelligence committees or not the a lot of the the the big committees and he's trading Millions but it's not just Mike Mall yeah I think so I think so he's in particular cuz he's really hard to track we know this in the world of uh the 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 a I'm 99% sure I can confirm that but yeah he and his trades I think are weird because it's him uh it's the the dependent in the the spouse the trades they come in kind of is the same so there's an argument that maybe Mike McCall's trades are uh from a from a financial adviser but if you can tell us you know we we tag him on Twitter it's like you guys can just tell us what's going on with he doesn't care a couple years ago somebody said I was talking to Mike McCall and he described you as a Russian agent really oh so he's one of these guys so I called Mike McCall and I said listen can I call you I you I think I said exactly that you told someone I was a Russian agent you like I'm from this country I'm feel like I'm pretty p patriotic mhm and uh 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 yeah and he said yeah I do I got to give him credit at me it took my call and and the whole thing but I was like this guy is the most controlled yeah 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 uh I don't know cor lot of them I mean you go a little bit north to Oklahoma and uh Mark Wayne mullen's an interesting one too what do you I don't know too much about his um he's a fiery guy too uh yeah he was threatened to beat somebody up yeah heers the Teamsters president I think yeah yeah during that yeah we built a whole have a whole thing I like Sean O'Brien for the record yeah 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 polic 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 $15 million of volume in uh from 2019 to 2021 out of those it was literally half pretty much half Democrats half Republicans so they're all doing it oh of course out of those 180 politicians though 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 starked me to get really into this and being like what actually are the trades that are going on are they outperforming why are these random companies being bought and Mike mcllin 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 a freaking water meter two billion three billion dollar company turns out that the EPA a couple months to his to be fair before he bought signed a mandate saying that all these Water Systems have to upgrade their technology beneficial for Badger meter 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 tuls Oklahoma is the state that Mark Wayne Mullen represents he's the senator of it so then you're like EPA passes thing passes the requirement to upgrade the Water Systems Senator buys stock senator's home home state gives a $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 me it might I mean I'm not an investor or so but I've never heard of badger meter neither have I okay good I feel better yeah yeah yeah no so you have two prominent politicians in the Congress buying Badger meters in the same period just him oh this is just Marne this is just Mark Wayne Mullen Y 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 two many hip like controversial eyebrow raising like oh wait the the the state that you represent just put a hundred M million dollars to upgrade their water systems oh wait you just bought the company that specializes in upgrading Water Systems oh wait now the stock is 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 the type of stuff that we see and you don't think it's possible he was taking tips from Jim Kramer on CNBC no no funny enough we have an inverse Kramer portfolio yeah yeah yeah so the people who built this country built it because they wanted Freedom one word Freedom they wanted freedom from oppressors who 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 to 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 Pure Talk says no to those prices with a qualifying plan you can choose an iPhone 14 or a Samsung Galaxy for nothing zero 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 so you get your iPhone 14 or Samsung Galaxy for nothing zero dollars with a qualifying plan go to Pur talk.com Tucker visit Pur talk.com Tucker for details America's Wireless company so how does Kramer do relative to say inverse ker uh he beats them so inverse Kramer was up 48% in 2024 wait inverse CR oh yeah yeah the in we have a portfolio that does the opposite of what he does yeah yeah yeah yeah yeah this I'm telling you that we're just we're we're a group of you know we're 15 now out in in uh Irvine California just around with some of these things and we're we're registered with the SEC are do you invest in funds you can't so I mean you can you can and you can't I don't buy like the Pelosi ones because I 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% you know I just don't even want to get into that world I though invest in um some of these other strategies I I have around 5K in a strategy provided by quiver Quant great guys they do what unusual Wells does similar on Instagram and Twitter they uh track the lobbying so they see which companies are spending the most on lobbying in DC yeah and then they build a strategy around it to see if a strategy like that outperforms the market over well I know what com what sector has spent a lot crypto y y I mean I mean I saw them everywhere on the road this fall really uh we have a JD Vance portfolio he has some uh uh Bitcoin his portfolio is very good he is uh he only is in um the ETFs so kudos to him but he owns some crypto 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 JD Vance but I would say without knowing any details he like had a legitimate you know career in that world before 100 yeah he so you could at least say JD Vance knows what an ETF is you 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 uh he had again credit to him he had money in Rumble so YouTube's competitor uh before he via his Venture Capital firm I I can't confirm this I've never met him but when he be got into office before he became VP he sold out of Rumble so only the the stocks that he owns are just the main ETFs can I ask you is there some easy or workable way for members of Congress to put all their investments into some blind yeah blind trust yeah yeah 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 hypocracy 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 uh so to credit to some of these politicians AOC has done a lot you know she's a fiery figure but uh she has had two bills she actually just released a bill a week ago called um the restore faith in Government Act and it calls for Banning political stock trading there's been around five bill yeah yeah she's been uh she had a bill with Matt Gates yeah um 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 um John ooff and a couple other politicians uh the reason why that one's important is because they got that to the Senate and in the Senate while they were um in one of the Committees the way that the bills enter the floors they have to get passed off by the committee um 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 Independence can't trade stocks through 2027 third any private investment you have you have to sell out of to run to become a politician 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 in 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 uh 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 major problem you know if you want to run and be a politician you'd have to sell out of your businesses if I were to run I would have to sell out of my businesses a farmer would have to sell it 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 Cala versus Trump Cala just picked um 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 uh future people yeah and I mean you know you 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 home ownership you know because like I own a piece of ground here you know country and you know it's crazy you had Trump in JD Vance JD Vance probably the most in my lifetime the smartest like most accomplished like guy running for politics that I've ever seen I think hee tremendous um you got him with Trump business guys first politician second yeah you got V business politician second on the other side you got Kamala career-long politician 20 plus years just parasite yeah J um 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 uh 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 vers career-long politicians that just know how to play The Game of Thrones in politics to be able to get to exactly nicely put that scared the out of me when they started talking about that at that uh well it may be just a way to kill the whole idea so that was the other thing is it a kill pill and I again this is why like I don't know yeah 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 um who I just want to say against a corrupt douchebag I just want to say that really clearly um 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 um just stop that yeah but you don't want to encourage like government by you know 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 like you want that skin in the game skin in the game I'm going to protect this country cuz it's mine yeah 100% and give me the incentive I'll give you the outcome it's like if you you have politicians that are incentivized for the good of families you know it's like I totally agree kids Trump Pro family exactly you're going to build for your grandkids not for you I would ban uh childless politicians from having too much power cuz 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 you know give rahana credit um the representative out of um San Francisco he's doing a lot on social media he doesn't have as 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 I agree and you know for 30 years it's just so obviously unwise you know um yeah at 85 at 75 you know it's just harder to yeah don't have the mental acuity that's just a fact um it's a biological fact but ignoring biology is one of our main our main pastimes at this point I'm growing up with that yeah my mom's a pediatrician I know she really believes in biology oh for sure yeah um that's pretty funny so um 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 yeah that this is the this topic gets a lot of conversation on um Tik Tok and Instagram particularly just mainly because it's like warmongering not warmongering the idea of even being able to profit from war probably shouldn't be allowed of course not but they do and you know whether they do it inherently or not if the three main companies are locked Martin General Dynamics and rathon Technologies rathon Ron's hard because rathon is the company behind the Israel's Iron Dome yes so Israel and Hamas that's proon like Ron's now selling missiles for the Iron Dome that were watching onx go off every two days back then when that all with Iran and all that um and um um Lebanon but the politicians Mark Wayne Mullen he sits on the armed services committee he owns Ron and locked Mart and we've called them out for it because that's to another degree because you sit on the committee uh never never heard anything about it um unusual Wales has a great report on what could possibly and again 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 that funds them yeah so my this is what's the problem with the way they they disclose right now is I don't know which ones are theirs or which ones are being run by a financial adviser because two some of the Pol some of them have financial advisers running their portfolios but they still have to disclose it my hope is that it's financial advisor is running some of these portfol 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 I'm uh whatever I've got some person doing that I guess but um 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 to your broker and say hey we can't buy anything that I regulate five minutes that's all it takes right yeah and again this is and you put that out there publicly and he still owns those yeah and we call out everybody yeah yeah there's no one that we I there's no polit like we called out the new politici this morning um I can't remember his name uh republican from Kentucky who sits on the uh accountability um committee he traded for the first time in three years we made a tweet about him uh Dan Goldman so Dan Goldman he's the rich guy from uh New York we called him out to the point where he stopped Trading because we were making all these tweets of like he's got a ton of inherited money 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 putting in a blind trust or just tell your uh 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 10 years just put an index fund put it in an index fund yeah it's not just do what everyone else is doing you know like well that's such a good point I it's it's not rocket science and that's why I don't feel bad for calling out anybody because it's like like Dan crenchaw 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 well then you could plausibly say if you had an index fund which is just the the whole Market you could just say I'm betting on America great good for you 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 that's right 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 Newsome 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 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 yeah yeah I 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 uh 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 um that that's looting on smaller proportions but you you for sure see it in California I think it's major I think Things Fall Apart when you stuff like that why doesn't someone shoot them I always think that I only see it on video haven't been to a CVS in a while but um I think it's just it's like you're begging for total collapse if you allow that exactly and my I 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 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 yes so we want them banned to get the trust back into that of course but problem with the ban is is it Con 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 uh 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 spouse can't trade stocks what if your kid is a hedge fund manager or your kid is you know get it like how do you ban that kid it it's hard 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 the things you tell your kids yeah it like you you show up at somebody's house you're 8 years old on Halloween and there's a huge basket of taking don't take everyone yeah when you're Halloween uh uh trick or treating you're not taking every big Reese's bar they don't they don't have Halloween in Africa because people just take every every Reese's bar but here we always have because there's a lot of self-restraint in the population so what do you do about that yeah uh 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 how long is a delay now 45 days and I don't I did a lot of re 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 um that's part 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 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 deoe deoe 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 I think the fact you're watching makes a big difference yeah I mean it has to right I think it has yeah that's what I tell myself you thought about you know calling doj or copying doj on some of these social media posts and saying you know maybe there there should be a a criminal referral here yeah and we haven't maybe that's the next step um 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 like that's for sure we'll see what happens because there's a lot of corruption in the country now it's not just the Congress yeah and the the hard part about this is the SEC with there's billion dollar schemes like they should have found SPF you know kind of thing um 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 abolutely agree and there should be a priesthood a secular priesthood in charge yeah I you know that's why they call them public servants yeah you know there's they're giving up something to serve their country I don't think that's unfair to ask people I feel like they've forgotten about it they forgot the whole 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 out 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 out 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 so spread the word get rewarded for it best nicotine pouch in the [Applause] [Music] world how are defense stocks doing they're up they're up they they had a uh they weren't up earlier this year I believe but I think they are I think the one that I followed in particular is Ron and I think Ron's up around 80% so my thought is lo heed and um General Dynamics are up to um but there's smaller ones I mean Tommy tuberville bought this company called humite and what humite 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 company do military research he buys a company that does military research the stock was up I think like 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 locky rathon right it's these companies that get military government contracts to help the the longtail that's all of Northern Virginia yeah right there I know yeah I was listening to a couple of your other podcasts yeah no I mean I'm I 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 Dallas 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 um tell us and I went right over this I'm sorry but about Jim Kramer you have an inverse Jim Kramer so if you were to invest with Jim Kramer Would You Do Better or Worse than say Debbie W and Schultz or Nancy uh in 2024 you would have done better and this is all up if people want to go on join autopilot.com um or even on our app autopilot you'll see all these numbers because I don't want to mess up the numbers and um but Kramer was up 48% stock market was up around 25% he was up not inverse oh sorry sorry Inver inverse Kramer was up oh in okay so so when you're talking about crr you're talking about Kramer stupidity do the oppos opposite of Kramer was up 48% and we balanced 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 uh he has this through CNBC um but yeah in Kramer has done 48 yeah that's crazy it's do you think it's a gag like I think it's social media not even social media I think it's just how media work it's headlines and you have to talk about but he's like a Harvard graduate who's like a genius everybody I mean I know he's obviously not a genius but but he's employed to tell you about the stock market but betting against him gets you 48% like how does that and he has a private stock market group that does all this stuff um 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 cuz 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 um 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 sum thousands thousands and thousands of percent up and Elon loves it 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 yeah or a whole bunch of dogs you get a chicken yeah exactly that's exactly right do you have any guesses no I mean I think like if I'm thinking about it because like I haven't really thought too much about it on the sense of um 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 know expert at this is you know you want to buy the news and sell the um or buy the buildup and then you sell the news yeah Kramer could just be slow with getting on to these popular stocks that by the time he's talking about Tesla by the time he's talking about hey you know 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 have a pseudo efish sort of thing that does the exact oppos based on his stupidity all based on his stupidity yeah or all based on what he thinks is right that turns out to be wrong that's incredible so you got Venture backing for all because it does sound like yeah I love everything I love it all but the fact that you made a business out of it is especially amazing 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 uh we got a lot of Nos 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 could be very popular because not only are they good it's also the perfect it's the perfect way to highlight the hypocrisy cuz it's like what better way 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 elon's retweeted us major thanks to you this is the first time we ever we've ever had a long for conversation about this our app is we when we launched it we were number two in the App Store no way 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 money much bigger much broader Ambitions and that's where the Venture uh the Venture backed part 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 if we lose the politician stock trading we lose a major chunk of our business for sure but you're still in favor of losing it 100% 100% cuz our mission is to instill trust back in the institutions and I I'm not an expert at this but this topic but like the way that we see it is knock out the politicians and this is all through autopilot autopilots are like our slogan in the broader when we pitch investors love the name by the way yeah I know put your money on it um it's to uh redefine money management so I'm 29 and we're about to go through the greatest wealth transfer in 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 doll this is when the Boomers died yeah yeah this is when the Boomers died and part of that money is in housing but there still is a lot that goes into money management 75% of kids who inherent 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 adviser 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 market place to find a money manager and then invest through that money manager in a way that you still have control and I I think like what you said earlier um and I'm sorry for rambling but no I love it 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 Black Rock and Vanguard having money and taking the the Assets in their own um ETFs and stuff and using that to swe public laws and public opinion in the compan in the states that they oversee they're getting sued in Texas they're getting sued in Florida and part of like whe 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 Black Rock there's possibilities for that to happen at a much broader scale than if you do it on that's exactly 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 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 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 um invested in Chinese stocks no and like if I have you know maybe a couple hundred bucks if you're trying to swing in Alibaba but if like you got half a million dollars in that retirement I don't want any of that invested in Alibaba cuz 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 uh invested in oil companies like I want to be proe 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 cuz if you can't trust even where your money is being invested 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 right and it it changes people if they conclude that the whole the whole deal is a scam yeah I live a lot of the you're in a really rural area and my whole life the no one I knew ever took any government benefits cuz the idea was that we're like proud you know workingclass 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 and it and it you know on 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 realize 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 look at Co exactly yeah happened with all the co loans the PO stuff or whatever yeah Pelosi was a big part of this too the p uh the PO with the the employees so there's documents so Pelosi owns a uh Hotel up in Napa I think it's a hotel um and she has had this one property that has made $100,000 lost 100,00 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 Co 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 uh 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 um I think by the New York Post uh right after Thanksgiving I think um and they highlight this and it's like was the corruption around these PPP loans these uh you know 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 cuzz uh 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 the $5 million that she makes it comes in as income you don't have to pay it back because it it's just so messed up it's disgusting 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 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 thank you appreciate it thank you again for having me on dude you 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 there are some great things yeah and it's not just us I I think Elon with X yeah saved everything because we had a Pelosi tracker on meta banned they banned it banned the first week yeah why uh I think in their disclaimer and whatnot they said they couldn't use the name Pelosi tracker you can't criticize any politician from the bay area where they're bed 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 uh 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 CNN's Fox News NBCS 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 the 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 oh it's wonderful everything about it is wonderful thank you for taking this time appreciate it I [Music] 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 in our economy and our politics with the wars 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 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