Chris Josephs
👤 PersonAppearances Over Time
Podcast Appearances
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, not only just a normal kind of investment account, his retirement account, he sold the whole thing.
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, not only just a normal kind of investment account, his retirement account, he sold the whole thing.
No, no, no, no. Yeah, the retirement account is something you don't touch. Those are the simply buy and hold, 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? Yeah. You don't just do that while you're the chair of the Senate Intelligence Committee, you know?
No, no, no, no. Yeah, the retirement account is something you don't touch. Those are the simply buy and hold, 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? Yeah. You don't just do that while you're the chair of the Senate Intelligence Committee, you know?
No, no, no, no. Yeah, the retirement account is something you don't touch. Those are the simply buy and hold, 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? Yeah. 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 I get passionate about. It's like, I'm not even a political guy. 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. We should stop this. The story though then goes, February 13th, he sells off 1.65 million.
But to make this, this is why I get passionate about. It's like, I'm not even a political guy. 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. We should stop this. The story though then goes, February 13th, he sells off 1.65 million.
But to make this, this is why I get passionate about. It's like, I'm not even a political guy. 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. We should stop this. The story though then goes, February 13th, he sells off 1.65 million.
30 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.
30 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.
30 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.
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.
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.
And the other argument to be had is around February 13th, I don't remember the headlines that were coming out. How extreme was that? If you're the brother-in-law, of course you sell out. Of course! 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 the other argument to be had is around February 13th, I don't remember the headlines that were coming out. How extreme was that? If you're the brother-in-law, of course you sell out. Of course! 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 the other argument to be had is around February 13th, I don't remember the headlines that were coming out. How extreme was that? If you're the brother-in-law, of course you sell out. Of course! 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 course. So then what they do with the money?
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 course. So then what they do with the money?
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 course. So then what they do with the money?