Chris Josephs
speaker
1,553 appearances
9 recordings
4 series
first heard Sep 2024
last heard 15 Sep
Chris Josephs’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 6 in all, peaking in Jun 2026 with 3.
Appearances
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.
So instead of you needing $5 million to buy 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, 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, 2.3, whatever massive infrastructure bill. 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 can't just tell people to go buy electric cars. You need to have the infrastructure. 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 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 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, I think, re-triggered 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 head speaker, 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 Tesla? So 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're buying a contract and that gives you the ability to buy 100 shares of that underlying stock. It's pretty complex-ish.
So 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 thing 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. But on that Tesla one in particular, I think it was like 40 to 50.
So Nvidia is the second trade that got the masses attention. For people to know, tell us what Nvidia is. Nvidia is a semiconductor. They're essentially 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 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 dollar 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 dollars of infrastructure for chips and subsidies for them she bought nvidia i think a couple months before that oh come on 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 TikToks. We start 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 stock was already coming down. This was when the market started falling.
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? 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 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. She's never done that for when she's profited. She's only done it when she's lost.
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 of course
yeah it gets lost yeah gets lost in the media drop bad news on Fridays that's exactly yeah 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
Showing 1241–1260 of 1,553 · page 63 of 78
← Previous
Next →