Dusseldorf US Democrat Nancy Pelosi outstrips Warren Buffett. At least those traders who frolic in the online forum Reddit are convinced of this. Without further ado, they named the Speaker of the House of Representatives the greatest investor of all time. She does not trade in securities herself, but her husband does.
Since Nancy Pelosi is a member of the US Congress, her husband Paul Pelosi, head of venture capital firm Financial Leasing Services, must also report all stock market transactions. The trades are publicly visible – and thus also the hits that Pelosi has landed in the past with options on Google’s mother Alphabet or Disney. On platforms like Youtube, Tiktok and Co. there are now countless videos of people imitating Pelosi’s investments.
But critics say Nancy Pelosi faces a conflict of interest in her dual role as politician and investor’s wife. Some even suspect them of insider trading. So is Paul Pelosi’s success actually based on a good strategy or rather on cleverly placed internals? Handelsblatt US correspondent Katharina Kort analyzes the debate.
Also: Handelsblatt reporter Larissa Holzki presents a possible new concept for success for the German start-up scene. Specifically, it is about the financing of young companies. So-called continuation funds are intended to solve a central problem and give start-ups more time for a sale or IPO. Time that they often lacked before with conventional venture capital funds limited to ten years.
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You will learn why time plays such an important role in this context, how such a continuation fund works and which German company could benefit first from such a fund.
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