00:00 Part 2 of buying the same stocks as US lawmakers for 100 days.
00:03 We're currently at 11 days into the challenge and we're more or less flat since we started.
00:07 But I think things are about to get interesting, and here's why.
00:09 We just found out that House Speaker Nancy Pelosi has accumulated over 20,000 shares
00:13 of Nvidia worth about $3.3 million.
00:16 Amazingly at the same time that we found out about this position, she threw her weight
00:19 behind a stalled $50 billion Chips Plus bill that would provide $52 billion in funding
00:23 for semiconductor manufacturing grants and investment tax credits for the chip industry.
00:28 This bill stalled out back in March, but because of Nancy Pelosi putting her weight behind
00:31 it on the Congress schedule for Tuesday, July 19th, because of this, I've trimmed about
00:35 10% of my portfolio and will be adding Nvidia to it ahead of this possible bill.
00:39 So if you want to see what else lawmakers are buying, check out Quiver Strategies where
00:42 I have a bot that makes portfolios based on what stocks lawmakers buy.
00:45 And as always, until next time.
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