Why Did Nancy Pelosi Dump Apple? 🍎
Last week we highlighted Nancy Pelosi’s recent $516k sale of Apple. But technically, Nancy selling Apple wasn’t a straight sale. In fact, she donated 2,900 Apple shares to Trinity College, her husband’s alma-mater. And just three months ago, she purchased $1 million worth of Apple shares, making it by far her single largest holding.
The question remains, why would Nancy Pelosi donate 2,900 shares to Trinity College? Is she just in the giving mode? Or is there something else happening behind close curtains to explain her recent stock move.
In this newsletter we dig into her recent transaction with Apple and more specifically dive into these topics:
Major tax write-offs when you donate shares to a non-profit institution.
The long-lasting goodwill you achieve for your family’s legacy when you have the money and assets to give.
Strategic move to generate positive publicity for a public figure.
There is a lot to cover this evening. So, let’s dig in.
Why Did Nancy Pelosi Dumped Apple?
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