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Author Topic: Dave Portnoy of Barstool Sports Losing Money in Stock Market  (Read 6728 times)

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Offline Pete-zza

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Dave Portnoy of Barstool Sports Losing Money in Stock Market
« on: April 21, 2020, 03:41:29 PM »
Dave Portnoy of Barstool Sports has been day trading stocks during Coronavirus, and shows losses to date doing so. But we shouldn’t feel sorry for him or offer to buy him some pizzas. Get a gander at the value of the company and his net worth:

https://www.businessinsider.com/barstool-sports-founder-dave-portnoy-tries-day-trading-and-loses-2020-4

Peter


Offline foreplease

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #1 on: April 21, 2020, 08:14:31 PM »
That is wild. A bad combination of events, skills, and hubris.
-Tony

Offline Pizza_Not_War

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #2 on: April 21, 2020, 09:07:23 PM »
Very tough way to make a living. I'd bet 99% of all who try lose. I tried it for a bit and never made enough to spend all the time at it.

Offline norma427

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #3 on: April 22, 2020, 06:54:14 AM »
Dave has been trying frozen pizza's since the virus.  Maybe a forum members might send him one of their frozen pizza's.  :)

https://www.barstoolsports.com/blog/2314286/is-dave-portnoy-to-blame-for-the-united-states-running-out-of-frozen-pizzas

Norma

Offline corkd

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #4 on: May 19, 2020, 08:44:47 AM »
Dave Portnoy of Barstool Sports has been day trading stocks during Coronavirus, and shows losses to date doing so. But we shouldn’t feel sorry for him or offer to buy him some pizzas. Get a gander at the value of the company and his net worth:

https://www.businessinsider.com/barstool-sports-founder-dave-portnoy-tries-day-trading-and-loses-2020-4

Peter
The headline is funny- “switching from gambling to day trading”—- like they’re not pretty much the same thing?

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Offline jkb

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #5 on: May 19, 2020, 09:08:39 AM »
Dave has been trying frozen pizza's since the virus.  Maybe a forum members might send him one of their frozen pizza's.  :)

https://www.barstoolsports.com/blog/2314286/is-dave-portnoy-to-blame-for-the-united-states-running-out-of-frozen-pizzas

Norma


That crossed my mind.  I've wanted him to try my pizza.  He's a horse guy and comes to Saratoga. 

Of the two companies I worked for since the mid '80s, one makes ventilators and the other is developing a vaccine.  I'm up 20% ytd.
John

Offline foreplease

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #6 on: May 19, 2020, 02:21:19 PM »

That crossed my mind.  I've wanted him to try my pizza.  He's a horse guy and comes to Saratoga. 

Of the two companies I worked for since the mid '80s, one makes ventilators and the other is developing a vaccine.  I'm up 20% ytd.
Are you saying they are better off without you there?  :P


Seriously, that’s nice. Good for you.
-Tony

Offline jkb

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #7 on: May 20, 2020, 06:52:34 AM »
Are you saying they are better off without you there?  :P



For sure.
John

Offline HansB

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #8 on: May 20, 2020, 07:49:51 AM »

  I'm up 20% ytd.

Yet no D-28?  :P
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Offline jkb

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #9 on: May 20, 2020, 12:06:26 PM »
Yet no D-28?  :P

The lure of a j-45 is creating conundrum.
John

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Offline HansB

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #10 on: May 20, 2020, 12:47:20 PM »
Hmm. That is a tough one...
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Offline scott r

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #11 on: May 20, 2020, 12:57:16 PM »
Had both, kept the j-45 because it sounded better... and the d28 was 1955!

Offline foreplease

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #12 on: May 20, 2020, 01:36:07 PM »
The lure of a j-45 is creating conundrum.
Either way, get the Diesel upgrade if they offer it.  :-D
-Tony

Offline HansB

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Offline jkb

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #14 on: May 20, 2020, 03:32:24 PM »
I need to wait until I can go out and do some test drives.
John

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Offline HansB

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #15 on: May 20, 2020, 03:41:11 PM »
Exactly, several times when shopping for instruments what I thought I wanted was not what felt right.
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Offline Fiorot

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #16 on: May 20, 2020, 09:15:43 PM »
I love the Guy just for telling Goodell his is an asshole.  And for the amazing effort to do pizza reviews.  Whether you agree with them or not

Offline Wushuliu

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #17 on: May 27, 2020, 01:36:54 PM »
I wouldn't want to meet him in person, but I love his pizza reviews. He should be made an honorary Jersey citizen even though he's from Mass. cause he's so good at being 'that guy'. What guy? You know, that guy. You know, the *******. Oh yeah, that guy.

But those guys do know their pizzas.

Quarantine has short-circuited him a little though. And his frozen pizza reviews are all over the place.


Offline Pete-zza

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #18 on: June 10, 2020, 04:09:22 PM »
Dave Portnoy has declared Warren Buffett to be a failure and an idiot because of his recent sale of the airline stocks that he had in his portfolio at Berkshire Hathaway. If the video is viewed, please remember that it has the equivalent of an X rating because of the foul language:

https://www.marketwatch.com/story/warren-buffett-is-an-idiot-says-investor-who-claims-daytrading-is-the-easiest-game-ive-ever-played-2020-06-09?siteid=yhoof2&yptr=yahoo

Peter

Offline parallei

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #19 on: June 10, 2020, 11:27:38 PM »
Dave Portnoy has declared Warren Buffett to be a failure and an idiot because of his recent sale of the airline stocks that he had in his portfolio at Berkshire Hathaway.
Peter

Hubris Comes From Ancient Greece

English picked up both the concept of hubris and the term for that particular brand of cockiness from the ancient Greeks, who considered hubris a dangerous character flaw capable of provoking the wrath of the gods. In classical Greek tragedy, hubris was often a fatal shortcoming that brought about the fall of the tragic hero. Typically, overconfidence led the hero to attempt to overstep the boundaries of human limitations and assume a godlike status, and the gods inevitably humbled the offender with a sharp reminder of his or her mortality.**

** Merriam - Webster
« Last Edit: June 10, 2020, 11:30:42 PM by parallei »

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