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

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Offline quietdesperation

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #80 on: July 24, 2020, 12:03:39 PM »

Expletives and coarse language are among the most imaginative of all dialogue.  Every society across the world has a creative way to scorn others. Cockney rhyming insults and of course, other slang are rich with imagination.

 yes, I agree there is a place for coarse language in literature and theater/movies, but in my experience, 99% of uttered expletives are reflexive, repetitive and unimaginative.  Perhaps you live or have lived in a place where the people around you have taken coarse language to literary heights, but I can tell you nyc is not that place and all you have to do is listen to portnoy for a while to get a sense of it.
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Offline Fiorot

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #81 on: July 24, 2020, 07:03:04 PM »
He is from Boston WTF not NYC  WTF talking about NYC like    F^^King that.    F**K that F^^Ker

Offline Chicago Bob

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #82 on: July 24, 2020, 07:40:49 PM »
He is from Boston WTF not NYC  WTF talking about NYC like    F^^King that.    F**K that F^^Ker
  You're deep man.   ;D
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Offline hammettjr

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #83 on: July 26, 2020, 10:14:43 AM »
Somehow (I dont know the backstory yet) Portnoy interviewed President Trump at the White House. Below is a link from Trumps official YouTube.

I have no intent of making this thread political, let's try to stay away from it. But pretty amazing business this guy built...I think he started by handing out sports newsletters on the streets of Boston.




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Offline Gene in Acadiana

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #84 on: July 26, 2020, 01:15:54 PM »
The guy makes his female employees sign NDAs so they can't sue him for sexual harassment and illegally threatens to fire workers who try to unionize. I wouldn't call that an amazing way to build a business.

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Offline hammettjr

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #85 on: July 26, 2020, 04:07:14 PM »
Well, if that stuff is true, I'd think that it was implemented after he built the business...no one sues a broke guy handing out flyers.
Matt

Offline Pete-zza

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Offline Quebert

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #87 on: August 25, 2020, 12:50:55 PM »
The guy makes his female employees sign NDAs so they can't sue him for sexual harassment and illegally threatens to fire workers who try to unionize. I wouldn't call that an amazing way to build a business.

Well, this might explain how he got the interview with Trump lol.

Offline Fiorot

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #88 on: August 25, 2020, 06:27:06 PM »
Well, this might explain how he got the interview with Trump lol.
Not funny to me and if you want be snarky maybe you need to be on another forum.  I do not come here to read your political slime.

Offline wotavidone

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #89 on: August 26, 2020, 05:45:09 AM »
yes, I agree there is a place for coarse language in literature and theater/movies, but in my experience, 99% of uttered expletives are reflexive, repetitive and unimaginative.
Yes.
Overuse of obscenity and profanity seriously reduces its effectiveness.
e.g. Being a somewhat urbanised Australian, I swear far too much.
The result of that is no one takes any notice when I'm truly ticked off.

On the other hand, my 80 year old mother never calls a bowel movement a %$# when the word poop will do.
If she says the "F" word, we all sit up, shut up, and seriously take notice.
(If she ever says the "C" word, you can assume the world is about to end.)


 
« Last Edit: August 26, 2020, 05:48:45 AM by wotavidone »
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Offline jsobolew

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #90 on: September 12, 2020, 10:57:37 PM »
I've been watching the one-bite videos released during the pandemic where he's on the street, interacting with people, eating pizza, etc. and no one is wearing masks. He says stuff like "we ain't afraid of no 'rona." I guess it eventually caught up to him.

Offline 02ebz06

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #91 on: September 13, 2020, 12:04:23 PM »
Yes.
Overuse of obscenity and profanity seriously reduces its effectiveness.
e.g. Being a somewhat urbanised Australian, I swear far too much.
The result of that is no one takes any notice when I'm truly ticked off.

On the other hand, my 80 year old mother never calls a bowel movement a %$# when the word poop will do.
If she says the "F" word, we all sit up, shut up, and seriously take notice.
(If she ever says the "C" word, you can assume the world is about to end.)

When I used to work in a Hospital in Philadelphia, one of the guys would have F bombs roll off his tongue every other word, at work. Didn't matter who was around.
He lived in south Philadelphia, and it is just part of the vocabulary for men and women in neighborhoods there.
Bruce here... My cooking toys --> FGM 800-B Pizza Oven, Pellet Grill, Pellet Smoker, Propane Griddle, Propane Grill

Offline Pete-zza

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #92 on: October 03, 2020, 07:29:33 PM »
For those who are interested, there is a very good podcast featuring Dave Portnoy this week on Masters of Business, at:

https://www.bloomberg.com/news/audio/2020-10-02/dave-portnoy-on-the-business-of-sports-media-podcast

The host of the podcast is Barry Ritholtz, who is the  co-founder, chairman, and chief investment officer of Ritholtz Wealth Management, a money management firm with its main offices in New York City. Ritholtz usually interviews people in the finance and investment arenas although from time to time he will interview entrepreneurs and other business people. Also, in Portnoy's case specifically, he has become a rabid stock market trader once the sports side of his member went south with Coronavirus, and has gained quite a following on Wall Street, and especially among young day traders.

I would say that I listen to about ninety percent of Ritholtz's podcasts. When I saw that Dave Portnoy was this week's interview, I had to listen. I wondered whether pizza would be covered and it was mentioned, but only very briefly, in the opening remarks. But I listened to the interview anyway because I found it fascinating. But, lo and behold, at around 00.43-00.44 minutes in the interview (the whole interview runs to a bit less than an hour), Ritholtz specifically raised the question about how Portnoy ever got into the pizza side of his business. It turns out that Ritholtz is crazy about pizza. The discussion on this topic was quite interesting, including Portnoy naming some of his favorite pizza places and also some of the lesser favorites. The pizza discussion ends at around 00.51, so members can listen to only the pizza part of the interview if they so wish. The rest of the interview is directed to standard questions that Ritholtz asks all of his guests.

Peter

Offline Pete-zza

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #93 on: March 05, 2021, 12:43:46 PM »
Dave Portnoy is now backing an ETF (exchange traded fund) seeking to ride the companies most loved by investors online. The ETF has gone bananas:

https://preview1.advisorperspectives.com/articles/2021/03/05/portnoy-backed-etf-sees-third-highest-volume-ever-in-a-debut

Peter

Offline quietdesperation

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Re: Dave Portnoy of Barstool Sports Losing Money in Stock Market
« Reply #94 on: March 05, 2021, 09:40:34 PM »
Dave Portnoy is now backing an ETF (exchange traded fund) seeking to ride the companies most loved by investors online. The ETF has gone bananas:

https://preview1.advisorperspectives.com/articles/2021/03/05/portnoy-backed-etf-sees-third-highest-volume-ever-in-a-debut

Peter

at the outset of the gamestop play, I texted the ex-cto of a well-known advisory firm that we should write a program to determine user sentiment on reddit, etc. Of course, there are already 1000s of programs  trading off of internet-based user sentiment but the idea was to focus on WSB and a few others.

 I give these guys credit for getting it done (the etf, not the AI platform, which is very easy at this point) so quickly. If I thought of it, and they thought of it, it's hard to see them returning alpha but I'd guess Dave and the creators of the ETF don't give a whit about making money for their investors. But that is the way of wall st.
« Last Edit: March 05, 2021, 11:53:29 PM by quietdesperation »
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