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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Julius Wong who wrote (163364)	10/5/2020 6:46:41 PM
From: TobagoJack	Read Replies (1) \| Respond to of 219107

<<pictures>> it ought to be a draw for the puffins and and the two elephants photos in the meantime I think I appreciate Davey Portnoy much more. He is okay by my read. It is his followers who must learn harshly, am guessing. Davey should do okay, most likely, in whatever he chooses to do. bloomberg.com Dave Portnoy's Pivot to Stocks from Sports The pandemic has given the founder of Barstool Sports a new career opportunity. Barry Ritholtz 6 October 2020, 01:30 GMT+8 Barry Ritholtz is a Bloomberg Opinion columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He is the author of “Bailout Nation.” Read more opinion Follow @ritholtz on Twitter LISTEN TO ARTICLE It only took Dave Portnoy 17 years to become an overnight sensation. The web entrepreneur, pizza reviewer and day trader – and founder of Barstool Sports – began as a “one man band,” doing everything himself. As this week’s guest on Masters in Business, Portnoy wrote copy, sold ads and headed twice a day to Boston’s financial district to hand out the four-page “fanzine” in person starting in 2003. Earlier this year, publicly traded Penn National Gaming Inc. took a 36% stake in Barstool Sports, valuing the company at $450 million. After selling a 51% stake to private equity firm The Chernin Group LLC in 2016, Portnoy relocated Barstool Sports to New York. The company added new writers, podcasts and videos. It is known for not only sports betting but for pop culture content, including Portnoy’s attempt to review every pizza place in New York City (“ One Bite With Davey Pageviews).” Once live sporting events and gambling were cancelled due to the pandemic, Portnoy pivoted, becoming “ Davey Day Trader,” inspiring an “ an army of 1.8 million Twitter day traders” who track his every trade. A transcript of our conversation is available here. You can stream and download our full conversation, including the podcast extras on iTunes, Spotify, Overcast, Google, Bloomberg, Stitcher and Acast. All of our earlier podcasts on your favorite pod hosts can be found here. Be sure to check out our Masters in Business next week with Joel Greenblatt, whose Gotham Capital presided over an annualized return of 50% for a decade. His firm Gotham Asset Management manages a variety of funds that have beaten market indexes. He is an adjunct professor at Columbia Business School on value and special situation investing. His latest book is Common Sense: The Investor’s Guide to Equality, Opportunity, and Growth. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. To contact the author of this story: Barry Ritholtz at britholtz3@bloomberg.net To contact the editor responsible for this story: Robert Burgess at bburgess@bloomberg.net Before it's here, it's on the Bloomberg Terminal. LEARN MORE