Portnoy, the founder and president of Barstool sports, began day trading and sharing his thoughts on the stock markets after the big crash in March of 2020.
In an interview with FOX Business in early September 2020, Portnoy talked about profiting $4.5 million over the course of a few months. “I’ve deposited $5 million. I’m at about $9.5 million right now.”
Merry Christmas! I'm proud to support @stoolpresidente & the great #barstoolfund to help small businesses in these tough times with a donation of $100,000 from my charity @karmagawa & thanks to my student @mrileytrades for challenging me, please retweet, let's get more donations! pic.twitter.com/FSJAUizfW2
He claims the algorithms beat the S&P 500 by 40% last year. The ETF will be updated monthly “based on the most positive sentiment, not only from [Portnoy] but from everyone on the internet.”
The ETF is scheduled to start trading on Thursday on the NYSE under the ticker symbol BUZZ.
One never knows what Portnoy has up his sleeve, and legions will be watching this new ETF.
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