rant · moment 2 of 24
Hedge Fund Guys Crying on CNBC
from #237 - Buy The Dip | The Tim Dillon Show · #237
3 min
He riffs on Leon Cooperman and other hedge fund managers tearing up on television, framing it as fake concern for the little guy while their money gets threatened.
- The wealthy don't want ordinary people in the Hamptons or at their country clubs.
- Hedge fund managers are literally crying on CNBC about retail investors buying stocks on Robinhood.
- They claim they're upset about market fundamentals, but they manipulate prices constantly themselves.
- Tim's analogy: hedge fund guys crying about retail traders is like strangers getting upset when you win money on a scratch-off.
- Instead of lying about market catastrophe, CNBC hosts should just admit they're working on the next pandemic.
- Tim joins Clubhouse, an invite-only audio chat app where entrepreneurs and venture capitalists network.
- Michael Gruen, a Bitcoin entrepreneur who owns the Sway House TikTok collective, sponsored Tim on Clubhouse.