#392: Dave Portnoy on Barstool, Betting, and Bitcoin

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.8 • 1.9K Ratings

🗓️ 25 September 2020

⏱️ 77 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Dave Portnoy is the founder of Barstool Sports. In this conversation, we discuss the business behind Barstool, the new sportsbook they launched, why Dave started trading stocks, how he manages his money, and whether he is going to buy Bitcoin or not. ============================== Athletic Brewing is re-imagining beer for the modern adult. We love beer. But we also love being healthy, active and at our best. No matter your motivation, if you want to keep a clear head and drink healthier, we are here for you. Athletic makes non-alcoholic beer that you don't have to compromise to enjoy. The beers are fully flavored, clean ingredient, and a fraction of the calories of full strength beer - they fit in any occasion. Check out www.athleticbrewing.com for more details and free shipping nationwide. ============================== Choice is a new self-directed IRA product that I'm really excited about. If you are listening to this, you are likely part of the 7.1 million bitcoin owners who have retirement accounts with dollars in them, but not bitcoin. I was in that situation too. Now you can actually buy real Bitcoin in your retirement account. I'm talking about owning your private keys and using tax-advantaged dollars to do it too. Absolute game changer. https://www.retirewithchoice.com/pomp ============================== How do billionaire investors control their risk? They invest in blue-chip art. If that sounds unusual to you, you’re not alone. But the ultra-wealthy have been investing in art for centuries. And since 2000, art has outperformed the S&P by an incredible 180%. Just a few years ago, a single work sold for $450 million! Imagine...Being able to invest in the very same paintings as millionaires and billionaires, at a fraction of the cost. Now you can with http://www.masterworks.com/ and use code "POMP"

Transcript

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0:00.0	What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp podcast.
0:06.0	Simply the best podcast out there. Let's kick this thing off.
0:10.0	Dave Portnoy is the founder of Barstool Sports. In this conversation, we discussed the business behind Barstool, the new sports book they launched, why Dave started training
0:21.3	stocks, how he manages his money, and whether he's going to buy Bitcoin or not. I really
0:26.9	enjoyed this conversation with Dave, and I hope you do as well. Before we get into the episode,
0:31.4	though, I want to quickly talk about our sponsors. First up is athletic brewing. They're reimagining
0:36.3	beer for the modern adult. We love beer, and so do they. But they've also loved being healthy, active, and at their best. No matter your motivation, if you want to keep a clear head and drink healthier, athletic brewing is there for you. My entire refrigerator is literally stocked with this stuff. Myself and my brothers drink it all the time.
0:55.0	It tastes just like beer.
0:56.2	It just has no alcohol in it.
0:57.9	Athletic makes non-alcoholic beer that you don't have to compromise to enjoy.
1:02.1	The beers are fully flavored, clean ingredients,
1:04.3	and a fraction of the calories of full-strength beer.
1:06.6	They fit in in any occasion.
1:08.2	If you want to drink Sunday through Thursday night,
1:12.6	athletic brewing's the choice for you.
1:15.7	Then you can go wild on Friday and Saturday nights with the real thing.
1:20.9	So go check out athletic brewing.com for more details and free shipping nationwide.
1:23.3	Again, athleticbrewing.com. If you use code pomp 25, pomp 25 is the code at athletic brewing.com.
1:29.1	They'll give you 25% off your first order. Go check out athletic brewing.
1:33.4	Next up is choice. There are a self-directed IRA product I'm really excited about.
1:37.9	If you're listening to this, you're likely part of the 7.1 million Bitcoin owners who have
1:41.4	retirement accounts with dollars in them, but not Bitcoin.
	...

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