I love this stuff! The key takeaway is anyone can participate. I do believe money is better in centralized regulated systems and we can still play in crypto.

Sosnoff refused to offer any backing of his claims that active trading beats the market. His rhetoric was that of a scam artist. His goal seems to be to drive traffic to his platform to make risky investments that are inappropriate for a small investor, risking major losses on options and pump-and-dump schemes. Wildly inappropriate comments like his do not deserve airtime.

In the running for worst episode of this series. Sosnoff made no arguments that address the question at hand using data that is verifiable or from a reputable source. Instead, he made strange claims about it being a good thing to spend all of one's time thinking about frequent trading. Absolutely terrible.

Sosnoff delivers a sure fire recipe for small investor disaster. First of all he doesn’t really pretend to be an investor, but rather a full time wedge artist, making money in every niche and crevice he can find. He concedes that buying Apple on a Tuesday and selling on Thursday is what he is about. Touting NFTs, bitcoins, et. al. to the unsophisticated might well make him money. But none of his pronouncements have anything to do with the long term economic advancement of this country. Betting on the general advancement by investing passively or spotting a company, following it closely and betting on its success by purchasing its stock is just too old fashioned. How the little guy will do vs. a character like Sosnoff? I’ll bet on Sosnoff. Against a shark the little guy doesn’t have a chance. .