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Dave Portnoy Launches Social Media Driven ETF

“According to Portnoy, BUZZ index beat the S&P 500 by 40% in 2020.”

Brandon Contes

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Dave Portnoy

Barstool Sports founder Dave Portnoy continues to display an immense interest in the stock market since launching Davey Day Trader Global last year. He regularly tweets about daily stock trades and was very vocal about GameStop’s recent market volatility. 

Now Portnoy has announced his next venture, an exchange-traded fund (ETF). ETF’s are a publicly traded investment fund, bought and sold on the market just like a regular stock. To do this, Portnoy is partnering with VanEck and providing his marketing prowess to launch the VanEck Social Sentiment ETF, which will be referred to by the New York Stock Exchange as BUZZ. 

https://twitter.com/stoolpresidente/status/1366757688542191619?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1366757688542191619%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fpublish.twitter.com%2F%3Fquery%3Dhttps3A2F2Ftwitter.com2Fstoolpresidente2Fstatus2F1366757688542191619widget%3DTweet

As explained by Portnoy in his recent “Emergency Press Conference,” BUZZ will invest in stocks that are garnering the most interest from social media. Launching March 4, BUZZ will hold stock in 75 companies with a market cap of $5 billion, and it will rotate stocks based on social media interest. 

When you invest in BUZZ, it redistributes your money to the top 75 stocks using its algorithm. According to Portnoy, BUZZ index beat the S&P 500 by 40% in 2020.

Recently, social media has been an influencer of stock market performance, as seen by what happened when Redditors targeted GameStop, AMC and others last month. It drove stock prices higher and negatively impacted some large hedge funds. BUZZ will seemingly use that sentiment to follow social media trends as part of its algorithm which will use traditional data as well.

An ETF based on social trends was launched in 2016, called BUZ. It closed in 2019 after struggling to build assets because of a lack of buzz. That’s where Portnoy comes in as the wild card. If the ETF performed well but failed to gain traction because it wasn’t noticed, Portnoy’s marketability should fix that.

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Saquon Barkley to WFAN’s Tiki Barber: “Don’t Feed Into the B.S.”

Barkley said any narrative that he chose to go to Philadelphia over staying with the Giants is incorrect because New York never offered him a contract.

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Logo for the New Heights podcast and a photo of Saquon Barkley

Former New York Giants and current Philadelphia Eagles running back Saquon Barkley made an appearance this week on New Heights, the podcast hosted by Travis and Jason Kelce. In addition to several football related topics, Barkley spoke about his war of words with WFAN host and former Giants running back Tiki Barber.

After Barkley signed with the Eagles on a three-year, $37.5 million deal, Barber said that Barkley was “dead to us,” referring to New York Giants fans. Barber has said those comments were more about what the fans were thinking and were “tongue-in-cheek.” Barkley came back at Barber on social media and said he was a “hater” since he came to New York.

In explaining what made him upset about Barber’s response, Barkley said he didn’t think it was right to be attacked by a former player.

“I love seeing NFL guys, I love seeing OGs, I love seeing you guys, you have a platform, this is a place where you know ball, you can talk, you can educate fans,” Barkley said. “Maybe use that time to show, ‘Maybe this is why Saquon is going to Philly’ … the business side of it, use that to show, I’m not saying you got to have loyalty to me because I don’t care for that, to be honest, but you are an ex-NFL player, an ex-NFL athlete, don’t feed into the B.S., let fans do that, they’re supposed to do that, they’re emotional.”

Barkley said any narrative that he chose to go to Philadelphia over staying with the Giants is incorrect because New York never offered him a contract.

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Joe Buck Misses Calling Baseball But Says He’s Already Called it for “A Lifetime”

“People go, ‘Do you miss calling baseball?’ — I did it for 35 years, that is a lifetime in broadcasting…I feel like I put my time in.”

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Picture of Joe Buck
Credit: Richard Shotwell AP

Longtime sports broadcaster Joe Buck gave up calling baseball when he made the switch to ESPN and, while he says he misses the sport, he’s called 35 years’ worth of the sport. On the latest edition of Nothing Left Unsaid with Tim Green, Green asks his former broadcast partner about the lack of baseball in his life. While Buck says he misses parts of baseball, he doesn’t miss all of it.

“People go, ‘Do you miss calling baseball?’ — I did it for 35 years, that is a lifetime in broadcasting…I feel like I put my time in. I did 24 World Series — that’s a lot, 24 more than I ever expected to do on national television. What I do miss is calling the game for the home crowd. I do miss the local stuff, where you go into the booth, and you’re the Cardinal announcer, and when the Cardinals win, ‘Yay,’ and when the Cardinals lose, ‘Boo.’ When you do the network stuff, it’s like death by 1000 cuts. It’s, ‘you hate my team, screw you,’ and it gets in your head and it takes a little bit of the fun out of it…I don’t miss the stress that comes with all that, but I do miss calling baseball for [a local team]…You show up, you’re not just there for an organization, but for their fans, and you’re kind of rooting along with them. That’s fun. And so, I miss that, but as far as the national stuff, I don’t miss a lot of that.”

Buck reiterated points he made months ago on 810 WHB with Jason Anderson. “I miss doing local baseball. I miss putting on a headset and being the eyes and ears of Cardinal fans, Royal fans, Rangers fans, whatever,” Buck said back then. “That’s more fun than being Switzerland and getting all the junk that comes with it.”

He stopped calling baseball when he and longtime football partner Troy Aikman moved from FOX to ESPN to call Monday Night Football. While he said publicly that he would miss calling the World Series, he also said the 2022 World Series would have been his last anyway. Buck says he may one day feel compelled to call baseball again, though, saying, “I’ve never said that before, but I just feel like I’m 53, basically 54, [and] I think it’s too early to say nevers at this point in my life. I think at some point, I’ll get the itch again.”

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Former Red Sox Pitcher Jonathan Papelbon Joins Roster of ‘Foul Territory’ Hosts

“I am joining the Foul Territory podcast full-time, no more guest spots…I’m coming in and I can’t wait to pop a bottle on this year’s baseball season.

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The already-stacked roster on Foul Territory just got its closer. Jonathan Papelbon, formerly of the Boston Red Sox, Washington Nationals, and Philadelphia Phillies, announced today that he was joining fellow former All-Stars A.J. Pierzynski, Todd Frazier, Adam Jones, Lorenzo Cain, Brock Holt and Jason Kipnis on the show.

The podcast also features former MLB Network host Scott Braun and former 11-year MLB catcher Erik Kratz.

“I am joining the Foul Territory podcast full-time, no more guest spots,” Papelbon said in a video posted to his X account. “Whether it’s a big Ohtani gambling scandal or me giving you baseball gambling winners…I’m coming in, no bulls—-, real talk, and I can’t wait to pop a bottle on this year’s baseball season.”

Papelbon has been a contributor to the show in the past as a guest but will now join in an official capacity. He has also contributed to linear and digital content for NESN since 2021 and will reportedly head to the booth this year.

The former closer will join Alanna Rizzo on the Foul Territory network, who was brought on just a week ago to co-host the podcast’s live program, Fair Territory, with baseball insider Ken Rosenthal.

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