Barstool founder Dave Portnoy expressed frustration over losing $7 million in stock and cryptocurrency after President Trump's new tariffs. Portnoy described the tariffs as a mess and admitted he struggles to understand their implications. Despite his significant financial loss, he reaffirmed his support for Trump, believing the president is playing a high-stakes game. Portnoy's criticism towards Trump has been rising lately, particularly concerning mishaps like the Signal-gate incident, but he opts to give Trump some time amid the tumultuous financial landscape.
I'm down 7 million bucks in stocks and crypto. It's tariff city. Trump has put his tariffs all over the place. I've been trying to understand them - I don't.
I voted for Trump. I think he's a smart guy... I'm gonna roll with him for a couple days, a couple weeks. I'm going to give Trump the benefit of the doubt.
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