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And now, here's your host, NLW.

Welcome back to The Breakdown.

It is Saturday, June 20th, and this is the weekly recap.

Pandemic boredom in March, Matt, markets crashing have given rise to a brand new batch of active traders, perhaps as many as 10 million.

And finding himself with a lot of money and a lot of time, Barstool Sports founder Dave Portnoy took to the Robin Hood app and started a revolution.

And now he's making his mark and pissing off Wall Street in the process, beating them with an army of

millennial traders backing him up. Dave Portnoy joins us now. Dave, thanks for joining us.

Thanks for having me. So let's talk initially. I know you got in this. It was a lot of fanfare.

You admit that there were some growing pangs. Explain, you know, just sort of the process.

You know, you started doing some trades.

What did you learn and the adjustments you quickly made?

So, yeah, when I got involved, I learned what shorting the market was. So I bet against Boeing a little bit.

I bet against Lulu Lemon, and I got my butt kicked. And then I realized that stock market has no effect on the real world and vice versa.

That it's its own universe, that the wise guys on Wall Street, the pinstripe suits,

has the thing all rigged for their benefit.

And once my brain adapted and was able to figure it out, quickly I realized stocks only go up.

So we just keep betting on stocks to go up and they keep going up. So since then, it's been a

pretty easy game. Of course, you just heard Dave Portnoy El Presente himself on Fox business

from this week talking about how easy this game was once he figured out the rule

that it was rigged and the stock market always goes up. And this is, I think, a useful setup for

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