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Hello the Internet, and welcome to

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this episode of Leon Cooper

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trend Uh.

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Yeah, baby, he is.

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Uh he's trendix. So I thought

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it turned his name into

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the name of today's episode. How

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that thought process went. Um,

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I'm Jackie. That that's what we

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were in favor of transparency. I'm

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jack that's Miles. This is what

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is trending. Let's kick it off with

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Leon Cooperman. This is the dude who

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Bernie Sanders was referring to when

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he said billionaires are going on

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TV, uh crying

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because they think they're gonna have to pay their fair

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share of taxes. Uh.

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He did, in fact go on TV and start crying

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about the idea of you know,

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Bernie Sanders winning and making

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him pay his fair share. Oh, I

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mean shout. Let's just maybe we should

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just dine in some billionaire tears

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for a moment. Yeah, because look, the

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Reddit thing has all these motherfucker's so

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twisted up and bent out of shaped like.

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But but we're the ones who get to

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funk the economy and play with it like that.

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So here's the Cooperman on CNBC.

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The reason the market is doing what he's doing is

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people are singing at home giving the checks in

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the government, okay, And this fair

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share is a bullshit concept. It's

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just a way of attacking wealthy people. And

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you know, I think it's inapproper we're all gonna work

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together and pulled together. Who

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who's working together? The

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working people to

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take your money. They're trying to take your

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money, sir. But yeah,

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I mean, this is a guy who is like, you

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know, he's he's gotten involved a

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little insider trading. You know, maybe

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the SEC was like, you need to wear a monitor,

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you know, because we're so worried about

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your factory when it comes to the stock market

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that he's boo hoo hooing it's

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unfair too roots people. I'm

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that's not that is not a concept is

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valid, right, that's not. That's

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not a valid concept of he's unfair

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to the rich. That's not. That's not valid

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in this In this world, there's

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there's no version of justice

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or just distribution of property

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that makes makes

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sense in a world where billionaires exist.

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And this motherfucker is a billionaire.

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Um and his you just get

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such a clear idea of him

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and everybody he talks to, his

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idea of of the rest

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of the world of people just

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sitting at home collecting their

2:39

checks and just you know,

2:41

trying to attack wealthy

2:43

people. I mean, yeah, that's where I'm just like, hey, Reddit, go

2:46

figure out what Leon Cooperman is going short on?

2:48

Right? How about that? How about

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that? Like I feel like I'm

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like, in my really funny brain

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that's like overly optimistic. I'm like, this

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could be the kickoff of like a weird

2:59

chat during history called shitty collectivism

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and seeing what this could eventually turn

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into. Because there's something really interesting about

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this whole phenomenon is that it

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really is tapping into this idea that a

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lot of people hold inside that there's something fundamentally

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unfair about what is happening in the world

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on some level where it's your access

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to finances or access

3:20

to fucking medical whatever it is. There's that feels

3:23

like how the fuck is it like this?

3:26

And you can see this manifestation

3:28

in it that I'm like, does this keep going or they you

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know, they're trying their hardest to try and keep retail

3:32

traders out now because

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of how unpredictable things are becoming.

3:37

But you know, at the same time, there's other

3:39

apps who are now trending on Twitter who are coming back

3:41

and like, hey, we're allowing you to trade AMC and

3:43

and BlackBerry and and GM now

3:46

and like people like, oh, but what happened? What was going

3:48

on the last twenty four hours? What

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happened? So

3:52

so I figured out also I figured

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out my my brain finally wrapped

3:57

its way around, uh, the what

4:00

a short sale is for anybody

4:02

else still having trouble. Maybe

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this will just be entertaining for everybody because

4:07

they already understand it. I feel like Lisa in the

4:09

episode where she can't figure out that brain

4:12

teaser that everybody else figures out immediately.

4:15

Um, somebody on Twitter, let me

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find the person. But they were saying that, let's

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let's say you borrow

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your sister's dress and

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you sell it for a hundred dollars. Mhm,

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because you think that it's going to go on

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sale, and it does, and

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you buy it for fifty five. Now

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you've just made a profit of forty

4:38

five dollars and you can give it back

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to your sister. Now. The thing I saw

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that and I was like that that doesn't quite make sense,

4:45

because why do you have to give it back

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to there there's a there's

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an aspect of this that I was missing.

4:53

That is, there's a formalized

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agreement when you borrow from

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your sister that you

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will give it back to her at the

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whatever the value of it is at that

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time. So if it goes right,

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so that so what's happening when these

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short sellers are

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getting fucked is they're

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selling the skirt at a hundred expecting

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it to go down to fifty five, and

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instead the market on that skirt

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is going up and up, and now it's a thousand dollars

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and their sister is like, YO, give me

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my thousand dollars skirt, and

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you don't have it, so you have to buy it

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back for a thousand dollars and that's your Now

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you're out nine hundred and because the

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price of the skirt can keep going up infinitely.

5:41

Uh, the infinite liability, Yeah, infinite

5:44

liability exactly. It's like you're

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saying before, if you buy a stock would

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be like, okay, I got it forty five. The most you can

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lose is forty five dollars. It can't go to negative

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fort you then you oh, ninety zero

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is the bottom. But when that's the risk with

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shorting, because you can get away

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with this gam laying me like what, I'm gonna borrow this and if

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that comes good, I make my little money off the

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scraps of dead stocks and ship like

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that. But that on the other side, the sky's

6:08

the limit and that's what they're finding out and cut

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two crying ass people who are siphoning

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all the wealth out of the country in the world. Yeah,

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so fuck Ley on Cooperman. Mark

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Cuban is a

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billionaire so already.

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Uh, not not the greatest, but

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he he's one of the billionaires who's

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on the side of this being a good

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thing, kind of evening in the playing

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fields, absolutely because I think he knows

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just how it works and who makes money

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and how they make money, and but he was just

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loving. He's like my eleven year old

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son was on Wall Street bets

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on Reddit and my eleven year

6:44

old made money. Now. I don't know if miners

6:47

are allowed to trade stocks on the internet.

6:49

Uh, and that's a whole other thing. But look,

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if I was able to get free CDs from Columbia House

6:54

without a parent authorizing that, then

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Mark Cuban, you know your son can get down

6:58

on the Wall Street pets. I guess yeah,

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um, wolf Moon is

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Mark cubans son's name. Uh

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no, that is what kids,

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But that's what we are seeing is

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that tonight, Yeah, tonight, Thursday,

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the first full moon of

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the year, and they

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call that ship the wolf

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moon. Fuck around, find

7:25

out do not play during

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the wolf moon. Um. I don't know

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why it's called that there. I think

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even in these articles it's probably just

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some problematic appropriation

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of Native American culture. But then

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there's also a bunch of other to say in a farm Farmer's

7:41

Almanac, is when wolves were howling because it

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was so bright. Regardless of the name,

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it's gonna be apparently be like, as you're listening

7:48

this, check out the moon because they say it's gonna peek

7:50

in the afternoon, like actually even before

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it gets dark, like it will be so bright, So

7:55

shout out a wolf moon right

7:58

there. So the BBC explanation

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for why wolves how more at this time

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of year is that there was less food.

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So first of all, they're gonna how

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because it's full moon and therefore

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it's brighter, and I guess wolves

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are the howl of the

8:17

wolf has unimplied, you know,

8:19

turn that ship down a little bit, like it's

8:21

like, yo, enough hung

8:24

belly full yeah, and then

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there's also a We're hungry

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please. Uh. I don't

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know. There are all these other names too, like

8:33

snow moon is in February, the worm

8:35

moon is in March, the pink moon

8:37

in April, strawberry moon

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in June, and

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does that is that has more to do with

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the strawberry crop than I'm

8:46

I'm sure than the strawberry

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blonde. If you're a gutter grimy

8:52

person, get ready for the buck

8:54

Moon on jet

8:56

fucking ready for buck Moon? Is

8:59

that real? Give

9:01

you buck Moon? So let him

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know. Um, Wendy

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Williams is trending, uh

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because she I think

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she was aiming to get on

9:14

trending with the with this appearance

9:16

on a podcast. You

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know, like I said, like Drake said, don't make me

9:21

have to fly my iTunes, don't make me

9:23

have to side by side you because side

9:25

by side we're doing better numbers than Wendy Williams

9:27

allegedly. I don't know if that's true, but I'm gonna

9:29

think that. Um. Yeah, she wants

9:32

to let people know that she's

9:34

been out here and she's a she knows

9:36

hip hop biblical. You know. She

9:38

says she's always just trending because

9:40

She said she had like a one night stand

9:42

with method Man in her penthouse in Jersey

9:45

like after they met at a party in Jersey City.

9:48

She said, there there on this uh

9:51

radio show, she said, I guess I batted

9:53

my eyes and you know, rock my shoulder, you know how I

9:56

do. I said, you know, you want to come over,

9:58

and he said, I'll follow you. I said me your

10:00

hand, and I grabbed his hand and he put his head down and

10:02

I put my head down. And people didn't realize

10:04

that at the time. It was Wendy and one of the biggest

10:07

stars, the leader of the biggest groups

10:09

in the world, just left, got into

10:11

her pathfinder and went back to her

10:13

pent house in Jersey City.

10:16

Wow, what what year

10:18

was this? I mean, if she's

10:20

thinking like this, it would have to be

10:22

the nineties. And if you're actually gonna

10:24

say that at that point, methy Man is the leader.

10:27

I'm guessing this is when to cal To

10:29

Judgment Day came out, even

10:32

though that wasn't his best album, but that was like when

10:34

he crossed. That's when method Man got like

10:38

the how High era right yeah,

10:40

right before like pre how High, pre black

10:42

Out with Red Man, But that

10:44

was the one that had ten let the countdoun countdown

10:47

begin nine. I was born from the mind,

10:53

yeah, and exactly because Tako was

10:55

fucking gospil But

10:57

then he did. But that's the thing people were in love with. The

10:59

year two thousand, News to Cow two thousand

11:02

and huh. But look, Clifford

11:04

Smith, you're always welcome on the show. Um,

11:07

And then she said. She goes on to say the host

11:09

also, this goes that she and method Man's rendezvous included

11:11

included her pampering him while she

11:13

smoked weed. Her

11:16

pampering him while she smoked weed.

11:19

Yeah, bathed him in her jaccuzzi tub

11:22

and she smoked weed. Was he a baby

11:24

at this time? How? I don't know, grown

11:27

up bathing another? She said? And I smoked some more

11:29

weed. You know, that was back in the coke days.

11:31

I don't remember what he did. And I'm not going to implicate

11:33

him on that, back in the

11:35

coke days, back in the yolk

11:38

days, okay um.

11:41

She also implied that he she knew

11:43

some things about his personal life, so

11:46

she wasn't willing to say that he used

11:49

illicit substances other than weed, but

11:51

she was saying that

11:53

she knew he was having an affair with his wife's

11:56

doctor. Why would you say

11:58

that? Nessy as fuck?

12:00

Then they say the apparently method man

12:03

heard this rumor while he was recording music

12:05

and he called like Wendy, and I was

12:07

like, what kind of ship is that? You

12:10

say? The funk you want to say about me? Say nothing about

12:12

my family? Yeah? Yeah, fair

12:15

yo? I bet uh Sophia

12:17

Chang versus Wendy Williams. Sophia,

12:20

go fucking handle Wendy for talking about

12:22

your boy Cliff like that, Cliff,

12:26

who is would you consider? I

12:29

know, look, everyone has a like people

12:31

think the facto leader of wu

12:33

tang As Rizza. Yeah, I would say, because

12:35

he's I mean, he quarterback

12:38

the whole ship. He's the unifying forest behind

12:40

all the solo albums that all

12:43

have the same sound. So, Wendy,

12:45

I mean, play respect to the Rizza. He

12:47

doesn't have much going on except for that good humor

12:49

remix. So uh.

12:53

And then finally the Lakers are trending. We

12:55

gotta talk about it, Miles. The seventies

12:58

six like playing anywhere.

13:04

Last night. The seventies sixers

13:06

got a one point victory.

13:08

Uh, pretty pretty big win for them.

13:11

It was the you know our two

13:13

teams are first in the East and first

13:15

in the West. They met up and the

13:18

Sixers pulled it out

13:20

about our net rating with Lebron off

13:22

the court, it's positive, is that

13:24

true? Yes? Yes, I mean

13:27

Anthony Davis is really but he's but

13:29

Anthon A d I mean, let's be real, he's

13:31

he's preserving his body a little bit. You can

13:34

tell he's not as aggressive to the basket

13:36

as he was in the postseason, but it seems

13:38

like he can score whenever he wants to. Yeah, he

13:40

can, But I think I'm also this is see

13:42

there is a part of being a Laker fan. You give

13:44

me a taste of that ship, and I'm like, I will

13:46

become unrealistic with the expectations.

13:49

I'm like, you should be putting up sixty three night.

13:52

What the funk a d But also, do

13:54

you have to like playing his game?

13:57

I think in the long term, it's like we're still winning.

13:59

So I'm not mad at the style of play,

14:01

but I have a feeling as we get closer, we'll

14:03

get a little more aggressive and we'll

14:05

really start turning up. The

14:07

coach of the Sixers after the game, to

14:10

your point about the Lakers,

14:13

uh, he all

14:15

his postgame press conference was all

14:17

about how good the Lakers are. He was like,

14:20

man, that's what, like, that's a championship

14:22

team. Because the Sixers were up fourteen

14:24

with like a couple of minutes left and the Lakers

14:27

were like, no, I let's trying to win

14:29

this. It like decided

14:31

to and went up by one before it

14:34

was just a whoever had the last shot was

14:36

going to win that one. Yeah, I mean, and you

14:38

Cruise, I had a great game too, So I don't want to I don't

14:40

want just he's he's

14:43

so funny. I don't know, we have the funnest It's

14:45

so funny to watch some of these guys like him and talent

14:47

Horton Tucker. Talent Horton Tucker looks

14:49

like a fucking l a fitness basketball

14:52

player, but he but he could ball.

14:55

It's just so funny, Like if you if I was

14:57

picking people out of a lineup, I'd like not him.

15:00

But you know, and even if you saw him

15:02

play, like even if you saw him

15:04

shooting, because he like plays below the rim

15:07

and but he just yeah,

15:09

it's like a strange game. But yeah,

15:11

he's got like that fifty year old game that it's

15:13

just like he knows exactly like every

15:16

angle, and it's kind of like James Harden,

15:18

Like James Harden doesn't look like he's uh

15:21

the quickest or strongest or you

15:23

know, most polished player out there. He just dis

15:26

Yeah, he's just efficient. It's yeah, it really.

15:28

It has the vibes of like when you're

15:31

like math teacher will play basketball

15:33

with you during recess or soundings like oh,

15:35

you guys want to play basketball and he just like posts

15:38

you up. You're like, fuck, You're like dude,

15:41

Like is like it has that same

15:43

kind of like I'm patient with it because I'm

15:45

just this is my game. So yeah,

15:47

shout out to th hd yeh shout

15:49

out to Frank Vogel to every time y'all

15:52

come out of a time out, it's guaranteed

15:54

bucket. Yeah, that's pretty

15:56

wild, and thank you for Thank

15:58

you for showing Frank the way Jack's on the

16:01

ride. I

16:04

subtly pushed him, you know it was it

16:06

was a subtle push, but I figured

16:08

over the course of decades it would

16:11

eventually lead him to, uh, coaching

16:13

your team.

16:14

Uh you alright,

16:18

guys, that is gonna do it for

16:20

this Thursday. We are back tomorrow with

16:22

the whole last episode of the show. Until

16:25

then, be kind to each other, be kind to yourselves,

16:27

wear a mask, wash your hands, don't

16:29

do nothing about white supremacy, and we'll talk

16:31

to you all about Bye. Bye