Tony Montana's Take: Meme Stock Craze is 'Frankly Stupid,' Says Fund Manager

Tony's Two Cents

You know what they say 'The bigger the risk the bigger the payoff.' But this meme stock craze is a risky business my friend. These day traders diving headfirst into GameStop and AMC they're like cockroaches swimming in rat poison.

Gambling or Investing?

You call it investing I call it gambling potato potato. Cole Smead ain't pulling no punches calling it frankly stupid. In my world stupid is as stupid does.

The Roaring Kitty Effect

So this Roaring Kitty guy Keith Gill is like the Pied Piper leading these day traders to the promised land. But remember in my world promises are like pie crust easily broken.

GameStop and AMC: The Rollercoaster Ride

Shares in GameStop and AMC going up up and away sounds like a scene from one of my movies. But remember what goes up must come down. Don't get too excited just yet amigos.

Rat Poison and Rat Race

Charlie Munger and Cole Smead throwing shade like it's going out of style. Calling day traders 'rat poison' and 'just taking in rat poison.' Looks like the rat race just got a whole lot more toxic.