Anthony Scaramucci: More connected than smart

The iconic show, Wall Street Week, whcih was hosted by the late Lou Rukeyser has been recreated as a result of the backing of Wall Street pretty boy and social butterfly,  Anthony Scaramucci. Scaramucci is also the host.

Scaramucci is like the Street's community organizer, founder of the SALT Conference, which is an annual hedge fund showcase in Vegas where all the hedgies get together to discuss their typically out of paradigm ideas. (Like buy gold, several years ago or, short Japanese government bonds.)

Scaramucci also is co-head of Skybridge Capital, which I don't think manages any money, but is more of a fund of funds that raises capital and doles it out to his rich hedge fund buddies.

I was up at their offices several years ago and me with Scaramucci's partner, some young dude who said at the time that he heard of MMT, but was not looking to get into any new verntures. I was pitching them on an MMT fund that I wanted to launch. (No, it wasn't a TV show for Scaramucci to star in.)

Below is the latest episode of Wall Street week. It was sent over to me by Scaramucci's P.R. girl. Watch the beginning. Scaramucci goes on a little depressing rant that includes all the usual out-of-paradigm shit about how the U.S. is broke and we're drowning in debt and we don't save enough. Yada, yada, yada. All, pure gold standard crap. Totally wrong and inapplicable as anyone other than Peter Schiff should know by now.

This proves once again you don't have to know very much to make lots of money on Wall Street.