Charlie Sheen


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Earlier this month, legendary investor** Lenny Dykstra was charged with bankruptcy fraud. His crime? Helping himself to some items from his foreclosed on house and making a little profit off them (“Dykstra allegedly had dozens of items including chandeliers, mirrors, artwork, a stove and a grandfather clock delivered to a consignment store, Uniques, on South Barrington Avenue in West Los Angeles. The owner of the store paid him cash for a U-Haul truckload of goods”). Nails was was held on $150,000 bail for almost a week until his knight in shining armor busted him out of the joint. Continue reading »

Gold, NXP, El Paso Corp, Technicolor and Williams Companies. Continue reading »

Say what you will but this is helpful advice for not just people in Chuck’s circles but those in business as well, perhaps getting unfairly beat up in the press. Goldman? Use this. [Slate]

Nails laid it all out on the table during an interview with Howard Eskin, who he last told, “I’m a lightning rod for money; after we’re done talking today when you’re walking to your car you’ll probably find 100 bucks.” Continue reading »

If there’s one thing Jim Cramer taught Lenny Dysktra, it’s the value of a good endorsement for a good pal. Several years back Cramer spoke highly of Nails’ investing skills, telling HBO that the former ballplayer didn’t just have a knack for money managing but that he was “one of the greats” in this business. In the ensuing years, Dykstra got thrown out of his house, caught defecating on the floor, had his private planes repossessed, lived in a car and was accused of bouncing a check to a stripper but now he’s doing great, possibly thanks to Jim. In an effort to pay it forward, Dykstra is doing the same for his best bud, Charlie Sheen. Nails told reporters over the weekend that Sheen is “perfect,” among other things. Continue reading »

Hint: his profession prior to money managing made him uniquely qualified to offer commentary on the flick of choice, Major League. Continue reading »