He runs a charitable trust worth 4.00 million last I heard. He also openly admitted that he lost about $1.50 million on bad stock picks in 2006. But made over $2.00 million on good stock picks. That's just the way the stock market works. You just hope you make more than you lost at the end of the year.
Seems like the guy who made the video is trying to make some kind of name for himself. I hope he's not suggesting that his picks will be right 100% of the time because that's even funnier than the video he posted.
edit. forgot decimal points
