Fox Business Network’s Eric Bolling talking with Wall St. Cheat Sheet’s Damien Hoffman about his career as a financial journalist and how it evolved out of his trading career.
1. “I helped launch Fast Money and really loved it. I had fun sitting on the Fast Money panel talking about trading, teaching people how to make money, and teaching people how not to lose money — those are two completely different things. The only issue I had was the schedule. Fast Money was taping at 7:00 PM to be aired at 8:00. I wasn’t getting home until 8:30, sometimes 9:00, and my son was seven-years old at the time. I would walk in the door and he would be in tears every night. The guilt was killing me. I realized my relationship with my son would not stay solid. So, I resigned. After that, the good people here at FOX said, ‘Come in and talk about a show we’re doing.’ I joined Happy Hour, and the rest is history.”
2. “Continuing to trade is very important to what I do as a financial journalist. There are people on the air who talk about a trade, a company, or asset class they haven’t traded in ten years … or ever. I use my trading background. I know what it feels like to loose money, and I think the viewers really appreciates that. I think the viewer says, ‘You know what it is to have skin in the game.’ It’s more of a qualified opinion.”
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