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But does he even bother to disclaim his advice as entertainment only? Anyone else would find themselves censured in an instant doing this. Since he does try to represent himself as a type of advisor, it would be interesting to see someone sue him over this.
Yes at the begining and end of each show there is a disclaimer. He recommends that you seek the advice of your own lawyer, CPA, financial advisor etc and discloses that he doesn't know anything about you and is giving his generic opinion.