You think he's not smart, his bank account suggest otherwise. Ask the people that invested in his PNP. Yes he has made out like a banshee making millions for himself however eventually his type will get nailed

2006-11.2 million

2007-21.4

2010-34.6 mil.................all for the good job he did with pnp

He and Dines were lucky they did not get nailed for insider trading

http://business.financialpost.com/news/mining/mining-financier-sheldon-inwentash-departs-pinetree-capital-in-big-shakeup