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‘President-elect Donald Trump may have been elected on a pledge to “drain the swamp,” but the swamp creatures themselves seem pretty pleased with how he’s staffing his new administration.

“I can take glee in that — I think Donald Trump conned them [Trump’s populist supporters],” said hedge fund manager Whitney Tilson, who runs Kase Capital Management, in an interview with Bloomberg Markets on Wednesday. “I worried that he was going to do crazy things that would blow the system up. So the fact that he’s appointing people from within the system is a good thing.”’

Read more: Hedge fund managers admit it: They’re delighted that Donald Trump ‘conned America’