Mark Cuban knows how to make money from sports. Lots of money. Case in point:
In January of 2000, he bought the Dallas Mavericks for $285 million. Then, in 2023, he sold off a majority stake in this NBA franchise for $3.5 billion.
In other words, he made literally billions…
Should you fire me? That was the topic of my article last week.
As I explained, Artificial Intelligence (AI) can beat humans at many tasks. Could it do my job better? My conclusion: “Maybe one day. But not yet.”
You see, I may not be an AI. But as…
Take a look at these companies:
Facebook… Airbnb… Coinbase… Instagram… Stripe… OpenAI… Robinhood.
These are some of the most successful startups of our generation.
But can you guess the one key thing they have in common?
Today I’ll reveal the answer.
Then I’ll explain why — if you want to invest…
A few weeks ago, someone bought a shirt for $7 million.
To be fair, it’s a pretty nice shirt — soft, breathable, colorful.
But how in the world could it be worth millions?
Today, I’ll explain everything…
Including how this story could help you beat the market.
For decades, financial advisors have pounded the table about the “60/40” portfolio.
The idea was simple:
What was the #1 most profitable investment of all time?
Was it Warren Buffett’s investment in Coca-Cola in 1987?
Was it picking up shares of Amazon or Netscape in the 90s?
Or was it something more unexpected?
I recently came across a list of the world’s most profitable, documented investments.
…When I tell people what I do for a living, I hear things like this:
“The stock market? Boy, that’s a real crap shoot.”
“You invest in startups? I’d rather play the lotto!”
“Sounds like gambling to me.”
Comments like these used to bother me. But not anymore.
Now I…
Last Friday, before I took off for the weekend, my friend Aitio dropped by the office.
He stops by a few times a year just to say hello.
He wasn’t exactly in our neighborhood, which is in downtown Manhattan on the water. But with his 2023 Tesla Model S Plaid…
Do you trust the stock market?
Long-term, sure I do. But short-term, no way.
The Nasdaq just closed in bear-market territory for the first time since 2022. It’s down more than 20% from its record high in December.
And the S&P 500 has fallen 17.4% since setting an all-time high on February…
Late last year, a new world record shook the financial world:
A private startup raised $10 billion.
When most startups go out to raise capital, they raise a million or two. If they’re hot, they might raise five or ten million. A tiny handful raise $100+ million.
But $10 billion?…
