✎ Today we're learning from billionaire investor Mark Cuban about his investing strategy. Mentor us Mark! :)
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• Warren Buffett: Investment Advice & Strategy - https://youtu.be/d0XKtUXgpOw
• Robert Kiyosaki Real Estate Investing - https://youtu.be/TWWwleDvMY0
• How to get INVESTORS for your business! - https://youtu.be/7-8qoavL12E
✔ SOURCES ✔
[Investors Archive] - Mark Cuban on Business, Investing and Life/Work - https://youtu.be/rS1K0qL6Lq4
[Wall Street Journal] - Cuban on Investing: Diversification Is for Idiots - https://youtu.be/u5Pp1HEKSPM
The best advice I never got - https://youtu.be/XuCCBiYLoDw
Mark Cuban explains why a 401(k) is a no-brainer - https://youtu.be/-LP_yU0izeg
[TheLeapTV] - Mark Cuban at USC | Full Interview - https://youtu.be/fs9Gr8Gj6Cg
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Thank you for watching - I really appreciate it :)
This was great, I have been researching "investment property australia tips" for a while now, and I think this has helped. Have you ever come across - Rondalyn Coinage Carnalite - (do a google search ) ? Ive heard some amazing things about it and my friend got excellent results with it.
You’re not loosing money when you’re keeping cash if you don’t know how to use debt wisely. People Get this wrong. Because of my income my cashflow depends heavily on debt; however, the max I have paid on interest on the past 5 years is less than $200 and it was when I started learning about managing my cards. “Opportunity Exist” explore your options, but do it wisely.
Credit is literally fucking people over. My advice has always been, if you're somewhere and you pull out your credit card ask yourself "Can I pay this loan from my checking account when I get home today?" If the answer is no. Don't use your credit card.
Credit cards are just easy ways to carry money so you're wallet isn't thick. It's not a way to buy stuff you can't afford.
my favorite thing about Mark is that he analyzes basic expenses that "normal" people have like credit card debt and groceries despite being a millionaire. The advice I am following is no longer using credit for anything big.
Evan is focused on making a bigger impact through creating videos so more people can learn but if you have any question, you could catch Evan via YouTube live streaming and ask him question via live chat - the next "Entrepreneur AMA - Ask Evan Anything" - Thursday at 11:00am EST: https://www.youtube.com/user/ModelingTheMasters/videos?view=2&live_view=502&view_as=subscriber&shelf_id=13&sort=dd Thank you very much for the love and support. Much love. #Believe :) #BTA807 Luka
Evan is focused on making a bigger impact through creating videos so more people can learn but if you have any question, you could catch Evan via YouTube live streaming and ask him question via live chat - the next "Entrepreneur AMA - Ask Evan Anything" - Thursday at 11:00am EST: https://www.youtube.com/user/ModelingTheMasters/videos?view=2&live_view=502&view_as=subscriber&shelf_id=13&sort=dd Thank you very much for the love and support. Much love. #Believe :) #BTA795 Luka
I am new sorry if it sounds like a stupid question. But how did he exactly hedge everything? He was betting on yahoo to go up then he put a put on the whole nasdaq index or all indexes i'm not sure what he said so he is saying he would win both ways and be safe. I don't get it isn't this like betting all the bets on roullete table or craps or playing banker and player in baccaratt? I can understand hedging yourself with owning gold but when u bet on stocks to go up then you bet on stocks to go down are you not just losing money to the people premium for the trading services?
Evan is focused on making a bigger impact through creating videos so more people can learn but if you have any question, you could catch Evan via YouTube live streaming and ask him question via live chat - the next "Entrepreneur AMA - Ask Evan Anything" - February 22nd - Thursday at 11:00am EST: https://www.youtube.com/watch?v=O0JfeKJTqsc Thank you very much for the love and support. Much love. #Believe :) #BTA780 Luka
when he says hedge, it means to take positions in more than one scenario in order to protect against loss. There is a saying " hedge your bets". For example, traders will take up different positions i.e they will buy one stock or short another stock so that they can try and reduce the risk as there are multiple outcomes.
I believe learning from people who have it is important but, it also wise to follow your heart. Your heart will always lead you to your greatest treasures. Learning from others is great but, imitation is foolishness. Be yourself, learn from others, and do what you think is right. Evan, I've watched the vidoes in your channel and I am really encouraged. What you doing is really helping many people discover their true self. It's really mind opening and inspiring! Keep doing what you are doing, because you are doing a great work. Thanks!
Stay away from credit! Have one card ever almost paid off. Because of this I won't be getting one anytime soon.
Thanks for the great introduction to Cuban! Because of this video I will follow him more closely.
You're the man Evan 💪👍!!
You're welcome. Next bio should definitely be: Benjamin Graham, nobody makes any videos about him, most the billionaires owe their billions to him (and in turn Benjamin owes it from King Solomon, father of smart investing- especially about diversification). God bless, Proverbs 31
Really interesting to hear Cuban's strategy versus that of the Graham/Buffet, long term investing approach. Cuban is a tech billionaire, riding the wave of the dotcom bubble and cashing in before it bursts. Buffet is the low and slow investor who has been buying companies for decades, across many bubbles, many different economies. Naturally, Buffet favors the tried and true methods of long term growth within stable companies, buying them in vulnerable dips in their value. Cuban's strategy seems to be that of someone who took full advantage of emerging technology, cashed in a couple billion dollars, and has the privileged position of being unorthodox in his methods of investment. If I am taking investment advice, I am going with Buffet. If I am starting a disruptive start up company, I am listening to Cuban. Both are extremely talented businessman with simply different areas of emphasis.
warren buffet says buying precious metals is for idiots.. well he bought 100 million silver.. mark says getting a loan for business is for idiots, well he got tons of loans.. mark says diversification is for idiots, lol look at mark's portfolio... mark says dont use credit cards.. guess what his main business that brough him here used credit card as a method of payment to him... so yeah.....
A) a fluffy plant B) an inversely related investment to one taken prior, so in the event of the first investment failing, you're safe guarded by the hedge i.e, buying a stock long and selling it short or covering it with an option C) short weird haircut
Cuban is a good salesperson, not a good investor. He can build great companies, add value and sells it at good price.
He doesn't know what he is talking about half of the time when talking about investments.
When talking about stock trading. One always trade with probability not what your ego dictates. When he says he hedged all that shows his immaturity.
You always balance your portfolios even though how much ever sure you are.
With paying off credit card. Golden tip pay the card which takes away maximum Cashflow not higher interest.
Eg: you have a debt a with 20% interest and paying $500 a month and debt b with 10% interest and paying $1000
Pay the debt b first. It gives you a better cashflow if you do that.
Investing is more to do with phycology than percent and dollar.
Warren Buffet is the god of investing, never be critical of him.
Judgement and common sense has to go together with investing.
I respect you for not being a “sucker” in Marks own words, LOL!
Too many people buy into all the bullshit because these guys have a good pitch. What they don’t see is all the stuff that happens behind closed doors that really gets these soul sellers into money😂👍🏾
Good job man. Keep up your skepticism, it’s a gift, Godbless 😆
I believe most people in North America should focus mostly on numbers 3 and 4: when you're spending cash you know exactly how much money you have, whereas when you use a credit card you're using a piece of plastic and the numbers don't register in your mind until you see them on your statement, which by then is too late.
Anyone who thinks putting money in a 401k is a good investment, or that all forms of debt are bad is a complete brainless sheep or an uninformed moron. If i have to explain why that is to you in a youtube comment section, you are probably 1 of those morons.
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