Shark Tank Star Mark Cuban also known for owning the Dallas Mavericks like so many other investors has come a long way from a few years ago to being strongly positioned against Bitcoin and Cryptocurrency to now being one of it’s biggest bulls & it making up a substantial position in his portfolio.
In his most recent interview, Cuban reacts to the crypto crash and why he is a long term believer in Bitcoin, Ethereum and crypto in general.
About Mark Cuban:
Mark Cuban is an American billionaire entrepreneur, television personality, and media proprietor whose net worth is an estimated $4.7 billion, according to Forbes, and ranked No. 177 on the 2020 Forbes 400 list.
In this clip, Iman Shumpert talked about the Britney Griner situation and how it is ultimately a result of the WNBA’s low pay that Griner was in Russia in the first place. He also discussed whether he considered playing overseas after he hadn’t landed with an NBA franchise. He and Vlad discussed developing financial literacy through their respective journeys. Iman detailed having an accountant and a financial adviser, both whom hated one another but he said that kept both of them honest and secured his money. He also recounted never wanting to look at his bank account to avoid the shock of how much money he actually had accessible.
In this clip, Iman Shumpert discussed some of the methods and habits he’s formed (or not) around spending money. He said he never had an issue with spending and managed to save a lot of money over the course of his playing career as a result. At one point, Iman said he couldn’t fathom how athletes could go broke with all the financial incentives they’re contractually afforded.
In this clip, Jordan Belfort gave advice on safely investing in the stock market, and he and Vlad agreed that the S&P 500 was the best way to go. Jordan explained that if you invest in the S&P 500 and hold onto it for 30 years, all while investing your dividends, you’ll be in good shape. Moving along, Jordan spoke about being a venture capitalist, investing in crypto, and writing a book, which you can hear more about above.