What Mark Cuban Failed to Realize about Investing

September 1, 2006 -

Every once in a while, I’ll read other successful people’s blogs to see what’s on their mind. We try to concentrate on the blogs of successful entrepreneurs to see what we can learn from them. Sometimes I’ll go online and read maverick Mark Cuban’s blog just to see what he’s thinking. Mark Cuban is an American billionaire that made his money on the dot.com boom in the early 1980’s. That’s why I was shocked when even a tech guru like Mark Cuban wrote in his blog that investing in the market was, in his words a “crap shoot” – that in reality, nobody could predict with reasonable accuracy which stock markets in which countries were going up or down and especially, nobody could predict with any consistent accuracy over the long run whether individual stocks would rise or fall.

I thought, have I actually figured out something that even a billionaire that made his fortune from technology, has failed to realize? Read more …

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