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Apr 19, 2024
9:36:29am
OPINIONS I just love BYU so much
Re: Mark Cuban - I probably don't give him enough credit, but my feeds are full
... of podcast clips of Mark Cuban being interviewed like he is some modern day Warren Buffett giving his lifetime of wisdom on business and investing and he acts like he just knows more than everyone and his success is a product of him just being smarter and harder working than literally everyone else on the planet.

The dude had basically zero success into his mid-40s when he sold Broadcast.com — which he did not create, but had invested $10k in and was involved in it's growth for a few years during the dotcom boom when every tech startup was exploding, and he was lucky enough to sell it to Yahoo a few months before the entire tech world came crashing down and failed, but he had cashed out and had like $400M in liquid cash after literally everyone he would have been competing with lost everything. Like had he maintained his company for 6 more months, he would have had nothing. So really, his success was seeded by selling a fake company at the exact right time that enabled him to have a ton of money right when everyone else's net worth in the same arena collapsed.

Now, 25 years later, he's a wildly successful businessman who has grown his fortune because he bought the Mavs when they cost nothing (Like $250M), and is now selling that same interest in the Mavs for like $4B. But as hard as I try — because I really do try to like him because he's a fun personality — I have a hard time listening to the guy talk about lessons in business because he pretty made one really lucky move with a side-hustle that appears (at least on the surface) to be about 98% just dumb luck.

It's probably just jealousy. But my goodness, the number of podcast that guy sits on where people just fawn over him for his amazing business sense is kind of absurd. And I've never once heard him acknowledge any element of luck in a single thing he said.

Like I'd 100% rather listen to Ryan Smith talk about business because his advice and wisdom seems about 1000% more credible than Mark Cuban. But not a ton of people really knows who he is outside of Utah. And you don't see him joining 500 podcasts a week talking about how smart he is and giving business advice to eager listeners.

Rant over.
This message has been modified
Originally posted on Apr 19, 2024 at 9:36:29am
Message modified by OPINIONS on Apr 19, 2024 at 9:37:21am
OPINIONS
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