The biggest pyramid scam in history (Ticker: SCAM)
Mark Cuban gives us the secrets to winning in the markets.
The Stock Market is for suckers…. - Blog Maverick - www.blogmaverick.com _: " It takes often knowing the market for a company’s product better than the company does. "
On ETFs & Indexes, they're crap too...
As far as ETFs. Which one ? Remember, the Dow and S&P are marketing tools. They change the indexes. Look at the stocks in there today, vs what was in there in years past. You are not buying a passive investment that tracks the economy. You are buying the stock pickers at those respective indexes.
On non-dividend stocks that don't give 'cash-back'
a stock that doesnt pay dividends is valued like a baseball card. Just whatever you can sell it for.
On how Buffett trades (like a bully in a playground)
Have you ever seen Warren Buffet talk about buying 100 shares of anything ?1k shares ? or does he take control of , or purchase a material percentage of a company ?
"When I was your age..."
There once was a day where most companies paid dividends higher than the interest rates on their bonds. Why ? Because stocks are inherently more risky.
On diluting investments and the magic of compounding returns...
Where I could buy 100 shares of stock, and even if it represented just 1/100000 of ownership in the company, I could have confidence that year after year, I would still own 1/100000th of that company, and if that company generated earnings , I would have at least some of that money returned to me.
I think Mark should look at BRKA or BRKB? Or maybe Sequoia funds?
Mark's last paragraph is the most important - spend time with people you love, things you love to do, or invest in yourself.