From Actuary on FIRE …
I really should not be blogging right now, but a CNBC article on Mark Cuban’s investment strategy caught my eye and caused my blood pressure to rise. The offending article can be summarized with one particularly objectionable paragraph:
“I’m down to maybe four dividend-owning stocks, two shorts, and Amazon and Netflix. I’ve got a whole lot of cash on the sidelines,” Cuban said on “Fast Money Halftime Report.” “[I’m] ready, willing and able if something happens” to invest.
Let’s pick apart the wreckage of this portfolio.