Mark Cuban’s ‘No. 1 rule of investing’ when you don’t know what to do about the market

Posted by & filed under Part 1 Business in a Global Environment, Part 6 Managing Financial Resources.

Description: During times of uncertainty in the stock market, billionaire Mark Cuban follows what he called the “No. 1 rule of investing”: “When you don’t know what to do, do nothing,” he said in 2016 on the Cyber Dust app.

Source: CNBC.com

Date: Mar 9, 2020

Link: https://www.cnbc.com/2020/03/09/mark-cubans-no-1-rule-of-investing-when-you-dont-know-what-to-do.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail

Questions for discussion:

  • What does Mark Cuban say about investing?
  • What risk did he take by “selling everything”?
  • What was the benefit when he “sold everything”?

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