How Mark Cuban Made A Billion Dollars!

How Mark Cuban Made His First Billion Dollars – Add me on Instagram: GPStephan

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  • @DeonsDaddy says:

    Then you let Nico Harrison run your team into the ground good job

  • @ID_Kevin says:

    Whats puts? Does it mean shorting?

    • @CasaBonita1 says:

      Puts are a type of options contract (which is an investment derivative) that allows you to sell a security for a predetermined price. So if the stock goes into the ground, you still get to sell it at that higher price to the person on the other side of that contract

    • @ichangedmyname0001 says:

      Don’t do it worst advice ever 😂

    • @CasaBonita1 says:

      @@ichangedmyname0001 long puts, like the ones Cuban bought, can be a valuable tool for risk mitigation. Short puts are dangerous and speculative. I agree that most people shouldn’t engage in that kind of trading

    • @andrewstanfield1308 says:

      This is literally the proper use of put options however people just like to gamble instead ​@@ichangedmyname0001

  • @Gamerseatgames says:

    Bro built different

  • @ichangedmyname0001 says:

    Reuploading old videos I’ve seen this months ago

  • @stauber28 says:

    Who is “we”? What an absolute genius.

  • @DakotaZ162 says:

    Cap😊

    • @champ_finance says:

      Get help 😂

    • @DakotaZ162 says:

      @champ_finance  or you can just educate yourself and learn the fact that Cuban sold microsolutions to hewlett-packard for $6 million in 1990, 9 years before yahoo bought broadcast which he only owned 20% of anyways… you literally know nothing you in fact should seek the help

    • @DakotaZ162 says:

      @champ_finance  But the videos wrong, Cuban sold microsolutions to hewlett-packard for $6 million in 1990, 9 years before yahoo bought broadcast which he only owned 20% of anyways… but yeah I need help 🙂

  • @SahjotSinghh says:

    But If the stock price stays the same of go up. The puts would have gone to zero.

    • @grod100 says:

      It’s to protect you from drops in the price. You don’t use it to make money unless you’re a gambler. Think of it like an insurance policy if something bad were to happen. If the price goes up enough you still make money because you own the stock.

  • @henrytang2203 says:

    Self made billionaire gets my respect. Better that just inheriting it.

  • @Nancy-hz9ts says:

    So his business was a buble in the first place

  • @Kaimaju_ says:

    Look up Mark Cubans REAL last name… nuff said

  • @quickstart90909 says:

    That is some insane luck. Right place right time, minimal skill required

  • @kylelitwack says:

    The entire story is basically a lie. There are some good articles about how every detail in the story has shifted over the years and how he fails to mention that someone else built all the core technology and then markypooh cut him out before selling.

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