

Saqr M. Ereiqat
2.3K posts

@DxBlockChain
#Dubai #BlockChain Aficionado - Idealistic Optimistic Perfectionist - all tweets are my own


















Mark Cuban reveals how he protected himself from losing the 1.4 billion dollars he made selling Broadcast .com to Yahoo "We sold the company to Yahoo for stock. I had seen stocks go up and stocks go down. I told everybody, there's a good chance the whole thing could crash. Don't be greedy" "Pigs get fat, hogs get slaughtered. Don't get slaughtered" "I put together what they call a collar. I sold some of the upside to the Yahoo stock and protected myself by buying puts on the downside" "Three months later the internet stock market cratered. It was called one of the top 10 Wall Street trades of all time" "All I had to do was protect it and not get greedy and I'd be set for the rest of my life"










