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Mark Cuban reveals a 'friend' sent him a letter demanding $275,000 — and he never spoke to him again “He sent me a letter — didn't even talk to me. He sent me a letter: 'Hey Mark, I need $275,000. I know it's not a big deal to you anymore. I'll just pick up a check.'” “I have not talked to him since. That's offensive.” “You know what it's like — once you start making it, it's not so much you, you figure it out. It's everybody around you who doesn't really know how all this is supposed to work.”

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Dave Ramsey admits he tried to out-earn his own stupidity — and failed “I disagree. I've tried. I worked at it really hard. I tried to out earn my stupidity.” “The arrogance that goes with that that says, 'Oh, I make a lot of money. I'm bulletproof.' I've experienced that. I've looked at that idiot in the mirror. I know what he looks like. Looks like me. And so, it doesn't work.”

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Mark Cuban reveals Cost Plus Drugs sells 90 Viagra generics for $8 — 'My buddy texted me: it's cheaper than M&Ms' “Guys my age like to use generic Cialis — generic Viagra, right? You go buy — typically now you'll pay a buck a pill, two bucks a pill, and think that's cheap.” “You go to costplusdrugs and put in Tadalafil, which is generic Cialis — you can buy 90 of them for $8.” “My buddy yesterday was laughing — he texted me: 'It's cheaper than M&Ms, dude.' No, for real.”

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Dave Ramsey explains his exact personal investing strategy: royalty checks go straight into a plain S&P 500 until the account is big enough to buy real estate “I just throw cash in there. I get a big royalty check from a publisher and I just chunk cash over there and when that account gets big enough I go buy a piece of real estate with it. That's my personal strategy. It's not any fancier than that.” “I'm maxing out all the other stuff even at 65 years old just because I get so pissed off about how much the government takes from me and I want to get it all in any kind of tax-protected account I possibly can.”

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Mark Cuban explains how Cost Plus Drugs charges $61 for a cancer drug CVS sells for $2,000 “There was another one — a friend of mine was in this horrible accident way back when and was paralyzed, and he needs this drug called Droxidopa. He lost his insurance and they were going to charge him $110,000 every three months. Our price was like $51 every three months.” “That is insane. They'll just rip you off.”

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How Dave Ramsey carries a pocket full of hundreds to randomly buy gas and tires for struggling single moms at gas stations “And God might speak to me and say, 'Buy that lady's gas and roll her car over there and put some car tires on her car.' And I got enough money in my pocket just to go do that one.” “And those are so fun. That's the most fun you'll ever have because that's really in your face.”

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Dave Ramsey tells a caller to sell his car, buy a $9,000 car, then pay himself a car payment — and end up with two paid-for cars in under a year “What I would do is sell it and buy a $9,000 car and not have any payments.” “And then for the next 10 months I would pay myself a payment — 11 months — and I'd have $5,000 and I'd go buy another car so that we had two paid for cars: a $9,000 car and a $5,000 car and no payments.” “Do you see how that just broke the cycle of payments in your life?”

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Mark Cuban says the worst teams in the NBA today would have been playoff teams 10 years ago — credits social media “The level of talent in the NBA over just even the last six, seven years has just exploded. Even the worst teams — if you compared the worst teams in the NBA now versus 10 years ago, the worst teams now would be playoff teams easily 10 years ago.” “Social media has changed the ability to improve your skills.”

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How the FDIC found 97.3% of 30-year mortgages are never systematically prepaid — and Dave Ramsey calls out everyone who promises to 'pay it like a 15' “The FDIC has studied that and they say that 97.3% — that's all of them — of the loans, the 30-year loans are not systematically prepaid.” “Meaning, 'I'm going to add the difference every month, and I'm going to be very precise and very disciplined because I'm the one human on the planet.' No, you're not. That's just absolute bull crap.” “I teach this crap for a living. Instead, trick yourself into doing smart things like signing up for a 15 instead of a 30.”

FT @mcuban @impaulsive @mikemajlak

Mark Cuban reveals a 'friend' sent him a letter demanding $275,000 — and he never spoke to him again “He sent me a letter — didn't even talk to me. He sent me a letter: 'Hey Mark, I need $275,000. I know it's not a big deal to you anymore. I'll just pick up a check.'” “I have not talked to him since. That's offensive.” “You know what it's like — once you start making it, it's not so much you, you figure it out. It's everybody around you who doesn't really know how all this is supposed to work.”

FT @mcuban @impaulsive @mikemajlak

Mark Cuban explains why most billionaires are actually cool — and what separates the 'fucked up ones' “To have a 'b' next to your name you gotta be lucky — and 90% of the people I've met that are that rich know they're lucky. Like, something happened that just — you can be smart, you can make money, you can become a millionaire, you can grind like you guys do, and great things happen. But to get to that next level, shit's got to be like crazy.” “Most of them realize like their next dollar is not going to change their lives. But some of them are just like, I got to get more, I got to get more — and those are the fucked-up ones. Because it's like, how much more do you need? And the shit they'll do to get that extra money — that's what's up.”