[andyakb]

Give me a break. Cuban is the first to admit that he got lucky in terms of his valuation, but it wasnt his first exit and his extensive writing on business should show that his success was not the result of luck.

Further, if it werent for his intelligent investing, he would have lost nearly all of the proceeds from that sale, like so many others did(1). It was exactly his smart investing that allowed him to _keep_ his "lucky" windfall

(1) http://investmentxyz.blogspot.com/2006/05/cubans-collar-anat...

[downandout]

You're missing my point. He "made" his fortune by selling a company at a spectacular overvaluation. That's fine, but don't pretend that he turned a few million into a few billion through smart investing.

With regard to the moves he made after the ridiculous Broadcast.com sale, all he did was lock in his profits. That turned out to be the correct move, but that doesn't necessarily say anything about his investing skills. It just shows that he realized that he had hit the lottery and wanted to insure his win.

Warren Buffett made his money through smart investing. Mark Cuban did not, so I'd rather listen to Warren Buffett and others like him than an opinionated guy that got lucky.