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by downandout 4345 days ago
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.