Shaq: As soon as I started investing like Jeff Bezos, 'I probably quadrupled what I'm worth'

Canada News News

Shaq: As soon as I started investing like Jeff Bezos, 'I probably quadrupled what I'm worth'
Canada Latest News,Canada Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

As soon as SHAQ started investing like Jeff Bezos, 'I probably quadrupled what I'm worth.' (via CNBCMakeIt)

He's not the only successful investor who sticks with what he knows and trusts. "Make sure you're investing in things that you believe in, as opposed to investing in things that other people believe in," PayPal's senior vice president of international markets, Rohan Mahadevan,. He recommends testing a product or service before investing in it to better understand how the business operates.

O'Neal also prefers to work with companies he personally enjoys. Of all of his investments, Krispy Kreme is his favorite, he told the WSJ, "because I like donuts. ... Krispy Kreme is a fabulous donut. I was introduced to it in college and have been in love with it ever since." That said, you don't necessarily want to invest in something just because you like it. You want to make sure you truly understand the company, too,: "What an investor needs is the ability to correctly evaluate selected businesses. Note that word 'selected': You don't have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence.

, he adds: "If you aren't willing to own a stock for 10 years, don't even think about owning it for 10 minutes."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jeff Bezos, Blue Origin: Why he spends billions on spaceJeff Bezos, Blue Origin: Why he spends billions on space
Read more »

Trump pledges to 'look' at $10B Pentagon contract amid complaints about AmazonTrump pledges to 'look' at $10B Pentagon contract amid complaints about AmazonDonald Trump pledged to 'take a very strong look' at the $10 billion cloud computing contract the Pentagon plans to award later this year after receiving complaints that the bidding process appeared to be tailored for Amazon
Read more »

Area Man Somehow Endures Harrowing Entertainment-Free CommuteArea Man Somehow Endures Harrowing Entertainment-Free CommuteSAN FRANCISCO—Despite having no access to personal entertainment technology or media stimulation of any kind, 33-year-old Jeff Vali somehow withstood his entire harrowing 30-minute train commute Friday. “I wasn’t scared at first, but I started freaking out when I fully realized what was happening,” said a stunned Vali, who told reporters he had dashed out the door and left his iPod on the counter. “I still had my Kindle, but it went dead last week and I forgot to charge it. I tried to keep calm by reading the newspaper of the guy standing next to me, but I couldn’t get close enough to make out more than one or two big headlines. Even the ads on the train were all boring community college stuff. Eventually I realized I was going to be trapped with nothing but my thoughts for the next half-hour. It was horrifying.” Vali told reporters he managed to survive his ordeal by humming “Goodbye Yellow Brick Road” and sifting through the contents of his wallet.
Read more »

Jeff Bezos, Blue Origin: Why he spends billions on spaceJeff Bezos, Blue Origin: Why he spends billions on space
Read more »

I'm Probably the Worst Cook at Bon Appétit and Even I Can Make Chicken PicattaI'm Probably the Worst Cook at Bon Appétit and Even I Can Make Chicken Picatta'It's never let me down—which is how I know it's going to be there for you, too.'
Read more »

Ant and Dec start work on I'm a Celebrity - see what they're up toAnt and Dec start work on I'm a Celebrity - see what they're up toAnt and Dec have already started to work on I'm a Celebrity, which is set to air in late 2019
Read more »



Render Time: 2025-03-15 23:09:41