Steve Wozniak is a famously cautious investor who hates owning stocks. He also stars in online reality investing show “Unicorn Hunters.” Here’s how he weighs his decisions.
"For ages and ages, I get pitched a dozen times a day to join other companies and startups [that say], 'We're going to be the next Apple, we're gonna be the next Steve Jobs, whatever,'" he says."I just get so tired of telling them all, I am backlogged and I don't really have the time."
"I'm just looking at: Does this technology mathematically, scientifically, [and] engineering-wise have a chance of actually being developed at a reasonable cost?" he says.It always helps to be skeptical as an investor, Wozniak says. Most sales pitches only highlight the best possible outcomes for a product or company.