Re: Mark Cuban, out-of-touch billionaire

Date: 2022-11-10 04:41 am (UTC)
canyonwalker: Mr. Moneybags enjoys his wealth (money)
From: [personal profile] canyonwalker
Unfortunately a lot of financial advice, even a lot of popular financial advice, misses the mark. So often the advice needs a disclaimer, "This works only if ____," where fill-in-the-blank is:

  • You did it decades ago (not true today)

  • You live in certain areas, like NOT in an expensive city (real estate advice)

  • You were already affluent (e.g., had a head start from inter-generational wealth)

  • You got lucky (it worked once so you wrote a book)

  • Two or more of the above.

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canyonwalker

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