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Cuban promotes gambling hedge fund


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My dad and I were talking about this in the morning and realistically it makes sense. I've long thought Wall Street is a gamble and thast basically what Cuban is implying here.

 

When you think about it, at least you pretty much know the facts in sports while in the stock world everything isn't out for you to see in the open. You have no idea whats really going on in a business and whether whats being reported is true or false.

 

A good professional gambler, can take advantage of things and if he won 52% of the time the investors would be making a solid return, especially if htye picked up on some potential big gainers.

 

Still, I see something preventing this whole thing from happening. I'd consider investing in it, although if I recall Hedge Funds usually require a decent amount of cash to get in (not positive on that though).

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