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Daymond JohnDaymond John

Take $500,000 over a dinner with Jay-Z

[$500,000]. Because most likely Jay-Z has said it a million times in various different ways. So it would be like me saving $500,000 just to spend two days looking at every single interview he's ever done... why do I need to listen to him? I could save $500,000.

Purely subjective preference of a successful entrepreneur.

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Win
Mar 22, 2023
#7152
Big CatBig Cat

The St. Louis Cardinals lost America the World Baseball Classic

The St. Louis Cardinals have lost America. I mean, Paul Goldschmidt just hitting into a double play when we had a little rally going... if we're doing the blame, I think I'd start with those guys. Get some hits in some big moments and maybe we can be sitting here bragging about the US being the best in baseball.

Goldschmidt and Arenado were 1-for-7 combined in the final, supporting the claim they didn't show up in the big moment.
Win
Mar 22, 2023
#7154
PFT CommenterPFT Commenter

The Los Angeles Angels were the biggest losers of the World Baseball Classic

I felt really the big loser of tonight was the Los Angeles Angels of Anaheim because... that last at-bat... Showhey Ohtani striking out Mike Trout... it was an electric atmosphere.

The Angels are frequently mocked for having two generational talents and never winning; having them finish the WBC against each other cemented the 'Angels are wasting them' narrative.
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Mar 22, 2023
#7156
Big CatBig Cat

I would rather watch March Madness 100 times out of 100 over the WBC

If you tell me, would you rather watch World Baseball Classic or March Madness? I'd say March Madness a hundred times out of a hundred times.

This is a purely subjective personal preference.

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Daymond JohnDaymond John

Parents should buy a share of stock that matches every toy they buy their kids

Buy him a little Caterpillar truck, right? Buy him a share in Caterpillar. Ooh. And then show him what that truck is equal to... Buy him a share in maybe Disney and a Disney product that he likes... he's gonna start to understand [finance].

Financial pedagogical advice.
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Daymond JohnDaymond John

Hot fashion brands typically only last five to seven years

The cycle of generally for fashion, a hot fashion brand lasts about five to seven years. There's a unicorns like Nike and Louis Vuitton. But you'll notice whether it's Benetton or Levi's... [they] chip away.

This is a general business observation from a fashion mogul.
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Daymond JohnDaymond John

The only way to make real money in the stock market is to hold for 20 years

If you buy something on one of those [Robinhood/Ameritrade], the real way you're going to make money is to hold it for 20 years. If it's a value. But if you buy it, you naturally look at your account and you go back and go, 'oh, I'm Gordon Gekko. I just made $200. Let me sell it.'... It takes away your discipline.

Standard financial advice regarding long-term compounding vs short-term trading.