1 day ago
The biggest market gains don't always go to the investors who buy first. Sometimes they go to the ones who have enough cash left when everyone else is rushing for the exits.
Billionaire entrepreneur Mark Cuban made that case last week on the "Diary of a CEO" podcast, urging investors to be patient as AI-related stocks surge. His advice is to resist the urge to chase every rally, keep some cash available and wait for the market to turn. That's when he believes the real opportunity appears.
"When that happens, that's when the real magic happens and where the real money is made," Cuban said. "The delayed gratification."
Cuban's approach reflects a lesson he ***** ociates with late Berkshire Hathaway (NYSE:BRK) (NYSE:BRK) Vice Chair Charlie Munger. In a conversation about long-term thinking and the temptation of get-rich-quick schemes, he pointed to Munger's belief that meaningful rewards require patience and effort.
"Even Charlie Munger used to say it all the time, right? There's no delayed gratification anymore. Never," Cuban said. "And if you don't realize you have to do the work first, you're not going to get the gratification."
#gratification #investors #first
Billionaire entrepreneur Mark Cuban made that case last week on the "Diary of a CEO" podcast, urging investors to be patient as AI-related stocks surge. His advice is to resist the urge to chase every rally, keep some cash available and wait for the market to turn. That's when he believes the real opportunity appears.
"When that happens, that's when the real magic happens and where the real money is made," Cuban said. "The delayed gratification."
Cuban's approach reflects a lesson he ***** ociates with late Berkshire Hathaway (NYSE:BRK) (NYSE:BRK) Vice Chair Charlie Munger. In a conversation about long-term thinking and the temptation of get-rich-quick schemes, he pointed to Munger's belief that meaningful rewards require patience and effort.
"Even Charlie Munger used to say it all the time, right? There's no delayed gratification anymore. Never," Cuban said. "And if you don't realize you have to do the work first, you're not going to get the gratification."
#gratification #investors #first
17 days ago
Texas A&M's 2026 season woes have made the Aggies somewhat unwatchable this fall, coming off last Saturday's 27-6 road loss to Missouri, while starting quarterback Marcel Reed's surprising regression under first-year OC Holmon Wiggins and a shaky offensive line have resulted in the Aggies not scoring a touchdown against Missouri and LSU.
In today's college football landscape of immediate gratification, bad seasons simply aren't allowed anymore, as third-year coach Mike Elko has come under intense scrutiny from the fan base after leading the Aggies to their first College Football Playoff appearance last season.
Still, Elko's ability to recruit and land elite high school talent has built the No. 1-ranked 2027 recruiting class, which includes a nation-high six five-star commits, including the top-ranked offensive lineman Mark Matthews and elite safety duo Kamarui Dorsey and JayQuan Snell.
While four-star linebacker commit Aston Whiteside is visiting Miami this weekend, the rest of A&M's 2027 cycle has stayed intact, and according to 247Sports (subscription required) insider Zach Blostein, Elko and his staff are looking to continue their recruiting dominance in the Sunshine State, as former 2027 four-star CB Loia Valade reclassified to the 2026 class and is currently on the roster.
Texas A&M reportedly fielded offers to Florida-based three-star cornerback Daveon Belhomme and three-star safety and UConn commit Alan Blackshere, looking to add more future depth alongside Kamarui Dorsey, JayQuan Snell, and five-star cornerback Raylaun Henry.
#star #texas #elko #kamarui
In today's college football landscape of immediate gratification, bad seasons simply aren't allowed anymore, as third-year coach Mike Elko has come under intense scrutiny from the fan base after leading the Aggies to their first College Football Playoff appearance last season.
Still, Elko's ability to recruit and land elite high school talent has built the No. 1-ranked 2027 recruiting class, which includes a nation-high six five-star commits, including the top-ranked offensive lineman Mark Matthews and elite safety duo Kamarui Dorsey and JayQuan Snell.
While four-star linebacker commit Aston Whiteside is visiting Miami this weekend, the rest of A&M's 2027 cycle has stayed intact, and according to 247Sports (subscription required) insider Zach Blostein, Elko and his staff are looking to continue their recruiting dominance in the Sunshine State, as former 2027 four-star CB Loia Valade reclassified to the 2026 class and is currently on the roster.
Texas A&M reportedly fielded offers to Florida-based three-star cornerback Daveon Belhomme and three-star safety and UConn commit Alan Blackshere, looking to add more future depth alongside Kamarui Dorsey, JayQuan Snell, and five-star cornerback Raylaun Henry.
#star #texas #elko #kamarui
2 months ago
Saving for retirement is hard. For starters, humans aren't very good at delaying gratification. And saving is basically choosing not to spend today so you can spend, hopefully even more, in the future. But there's another problem with saving for retirement: it is hard to set a goal. There's one popular retirement rule that can help with that. Here it is.
When you think about money, the gut reaction is to compare yourself to other people. That's understandable, but it can lead you into troubling waters. For example, the average 65 to 74-year-old has a net worth of nearly $1.8 million. So, you could argue that by 67 you should have that much money saved up. But that figure mashes together the very rich with people who aren't as fortunate. The median net worth, with half of all people above and half below, is roughly $410,000, which is a lot lower. Which one is the better target?
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ***** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
That doesn't even consider the fact that net worth includes ***** ets like a home, which isn't something you can easily tap for cash. Sure, you could sell your home and move into a small residence, but you still need to live somewhere. And you aren't average or median. You are you, and your earnings and savings numbers are unique.
That's where a simple savings rule comes in, based on your salary. Essentially, you are creating a personalized saving goal for retirement. To cut to the end of the story, the rule is that you should have 10x your salary saved by age 67. But that's just the final step in the process, because the rule provides benchmarks all along the way to keep you on track.
#spend
When you think about money, the gut reaction is to compare yourself to other people. That's understandable, but it can lead you into troubling waters. For example, the average 65 to 74-year-old has a net worth of nearly $1.8 million. So, you could argue that by 67 you should have that much money saved up. But that figure mashes together the very rich with people who aren't as fortunate. The median net worth, with half of all people above and half below, is roughly $410,000, which is a lot lower. Which one is the better target?
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ***** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
That doesn't even consider the fact that net worth includes ***** ets like a home, which isn't something you can easily tap for cash. Sure, you could sell your home and move into a small residence, but you still need to live somewhere. And you aren't average or median. You are you, and your earnings and savings numbers are unique.
That's where a simple savings rule comes in, based on your salary. Essentially, you are creating a personalized saving goal for retirement. To cut to the end of the story, the rule is that you should have 10x your salary saved by age 67. But that's just the final step in the process, because the rule provides benchmarks all along the way to keep you on track.
#spend
3 months ago
BATON ROUGE — LSU football officially wrapped up its first full week of fall camp with its sixth practice Tuesday, Aug. 11.
The team's first week ended with its first session in full pads at the Charles McClendon Practice Facility. No. 13 LSU is set to open Lane Kiffin's first season as head coach in 25 days when it hosts No. 23 Clemson for a marquee, Week 1 showdown inside Tiger Stadium Sept. 5 (6:30 p.m. CT, ABC).
Kiffin and his team worked through drills as media were allowed to view two periods of Tuesday's practice.
SAM LEAVITT Why LSU QB Sam Leavitt is reaping 'delayed gratification' in fall camp
Here's what stood out at LSU's sixth fall camp session.
#first #practice #full
The team's first week ended with its first session in full pads at the Charles McClendon Practice Facility. No. 13 LSU is set to open Lane Kiffin's first season as head coach in 25 days when it hosts No. 23 Clemson for a marquee, Week 1 showdown inside Tiger Stadium Sept. 5 (6:30 p.m. CT, ABC).
Kiffin and his team worked through drills as media were allowed to view two periods of Tuesday's practice.
SAM LEAVITT Why LSU QB Sam Leavitt is reaping 'delayed gratification' in fall camp
Here's what stood out at LSU's sixth fall camp session.
#first #practice #full
5 months ago
Jimmie Allen has been ordered to pay $1.8 million (£1.36 million) to a woman who sued him over accusations that he ****** ually ****** aulted and secretly filmed her in a Las Vegas hotel room.
Judge Aleta A Trauger ruled on Thursday 18 June that the country star be held liable by default for ****** ault and invasion of privacy in August after he ignored multiple court deadlines.
In a court order, the Big Shot singer was told to pay the accuser $597,000 (£452,000) in compensatory damages and another $1.2 million (£910,000) in punitive damages.
"The evidence shows that Mr Allen intentionally and surreptitiously filmed his ****** ual encounter with plaintiff without her consent," the court report reads. "These intentional acts caused plaintiff to suffer extreme emotional distress and trauma."
In a statement to Billboard, a lawyer for the plaintiff, known as Jane Doe 2, said the sum "recognises the profound trauma Allen inflicted on Jane Doe 2 for his own ****** ual gratification" and "underscores a fundamental principle at the heart of this case: it is never acceptable to record ****** ual activity without a partner's consent".
Thursday's ruling came in one of two civil ****** ual ****** ault lawsuits brought against Allen in 2023, derailing the singer's promising career after a run of No. 1 hits on Billboard's Country Airplay chart.
Judge Aleta A Trauger ruled on Thursday 18 June that the country star be held liable by default for ****** ault and invasion of privacy in August after he ignored multiple court deadlines.
In a court order, the Big Shot singer was told to pay the accuser $597,000 (£452,000) in compensatory damages and another $1.2 million (£910,000) in punitive damages.
"The evidence shows that Mr Allen intentionally and surreptitiously filmed his ****** ual encounter with plaintiff without her consent," the court report reads. "These intentional acts caused plaintiff to suffer extreme emotional distress and trauma."
In a statement to Billboard, a lawyer for the plaintiff, known as Jane Doe 2, said the sum "recognises the profound trauma Allen inflicted on Jane Doe 2 for his own ****** ual gratification" and "underscores a fundamental principle at the heart of this case: it is never acceptable to record ****** ual activity without a partner's consent".
Thursday's ruling came in one of two civil ****** ual ****** ault lawsuits brought against Allen in 2023, derailing the singer's promising career after a run of No. 1 hits on Billboard's Country Airplay chart.
1 yr. ago
Sports betting platforms are racing to catch up with DeFi's instant gratification and rewards
