The Value Of Taking Fandom Out Of Your Investment Portfolio

Fandom can both have huge benefits, and deep, deep risk. When investing, it’s best to leave your fandom for other activities.

This downside to fandom became obviously apparent to me this week, when it was reported that Dallas Mavericks owner Mark Cuban has agreed to sell a majority stake of the franchise to the Adelson family. The Adelsons, best known by their now deceased patriarch’s Sheldon Adelson, runs the Las Vegas Sands
LVS
. This puts the Mavericks in an unknown future.