Reported 2 days ago
In a recent podcast, billionaire investor Mark Cuban advised against investing in flashy sectors like restaurants, clothing, and liquor, which he believes lack barriers to entry and can lead to poor financial outcomes. Instead, he recommends hiring experienced professionals to manage investments and suggests exploring industries with higher barriers to entry, such as real estate and 'boring' sectors like pest control or insurance, which can offer greater stability and profitability.
Source: YAHOO