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Quote by Mark Cuban

“The stock market's handling of new technology is kind of a joke. We have seen CNBC, CNNfn, Bloomberg, and the like turn into home-shopping networks for stocks. Fund managers and analysts go on TV and sell what's shiny and easy to sell.”

Quote by Mark Cuban

Author

Mark Cuban
Mark Cuban

Mark Cuban, born on July 31, 1958, is an accomplished businessman, investor, and television personality. He is renowned for his investments in the sports, media, and internet industries, most notably his investment in the broadcast company Hulu and the Dallas Mavericks basketball team. Cuban is respected for his straightforwardness, innovation, and business acumen. more

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“Tech stocks were the cubic zirconium of the market. They looked good and were sexy, but they just were a way for the company selling them to make money. That's always going to be transient in terms of the stock market. What's real is that companies have to compete. Technology used well is a great tool to enable that if only because most companies dont use technologies well.”

“The same applies to the music and film industries. Until the heads of the labels start wanting to make money rather than creating controversy, tension, and excuses about why piracy is making the job so hard that no one could do it but them - and oh by the way, they need a raise to really focus in on the fight - the music industry is going to have a very tough time of it.”