Mark Cuban working on $3.5B sale of Dallas Mavericks to Sands casino family (apnews.com) 8 points by geox 2y ago ↗ HN
[–] Zanni 2y ago ↗ Article doesn't address the obvious question of how much Cuban paid for the Mavericks initially. Answer: $285 million in 1990. [0]https://www.cbsnews.com/pittsburgh/news/report-mark-cuban-se.... [–] whynotmaybe 2y ago ↗ So around 8% ROI? [–] [deleted] 2y ago ↗ (comment deleted) [–] [deleted] 2y ago ↗ (comment deleted) [–] [dead] zktrust 2y ago ↗ [dead] [–] [dead] migrane3 2y ago ↗ [dead] [–] [deleted] 2y ago ↗ (comment deleted) [–] weard_beard 2y ago ↗ I get a 0% ROI for purchasing tickets to Disney World, but there are other benefits. [–] Reubend 2y ago ↗ I'm confused, wouldn't that be a 1,228% ROI? Or am I missing something obvious? [–] polski-g 2y ago ↗ 686% inflation adjusted. [–] whynotmaybe 2y ago ↗ No, I was missing the "per year" so I guess "rate of return" is better than ROI. [–] jgeurts 2y ago ↗ 2000, not 1990
[–] whynotmaybe 2y ago ↗ So around 8% ROI? [–] [deleted] 2y ago ↗ (comment deleted) [–] [deleted] 2y ago ↗ (comment deleted) [–] [dead] zktrust 2y ago ↗ [dead] [–] [dead] migrane3 2y ago ↗ [dead] [–] [deleted] 2y ago ↗ (comment deleted) [–] weard_beard 2y ago ↗ I get a 0% ROI for purchasing tickets to Disney World, but there are other benefits. [–] Reubend 2y ago ↗ I'm confused, wouldn't that be a 1,228% ROI? Or am I missing something obvious? [–] polski-g 2y ago ↗ 686% inflation adjusted. [–] whynotmaybe 2y ago ↗ No, I was missing the "per year" so I guess "rate of return" is better than ROI.
[–] weard_beard 2y ago ↗ I get a 0% ROI for purchasing tickets to Disney World, but there are other benefits.
[–] Reubend 2y ago ↗ I'm confused, wouldn't that be a 1,228% ROI? Or am I missing something obvious? [–] polski-g 2y ago ↗ 686% inflation adjusted. [–] whynotmaybe 2y ago ↗ No, I was missing the "per year" so I guess "rate of return" is better than ROI.
[–] whynotmaybe 2y ago ↗ No, I was missing the "per year" so I guess "rate of return" is better than ROI.
12 comments
[ 3.0 ms ] story [ 41.4 ms ] threadhttps://www.cbsnews.com/pittsburgh/news/report-mark-cuban-se....