Quote of the Day: Mark Cuban

“I am usually opposed to investing in any non dividend paying stocks. I think the stock market is closer to a Ponzi scheme or chain letter than it is an efficient market. I’m not into p/e ratios, p/s ratios, etc. And I’m not going to make a big investment in a company just because I use its product – I’m into good old fashioned cash. I love businesses with low overhead, that don’t need to be technology leaders to succeed, that generate cash that they can put in the bank, and at some point hopefully payout to shareholders.”

– Mark Cuban

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