'Don't get greedy' — Mark Cuban warns investors of stock similarities to 1990s dot-com bubble

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“I had my 18-year-old niece asking me what stocks she should invest in because her friends are making 30% per day,” Mark Cuban said.

in May, told CNBC on Monday that the internet bubble lasted for multiple years. The Nasdaq rose more than 500% from 1995 until the bubble burst in March 2000.

"It wasn't like, 'Oh, we're in a bubble then all of a sudden the bubble is over months later,'" Cuban said. "It's difficult to have patience sometimes and recognize that there is still a lot money that can come in and chase that performance."

 

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Sure

Talk about greedy, maybe Mark Cuban should look at himself

Be well diversified and dont think stocks are going up up and away forever.

Short Nasdaq and buy gold 20k in 2023

Seems like her age shouldn't matter here. Also seems like a teachable moment in which he could've built upon organic impulse. Always be closing

Very interesting a 18 year old suggesting something like this

$ARKW $TAN $ONLN $PBW $WCLD etfs

My 1 RULE

What stock generate 30% a day? Is this a Gordon Geko stock ...so I can pay some Covid-19 bills😇

truth and Cuban is very questionable most times, 1,000 dollars that gets 30% daily return will be over 2m in 30 days of trading. Give me a break. Why the heck do they need him? He does tend to be lazy with facts.

Check your white privilege

Lol her friends aren’t making 30% a day PERIOD

Buffet once said... I go to a party & introduce myself as a portfolio manager: I know it’s a bear market when everyone runs away. A bull market when everyone asks for tips & a bubble when everyone starts telling me what to buy.

Maybe we should ask her friends.

Mark Cuban do you know of any good investment opportunities in Xinjiang, I heard labor costs are really cheap there.

Her friend is a liar.

They're too stupid to realize that they're the greater fools in The Greater Fool theory.

And this is how the wealth divide grows wider every day while 40% of unemployed still havnt gotten a single unemployment check.

Well Bill Gates said the best investment he made is with Big Pharma, he is fast becoming a big Drug Lord, B&MGF should be investigated, it's really a large tax avoidance for wealthy capitalist who have made billions from exploitation of the. World's people.

Now is a great time to buy Tesla and Apple

When 4 companies are the size Japan, the third largest economy. I would think there could be a issue? No? Bubalicious..

Given the increasing divergence between rational valuations and market prices, we suggest darts and a dartboard with random company names plastered over it. That ought to do it as evetually government intervention will buy everything and eat itself

If her friends are making 30% a day, then why doesn’t she ask her friends what to invest in 😂😂😂

Get the ones your friends have got!

Mark a Cuban is a communist.

It's not the same, although some valuations are a bit scary

Hi Mark, you are absolutely right, the market chart looks like the chart of the BITCOIN and we know how it had ended. The difference today is that the market is pumped up by president Trump who wants absolutely to be elected, unfortunately many investors will get burned.

Greed is good, greed works...

❤❤❤❤

This is not like the bubble 🤦🏾‍♂️

Why these billionaires warn retail investors where they are making money? Because they are pissed money is not flowing in stocks they own. Comparing 1990 with 2020 for IT stocks? How stupid is this guy? Tech is not a luxury, it's a staple today.

Mark is literally being greedy in China. He should sell his NBA team because they’re going to be worth a lot less once the war with China heats up more.

I’m sure we are seeing-45% pullbacks

Didn't he say he didn't like Precious Metals either 🤔

What are Mark’s thoughts on China?

Thanks guy that put radio on the Internet.

mcuban Bubble or not, persistence and patience is key. Dollar cost average in an index fund (such as FSKAX) and you’ll be fine over the long term. Don’t chase returns

mcuban “But anyone on the lookout for a 2000-style crash should be aware: tech shares’ current valuations pale in comparison to dot-com days. While obviously far from cheap at 25 times forecast profits, it’s less than half the levels seen at the internet bubble peak”

mcuban He made me feel like im doing bad and im up 50%

mcuban The money that the Fed has injected into the markets is really the only reason the market hasn’t collapsed. There is still a lot of uncertainty out there and investors hate uncertainty.

mcuban I can’t disagree with anything cuban said....

He should stop investing in HGH. Looks like Frankenstein.

Big oil will provide a fairly good return I'm thinking. Not those little ones tho. I'm thinking big.

What is running up 30% day?

Hard to say with the fed and central banks worldwide supporting the market with their printers working overtime.

What is she asking him for? Sounds like her friends are the ones to tap up

WallStreetBets is playing with the market.

She’s asking the wrong person. Her friends clearly have better picks than him.

Is this the equivalent of the story of the shoeshine boy giving stock advice that preceded the Great Crash?

Good luck investing with tech stocks at time highs and the s&p 4% off all time high . Many will burn . The recent popularity gain of the stock market has led many beginners investing blindly into stocks they know nothing about with no risk management and extremely high cost basis

When your Government adds Trillions in debt monetized by the FED, you get ridiculous markets that greedy citizens love to exploit.

Sure

(hashtag) things you never thought you'd here in 2020

Hes right. I'd listen if I were you...

Until they commit suicide

Well well well! Look at Mr. Rockeller and his fancy “stocks” 1/4 of his salary could keep my family fed with lentils for years!

Nasdaq up over 2.5% today. The Nasdaq is up more than 62.3% since March. During the middle of a growing pandemic. Does that smell right? Worse than the run up to 1999/2000 and 2006/07!

Bet you told her all China companies?...

Thats the top. Pack it in

Don’t worry about the stock market… Your Mark’s niece…

Yep. Greed is the downfall of many people. Most people who get scammed got scammed because of it.

Lollllll 30% a day ? Unbelievable

Lets ask the guy who sold his stocks right before Trump entered office.

Did he recommend any Chinese stocks?

Then why tf is she asking him 😂 😭

She should ask her friends!

Bulls and bears live to see another day, but PIGS get slaughtered!!

Shit, I'd like to not be greedy. I can't even stay afloat

as Bugs Bunny said 'what a maroon'.

Of course you told her stocks are just that market cycle fluff and buy or build a business with Buffett orgasmic profit margins, right?

But there’s a difference between knowing the path and walking the path :)

Welp. The top in the stock market is in

Tell her to ask her friends, obviously.

30% a day!! Give me abreak mcuban

How many studies have shown that so-called experts picking stocks are the same as or worse at making recommendations than flipping a coin. This is gambling. Just like landlords bitching about not being able to pay their mortgages in a pandemic, there’s no guarantee on returns.

Her 18 year old friends are taking 30% a day? As an adult, I know that 18 year olds never exaggerate or brag or forget to mention the losses on the previous days.

The guy shining my shoes told me the same thing last week.

mcuban Great Interview today on Squawk Box. I agree with the point about the Stock Market bubble might go on for some time.

no one makes 30% a day and doubt her friends make even 5% a day constantly.

“30% per day” Hmmm, okay lol

She should ask him that $JCP “investment” turned out.

What is wrong with being 18 year old and 30 % return ? I love these jealous baby Boomers . Keep Pumping young Guns.

Sooooooo what stocks should a newbie like me invest in... Who y'all got?

Ok Mr. Billionaire I won't get greedy 🙄

Doubtful when Warren takes over the Treasury!! DemocratsAreDestroyingAmerica

Sniff another line and kiss China arse like you've been doing

GIVE ME A BREAK THIS IS YOUR BUSINESS NEWS

18 yr olds with money to invest.

Mark Cuban is bitching about asset inflation but then is tweeting to people that they need to be asking their congressmen for more stimulus, bravo.

Nothing says greed like being a billionaire. He's such a dope

Ask China Mark.

What he did again?

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