Avenue Capital's Marc Lasry says Milwaukee Bucks are his top investment - Business Insider

This story requires our BI Prime membership. To read the full article,At an event in Manhattan on Tuesday night, Avenue Capital founder Marc Lasry discussed his purchase of the NBA's Milwaukee Bucks, which he made six years ago with fellow billionaire Wes Edens.

While he played in college for one season at Clark University in Massachusetts, the founder of Avenue Capital ended up going to law school and then making billions of dollars as an investor. bought the NBA's Milwaukee Bucks in 2014 for $550 million . "I think it's been the best investment I've ever made," said Lasry, who used his newfound clout in the league to play in the 2016 celeb game that is a part of the All-Star Game festivities. Lasry expects the league and its franchises to continue to grow in value thanks to the demand for live sports.

"The amount of time we spend going through on value makes the basketball people very upset," he said.

It was great for Milwaukee too! Herb Kohl was running that team into the ground

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Super Bowl LIV highlights NFL's pay-TV power - Business Insider - Business InsiderSuper Bowl ad prices hit new heights this year, and along with the more expensive ads, viewership rebounded to 102 million across all platforms.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

Andreessen Horowitz's $750 million bio fund: investment strategy - Business InsiderAndreessen Horowitz just launched its biggest biology-focused fund yet. 2 of the firm's general partners told us how they plan to invest the $750 million.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

Business Insider is seeking nominations for 2020 Logistics Disruptors - Business InsiderBusiness Insider is publishing its inaugural Logistics Disruptors list. And we want to hear from you.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

How to prepare for a case interview at a top consulting firm - Business InsiderHere's exactly how to nail the consulting case interview if you want to stand out and land a job at top firms like McKinsey and Bain & Company McKinsey Case Interview Example - Solved by ex-McKinsey Consultant via YouTube CASE INTERVIEW WITH FORMER MCKINSEY INTERVIEWER: FLASHFASH via YouTube McKinsey Case Interview Example - Solved by ex-McKinsey Consultant via YouTube
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

Investing book recommendations from top portfolio manager John Huber - Business InsiderJohn Huber's portfolio gained 55% in 2019 thanks to a hyper-concentrated approach to stock-picking. Here are 5 books he says helped him sharpen his strategy.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »