Mark Cuban
blogmaverick.com · Personal blog · on HN since 2007
Mark Cuban, entrepreneur and investor, writes on business, careers, startups, and the stock market.
What HN saysHN commenters link it for his advice posts, such as following effort over passion and his view that the tech bubble is worse than 2000, and one praises his Wall Street insight.
254HN people shared it
105linked it in comments
311stories submitted
5.8Kstory points
1 year agolast shared
2007people per year2026
Most-shared posts
- 1Dont Follow Your Passion, Follow Your Effort12 people · 42 points · first shared 2012 · 2 comments on HN
- 2Talking Stocks8 people · 79 points · first shared 2008 · 27 comments on HN
- 3Mark Cuban: Success & Motivation7 people · 29 points · first shared 2007 · 4 comments on HN
- 4Homepage7 people · first shared 2008
- 5Want an Unpaid Internship So You Can Get Valuable Experience ? – Screw You6 people · 45 points · first shared 2009 · 183 comments on HN
- 6You only have to be right once6 people · 37 points · first shared 2007 · 16 comments on HN
- 7Why This Tech Bubble is Worse Than the Tech Bubble of 20005 people · 150 points · first shared 2015 · 97 comments on HN
- 8Mark Cuban on How to Get Rich5 people · 108 points · first shared 2008 · 63 comments on HN
- 9Rules for startups5 people · 77 points · first shared 2008 · 38 comments on HN
- 10The Great Internet Video Lie5 people · 47 points · first shared 2009 · 30 comments on HN
- 11Success & Motivation5 people · 46 points · first shared 2009 · 1 comments on HN
- 12Facebook Handled their IPO Exactly Right4 people · 171 points · first shared 2012 · 104 comments on HN
- 13The Idiot's Guide to High Frequency Trading4 people · 151 points · first shared 2014 · 94 comments on HN
- 14I hired a team of shoppers to find out how businesses were opening in Dallas4 people · 134 points · first shared 2020 · 150 comments on HN
- 15What Business is Wall Street In?4 people · 94 points · first shared 2010 · 34 comments on HN
What HN people wrote when they linked it
DenisM · 2008-09-10
Go read his blog, you'll love him. http://www.blogmaverick.com/
He has a great post up on how the inside of wall street works. And he is qualified to speak - he is on the inside.
nyjah · 2023-12-24
I really like this post by Mark Cuban and the HN discussion about Why you should never listen to you customers. Worth checking out..
https://news.ycombinator.com/item?id=1244756 [2010]
https://blogmaverick.com/2010/04/06/why-you-should-never-listen-to-you… [2010]
PakG1 · 2018-06-30
A similar sentiment: http://blogmaverick.com/2012/03/18/dont-follow-your-passion-follow-you…
staunch · 2015-07-19
Mark Cuban's advice may be relevant: http://blogmaverick.com/2012/03/18/dont-follow-your-passion-follow-you…
spir · 2015-06-14
Mark Cuban made some interesting remarks http://blogmaverick.com/2015/03/04/why-this-tech-bubble-is-worse-than-…
"If stock in a company is worth what somebody will pay for it, what is the stock of a company worth when there is no place to sell it ?"
adventured · 2015-04-23
I still remember the loud howls of mockery when Google paid $1.65 billion for YouTube in 2006.
Mark Cuban said: "Only a moron would buy YouTube" (due to the potential legal liability) and "There is a reason they haven't yet gone public, they haven't sold. It's because they are going to be toasted" and "Would Google be crazy to buy Youtube. No doubt about it. Moronic would be an understatement of a lifetime."
http://blogmaverick.com/2006/10/07/some-thoughts-on-youtube-and-google…
It was almost universally ridiculed as being far too expensive. Analysis was done in every other article about how Google would never be able to pay for the acquisition with YouTube as a business.
Eight years later, it's more than clear that YouTube was a steal for Google at $1.65 billion. It's worth 10+ times that today.
rcarrigan87 · 2015-02-24
Mark Cuban wrote a great post about when colleges start going out of business.
As a college grad with a lot of debt I advise everyone to avoid student loans at all costs. It's not worth it and there are always alternatives.
http://blogmaverick.com/2013/01/26/will-your-college-go-out-of-busines…
imjk · 2015-01-17
I don't always agree with Mark Cuban, but I think he makes a good point on this when he talks about the folly in the adage, "follow your passions." His point is that you should follow your efforts as that leads you to be better at something, which in turn grows your passions in it. You can read his words for yourself: http://blogmaverick.com/2012/03/18/dont-follow-your-passion-follow-you…
selmnoo · 2013-11-04
Sridhar Vembu of Zoho - http://blogs.zoho.com/author/sridhar
Craig Newmark - http://craigconnects.org/blog
Mark Cuban - http://blogmaverick.com
Tim O'Reilly - http://radar.oreilly.com/tim
Yeah, I'm pretty sure evidence to the contrary is stronger. A little googling tells me C-levels and founders of forbes 100 are often proflic bloggers. Novell, Cisco, Oracle, a lot of founders of big companies in India, and many here in the non-tech sector blog as well.
Insofar as commenting on HN and other similar sites is quite similar to blogging, there's a lot of others here too.
donebizkit · 2012-10-21
As was intrigued by that uncommon advice "don't follow your passion, follow your effort" but after I read Mark Cuban's post I'd say he's right. What do you guys think?
Link to blog post: http://blogmaverick.com/2012/03/18/dont-follow-your-passion-follow-you…
sachitgupta · 2012-05-21
Mark Cuban on success and motivation: http://blogmaverick.com/2011/04/07/shark-tank-success-motivation/
The whole post is gold, but this is the best part:
The point of all this is that it doesn’t matter how many
times you fail. It doesn’t matter how many times you almost
get it right. No one is going to know or care about your
failures, and either should you. All you have to do is
learn from them and those around you because…
All that matters in business is that you get it right once.
padobson · 2012-03-29
I do not.
I believe wholeheartedly in Mark Cuban's advice here:
"The first step to getting rich is having cash available. You arent saving for retirement. You are saving for the moment you need cash. Buy and hold is a sucker’s game for you. This market is a perfect example. Right at the very moment when cash creates unbelievable opportunity, those who followed the buy and hold strategy have no cash."
Emphasis mine.
Full article: http://blogmaverick.com/2008/10/04/how-to-get-rich/
kevin_morrill · 2012-01-25
Not true. Marc Cuban has written an excellent blog post on this: http://blogmaverick.com/2004/07/20/microsoft-dividends-and-stock-buyba…
Dividends reward you for holding a stock. Buybacks you when you sell the stock. I'd much prefer dividends, and if we had a better tax policy on them, I think you'd see companies do a lot less crazy #&*$ to expand into markets that they have no business in.
cal5k · 2010-12-20
Hmmm... well I don't always agree with him, but Mark Cuban often has interesting contrarian views on the technology business. He's certainly outspoken:
http://blogmaverick.com/
joshklein · 2010-07-30
That's the argument I hear from trader friends, to which I respond, the people who produce wheat/iron/cheddar and the people who consume wheat/iron/cheddar can figure that out perfectly well in the absence of speculators and high frequency trading.
Your other points are well taken, but I do think Krugman is largely referring to equities, and I sort of parrot part of the argument made by Mark Cuban in the following link without sharing how I got to that line of thinking:
http://blogmaverick.com/2008/09/08/talking-stocks-and-money/
bdickason · 2010-05-17
I chuckled at this because of the recent "Wall St Traders = Hackers" post by Mark Cuban. Will be fun to watch how the format caters to the two if they really are so similar!
"The best analogy for traders ? They are hackers. Just as hackers search for and exploit operating system and application shortcomings, traders do the same thing. A hacker wants to jump in front of your shopping cart and grab your credit card and then sell it. A high frequency trader wants to jump in front of your trade and then sell that stock to you."
http://blogmaverick.com/2010/05/09/what-business-is-wall-street-in/
steveplace · 2009-03-04
Mark Cuban has a counterpoint:
http://blogmaverick.com/2009/01/27/the-great-internet-video-lie/
Not that I agree with him, but it's nice to have discourse.
old-gregg · 2009-02-03
"It's all TCP/IP", really?
http://blogmaverick.com/2009/01/27/the-great-internet-video-lie/
sidsavara · 2009-01-30
Seth Godin's Blog - http://sethgodin.typepad.com/
Mark Cuban - http://BlogMaverick.com
Paul Graham - http://PaulGraham.com
Gary Vee - http://garyvaynerchuk.com/
538 - http://FiveThirtyEight.com fascinating
Freakonomics - http://freakonomics.blogs.nytimes.com/ as above
ZenHabits - http://zenhabits.net I met him in person and Leo is as genuine as they come
My Life In A Cube - http://www.mylifeinacube.com/ Great comic
And like, hundreds more ;)
Also the best place to find stuff I like is my StumbleUpon RSS feed at http://tr.im/sidsu
I think it is all pretty spiffy stuff myself. And of course, my blog is at http://sidsavara.com
llimllib · 2009-01-22
That's all true for the article I linked directly, but the problems are greater than just the lower ad load.
The value of a la carte viewers is lower than the value of scheduled viewers[1] and more importantly, the internet is not designed to assure successful video delivery[2].
He even proposes a mechanism[3] for fixing the economics of video distribution - by intermediating the cable companies(!), for whom a marginal viewer has no cost, between content providers and customers.
I'm truly not a Cuban fanboy, but I think he's got a point on this one.
[1]: http://blogmaverick.com/2007/07/09/metcalfes-law-and-video/
[2]: http://blogmaverick.com/2008/03/28/internet-video-vs-digital-tv/
[3]: http://blogmaverick.com/2008/07/14/the-way-to-save-internet-video/
bokonist · 2009-01-20
My favorite posts and sites:
Mark Cuban's post on stocks:
http://blogmaverick.com/2008/09/08/talking-stocks-and-money/
A blog of a hedge fund trader in Japan:
http://nihoncassandra.blogspot.com
A blog of a hedge fund trader in London:
http://macro-man.blogspot.com/
Reminices of a stock operator - written in the 1920's, everything he says still applies today.
If you really want to understand both the economy and stocks, try doing this search in google:
site:blogs.cfr.org/setser/ mencius moldbug
and read every comment by Mencius.
Finally, I recommend a short comment I made about stocks and investing here: http://www.newmogul.com/item?id=2587
I was a huge fan of the book "A Random Walk Down Wall St" when I first read it. But now I believe that it is seriously misguided. The stock market is a far different beast than it was in 1970.
thinkzig · 2008-12-28
I'll start by saying how cool it is that I think you're doing this for your class. I wish someone had turned me on to the possibilities that entrepreneurship brings when I was in high school.
Hard to go wrong with some Seth Godin. Here's a link to Seth's best from the past two years.
http://sethgodin.typepad.com/seths_blog/2008/09/best-of-the-blo.html
I also like this series from Mark Cuban called "Success and Motivation"
http://blogmaverick.com/2007/12/24/success-and-motivation/
jedc · 2008-10-17
Well said. Most people should follow Mark Cuban's recent advice:
http://blogmaverick.com/2008/10/15/where-to-put-your-money-right-now/
Alex3917 · 2007-09-11
Undoubtedly one of the greatest blog posts of all time:
http://www.blogmaverick.com/2005/09/13/because-thats-the-way-we-have-a…
gyro_robo · 2007-05-21
What's the deal with his blog posts ending mid-sentence?
From part 3: "I remember going to every single" --?
From
http://www.blogmaverick.com/2004/06/08/rules-of-success-1-sweat-equity…
"Could you imagine the" --?
Was he interrupted by the Dallas cheerleaders walking in his office en masse so that he forgot all about even coming back to it?
gavanwoolery · 2014-06-25
I've probably written about it a few times in various comments, but the essence of it can be found here:
http://blogmaverick.com/2010/08/20/the-stock-market-is-still-for-sucke…
and here:
http://blogmaverick.com/2008/09/08/talking-stocks-and-money/
(I don't always agree with Mark Cuban, but most of what he says here seems pretty sensible).
As far as investing goes, I always seemed to be pretty "good" - or at least, lucky. It was not unusual for me to make a few thousand dollars in a week (and occasionally lose a little). I typically never invested in very risky prospects, always things that I knew would be around for quite a while like Google and Apple.
I made the foolish mistake of investing in Freddie Mac and Fannie Mae, companies that were once labeled "too big to fail" (and now trade OTC, if at all - have not checked since they became junk). Actually, my "mistake" appeared to be a brilliant move at first, as I made $30,000 in a few hours. But in a few more hours, that number was negative. However, I was not investing out of speculation, I invested because I thought that these companies were going to survive the recession - in fact, because of a statement from Hank Paulson (then Secretary of Treasury) who said that the government would not be taking over these entities (they were GSEs, but publicly traded). Hours later rumors turned against this, and within weeks it was trading at $0.25 or less (down from $7 to…
Permit · 2012-09-21
Mark Cuban bemoans the good old days like any technical trader before they were beaten out by computers. He doesn't advocate trading on fundamentals. The battle cry against high frequency tradings seems to come primarily from individuals who were previously successful in specialist trading.
Here he talks about how he bought a stock, watched it climb then shorted it and celebrated its bankruptcy: http://blogmaverick.com/2008/09/08/talking-stocks-and-money/
But yes, speak to us from the moral high ground. Cuban simply rode what essentially amounted to a pump-n-dump. He wasn't doing the promotion, but he sure as hell wasn't in it for the long term growth of the underlying company.
Here's a fantastic quote from Mr. Cuban: "What about fundamentals? Fundamentals is a word invented by sellers to find buyers.
Price-earnings ratios, price-sales, the present value of future cash flows, pick one. Fundamentals are merely metrics created to help stockbrokers sell stocks, and to give buyers reassurance when buying stocks. Even how profits are calculated is manipulated to give confidence to buyers."
spiredigital · 2012-06-27
I'd respectfully disagree. The original context of Cuban's advice is here:
http://blogmaverick.com/2012/03/18/dont-follow-your-passion-follow-you…
..and an especially relevant excerpt related to your comment:
"Why? Because everyone is passionate about something... ... [things] that we really really want to do with our lives. Those passions aren’t worth a nickel."
His overall point is that instead of blindly following after your passions and "hoping" things will work out, you should count on effort and hard work.
Technically, you're right - Cuban wasn't talking about specifically picking an eCommerce niche. But he does make the great point that if you're successful at something - regardless of what it is - you usually become passionate about it.
The problem faced by many new entrepreneurs is that their passion-based business plan doesn't get traction, and they give up. But if you start with a effort and market based business plan, a new entrepreneur is much more likely to succeed. And when they're successful with their business, they'll become very passionate about it.
inkaudio · 2012-02-09
Very good advice, but I'll also recommend you educate yourself further. Take 90k and save it, it is easy to burn money on a business. -
read: http://www.paulgraham.com/selfindulgence.html
Also read following:
Read
Getting Real ( http://gettingreal.37signals.com ) - By 37signals
Rework ( http://37signals.com/rework/ )
37signals blog seris - bootstrapped, profitable & proud
( http://37signals.com/svn/posts/2937-every-bootstrapped-profitable-prou… )
Read
Start Small, Stay Small ( http://www.startupbook.net ) by Rob Walling
http://www.softwarebyrob.com/ - He also has a great blog
Read
http://www.jamesaltucher.com/2012/01/the-10-keys-to-selling-anything/
http://www.jamesaltucher.com/2011/04/the-100-rules-for-being-an-entrep…
Read
The Lean Startup by Eric Ries
http://www.startuplessonslearned.com/ - Eric Ries blog
Read
How to win at the sport of Business by Mark Cuban
his blog : http://blogmaverick.com/
Also keep in mind, most great products / services are not revolutionary but evolutionary. Google, Facebook both improved on existing ideas, Apple's ipod was not an original Apple idea/tech either : http://www.dailymail.co.uk/news/article-1053152/Apple-admit-Briton-DID…
int3rnaut · 2011-08-12
The Patent system isn't that bad, it's just a little broken; the issue is the application. If the main requirements were more thoroughly followed and processed (the idea of inventing something new, useful, etc) there wouldn't be a problem.
Abolishing the system would in my opinion do a lot of harm--as right now it is not beyond repair.
Just spit-balling here but I'd like to see (and I encourage others to do the same because that's how answers are found, so even if they are a bit dumb (just look at mine haha) share them because maybe they'll lead to something):
- Tech specialists/historians should be more entrenched within the patent office
- Shorter patent terms
- Jury/Panel of peers? Haha, sounds dumb but maybe in the process everyday people are put through a short explanation of the product and if at the end of the explanation someone goes, "that kind of sounds like such and such" the process is stopped and investigated.
Mark Cuban had some interesting ideas on blogmaverick too,
http://blogmaverick.com/2011/08/07/my-suggestion-on-patent-law/
I guess the good thing about this situation is that it has people talking.