Från Nick Magiulli idag. Kul vad:
Recently on Twitter, Mark Cuban, of Shark Tank fame, and Peter Mallouk, President/CEO of Creative Planning, got into a spat about Cuban’s tweet concerning Dogecoin. One thing led to another and Mallouk challenged Cuban to a bet about what would outperform over the next decade, the S&P 500 or any set of stocks selected by Cuban.
Cuban countered Mallouk with another bet, stating that either Ethereum or Bitcoin (Mallouk’s choice) would outperform the S&P 500 over the next decade. Mallouk accepted both bets (which were each set at $1 million) after Cuban chose a 50/50 Amazon/Netflix portfolio against the S&P 500. The proceeds from each bet will go to a charity of the winner’s choice. To summarize:
- Bet 1: Bitcoin or Ethereum (Cuban) vs. S&P 500 (Mallouk), over next decade
- Bet 2: 50/50 Netflix/Amazon (Cuban) vs. S&P 500 (Mallouk), over next decade
Whose side are you taking for each bet?