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Sports Investing Hedge Fund

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Views: 439
Posts: 7
 
Covers Rehab
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Joined: Oct, 2006
Posts: 1314
Posted: #1
This is just an idea I had, but I think it would be awesome to put together a hedge fund for investing in sports. with the state of wall street these days I believe it would be a reasonably safe investment with the possibility for great returns imo. has anyone ever heard of somebody doing something like this before?
 
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Joined: Sep, 2002
Posts: 1263
Posted: #2
yes it has been thought of many times before. Dont think you just "thought" of this its been all over the media.  Forbes had an article about it way back in 2004.  Heres the link its far from a knew idea, and mark cuban is the one behind it.  https://www.forbes.com/business/2004/12/01/1201autofacescan03.html
 
Covers Rehab
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Posted: #3
did he ever do it? or has anyone else that you know of?
 
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Posted: #4
Nothings ever came of it.  There worried about an owner of a team like that doing something like it because of worries games would become more fixed.  I agree though its a good idea and could return just as much as a stock.
 
Covers Rehab
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Posted: #5
i should give marky mark a call and see if he wants me to do it for him haha. thanks for that link. i figured it was too good of an idea for me to be the only one who ever thought of it haha.
 
Captain
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Joined: Nov, 2003
Posts: 9195
Posted: #6
Who are you, really?  I mean I'm not surprised that you have gone (or already were) tout, but I would love to know who you really are.  You're not fooling me that you're some 23 year old broke kid from Norman, OK.
 
Check my profile and send me an e-mail. 
 
 
Covers Rehab
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Joined: Oct, 2006
Posts: 1314
Posted: #7
haha what? i wish i wasn't that's for sure! unfortunately for me though, no matter how much i wish, i still wake up a broke dude in the middle of nowhere... it sucks haha. anyway, i was going to email you but i couldn't find your address. mine is on my page though so feel free to hit me up if you have any questions.
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