When SHAQ chooses which companies to invest in, he follows this one rule. (via CNBCMakeIt)
He's not focused on crunching numbers: "I never say, 'If I invest in this, five years down the line, we could sell it for this.' Every time I've had that model, it's always been a failure."Since retiring from his 19-year basketball career in 2011, O'Neal has seen just as much success off the court. He has investedand has since accumulated an impressive portfolio.
He has embarked on a number of business ventures, owning restaurants and fitness centers and opening night clubs, and most recently, he has become the style ambassador for JCPenney's "Big & Tall" business.When it comes to managing his personal finances, O'Neal keeps things just as simple:It's what he wishes he'd done when he was younger and what he recommends any young person coming into money do.
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