Former NBA basketball player Shaquille O’Neal shared an investment principle he heard from Amazon founder Jeff Bezos, which has inspired his undertakings since.
Just last week, the NBA Hall-Of-Famer said his investing inspiration had"scared" him away from his plans to make a bid for the ownership of the Phoenix Suns.Bezos is one of multiple billionaires reportedly considering a bid for the Suns,The Suns franchise is presently worth $1.8 billion and could sell for at least $2.
"You go to the panel first. If it goes to the panel and four out of five people like it, we do it," he said, emphasizing again that he does not let the monetary aspect of things cloud his decisions.When asked about the controversies about the NBA being in China, O'Neal admitted that it bothers him.Teams playing during the basketball semifinals at Datun Village Basketball Arena in Leping township, Guizhou Province, China, Aug 2, 2022.
The dispute between China and the basketball league sparked in 2019, when then Houston Rockets executive in Hong Kong. The post led to games being pulled off air, and Chinese companies withdrawing sponsorship from the league."And I also know for a fact that, despite what's going on in the world, there's two things that will always calm people down — sports and music."
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