The Evolution Of Mark Cuban: From "No Doubt The Market Tanks" To "[Trump's] A Big Plus For The Overall Economy"

Tyler Durden's picture

It has been an 'evolutionary' year for billionaire Mark Cuban as his perspective has shifted from Trump-is-smart, "I'd be his VP" to Trump terror, "no doubt the market tanks," to acceptance to reality...

2/16/2016 - I think Trump is smart. I'd be Donald Trump's VP as long as he said he's listen to me in everything I said we'd be okay.

9/6/2016 - In the event that @realDonaldTrump wins, I have no doubt in my mind that the market tanks. If the polls look like there's a decent chance that Donald could win, I'll put a huge hedge on that's over 100% of my equity positions... that protects me just in case he wins.

11/1/2016 If Trump wins I'm already hedged. My hedge is up a little bit this week because the markets have been down multiple days in a row. I put on the biggest hedge I've ever put on against all my equities and interest-bearing bonds simply because of what I just said. You know, this is not like Brexit where oh, my goodness, there's a big reaction, big selloff and then a big bounce back and things just trickle down.

 

11/9/2016 - We all need to give President-Elect Trump a chance. Support the good. Lobby against what we disagree on. No one is bigger than us all.

And now today...1/23/2017 - I think the discussed economic programs are potentially a big plus for public companies and the overall economy.

As The Wall Street Journal reports, Mark Cuban is now among those who think the Trump administration could be boon to the economy and markets.

The key word: could.

 

The Dallas Mavericks owner and entrepreneur is “playing it by ear” when it comes to the effect President Donald Trump’s policies will have on the stock market. But he thinks there’s possible upside.

 

“I think the discussed economic programs are potentially a big plus for public companies and the overall economy,” Mr. Cuban said in an e-mail Monday morning.

 

The potential policies Mr. Cuban is optimistic about: corporate tax cuts; getting rid of the “friction” for small businesses; and reducing and simplifying administrative activities.

 

The big question marks, though, are whether the Mr. Trump’s policies actually get passed, and whether his communication tactics, “create social issues that overwhelm the economic upside.”

 

“The devil is in the details,” Mr. Cuban said. “We will see what actually happens.”

So, how is he investing in this new era? As he always does, he said: He’s long the stock market but hedged against “something catastrophic.” He declined to discuss further.

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1980XLS's picture

What an idiot.

He should go to Cuba

kliguy38's picture

watta douchebag ..... he's always been a clownassniffer

Jim Sampson's picture

FUCK MARK CUBAN!!!

 

He can eat shit and die.

DownWithYogaPants's picture

Cuban is such a huge douche bag. 

Joe Sichs Pach's picture

Stop giving this douchebag cuck any print/air time. Let him and his idiotic hypocrisy fade away and die

Cognitive Dissonance's picture

I looked up 'asshat' in the online dictionary. There was a picture of Mark Cuban.

Swear to God.

/sarc

Creative_Destruct's picture

"I put on the biggest hedge I've ever put on against all my equities and interest-bearing bonds simply because of what I just said. You know, this is not like Brexit where oh, my goodness, there's a big reaction, big selloff and then a big bounce back and things just trickle down."

Hope he took the bath that I previously said I hoped he'd take along with Soros and his 1- Bill loss.

But however much of a bath He and Soros took, it wasn't enough, ' cause they're still around...

The Saint's picture
The Saint (not verified) Creative_Destruct Jan 23, 2017 7:27 PM

Boycott the Mavericks.  I couldn't stand to support this asshat.

jcaz's picture

That picture is perfect- look how much he enjoys taking up the ass- the bald guy behind him is going for gold......

Savyindallas's picture

I'm a Dallasite-and I already have. Despite my great admiration for Dirk  - I root against the Mavs every game-because of Cuban. He needs to sell the team. 

DontGive's picture

Anybody who wears an Iron Man shirt on TV is trash. Total brosef.

Pinto Currency's picture

There is a piece of information missing here as to why Cuban became unhinged by Trump.

It will all become clear - perhaps he, too, was a Epstein pedo island visitor with many in Hillary's group of operatives.

Oldwood's picture

He is simply a weak gambler who always bets on the loser. He was talking his book because he believed he had more to gain from Hillary than Trump. Hillary was status quo for his investments, whereas Trump represented change...scary change for a lucky loser like Cuban.

Savyindallas's picture

I assume you mean that Cuban was an Epstein pedo patron   -  not trump. 

InjectTheVenom's picture

please go away Mark, and let the grown-ups take it from here.

oh, and please take Madonna, and Zuckerberg, and Clooney, and Miley what's her face, and ..... well, you get the picture.

 

DRAIN THE SWAMP.

 

SomethingSomethingDarkSide's picture

Stopped watching Shark Tank due to his politics.  Buy 30% of my asshole for $200k, Mark, there's plenty of "Revenue Stream" to keep you happy!

Cognitive Dissonance's picture

I was going to say....

'Milk milk lemonade. Around the corner fudge is made.'

But I decided not to.

/double sarc

RogerMud's picture

Mark Cuban is a tool. Whichever way the wind is blowing, that's where he will be.

venturen's picture

Survivor The Liberal Island....put all their Naked and Afraid butts there....come back in 4 years and see who survived! Micheal Moore could feed the tribe for at least a year...Miley & Madonna would kill off a bunch just from the diseases! 

Omen IV's picture

Barack Peddling Fiction Obama's name has been changed to.... cuban

Takeaction2's picture
Takeaction2 (not verified) 1980XLS Jan 23, 2017 6:42 PM

Every cry baby better get on board...this ship has set sail....and we WILL leave you. We welcome you...but if you stick to that horseshit snowflake narrative, you will melt and/or the TRUMP train will crush you.  Come over to the correct side now.   Every day I think TRUMP is going to set something on fire(In a good way).  I love it.  My Dem/Lib neighbor......is having a shit fit.  I also think that TRUMP loves being on TV and he LOVES being in every news cycle.  So friends...this is NOT going to end.  Every day...on and on....as he said. You are going to get sick of winning.

Gen. Ripper's picture

CUBA doesn't want (((CUBAN)))

pilager's picture

Still A SWAMP Creature.

auricle's picture

Nobody gives a shit what the Cuban thinks. 

BabaLooey's picture

Fuck off Cuban.

You LOVED Canks in the general - and plenty of posts, tweets and twats by you prove this.

Now that Trump kicked her cabbage farting ass, you want to kiss and make up?

I hope Trump plays with you, then Shittens Romulans your cap toothed ass.

Squid Viscous's picture

what a disgusting heeb, please go away...

King Tut's picture
King Tut (not verified) Squid Viscous Jan 23, 2017 6:37 PM

The shape-shifting Tribe goes whichever way the wind blows

iAmerican3's picture
iAmerican3 (not verified) Jan 23, 2017 6:31 PM

No American, no man, without honor or integrity (((Cuck Cuban))) is a false prophet.

Questions? 

cowdiddly's picture

oww, him want to be a pwesident soooo bad.

What an idiot

FreeShitter's picture

The mavericks lol.....

nmewn's picture

He'd look great in a pussy hat ;-)

krispkritter's picture

He is a pussy. Hat or not.

krispkritter's picture

Eat dick Cuban. You're about as genuine as Madonna's virginity. Despised you 'the very first time' I heard your BS.

Dilluminati's picture

Mark Cuban what an irrelevant turd, not even a RINO.  Simple irrelevant turd.

Can I get a picture of Mark grovelling like Mit Romney another insufferable yes man?

E.F. Mutton's picture

Invertebrus Parasticus Cubana

A spineless, parasitic species of blood sucking eel, known for it's ability to adapt to a variety of hosts.

peddling-fiction's picture

His paternal grandfather changed the family name from "Chabenisky" to "Cuban" after his family emigrated from Russia.

orangegeek's picture

Stick to fucking herjavec up the ass cuban - it's what you are good at.

Hulk's picture

Whatta Moron. No longer can watch shark tank...

alexcojones's picture

Cuban could be president of Davos

brainlpb's picture

I just read this article and it sounded liked Cuban just asked Icahn to blow up his short :-)

Anarchyteez's picture

He was totally for Killary! Month after month! I soooo wanted to punch his vomit spewing mouth. Fuck Shark Tank and fuck you Cuban.

It really shows his colors now that his nose is firmly between Trumps butt cheeks.

Mzhen's picture

Anybody remember the name of that company Yahoo stupidly bought off Cuban to make him a billionaire?

Peacefulwarrior's picture

Broadcast.com/Audionet the technology was limited at best but since he planted a flag the IPO was completely overvalued. Good timing was always his best play. But yes if we did not see or hear from Mark Cuban for another 20 years, it would still be too soon.