The stock market's handling of new technology is kind of a joke. We have seen CNBC, CNNfn, Bloomberg, and the like turn into home-shopping networks for stocks. Fund managers and analysts go on TV and sell what's shiny and easy to sell.
I love helping entrepreneurs. It's something I really have fun doing. It's like planting a little seed and watching it grow. Any time I can help somebody, that's a good thing. It's fun. If I get to make some money at it, it's even better.
One thing I learned in the NBA is that the No. 1 job of a general manager is to keep his job. They are only 30 positions where you make millions and hang around with basketball players all day.
Every now and then I love to invest in a company that may not set the world on fire, but has the chance to establish itself, create jobs and have a positive impact.
