First, LBW would like to give a shout out to Erin Ogden, co-owner of OgdenGlazer, LLC for providing the article that we have based this blog post on. Second, our post is a response to the article linked below, please read it to gain more clarity on the subject (we apologize for the extra work!). Third, the article was published Jun 23, 2016. We are a little late on our opinion, however this article provides an excellent example of understanding the respective risk vs. reward.
http://www.inc.com/zoe-henry/lebron-james-stephen-curry-finance-strategies.html?cid=sf01001&sr_share=twitter Before I (Tim) get in to my thoughts on the article, I need to disclose a few items: 1) Growing up, I idealized the Chicago Bulls (being from Salt Lake City and watching the Bulls whoop the Jazz was bittersweet), and to see the Warriors break their regular season winning record was tough; 2) Because the Warriors broke the record, I could only hope that they would lose in the finals, so that the 1996 Bulls team could continue to be the best team in NBA history; 3) I will admit, I am a LeBron James fan and have been since he entered the NBA; 4) As a result of my admiration for James and the 1996 Bulls team, I am not a fan of Steph Curry nor the Warriors. With this full disclosure in mind, I will now give my thoughts on the article. |
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