Balancing and diversifying our portfolios
Inspired by the life of Kobe Bryant, Steve and Chris look at athletes like Richard Sherman and Joe Montana leveraging their fortunes as venture capitalists. Does the NBA have a revenue problem? This recent IJB theme is reexamined through the lens of a reported drop in salary cap and tax. The NBA’s China problem has legs, apparently. They call back to investment talk looking at the battle for regional sports media properties. Buy high, sell low!