Dan Burns
By Dan Burns
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Opinion How Wily Donald Sterling Beat These 5 Investments
Getty Images (Reuters) — Donald Sterling bought the Los Angeles Clippers for 16 million and is set to sell the team for $2 billion. That’s a 16,000% return or a lofty 16% a year. Here’s a look at other investments he could have made at the time, and how much less he would have made….
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Breaking News Crazy-Like-Fox Donald Sterling Makes 16,000% Profit on L.A. Clippers
(Reuters) — Donald Sterling, forced to sell his National Basketball Association team after a lifetime ban for making racist comments, is not going to be remembered as a “visionary,” “icon” or “oracle” – terms attached over the years to renowned business personalities such as Bill Gates, Steve Jobs and Warren Buffett. But Sterling’s winning bet…
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