Mark Cuban “Gambling” Hedge Fund

Mark Cuban, the owner of the Dallas Mavericks professional basketball franchise, has proposed starting a hedge fund that makes money from “gambing”.

Read:

1.) Mark Cuban’s blog entry.
2.) CNN/Money press report.

Whether Cuban’s project lifts off the ground or not, he should be saluted for his statistical thinking and his correct analysis that markets are inefficient. These beliefs (not the gambling fund as I don’t know how the great trend followers would feel about such a venture) place him in good company with trend followers. I would be curious if Cuban is aware of trend following trading.

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