Mortgage Blog

CNET founder Halsey Minor files for bankruptcy

June 6th, 2013 8:31 AM by Eric Fang

Here is the link first: CNET founder Halsey Minor files
for bankruptcy
. According to the articles, he failed because
of his investments in arts collection and commercial
real estate commercial. This is another example every
investor should learn: invest in the area you understand
the business. Though he was a very good at the investor
on IT, he might not be good at the commercial RE and arts
collection. For RE, Trump will do much better than him.

Still he is the guys who wants to try some new stuff.
According to him:  "I like doing things outside my comfort
zone, and I believe that willingness in part accounts for
my tech successes.”

 

Posted in:General
Posted by Eric Fang on June 6th, 2013 8:31 AM

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