If you were watching the Ellen DeGeneres Show over the summer, you might have caught ex-NBA superstar Shaquille O’Neal explaining how he invested in Google in pre-IPO in the late 90’s after watching someone else’s kid at a Four Seasons Hotel in Los Angeles. That person ended up putting him on the Google investment opportunity which then went on to becoming one of the biggest tech company in the world. According to Shaq, he made “a really big return” and still owns shares as of today.

In fact, an investment right after Google’s IPO in 2004 would be yielding a…

“Someone’s sitting in the shade today because someone planted a tree a long time ago. “ — Warren Buffet.

These sound words from the investment guru of Berkshire Hathaway might just describe perfectly what investing really is about for pro athletes: investing isn’t necessarily about making 100x returns in the next few years, it’s about being able to sustain a comfortable living 50 years from now. Let’s keep that in mind.

Many athletes are getting into investing, or at least consider investing, very early in their careers from the moment they start signing lucrative contracts. A few might even wonder…

Competing in the best professional sport leagues in the world can be very lucrative. The top 100 earners of 2019 all made well over $25 million (Lionel Messi topping that list with $127 million in total earnings) and yet, as crazy as it sounds, a majority of them might just end up with nothing.

In 2009, Sports Illustrated published a breakout paper “ How (and why) athletes go broke “ claiming that 78% of NFL players end up either in bankruptcy or in financial distress within 2 years of retiring and that 60% of NBA players go bankrupt within 5…

Has the greatest idea of all time; think Facebook or Google.

Quits his job.

Buys a domain name and creates all the social media accounts while actively looking for his CTO.

Spends countless hours telling ex-coworkers how happy he is and how he could never have a boss again.

Buys a new laptop, preferably a Macbook pro.

Updates his Instagram bio.

Starts a pitch deck and drafts NDAs for the lucky investors he’s about to reach out to.

Watches all the videos of Steve Jobs and Gary V.

Creates t-shirts with the logo of his startup and buys a turtleneck…

A few years ago, driverless cars sounded a bit like science fiction. Today, pilot programs allowing self-driving cars to start moving customers around are being implemented in California. So how long until we can expect autonomous cars to drive us around everywhere? Not that long.

Introduction to self-driving cars

In 2014, the Society of Automotive Engineers (SAE) classified the future of automobile in 6 levels (from 0 to 5). Car makers have managed to develop self-driving cars stepping into level 3 (conditional automation: autonomous under certain conditions) and soon challenging level 4 (high automation: the driver can take control of…