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LeBron James: The All-Time NBA Scoring Leader and a Great Investment Manager

 
  • user  Michael.Green
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    Michael.Green  Michael.Green
     
      
     
     
     

    Chief Market Analyst with over 15 years experience with candid commentary and focuses on daily market analysis and financial research writing

     
 
 
 

Last night, LeBron James has become the NBA's all-time leading scorer, passing Kareem Abdul-Jabbar's 39-year-old record. Los Angeles Lakers star James, 38, hit 38 points in a 133-130 defeat by Oklahoma City Thunder to surpass Abdul-Jabbar's mark of 38,387.

 

We will know is greatness on the court, but he is also great, outside the court with is money and investments.

 

LeBron James, the NBA superstar, has been known to be an astute businessman and investor. He has made wise investments in a variety of companies and industries, including tech, entertainment, and sports. Some of his investment principles include:

 

Diversification: LeBron invests in a wide range of companies, spreading his risk and increasing his chances of success. Long-term thinking: He is not afraid to take a long-term approach, recognizing that investments may take time to pay off but can result in significant returns over time.

 

Research and due diligence: LeBron does his homework before making any investment decisions, carefully researching the companies and industries he is considering. Alignment with personal values: He invests in companies and causes that align with his values, such as social and environmental responsibility.

 

Collaboration with experienced partners: LeBron has teamed up with experienced investors and business partners to help guide his investment decisions and maximize his returns.

 

Forbes value James net worth at $1 billion, largely due to a spate of lucrative endorsement deals that often lead to him taking equity stakes in companies. James was the world’s second-highest paid athlete in Forbes 2022 rankings, making $41.2 million on the court and $80 million off of it (including for his role in Space Jam: A New Legacy and endorsements with Nike, PepsiCo and Walmart), behind only Paris Saint-Germain’s Lionel Messi. James became the first active NBA player to reach billionaire status last year.

 

These principles have helped LeBron build a successful investment portfolio and become a savvy businessperson and investor.

 
 
 

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Please note that the article should not be considered as investment advice or marketing, and it does not take into account the personal data and requirements of any individual. It is not a substitute for the reader's own judgment, and it should not be considered as advice or recommendation for buying or selling any securities or financial products.

 
 
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Disclaimer: Past performance, whether actual or indicated by historical tests, is not indicative of future success. Results are based on strategies not previously available to investors and may not reflect actual investor returns. Readiness and Sentiment Indicators, as well as the total score, are calculated using historical data and assumptions integral to the model, and they may be subject to losses. Active trading may not be suitable for individuals with limited resources, investment experience, or a low-risk tolerance. Your capital is at risk.

Please note that StocksRunner and its affiliates ("TS") do not offer, solicit, or endorse securities, derivatives, investment advice, or strategies of any kind. This information is for illustrative purposes only. Do not rely on it for investment decisions. Before making any investment, we recommend considering its appropriateness for your situation and seeking relevant financial, tax, and legal advice.

 
 
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Disclaimer: The Score performance whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. The Readiness Indicators, Sentiment Indicators and total score are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. Active trading is generally not appropriate for someone of limited resources, limited invesment or trading experience, or low-risk tolerance. Your capital may be at risk.

Please note that no offer or solicitation to buy or sell securities, securities derivatives of future products of any kind, or any type of trading or invesment advise, recommendation or strategy, is made, given or endorsed by StocksRunner including any of their affiliates ("TS").

This information is provided for illustrative purposes only. You should not rely on any advice and/or information contained in this website and before making any investment decision. we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.