Guess What Mark Cuban's #1 Investment Is...

The stock market just isn’t what it used to be.

That’s what Mark Cuban had to say when he appeared on CNBC today. He slammed the allures of a market dominated by “hackers” and touted the virtues of cash.

Unlike the jittery markets today, Cuban argues, cash allows an investor to take advantage of new opportunities, and doesn’t buck to the whim of high frequency trading and fickle decisions. He adds that paying down debts with cash right now will get you “so much farther ahead.”

With cash, he says, “you’ll be able to sleep at night.”

As such, more than 50% of his portfolio is in cash.

Watch:

 

 

DON’T MISS: Mark Cuban Just Destroyed A Major GOP Talking Point >

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.