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'Don't get greedy' -- Mark Cuban warns investors of stock similarities to 1990s dot-com

• https://www.cnbc.com by Kevin Stankiewicz

"In some respects it's different because of the Fed and the liquidity," Cuban said. "But on a bigger picture, it's so similar."

"Everybody is a genius in a bull market," the "Shark Tank" investor warned. "Don't get greedy."

Billionaire Mark Cuban told CNBC on Monday that the stock market's rally from its late-March coronavirus-driven low reminds him of the 1990s dot-com bubble.

"In some respects it's different because of the Fed and the liquidity they've introduced and the inflation for financial assets that comes with that. But on a bigger picture, it's so similar," Cuban said on "Squawk Box." 

Cuban, who made billions of dollars during the dot-com boom, pointed to the newfound interest in the stock market from people who weren't interested before, such as his teenage niece.

"I had my 18-year-old niece asking me what stocks she should invest in because her friends are making 30% per day and other people just randomly asking me that never look at stocks at all what stocks they should invest in," said Cuban, who sold Broadcast.com to Yahoo in April 1999 for $5.7 billion.


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