PLAYBOY INTERVIEW: MARK CUBAN (5/5)
PLAYBOY: What’s new about that?
CUBAN: Actually, there was a time when the majority of companies paid dividends. But in the 1990s the intrinsic value of companies didn’t push the market. It was the ability of mutual funds and brokerages to market stocks. I don’t have proof, but I am willing to bet that the stock market basically correlates to the amount of money spent on marketing by the mutual-fund and brokerage industries. If you sell something hard enough, you create demand. In essence, the financial TV networks have become QVC for stocks. As long as you make it look good, you can find someone to buy it. I am trying not to be hypocritical, because I will buy stocks if I think they will go up. But that doesn’t mean I don’t think the stock market is broken. It’s the ultimate Ponzi scheme. The stock market is the only time we give other people
our money and don’t expect to get any cash back. I’ll tell you what: If interest rates go up to 10 percent, you could see the Dow, which is at 10,000 to 11,000, plunge to 5,000. That’s the other thing. No one knows. Do you think anybody really knows?
PLAYBOY: According to Forbes, you are the 164th richest American, with $1.8 billion. How much money does one need?
CUBAN: It depends on what kind of lifestyle you want. If I were single, $2
million in the bank would do me fine. Having a family now, I probably would
want more.
PLAYBOY: Is money a way of keeping score?
CUBAN: Absolutely. I mean, business is the ultimate competition. If you compete with me, my whole mission in life is to put you out of business. When we ran Broadcast.com, I was open in saying my goal was to stand in front of
an antitrust committee. Yeah, you can split up my company. That just means
I won and I will go do something different and do it all over again. To me,
money is a scorecard. It lets you know how well you are doing. If you are in
a particular industry, if you are getting the money and somebody is else is not, then you win. There’s an old Andrew Carnegie article they made me read at Indiana University. I keep copies of it with me. It basically says it’s patriotic to get rich.
PLAYBOY: With your wealth, have you moved into new social circles?
CUBAN: Most of my friends are the same ones I had before I had anything. I’m still good friends with my high school and college buddies, as well as ones from when I first moved to Dallas.
PLAYBOY: Tell us about your toys.
CUBAN: In Dallas, a yellow Hummer, a 2001 Ford Explorer and a 2004 Lexus
coupe. I have a Lexus 450 truck in L.A. and the same in Miami.
PLAYBOY: What do you consider your biggest extravagances?
CUBAN: My Gulfstream G550 by far. Nothing better than hav
ing a plane at
my beck and call. But I guess the biggest extravagance is not having to look at the price tag on anything. Have credit card, will buy.
PLAYBOY: What kind of boss are you? Do you tend to micromanage?
CUBAN: Typically, when I first get into an organization, I do because that’s how I learn what people can do. But over time I’ll fall off. Like now, from a management perspective, the Mavs for the most part run themselves. I have to devote only 30 percent of my time to them, and I can focus on the other things, such as marketing.
PLAYBOY: Are the Mavericks profitable?
CUBAN: Not even close. It’s because of my payroll. We have the second or third highest in the league, about $95 million this year out of revenue that will be $115 million. I didn’t do it the right way. I listened to my basketball people a little too much.
PLAYBOY: As far as whom to sign?
CUBAN: And the price to pay. It’s about building a team and what you do if
you make a mistake. I was told, “This guy can put us over the top. Spend the
money.” To get those kinds of guys you often have to take their bad contract. So we got stuck with all these bad contracts and maybe paid too much. And maybe they weren’t over-the-top guys. It added up and killed our flexibility. We’re just getting out of that now.
PLAYBOY: Last season the Mavs made it to the Western Conference semifinals and then lost to Phoenix. Is winning a championship proving tougher than you thought?
CUBAN: Not tougher, but it is more frustrating to get so close and blow it.
PLAYBOY: What changes have you made this season?
CUBAN: Hopefully we’re a defensive team, one of the better defensive teams in the league. Our big challenge is going from being all offensive all the time to being a team that can defend.
PLAYBOY: Is it true that you’re superstitious?
CUBAN: Yes.
PLAYBOY: Don’t tell us you never change your underwear.
CUBAN: I don’t wear underwear.
PLAYBOY: Okay, then what?
CUBAN: If I told you, I’d have to kill you.
PLAYBOY: It’s that bad?
CUBAN: No, it’s just completely stupid. If I’m chewing a piece of bubble gum and we’re winning, I don’t care how nasty that piece of gum gets, I chew it. But it’s going to last only one game. I don’t wrap it up and put it in the freezer for the next game. One year I had to walk a certain way to my seat. Even in my house there were certain tiles I wouldn’t step on. But I was seriously disgusted with myself for doing it. I was like, “Come on!” Then I’d
sidestep it. It was completely stupid.
PLAYBOY: You have a two-year-old daughter. Has being a dad changed the way you look at your life?
CUBAN: Dramatically. Now we can lose a game, but when my daughter comes
running to the door and says, “Daddy, I love you,” that’s what matters. It’s no longer “How am I going to feel when I’m 80?” It’s “I hope my daughter’s
healthy.” It’s “Whose ass am I going to have to kick when she starts dating?” I tell my wife, “I don’t care how pretty she is, but she has to have fat ankles.” Fat ankles will at least cut the population chasing her in half. I’m sorry, but I want her to have fat ankles.
PLAYBOY: What do you do when you’re not working?
CUBAN: I love what I do, so I never look at it as work. But I love to play basketball, read, work out and, most of all, hang with my wife and daughter.
PLAYBOY: We’ve spent a lot of time together in two different cities and not once have you behaved like the crazy guy at Mavs games. How do you explain the disconnect?
CUBAN: I have to let out the aggression somewhere. For whatever reason, when I play sports or watch basketball or rugby, I get really into it, over-the-top. Not football, not baseball—basketball and rugby. Go figure. Even before I bought the Mavs, when I was a season-ticket holder, my wife used to try to settle me down at games. In leagues at the gym I was
always at the top in technical fouls. I was even in a fight every now and then. I became friends with the guy who became CFO of Broadcast.com when we got into a fight playing basketball.
PLAYBOY: Would you change your temper if you could? In fact, is there anything you would like to change?
CUBAN: I’ll paraphrase a quote from Allen Iverson: I’m working the job I always wanted. I’m living the life I’ve always dreamed of. I love what I do, and I’m having fun. Why would I want to change it?
das interview entstammt der januar-2006-ausgabe des amerikanischen playboys. und das sag noch einer, den playboy koennte man nicht wegen der texte kaufen...