Comments on: Why Is Rocket Ismail Broke? http://www.richardbrianpenn.com/?p=1409 Bringing smiles to your faces one expletive at a time! Wed, 25 Aug 2010 17:47:42 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: John http://www.richardbrianpenn.com/?p=1409&cpage=1#comment-899 John Fri, 20 Nov 2009 21:06:46 +0000 http://www.richardbrianpenn.com/?p=1409#comment-899 I added your blog to bookmarks. And i'll read your articles more often! I added your blog to bookmarks. And i’ll read your articles more often!

]]> By: Daniel http://www.richardbrianpenn.com/?p=1409&cpage=1#comment-758 Daniel Tue, 13 Oct 2009 20:22:44 +0000 http://www.richardbrianpenn.com/?p=1409#comment-758 I agree with the comment above that most people have way too much overconfidence when they handle their money, and successful athletes are likely to have this overconfidence even more so than the average person. But pro athletes are also marked targets for swindlers, as well as people who are trying to fund half-baked business ideas (there might be little difference between the two!). Regarding the former, stories about athletes being taken advantage of by their managers and advisors are a dime a dozen, and regarding the latter, clearly Ismail ran into more than his share of half-baked business ideas. Unfortunately, these athletes are at risk if they handle their own money, and they are at risk if they outsource it. If I were advising a pro athlete, I'd recommend him or her to watch and model after LeBron James. There's a guy who understands that his money is ultimately his responsbility, and he's invested a lot of time and energy learning and understanding how to handle it himself. Dan <a href="http://casualkitchen.blogspot.com/" rel="nofollow">Casual Kitchen</a> I agree with the comment above that most people have way too much overconfidence when they handle their money, and successful athletes are likely to have this overconfidence even more so than the average person.

But pro athletes are also marked targets for swindlers, as well as people who are trying to fund half-baked business ideas (there might be little difference between the two!). Regarding the former, stories about athletes being taken advantage of by their managers and advisors are a dime a dozen, and regarding the latter, clearly Ismail ran into more than his share of half-baked business ideas.

Unfortunately, these athletes are at risk if they handle their own money, and they are at risk if they outsource it.

If I were advising a pro athlete, I’d recommend him or her to watch and model after LeBron James. There’s a guy who understands that his money is ultimately his responsbility, and he’s invested a lot of time and energy learning and understanding how to handle it himself.

Dan
Casual Kitchen

]]> By: Johnny http://www.richardbrianpenn.com/?p=1409&cpage=1#comment-750 Johnny Mon, 12 Oct 2009 12:41:05 +0000 http://www.richardbrianpenn.com/?p=1409#comment-750 It seems like these guys because they think they're invincible on the football field feel as though they're smart when it comes to money and hire idiots or con artists to manage their money It seems like these guys because they think they’re invincible on the football field feel as though they’re smart when it comes to money and hire idiots or con artists to manage their money

]]> By: Langston http://www.richardbrianpenn.com/?p=1409&cpage=1#comment-749 Langston Sat, 10 Oct 2009 16:11:38 +0000 http://www.richardbrianpenn.com/?p=1409#comment-749 Who might this be? Who might this be?

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