Alex Rodriguez, Who Slammed 696 Home Runs in MLB, Reveals a Different Approach to Investing Millions of Dollars

In baseball, hitting home runs, grand slams, and wins are accomplishments everyone wants to achieve. But there is no doubt that these things take a lot of effort, and players have to work under pressure. The same goes for MLB legend Alex Rodriguez, who has achieved everything in his career and is now a successful businessman. But that didn’t mean he had the luxury of being carefree.

Running a business takes a similar kind of effort, and working as an investor also brings stress. Is investing in a business more difficult than getting a home run in baseball? A-Rod is the best person to answer this question!

Alex Rodriguez shares his take on investing!

Alex Rodriguez always takes a collective approach. He is now successfully running multiple businesses and knows every insight of the business world. During one episode of Bloomberg Wealth with David Rubenstein, the Yankees legend shares a few tips. He also answers questions related to his related to enormous investments.

On the difference in pressure involved while hitting a baseball and investing billions of dollars, A-Rod answered, “I am a very-very careful investor. While I liked home runs and grand slams in baseball. Here, At A-Rod Corp, we shoot for singles and doubles, and we definitely, never wanna strike out.” 

Rodriguez’s answer is something everyone can take note of. It also shows the right approach while investing, as a lot of risks are there, and being careful while making decisions is important.

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The Yankees legend also shares about his first investment made by him during his 20s. To the question about his presence during the business conclaves and his habit of taking notes, A-Rod answered, “I was always a study guy and want to do due diligence.”

The legend shares that he always watched other teams play to get their understanding. He added, “I have taken that same discipline, studying and surrounding myself with great people in the business world.”

What type of businesses is Rodriguez invested in?

Rodriguez founded A-Rod Corp in 1995. It has invested in different businesses, including real estate, construction, high-end fitness centers, and automotive dealerships. The latest addition to the former Yankee’s portfolio is the Minnesota Timberwolves, in which he owns a 20% stake.

The dedication shown by Rodriguez is the reason for him being one of the most successful business owners in the world. The approach of always learning and analyzing is part of his powerful personality.

What are the characteristics of the MLB legend that inspire you? Share in the comments below.

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