MLB legend Alex Rodriguez, with the help of some great minds, managed to spread his business empire and gained himself the title of a multimillionaire. Throughout his storied MLB career, Alex met countless people who pushed him in the right direction and kept them in his circle of confidence. And now, it’s been over six years since the former World Champ, A-Rod, hung up his cleats, but this character trait of his is still the same.
Alex, being a sensational name in both the sports and the business world, has a circle full of such great minds and wealthy people. Any advice on achieving success from any of them, if followed profusely, would give fruitful results. And now, A-Rod gave a special tribute to one such influential and wealthy person in his circle.
Alex Rodriguez sure knows how to charm others!
ADVERTISEMENT
Article continues below this ad
By using the right words and showing his potential, Alex Rodriguez, during his playing days, got the CEO of Berkshire Hathaway, Warren Buffett, to become his mentor. Not only did Buffett become a mentor to A-Rod, but he also insured the biggest contract in MLB history that Alex signed. It was this moment back in 2000, and their mentor-mentee relationship has only gotten stronger with time.
Now, Alex has once again charmed yet another billionaire investor, Daniel Loeb. As A-Rod posted a picture of himself with the multi-billionaire Loeb, he wrote on his Instagram story, “One of the smartest investors in the world.”
Loeb’s preferred strategy as an investor is to buy the companies that are struggling and turn them around toward profitability. This is what the investor calls “key to his success.”
ADVERTISEMENT
Article continues below this ad
How did A-Rod convince Warren Buffett to become his mentor?
After signing the biggest contract in MLB history of that time, A-Rod straight up went ahead and called Buffett’s office after getting his contract insured. Then, he invited himself over to a meetup with Buffett since the two were in business.
At the moment, Warren gave him the two most important rules of investing that Alex still follows to this day. The first one was to never lose money, and the second one was to never forget rule number one. These two rules became the start of a great mentor-mentee relationship. And the rest is history.
ADVERTISEMENT
Article continues below this ad
Watch this Story: “We were able to move very quickly” – When Alex Rodriguez jumped from the Mets to the Timberwolves within days
By the way, if given the chance, would you want A-Rod to become your mentor? Let us know in the comments below!