Watch your Wallet with Alan Akina - Learning from the 2013 NCAA Basketball

25 Nov 2013 · 1 min

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This content was created by Alan Akina. This content was uploaded by Alan Akina. This is a YouTube segment titled "Watch your Wallet with Alan Akina - Learning from the 2013 NCAA Basketball" (posted 2013-11-25). It’s a short conversational clip from a Wake Up Today-style show featuring multiple speakers (SPEAKER A and B) and Alan Akina (SPEAKER C). Alan Akina offers financial lessons drawn from the Louisville vs. Michigan national championship game — highlighting diversification (Coach Rick Pitino’s investments and racehorses) and creating your own financial destiny (players Tim Hardaway Jr. and Glenn Robinson III).

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Well, speaking of success, the Louisville Cardinals found success on the court this year, winning the NCAA championship in grand style.
But Monday's game was more than just about winning. Alan Akina explains.
Good morning, gang. Did you happen to see the national championship game between Louisville and Michigan the other day? Well, if you did, you know it was one of the most exciting championship games ever. Not only did I witness a great game, but I also learned 2 important financial lessons from each team. So here's what I learned from Louisville. Diversification. You see, Coach Pitino, not only does he make money from coaching, but he also has investments and partnerships. He owns several Kentucky racehorses as a business. Now, one of his horses, Golden Sense, won a race just last week. Now, here's what I learned from Michigan. 2 of their top players, Tim Hardaway Jr. and Glenn Robinson III, Taught us that you have to create your own financial destiny. You see, Tim Hardaway and Glenn Robinson could have took the easy route and lived off the success of their fathers and all the money they made playing in the NBA. But instead, they chose to put in the work to make their own fortune. For Wake Up Today, I'm Alan Akina. See you on Monday.
Now see, that's what makes Alan different. I just saw a basketball game. I didn't see all that. That's what makes him the financial expert, I guess.
Yes.