Time turns trend. - W.D. Gann
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Dear Entrepreneurs, Athletes and Lottery Winners: Here's How To Keep All That Money You Made
Allen Iverson, you will recall, used to be a star basketball player. He made $21 million one year playing for the Detroit Pistons. And he made more than $150 million in his career (a lot more, presumably, when one factors in endorsements and other ancillary income). But now Iverson is broke. And so is Lenny Dykstra, who made a boatload of money playing for the Mets and Phillies. (Dykstra's now worse than broke—he's in serious legal trouble. But his legal problems appear to be related to his financial problems.) And so are a whole bunch of other athletes who made inconceivable amounts of money in their pro sports ... (full story)
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