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A comment on Silicon Valley's newest billionaire - wireless wonder Robert Pera. Parent comment

Re:Silicon Valley's newest billionaire - wireless wonder Rob... by guynamedloren on Tuesday June 12, 2012 @07:18AM (#4099848)
> He is so 'frugal' that he is buying the Memphis Grizzlies.

I know nothing about sports but I think it's safe to say that's called an investment...

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Re:Silicon Valley's newest billionaire - wireless wonder Rob... by s1rech on Tuesday June 12, 2012 @08:09AM (#4100010)
some sport teams are treated more as a toy than an investment by their owners, like Chelsea or Man. City.
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Re:Silicon Valley's newest billionaire - wireless wonder Rob... by ImprovedSilence on Tuesday June 12, 2012 @12:06PM (#4101114)
And some sports are treated as an investment, see Washington Redskins. Some are both, see Dallas Mavericks.
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