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Warren Buffett Gave A-Rod Some Financial Advice By Using a Baseball Analogy

SGKing
Yankees third base coach Phil Nevin heard Alex Rodriguez's harsh criticism from the Wild Card Game broadcast and he has a rebuttal

FILE - Alex Rodriguez sits court side during the first half of an NBA basketball game between the Miami Heat and Los Angeles Lakers in Miami, in this Friday, Dec. 13, 2019, file photo. Minnesota Timberwolves owner Glen Taylor has reached agreement on his $1.5 billion sale of the club. He's selling to e-commerce mogul Marc Lore and former baseball star Alex Rodriguez. The news was confirmed by a person with knowledge of the negotiation speaking on condition of anonymity because league approval was still pending. (AP Photo/Lynne Sladky, File)

When Warren Buffett gives you financial advice, you listen up.

Since February the former New York Yankees slugger filed to raise $500 million for a SPAC, launched a venture capital firm, and took an ownership stake in the Minnesota Timberwolves.

He’s having a pretty strong year to say the least.

Now A-Rod is talking to Yahoo Finance about meeting up with Warren Buffet, who was more than happy to dish out some advice.

Buffett taught Rodriguez the basics of investing with a reference to Hall of Fame Red Sox Outfielder Ted Williams. Williams is known as the best hitter of all time.

“He talks investing, just like Ted Williams talked about discipline at the plate,” Rodriguez says.

“Stay away from the edges. When you get a fat pitch to hit, don’t go for a single or double — but hit a grand slam,” Rodriguez adds.

The two still get together every year to talk shop.

“He invited me down to Omaha, and that started a streak of about half a dozen years where I will go every year and visit with him,” Rodriguez says. “We will meet for two or three hours at his office, and then we’ll go and have dinner and have a steak.”

Not a bad friend to have.

Extremely wealthy people usually have extremely wealthy friends.

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