Here's How Much Phil Mickelson Would Have Made Buying Stocks Instead Of Gambling
Portfolio Pulse from Aaron Bry
Phil Mickelson, a professional golfer, allegedly lost about $100 million in gambling over the last three decades. If he had invested this amount in stocks instead, his portfolio could have been worth between $320 million and $560 million, based on the S&P 500’s average annualized return. Companies like Draftkings Inc (NASDAQ:DKNG) and PENN Entertainment (NASDAQ:PENN) would have benefited if Mickelson had chosen to invest in their stocks instead of gambling.
August 14, 2023 | 2:13 pm
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Draftkings could have benefited if Mickelson had chosen to invest in their stocks instead of gambling.
While the news mentions Draftkings as a potential investment for Mickelson, it does not provide any concrete information that would directly impact the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
PENN Entertainment could have benefited if Mickelson had chosen to invest in their stocks instead of gambling.
While the news mentions PENN Entertainment as a potential investment for Mickelson, it does not provide any concrete information that would directly impact the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50