Is Donald Sterling's Court "Loss" Really His Gain?

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Mark Melin
Published on
Updated on

News reports say that Donald Sterling “lost” his recent battle with his longtime wife, who wants to sell an ego boost called the Los Angeles Clippers to an overpaying Microsoft founder looking for a new toy. Is this report that he “lost” accurate, or is the Donald of the west coast delusional? A California probate judge ruled Monday that Shelly Sterling’s deal to sell the “other” and often little recognized Los Angeles basketball team for a record can proceed. This might be a huge benefit to the elder Mr. Sterling as he should be happy to take the money and…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.