Anthony Scaramucci Says 'Own Your S***' Is The First Rule for Young Investors: Urges Them To Embrace Change, Take Risks And Learn From Market Veterans Like Him

Benzinga

05/29

Founder and CEO of SkyBridge Capital, Anthony Scaramucci, has some no-nonsense advice for young investors looking for success in an uncertain business landscape: own your flaws, consult older ...

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It’ll help your happiness and it’ll help your outlook on life.\"He highlighted that this should be the \"number one\" priority for any individual.Highlighting the importance of resilience, he said: \"People that are in business for three, four decades, they’ve had at least eight to nine cataclysms… those bear markets steel you for staying in things and being patient.\" This piece of advice echoes lessons Scaramucci learnt from unknowingly holding on to $1,200 worth of Microsoft stock from 1992, which went up to $288,000 over twenty years.For young investors, Scaramucci recommended consulting with seasoned professionals: \"Seek out older investors that have been destroyed in the markets like me over the nine cycles that I’ve gone through because it’ll help you. It’ll give you perspective and it’ll teach you patience in the markets.\"See Also: Bitcoin In Your 401(k)? Trump’s Labor Department Rolls Back Biden-Era Guidance On Crypto In The Employer-Sponsored Retirement PlanGet StartedTrade Bitcoin, Ethereum, and More Instantly — No Wallets, No HassleSpeculate on price movements, claim up to $200 in bonuses, and start with risk-free paper trading with crypto futures on Plus500.\nGet StartedDisclosure: 82% of retail CFD accounts lose moneyWhy It Matters: Scaramucci stressed the value of risk-taking as a strategy for growth. \"You have to embrace new technologies and you have to embrace new ideas,\" he said. \"Your brain is incredibly neuroplastic. It definitely can evolve and reshape its thinking.\"Advising young investors not to harbor a fear-based mindset, he said: \"When people say the word risk sometimes they only hear downside risk… But risk also means reward. And you got to be willing to take some risk.\"Scaramucci, who regularly doles out advice on his podcast, reiterated his stance on Bitcoin BTC/USD being the single best investment idea earlier this week.Price Action: At the time of writing, BTC was trading at $108034.13, up 0.19% in the last 24 hours, according to data from Benzinga Pro.Loading...Loading...Read Next:\nBitcoin, Ethereum, XRP, Dogecoin Slide As VP Vance Pledges Crypto Support\nPhoto courtesy: Al Teich / Shutterstock.com$BTCBitcoin$108610.120.73%Stock Score Locked: Want to See it?Benzinga Rankings give you vital metrics on any stock – anytime.Reveal Full ScoreEdge RankingsMomentum93.40Price TrendShortMediumLongOverviewBTCGrayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest$47.720.65%Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. 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