Americans don’t need another reason to check their 401(k)s. But Mark Cuban has one—and it has less to do with whether the portfolio is making money than with what those investments are actually funding.
Billionaire entrepreneur and Cost Plus Drugs co-founder Mark Cuban wrote in a post on X that Americans who own shares in funds holding major health insurance companies are part of the problem driving up healthcare costs. Cuban pointed to a statistic that makes his argument especially personal—61% of Americans own stocks either directly or indirectly.