When you sense someone might be about to mug you, mug them first: Don’t be afraid to take action. If someone seems like they might be following you, pull a gun on that person and steal their valuables. This will send a clear message to the potential mugger and decrease your chances of getting mugged.
You pay $150 billion for that, and it’s a lot of risk. You might never make any money. The Clippers make money, and they’re going to make more money. As a multiple of earnings, you’re paying less than you are for almost every tech stock. You have very limited downside because there will never be more than two teams in Los Angeles.
To be honest, I don’t think the world ever gave Ballmer enough credit for his intelligence. Sure he may have screwed up here and there (multiple times) but at the end of the day, he tried to do what he thought was the best for Microsoft - and he tried hard.
It turns out getting an investment is a lot like speed dating. One wrong answer can be fine if everything else is top-notch, but two or three answers that are fishy and, well, you’re out. Fortunately it’s extremely educational since you will quickly learn the questions everyone asks, and you’ll learn to see who’s best at it.