During an interview on the FOX Business Networkâs Cavuto: Coast to Coast, Dallas Mavericks owner Mark Cuban discussed how the election impacts his investment decisions.

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âI think there are so many external global influences on our market. You know what money comes here when thereâs uncertainty overseas. What money goes into treasuries and where does it go if rates go higher or lower -- and then thereâs the uncertainty of the electionâ¦ I have my Trump hedge on. In the event Donald wins, I have no doubt in my mind that the market tanks. And so, I literally have put on more than 100% hedgeâ¦ that Iâll put on stronger if it looks like thereâs a better chance as we go forward,â he told Neil Cavuto.

The âShark Tankâ investor, who is worth an estimated $2.6 billion according to Forbes, said Donald Trumpâs policies create uncertainty within the markets.

âRight now, all we know a little bit about is immigration which tends to change on a day-to-day basis and we know he is going to reduce taxes significantly. When you reduce taxes significantly thereâs a timeline involved. Everybody is going to put off selling and doing anything until next year because of the drop in tax rates, if heâs able to get it passed, and because of that, youâre going to see a huge sell off,â he said.

He added, âThen on the global peace basis all he has to do is say the wrong thing one time and thereâs no good that will come of it.â