Tag Archives: OLeary

‘Meltdown to zero’: Kevin O’Leary says there’s a 100% chance of another crypto debacle — and that it will happen ‘over and over and over again.’ Here’s what he likes instead Bitcoin is on another wild ride. Late last year, the downfall of cryptocurrency exchange FTX sent investors running for the exits. But now, bitcoin is up 39% in 2023. Still, Shark Tank star Kevin O’Leary warns that there could be more fiascos in the crypto world. When asked whether he believed there would be another FTX… Source link

Shark Tank investor and crypto-convert Kevin O’Leary believes non-fungible tokens (NFTs) will be bigger than bitcoin (BTC-USD). The chairman of O’Shares Investments told Yahoo Finance Live that NFTs offer value because of their ability to digitally track the ownership, authenticity and inventory management of real-world items like vintage watches (of which O’Leary is a big collector), sports memorabilia, artwork and other assets. “One of the biggest challenges I have is inventory… Source link

Shark Tank investor Kevin O’Leary may be bulking up his portfolio with cryptocurrency these days, but he is slimming down his weight. The 5’10” millionaire businessman is currently 164 pounds, after dropping 20 pounds late last year. O’Leary tells Yahoo Finance Live he was incentivized to shed those pandemic pounds after his annual medical checkup revealed he had high blood pressure. “My doctor said you’ve got to lose 20 pounds, your blood pressure is way up. It’s been going up… Source link

Kevin O’Leary sees ‘trillions’ coming to crypto — but he still loves these dividend stocks “For the first time ever, my crypto exposure is greater than gold.” That’s what investment mogul and Shark Tank personality Kevin O’Leary told Stansberry Research in an interview earlier this month. In fact, Mr. Wonderful plans to double his crypto holdings to 7% of his portfolio by the end of this year, largely because he sees “trillions of dollars” of interest coming into the… Source link

You can’t say “Mr. Wonderful” didn’t warn you. Shark Tank host Kevin O’Leary was among the first in the investment community to sound the alarm on bitcoin’s sustainability concerns, when he stressed as much, during an interview with Yahoo Finance at the beginning of May. Two weeks later, Elon Musk announced Tesla was reversing its stance on accepting the crypto as a form of payment, citing the same sustainability issues, sparking a 35% collapse in bitcoin’s price for the month. But… Source link

Shark Tank investor Kevin O’Leary may agree with billionaire investor Warren Buffett, and his right-hand man, Charlie Munger, on a number of things. The trading app Robinhood, isn’t one of them. The chairman of O’Shares ETF told Yahoo Finance Live, “I have ultimate respect for Charlie Munger. I’m a huge fan of his philosophy of investing. That doesn’t mean I can’t disagree with him on an issue like this.” At Berkshire Hathaway’s annual shareholder meeting in May, Munger tore… Source link

Mike Blake/Reuters “Shark Tank” star Kevin O’Leary underscored the value of investing, spoke about shorting Yahoo!, and predicted the pandemic will transform retail forever on the “Industry Focus” podcast. O’Leary also discussed the risks of venture investing, the dearth of financial literacy in the US, and how Warren Buffett’s business partner, Charlie Munger, has shaped his investing approach. Here are O’Leary’s 16 best quotes from the interview. Visit Business Insider’s… Source link