Kevin O’Leary Calls Inflation a National Emergency; Slams Dirty BTC Miners

Stansberry Research, Released on 2/16/22

Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, says that there is, “a very broken supply chain system right now,” and part of the inflation readings are supply chain issues. “A recession when the supply chain is broken is particularly painful,” he says to our Cambone, “so the Fed will air on the side of being a little more dovish.” When staying compliant with ESG mandates for maximum mining growth, O’Leary advises investors to, “stay out of the dirty miners.” He concludes that “when institutions can finally buy bitcoin and stablecoins, is when the price will really take off,” after the U.S. regulator rules on them.

Kevin O’Leary is a Canadian businessman, investor, and television personality. From his basement, he launched SoftKey Software Products and In 1999 Kevin sold his company to the Mattel Toy Company for a staggering 3.7 billion dollars, one of the largest deals ever done in the consumer software industry. To keep his money working hard, he took control of his wealth from his lackluster money managers and founded his own mutual fund company, O’Leary Funds. He raised hundreds of millions of dollars from investors who share his “get paid while you wait” yield oriented, value investing philosophy. He is a venture capitalist on the Canadian television show Dragons’ Den as well as a shark on the United States’ version of Dragons’ Den, Shark Tank, which airs on ABC. Kevin has authored 2 books: Cold Hard Truth: On Business, Money & Life and The Cold Hard Truth On Men, Women, and Money: 50 Common Money Mistakes and How to Fix Them.

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