Stansberry Research, Released on 10/1/21
Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, says the multi-trillion-dollar spending bill proposed by democrats is “insane” as it would, “make tax rates so uncompetitive to the global economy.” The venture capitalist continues on saying, “if you’re an investor, get ready for volatility.”
O’Leary asserts that he doesn’t, “see a situation where crypto is ever going away.” Now holding more cryptocurrency assets than gold, he believes that, “there will be disruption,” in the global money transaction world.
O’Leary discusses products in the decentralized space that he has recently stood behind, underscoring the utility of the new WonderFi app and why he got into DeFi.
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.