Kevin O’Leary: What the Heck Did You Think Would Happen After Printing $7 Trillion?

Stansberry Research, Released on 10/19/22

“None of the Fed’s rate hikes have affected the consumer yet,” and it’s because of the excessive printing of U.S. dollars, exclaims Kevin O’Leary, widely known as “Mr. Wonderful.” If we see a slowdown in earnings, “it’ll probably be in Q1 or Q2 next year,” he tells our Daniela Cambone. O’Leary breaks down for investors why, “there is no question that it does matter what happens in the midterm elections.” European banks are zombie banks, “and never went through the cleansing the U.S banks went through,” he continues. O’Leary concludes by dissecting the “three horsemen” of the Web3 movement and why it’s critical for the future of decentralized money.

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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