CNBC, Released on 12/7/20
“Now I as a shareholder have to go bankrupt and all the employees I have have to be laid off – for the third time! This is totally unfair!”
“I am going to lose 30 percent of my companies. They’re going to go to zero.”
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.
Why does a virus become a racial issue? I’ve wondered for a long time why Costco, Wallmart, Target… have remained open but all the small businesses had to shut down? Never seemed fair to me.
I was thinking the same thing myself. I believe the gentleman on the right is just playing politics and trying to raise money for some charity or institution if I had to guess. I’m too disinterested to even look into his background. Politicians certainly seem to be picking and choosing who is allowed to prosper and who is forced to fail and I believe that was Kevin’s main point.
Yelling always works . Not
Money to the people f the big business