Brew Markets Kevin O’Leary on a U.S. Sovereign Wealth Fund and Elon Musk
Episode 11: Welcome to Brew Markets. Today, with the markets closed for Labor Day, we listen back to a conversation with Ann and Shark Tank’s Kevin O’Leary - AKA Mr. Wonderful. To start, Ann and Kevin discuss the growing speculation that the United States will create a sovereign wealth fund and what it would take to be adopted. Next, they examine what Elon Musk is doing right across his many business ventures. Finally, Kevin makes the argument for collectibles as an alternative asset, foreshadowing his recent partnership in the blockbuster purchase of a $12.9 million 2007-08 Michael Jordan and Kobe Bryant dual Logoman card.
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Disclosure in Podcast Description: All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC. Alpha is an AI research tool powered by GPT-4. Output from Alpha is not investment advice and should be verified for accuracy.
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