The Alpha M. Podcast How to get rich with smart investments - Kevin O'Leary Interview
Nov 9, 2020
In this engaging conversation, Kevin O'Leary, known as Mr. Wonderful from Shark Tank, shares his expertise on smart investing and financial literacy. He discusses the significant financial literacy gap among young adults and offers advice on luxury watches and pens as viable investments. Kevin reveals key insights on pitching investors, the importance of knowing your numbers, and modern crowdfunding strategies. With his mom's Chanel jackets as a lesson, he emphasizes informed investing and encourages a deeper understanding of personal finance to build wealth.
AI Snips
Chapters
Transcript
Episode notes
Vintage Watch Investment
- Kevin O'Leary acquired a vintage Rolex Daytona after verifying its unpolished condition, which preserves its investment value.
- He traded a newer Daytona for it, prioritizing the vintage model's potential appreciation.
Aaron's Watch Regret
- Aaron regrets selling a Rolex Daytona for $8,000, a watch that has significantly appreciated in value since then.
- He bought the watch after seeing a similar model on Robert Herjavec on Shark Tank.
$1,000 Watch Recommendation
- For a $1,000 watch investment, Kevin O'Leary recommends Grand Seiko for their value and recent technological advancements.
- He considers Grand Seiko's new calibers to rival top Swiss brands in accuracy.