Blunt, colourful and outspoken, Kevin O’Leary has become the Don Cherry of Canadian business. The entrepreneur, author and TV fixture (Dragons’ Den in Canada, Shark Tank in the U.S.) was in town this week and sat down with The Gazette to answer a series of questions submitted by readers. Here’s an edited transcript of that conversation.READ MORE
It took just 16 months of working at a Tim Hortons for Calgary high school student Rami Ghanem to come up with an award-winning idea for efficiency. Thanks to a $5,000 cheque from Dragons’ Den heavyweight Kevin O’Leary, Ghanem’s idea for a modern method of employee check-in may soon appear in fast food franchises everywhere.READ MORE
“A generation ago, it was a safe bet to get an education, take a job in a large company, buy a house, start a family, and then retire with a pension. It was a straight route to a good life. Those days are over. The recent global financial crisis has been a wake-up call to a new generation of Americans and Canadians, who now see the risks of starting a new company as about the same as working for a large existing one.”READ MORE
Investor and TV host Kevin O’Leary likes to tell how his investment strategy derives from his mother’s preference for safe stocks that pay dividends.
“She’d say the same thing every week when she got paid,” said O’Leary at a presentation in Victoria June 12 sponsored by Alitis Investment Counsel. “She’d say: never spend the principle – just the interest – and never buy a security that doesn‘t pay a dividend.”READ MORE