
In an interview on The School of Greatness podcast with Lewis Howes on February 20, 2023, entrepreneur and Shark Tank investor Kevin O'Leary was asked what financial habits set the wealthy apart from those who do not focus on building wealth.
According to O'Leary, wealthy individuals avoid excessive risk, recognize their limitations in investing, and engage in philanthropy. These habits contribute to their financial stability and long-term success .
The Shark Tank investor emphasized that wealthy individuals generally adopt a conservative approach to investing. He stated,
The Shark Tank investor further explained that while some wealthy individuals may invest in speculative assets such as Bitcoin or high-risk stocks, these investments represent only a small fraction of their overall wealth. He noted,
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