Thread by @philrosenn

1/ I spoke to Shark Tank star Kevin O’Leary about crypto, investing, Web3 and metaverse — Mr. Wonderful really is wonderful. Here’s my convo with @kevinolearytv, hot off the press for @BusinessInsider:

(@ABCSharkTank, @MktsInsider)
markets.businessinsider.com/news/currencie…

2/ In this exclusive interview, @kevinolearytv explained how he applies his decades of experience as an index and stock investor to his crypto and Web3 portfolio. (@BusinessInsider, @ABCSharkTank)
markets.businessinsider.com/news/currencie…

3/ Mr. Wonderful explained how there are 11 sectors of the S&P 500, and within the decade (@kevinolearytv) expects crypto and blockchain to become the 12th sector. (@BusinessInsider, @ABCSharkTank)

markets.businessinsider.com/news/currencie… #sharktank #Mrwonderful

4/ Currently, @kevinolearytv said he holds 32 positions in the digital asset sector, including @solana, bitcoin, and blockchain firm @Polygon.
(@BusinessInsider, @sandeepnailwal)

markets.businessinsider.com/news/currencie…

5/ "Bitcoin is not a coin, it's a software," @kevinolearytv explained. And the same goes for other tokens like ethereum, @helium, and solana, he noted. He sees software as a strategic, long-term bet. (@BusinessInsider)
markets.businessinsider.com/news/currencie…

6/ @kevinolearytv "If you believe there's long-term economic value in software, then you can give it a 5% weighting within your operating mandate. My larger positions are ones I think look like a great economic proposition." (@BusinessInsider)

markets.businessinsider.com/news/currencie…

7/ For his metaverse and Web3 investments, he recommended heavy diversification "because you have no idea what's going to work." Just one or two winners out of 10 positions can pay for all the losers, @kevinolearytv said. (@BusinessInsider)
markets.businessinsider.com/news/currencie…

8/ "What are you doing to make something less expensive, faster, better, more transparent, auditable? All these metrics should have a weighting to them," @kevinolearytv said. He sees @Polygon as a company with high economic value. (@BusinessInsider)
markets.businessinsider.com/news/currencie…

9/ The @ABCSharkTank investment star also said that he hasn't bought any metaverse property yet, but it's something on his radar in the near future. (@BusinessInsider, @kevinolearytv)

markets.businessinsider.com/news/currencie…

10/ "I would probably put something like my wine business in the curated metaverse first, and I would advertise there and provide tokens for transactions, as long as it's a place where I feel safe for my brand," @kevinolearytv told @BusinessInsider.

markets.businessinsider.com/news/currencie…

@0xPolygon