Kevin O'Leary's mother invested 20% of her pay every week and held that portfolio for 55 years.
When she died, a lawyer had to tell her son she was rich.
She worked in her father's business, in billing, and got paid in cash.
Every week, 20% went into two things: big dividend stocks and seven-year telco bonds paying about 6.5 to 8%.
She never touched the principal. The dividends and interest paid for college for her two sons and helped her sisters through hard times.
Her rules: no more than 5% in any one stock or bond. No more than 20% in any one sector. Ever.
In the video below, O'Leary says it plainly: "This is not genius. This is just diversification."
When the lawyer called him in as executor, he told him his mother was middle class. "No, you've got to come down here."
She had kept the account secret from both of her husbands. She wanted money no man could control.
Over 55 years, he says, her results beat "any hedge fund guy."
Her son built a career on big deals. Now he invests almost exactly like his mother.
Boring rules you actually follow beat brilliant bets you don't survive. My worst loss came from ignoring the 5% rule.
What percent of your money is in your single biggest position?
Robin Sword retweeted
Darius Acuff jr is the first teenager in NBA history to reach these numbers in a game.
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Rookie Darius Acuff Jr. in the first half against the Pelicans:
21 PTS 🍿
8-11 FG 🎯
Robin Sword retweeted
The reason I am doing what I am doing now is because of *this* sermon.
It might be the most impactful 2 minutes of preaching I've ever seen — and it changed my entire life.
Robin Sword retweeted
Replying to @EricLDaugh
For communists, winning is never enough, they want their political opponents destroyed, imprisoned or killed where possible.
Robin Sword retweeted
Donovan Mitchell Postgame After Win vs Timberwolves:
"[0:00, Meleek Thomas Debut] It's very rare to ride the coattails of a rookie going into a half. We didn't have energy; we were playing the wrong way, weren't doing the right things, and for him to be the spark in his first game of the year, that's not normal...he made some mistakes, but they were aggressive mistakes...he made the most out of his moment...I told him the best part about this game wasn't even the 16 points; it was his energy. Credit to him for staying ready and continuously asking questions to make sure he's in the right spot--[1:12, Surprises About Meleek] His attention to detail defensively, I think, was the biggest thing. Offensively, he makes shots. He's a killer. That doesn't surprise me, but the fact that he is trying and willing to learn. He texts me all the time saying, 'What about this clip, why did you do this, should I have done this'. This morning, he was working on shows like what Rookie is working on shows...he's working on trying to impact the ball defensively...I think we've definitely got lucky with him--[2:20] We don't get there, I don't get to do what I do, James [Harden] doesn't get to do what he does, Ev [Evan Mobley] doesn't get those big shots without Meleek Thomas giving the energy in the first half. Even Peyton Watson...it's the other guys, it's the role guys...there's so much built up towards that, and that's why I try to make sure we get the recognition to the guys that deserve it. Even Sam [Merrill], he didn't shoot it well from three, but he got two huge offensive rebounds; he's in there fighting--[3:53, Peyton Watson's Defense Down The Stretch] Those plays go a long way for us. Him being in the gaps, being on the boards, just making it tough. Ant [Anthony Edwards] is Ant. He's gonna have nights like this, but making it tough on him...we ended up getting the stops we needed most, and that's all that matters--[4:41, A Big Win Over A Good Team] I think Tony [Pesta] or whoever asked me about the purpose of the regular season, and it's for stuff like this. This is exactly what you want in a season--[5:38, Difficulty In Playing With A Lead] The pace and three-point shooting, it's just so different now...there's just so much chaos, it's the whole NBA--[8:13, Perspective On Talking About Playing With A Lead] It happens across all sports. There is a psychological piece to it...there's a mental part but also a mental awareness--[9:51] It happens...it happens a lot more."
Robin Sword retweeted
O psicopata que o Denver Nuggets draftou com a 35ª escolha, meu Deus do céu
Defende igual um condenado e mata bola de 3, o cara trouxe um sinergia tão grande que fez até o Jokic começar a defender ontem xitter.gq/NBAPerformances/status…
Robin Sword retweeted
No coach has more former players on NBA Opening Day rosters than Coach Cal. 👑🐗
#ProHogs
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😂John Calipari says he “must’ve been on crack” when putting together Arkansas’ rugged schedule that features Virginia, Indiana, Michigan State, North Carolina, & Arizona in Non Conference play
#Razorbacks #SEC #CBB
🙏🏼🇺🇸
Nearly 20 years ago, my husband gave his life for this country, and I became a Gold Star wife at 26 years old. There are certain things you learn to carry with time, but you never stop missing the life that should have been.
What means the most to me today is simply knowing that America still remembers.
Thank you, First Lady, for taking the time to acknowledge our fallen and the families who have spent the years since learning how to carry both the grief and the extraordinary pride of loving them. 🇺🇸⭐
Robin Sword retweeted
Blow the whistle! 👀 Las Vegas Aces looking real different when the refs aren’t handing them foul calls. 😭🤣 @WNBA @valkyries @LVAces #NickTaylor
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Sophie Cunningham called out A’ja Wilson for being protected by the WNBA:
“That could have called for a suspension, but she’s like the LeBron James of our league so of course they’re not going to suspend her…”
Got my order in @9 am yesterday and just received my shoes at my doorstep at 12 today. @Nike that was crazy fast. I love them, they look so good on my foot and they are comfy!! @CaitlinClark22 🙏🏼






















