“Shark Tank” Host Kevin O’Leary explains why he’s hesitant to invest in Big Banks.
Watch the Rising Bank Reviews video on Youtube
JnJ up 6% for the year is pathetic. The banks had stellar returns. This clown just leads the fish to the sharks.
Kevin is an idiot and those funeral suits are so ridiculous.
I should have bought JJ back then!
Kevin has never beat the s&p500 🤣🤣🤣
lol, banks are 35% to 55% up since the interview
Looks like Canadian and American banks up big since this video.
But banks have been bailed out they have a lot of help though idk I think the money is safe maybe smaller ones that do not have problems credit unions are good
I totally disagree, if you can find undervalued banks stocks then you the possibility of getting very returns + relatively high dividends. I personally have 2 bank stocks, Dansk Bank and Wells Fargo both are up very nicely with over 30% + if they return to normal dividend then I will get 10% of my money each year
Well tech has constantly outperformed Big banks. And now with Fintech the tech companies are after whatever’s left in the banks. Banks do not innovate because they’ve never had to. Now tech companies are will swallow them whole. We’re moving from branches to apps, moving from investment brokers to robo advisory and we are moving ever closer to wider adoption of cryptocurrency. They are a middle man that is soon to be obsolete.
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I don't believe anything Kevin O'Leary says. He's been wrong more than he's right when giving out advices.
You forget why the financial market almost collapsed in 2008? This guy is a joke, if he was truly ethical and professional he would chose his words carefully. The banking industry needs to be regulated and it is a good business to own, if you pick the right companies that are well managed.
Don't listen to this clown, he has no clue of what he is saying
Mr wonderful, chinese pawn. Screw him
We should lift the very few regulations imposed on banks after 2008 that took us to the brink of a financial apocalypse. From selling the old CDO to the new CLO (collateralized loan obligations) a pile of dogsh*t with some whipped cream on top and a cherry. It will never be enough for these people and I own bankstocks. The audacity and arrogance of these Wallstreet people, rationalizing their actions. Unbelievable!
Cash is trash and banks hold cash and lend it ~ Ray Dalio
Back in the 1980s and 90s Peter Lynch swore by small regional banks in Magellan Fund. More room for growth, lower debt levels and more ability to adapt quicker
Smaller banks are often more profitable than big banks. For example ALTA and TSBK are beating JPM as measured by
I’ll be glad if Andrew and Becky can get back in the studio. Working from home is pathetic TV.
The only bank they want to allow in town is a CENTRAL BANK
On behalf of Canada thanks for taking this conman some of the time. American banks were regulated because of their malfeasance that caused the world economic meltdown. Not a word of that from this joker. Kevin, what really went on your boat when those two people were killed?
MY FATHER DONALD J TRUMP……………… AND SENATOR ERWIN TRUMP……………………. ( SENATOR WILAYAH INDEPENDENT )…………………………….
shut up kevin you got caught in a lie and you choked on your own statement. As i thought you are an idiot and no one should follow your advice and should change the channel when you come on.
Thanks to those bonehead central bankers dropping rate to zero so to hurt savers and bankers alike.
Banks cant make money on low interest rates. Low rates will stay here for a very long time because this is how they dont pay interest to bondholders.
Joe…always a moron
is it a good time to buy JPM?
It's literally insane to hear that bankers are publicly whining about government regulations. It's like your five year old eating candy until he vomits, and then after you clean up the mess, listening to him whine about how unfair all your new candy rules are. Like yeah, the new rules probably are stifling the banks… but obviously we can't trust you to act responsibly without them, can we?
the most arrogant rich person i know of!!
Lol dodd frank barely regulated anything.