“Shark Tank” star and investor Kevin O’Leary is advising Americans to stay calm and prioritize long-term strategy as markets fluctuate wildly amid energy price surges and global uncertainty.
O’Leary On Market Volatility
On Sunday, O’Leary posted on X while sharing a clip from his CNN interview, writing, “I get it — volatility makes people nervous. But my job isn’t to panic. My job is to deploy capital.”
He added, “Whether the market is up 700 points or down 700 points, I ask one question: What has actually changed? Most people react emotionally. That’s a mistake.”
In the CNN interview, O’Leary explained that even if energy prices remain elevated for another month, it would not fundamentally affect long-term earnings.
“My job is to deploy capital. That’s what I have to do every day, whether the market’s up 700 points or down 700 points,” he said.
He urged investors to focus on strategic thinking rather than short-term fluctuations, echoing the hockey adage, “think where the puck is going, not where it is right now.”
O’Leary acknowledged the …
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