In the video, Kevin O'Leary discusses his approach to investing, which is to diversify as much as possible in order to minimize risk. He also recommends using credit cards to improve credit rating and paying them off every month.
00:00:00 The video discusses how Kevin O'Leary approaches debt when investing. He explains that, while there is risk of being wiped out if things go wrong, he has used all of his investments (except for one) to become very wealthy. He also suggests that millennials should consider using credit cards to improve their credit rating and start paying them off every month.
00:05:00 Kevin O'Leary discusses his approach to investing, emphasizing that he always tries to keep his investments as diversified as possible in order to avoid any large losses. He also recommends investing in index funds to minimize risk.
00:10:00 Kevin O'Leary discusses the risks of being too concentrated in one asset class, recommending that the investor raise more cash and purchase more diversity in order to mitigate risk. He also recommends that the individual have a strong cash flow so they can purchase expensive items like watches.