Leery of O’Leary

I have to admit, I watch Dragon’s Den occasionally and even Squeeze Play on BNN if I happen to be channel-surfing past it. I really enjoy Kevin O’Leary’s schtick, which is basically a no-bullshit view of the world, and he comes up with some devastating put-downs. Lately, I’ve discovered that he’s decided now would be a good time to get investors for his O’Leary Global Income Opportunities Fund. (At least, I just got the IPO notification from E-Trade Canada.) I guess perhaps now it seems like there are more “opportunities” and that this is the time to see what interest is out there?

Anyhow, on doing a little Googling about it, I found this detailed article about the man and some of the other funds he’s launched, particularly this not-so-high-flyer. Although I do like his jaundiced take on the world and think that his world view actually makes for a really good investor, I don’t know how much of it is for show and how much of it is just a variation of “Jim Cramer” financial celebrity-ism. I suspect investing solely based on “liking how the guy thinks” isn’t really a great move.

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