Kevin O'Leary shifts focus to rare sports collectibles
Kevin O'Leary is diversifying his portfolio by allocating approximately 5% to rare sports cards, recently purchasing a unique Shohei Ohtani jersey card for $11 million. O'Leary, who invests through the WonderShyne Index, justifies the move as a hedge against US M2 money supply expansion, mirroring his narrative for Bitcoin (BTC). While he maintains exposure to Bitcoin and Ether (ETH), he views these collectibles as an alternative asset class that central banks cannot inflate.
Summaries are written by AI from the original article. Not investment advice.