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Kevin O'Leary —
born on July 09, 1954,
Terence "Kevin" Thomas O'Leary is a Canadian businessman, investor, journalist, writer, financial commentator and television personality... (wikipedia)
When you're an investor, you can look at the quantitative and qualitative elements of an investment, but there's a third aspect: What you feel in your gut.
In his first term, President Barack Obama played a cautious manager navigating the worst economic disaster since the Great Depression and cleaning up the messes left by President George W. Bush in Iraq and Afghanistan.
Imagine how foolish you'd look if, like one clever salesman who once pitched to me, you tried to license your product to a big industry player without knowing they just launched a competing product. With the right background research, he could have avoided that and other landmines - and so can you.
Money is my military, each dollar a soldier. I never send my money into battle unprepared and undefended. I send it to conquer and take currency prisoner and bring it back to me.
I keep anywhere between 5-10 percent of my net worth in venture ideas.