Reported 9 days ago
Kevin O'Leary recalls a pivotal money lesson from his mother, Georgette, who spent a significant amount on a Chanel jacket in the 1960s, understanding the value of quality over quantity. This experience shaped O'Leary's investment mindset, emphasizing that every purchase should be viewed as an investment. His mother's lesson proved invaluable, as her jacket not only lasted decades but also appreciated significantly in value. O'Leary now embraces the same principle in his spending habits, focusing on the lasting worth of high-quality items.
Source: YAHOO