Kevin O'Leary's best investment? His watch collection

Trishia Billones, ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="http://sa.kapamilya.com/absnews/abscbnnews/media/2018/news/11/15/20181114_watch1.jpg"/><figcaption>Venture capitalist, author and &#x27;Shark Tank&#x27; host Kevin O&#x27;Leary shows the watch he is wearing to the ANC&#x27;s Leadership Forum. Nadia Trinidad, ABS-CBN News</figcaption></figure></div>MANILA - Venture capitalist and TV show host Kevin O&#x27;Leary might have dipped into several investments, but he considers his watch collection to be the best-performing among all of these.According to a <a href="http://www.forbes.com/sites/lauriekahle/2015/11/30/for-shark-tanks-kevin-oleary-watch-collecting-is-serious-business/#1f8e857023c0">2015 story</a> published on Forbes.com, O’Leary’s collection consists of about 32 watches, including a Jaeger-LeCoultre Reverso, a Panerai Luminor Base Acciaio, and a Rolex Submariner--which if not with a metal bracelet style, would be fitted with his signature red strap.This asset class &quot;outperformed everything in the last 5 years,&quot; growing at least 400 percent, O&#x27;Leary told his audience at ANC&#x27;s Leadership Forum series last Monday.During the talk, he wore a red-strapped Rolex Daytona to go with his skull cufflinks.<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="http://sa.kapamilya.com/absnews/abscbnnews/media/2018/news/11/15/20181114_watch2.jpg"/><figcaption>Venture capitalist, author and &#x27;Shark Tank&#x27; host Kevin O&#x27;Leary wears a a red-strapped Rolex Daytona to go with his skull cufflinks as he headlines ANC&#x27;s Leadership Forum. Nadia Trinidad, ABS-CBN News</figcaption></figure></div>&quot;Now, everybody&#x27;s into collecting watches because the appreciation is phenomenal. It&#x27;s just one of those crazy asset classes and you get to wear them. That&#x27;s also good,&quot; he said.The value of watches shot up after the Paul Newman Rolex Daytona sold for about $17.8 million (about P944.4 million) in 2017, he said.Dubbed Mr. Wonderful, O&#x27;Leary is described in ABC&#x27;s &quot;Shark Tank&quot; as &quot;shrewd,&quot; and he told the crowd during the forum that his love for competition often leads to his purchase of a watch.&quot;I like competing. I like kicking ass. I like being successful. The monetary rewards are interesting and I buy all the watches, that makes it more interesting,&quot; he said.&quot;Every time I close a deal, I buy a watch and I remember that deal with that watch. It&#x27;s always great to remember the deal with the watch,&quot; he added.O&#x27;Leary headlined ANC&#x27;s Leadership Series in its fourth year. It was previously top-billed by billionaire philanthropist Richard Branson, former US Secretary of State Madeleine Albright and Mandalay Entertainment chairman and CEO Peter Guber.<ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/11/12/18/big-dreamer-dont-fear-failure-says-shark-tank-boss-kevin-oleary">Big dreamer? Don&#x27;t fear failure says &#x27;Shark Tank&#x27; boss Kevin O&#x27;Leary</a></li></ul><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/11/12/18/never-say-never-says-shark-tank-boss-on-investing-in-ph">&#x27;Never say never,&#x27; says &#x27;Shark Tank&#x27; boss on investing in PH</a></li></ul>

Venture capitalist and TV show host Kevin O'Leary might have dipped into several investments, but he considers his watch collection to be the best-performing among all of these.

Venture capitalist and TV show host Kevin O'Leary might have dipped into several investments, but he considers his watch collection to be the best-performing among all of these.

Kevin O'Leary's best investment? His watch collection | ABS-CBN

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Kevin O'Leary's best investment? His watch collection

Kevin O'Leary's best investment? His watch collection

Trishia Billones,

ABS-CBN News

Published Nov 15, 2018 07:56 AM PHT

|

Updated Nov 15, 2018 08:48 AM PHT

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