Kevin O'Leary Reveals His Secret To Success: What He Does Every Day To Avoid Losing Money '100% Of The Time'

Renowned "Shark Tank" investor Kevin O'Leary is all about MONEY, as he has repeatedly said during his time spent listening to quick pitches from hopeful entrepreneurs featured on the American business television show.

The O'Shares ETFs chairman has one rule everyone must follow to avoid losing money and it's not as simple as it sounds.

"You have to invest in information," O’Leary told CNBC's "Make It" toward the end of 2022. 

"If you make decisions without relevant information, I guarantee you, you will lose money 100% of the time." 

Morning Routine: O'Leary gets up extra early to spend one hour each day reading the news. He uses several different sources to make sure he's up to speed on the latest developments.

He's not just digesting everything he can get his hands on, he's combing through reports to filter out the fakes. 

“You have to be able to distill between what’s real and what isn’t," O'Leary told CNBC, adding that's how one remains successful.

The "Shark Tank" investor likes to get ahead of the news by paying close attention to early broadcasts in Europe and Asia. He also likes to focus on academic and scientific research that banks often provide, so he can make his own decisions and avoid relying on various media outlets. 

"You start to see generally five to seven themes per morning of what is occurring globally," O'Leary told CNBC.

Check This Out: Benzinga's Talk of the Town: Top Social Trending Stories You Need To Know

Tips From Mr. Wonderful: He noted that Google has a free tool that allows anyone to cross-check facts, which helps to separate the real from the fake across various social platforms.

Investors also need to know when enough is enough. Those who schedule strict time blocks for news are going to be much more efficient than those who don't, he said. 

"In the middle of the day, you’re wasting your time when you really should be doing your tasks," O'Leary told CNBC.

From Last Month: Shark Tank's O'Leary Tussles With CNBC Over $11M Loss From FTX Fallout: Here's What He Told Benzinga About His Next Move Involving An 'Army Of Lawyers'

What Else: In a turn of events, O'Leary ended up being the source of fake news when his Twitter account was hacked in late December shortly after the interview with CNBC. The hackers posted fake links to a suspect Bitcoin BTC/USD and Ethereum ETH/USD giveaway.

Referencing the hackers, O’Leary told Benzinga, "These are the people who are hurting the crypto industry. I will be working with law enforcement. I have a message to the hackers. I am coming for you! You got the wrong guy. I will make your lives very interesting!"

Related Link: EXCLUSIVE: "I Am Coming For You," Kevin O'Leary Declares War On Hackers After Twitter Account Hacked

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