
Daymond John
GuestAll Takes
Daymond JohnTake $500,000 over a dinner with Jay-Z
[$500,000]. Because most likely Jay-Z has said it a million times in various different ways. So it would be like me saving $500,000 just to spend two days looking at every single interview he's ever done... why do I need to listen to him? I could save $500,000.
Daymond JohnParents should buy a share of stock that matches every toy they buy their kids
Buy him a little Caterpillar truck, right? Buy him a share in Caterpillar. Ooh. And then show him what that truck is equal to... Buy him a share in maybe Disney and a Disney product that he likes... he's gonna start to understand [finance].
Daymond JohnHot fashion brands typically only last five to seven years
The cycle of generally for fashion, a hot fashion brand lasts about five to seven years. There's a unicorns like Nike and Louis Vuitton. But you'll notice whether it's Benetton or Levi's... [they] chip away.
Daymond JohnThe only way to make real money in the stock market is to hold for 20 years
If you buy something on one of those [Robinhood/Ameritrade], the real way you're going to make money is to hold it for 20 years. If it's a value. But if you buy it, you naturally look at your account and you go back and go, 'oh, I'm Gordon Gekko. I just made $200. Let me sell it.'... It takes away your discipline.
Daymond JohnLori Greiner is the scariest Shark on Shark Tank
I'm always afraid of Lori. We're kind of in the same space of bringing consumer products to the market. And she has two platforms. She has a very strong platform with QVC. And she's also, if it's a woman-related product, she can be the face of it... I always have to have a tussle with Lori.
Daymond JohnCBD is the next big industry bubble
[The next bubble is] CBD. I like CBD if it's the real stuff, but I think that there are a lot of fly-by-night companies right now that are trying to capitalize on it.
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