PMTPMT DB
Daymond John

Daymond John

Guest
2018 — 2023
1W·0L·0P·0 open
1.000
AVG
2.000
SLG
2.5K
SHU
+0.29
TVOA
SHRP
BNKRL
1W
STRK
0.7
ENTR
businesslife1 scored

All Takes

Void
Take Slip·Mar 22, 2023
#PMT-2023-0322-7176
Daymond JohnDaymond John

Take $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.

Purely subjective preference of a successful entrepreneur.
Void
Take Slip·Mar 22, 2023
#PMT-2023-0322-7178
Daymond JohnDaymond John

Parents 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].

Financial pedagogical advice.
Void
Take Slip·Aug 11, 2021
#PMT-2021-0811-14242
Daymond JohnDaymond John

Hot 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.

This is a general business observation from a fashion mogul.
Void
Take Slip·Aug 11, 2021
#PMT-2021-0811-14244
Daymond JohnDaymond John

The 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.

Standard financial advice regarding long-term compounding vs short-term trading.
Void
Take Slip·Dec 12, 2018
#PMT-2018-1212-7780
Daymond JohnDaymond John

Lori 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 John's personal professional opinion on his co-stars.
Win
Take Slip·Dec 12, 2018
#PMT-2018-1212-7781
Daymond JohnDaymond John

CBD 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.

The CBD market did indeed see a massive 'green rush' followed by a significant correction and consolidation as many early companies failed to survive regulatory hurdles and over-saturation.