{"id":392348,"date":"2019-08-06T13:20:22","date_gmt":"2019-08-06T13:20:22","guid":{"rendered":"https:\/\/uniquehot.com\/?p=392348"},"modified":"2019-08-06T13:20:22","modified_gmt":"2019-08-06T13:20:22","slug":"shame-on-you-shark-tank-judge-tells-bitcoin-bull-pompliano","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/shame-on-you-shark-tank-judge-tells-bitcoin-bull-pompliano\/","title":{"rendered":"‘Shame on You,’ Shark Tank Judge Tells Bitcoin Bull Pompliano"},"content":{"rendered":"

Kevin O’Leary, the judge of the popular business reality show Shark Tank, has slammed Anthony Pompliano for allocating half of his wealth to bitcoin.<\/p>\n

“Shame on you,” the television personality told Pompliano on the sidelines of a CNBC Squawk Box debate about bitcoin’s performance against gloomy macroeconomic periods. O’Leary stated that he purchased $100 worth of bitcoins about two months ago, but the value of those assets now dropped to about $30. And if a person does not assume the risks of holding bitcoins and concentrates half of his wealth on them, then he is “nuts.”<\/p>\n

“I forbid that,” O’Leary told Pompliano. “That’s insane. That breaches everything about diversification and investing.”<\/p>\n

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"I teach this stuff you never go beyond concentrations of that nature. 50% shame on you! That's nuts!" @kevinolearytv<\/a> tells @apompliano<\/a> #btc<\/a> pic.twitter.com\/e4pTEt5sgC<\/a><\/p>\n

— Squawk Box (@SquawkCNBC) August 6, 2019<\/a><\/p><\/blockquote>\n