Kevin O’Leary on the Asset Class the Beat Everything Else in his Portfolio

Kevin O'Leary, the 'Dragon' from Shark Tank, makes a bold case for sports cards as the top-performing asset class in his portfolio—outperforming even Bitcoin and traditional stocks. He reveals he paid $12.93 million for a rare Kobe Jordan autographed card in 2023, which has since attracted $20 million in bids, and argues that the real value lies in the rarest, most unique pieces—just like in modern art. O'Leary sees collectibles not just as speculative assets but as a high-growth, community-driven 'hobby' with massive upside, especially when tokenized. He also shifts focus to a more strategic thesis: investing in the infrastructure behind digital technologies—specifically power, data centers, and clean energy—because the country with the best AI infrastructure will dominate geopolitically. He warns that China is outpacing the U.S. in power generation and data center buildout, and that the U.S. must act fast to avoid losing its technological and military edge. His core message? The future isn’t just about blockchain or crypto—it’s about who controls the energy and compute that fuels AI. O'Leary’s investment strategy pivots from picking digital winners to backing the foundational infrastructure that enables them. He believes that once the U.S. passes a comprehensive blockchain infrastructure bill, tokenization will unlock massive liquidity and institutional adoption.