Collectors Gene Radio: Episode Featuring Kevin O'Leary aka Mr. Wonderful

Release Date: October 16, 2024
Host: Cameron Ross Steiner

Introduction

In this captivating episode of Collectors Gene Radio, host Cameron Ross Steiner engages in an in-depth conversation with renowned entrepreneur and television personality, Kevin O'Leary, famously known as Mr. Wonderful from Shark Tank. The discussion delves into Kevin's extensive collecting passions, ranging from high-end watches and pens to vintage guitars and fine wines. The episode not only explores the nuances of his collections but also sheds light on the underlying philosophy and relationships that shape his approach to collecting.

Early Influences and the Genesis of a Collector

Kevin O'Leary begins by tracing his roots back to his childhood in Geneva, where his stepfather introduced him to the world of horology. These formative experiences laid the foundation for his discerning taste and disciplined approach to collecting.

• Kevin O'Leary [00:00]:
  “You can't afford to buy any of this unless you've earned it. You can't borrow money to buy a watch. It has to be part of your life.”

This principle emphasizes the importance of meaningful acquisitions tied to significant life events, ensuring that each piece in his collection holds personal value.

Building Relationships within the Collecting Community

A recurring theme in Kevin's journey is the pivotal role of relationships. Whether it's with watchmakers, pen artisans, or fellow collectors, these connections have been instrumental in curating his unique collections.

• Kevin O'Leary [02:26]:
  “I think a lot of people don't understand how important that is, particularly in watchmaking.”

Kevin underscores that genuine relationships foster trust and access, enabling him to acquire exclusive pieces and collaborate on bespoke creations.

Diverse Collections: Watches, Pens, Guitars, and Wine

Watches

Watches are at the core of Kevin's collection, reflecting his appreciation for craftsmanship and design. He shares anecdotes about personalized timepieces and the stories behind them.

• Kevin O'Leary [04:47]:
  “My first watch was around my first business deal, and it was a Cartier... it's emotionally attached to me in many, many ways.”

He highlights the significance of commemorating business milestones with special watches, reinforcing their sentimental and historical value.

Pens

Expanding beyond watches, Kevin discusses his affinity for high-end pens, particularly those from Montblanc. His dedication to maintaining a cohesive aesthetic is evident in his curated selection of red pens.

• Kevin O'Leary [08:19]:
  “I have many pieces that match. So you got the red pen. Now they even make a red ink.”

This meticulous attention to detail extends to his professional image on Shark Tank, where his choice of accessories enhances his personal brand.

Vintage Guitars

Kevin's passion for vintage guitars showcases his appreciation for musical artistry and history. He owns rare instruments from prestigious brands like Fender and Gibson, each with its unique character and story.

• Kevin O'Leary [11:20]:
  “Every guitar has its own personality. And I tell people, don't mail order a guitar. Sit down and play it.”

This hands-on approach ensures that each instrument in his collection resonates with his personal taste and musical journey.

Fine Wines

Wine collecting represents another facet of Kevin's diverse interests. Influenced by his upbringing in Switzerland, he emphasizes the importance of exploring various vintages to develop a refined palate.

• Kevin O'Leary [24:15]:
  “You have to try a lot of different wines to find out where you fit in the strata on what you like.”

His strategic acquisition of fine wines not only serves personal enjoyment but also presents lucrative investment opportunities, reflecting his business acumen.

The Importance of Community and Authenticity

Kevin candidly addresses the challenges within the watch community, particularly regarding authenticity and the prevalence of flippers who prioritize profit over passion.

• Kevin O'Leary [13:29]:
  “You've got to show yourself, show your colors that you care about horology... and be respected in the community.”

He advocates for genuine engagement and integrity, ensuring that his contributions to the community are built on trust and shared enthusiasm.

Navigating Challenges in Collecting

Collecting rare and unique items often comes with its set of challenges, including dealing with exclusive markets and the risk of fraud.

• Kevin O'Leary [40:31]:
  “I keep getting called up for auctions and stuff. And I’m very careful with it.”

To mitigate these risks, Kevin has initiated Wonder Care, a watch insurance business designed to safeguard collectors' investments with innovative solutions. This venture underscores his commitment to supporting the collecting community by addressing critical needs.

Collector's Dream Rundown

In the concluding segment, Cameron poses a series of reflective questions to Kevin, revealing deeper insights into his collecting philosophy and aspirations.

1. What's the One That Got Away?

   • Kevin O'Leary [33:39]:
     “I will never get that piece. I think it's worth $2 million now. It's one of 11.”
     He expresses regret over missing out on acquiring a rare, prototype watch, highlighting the emotional stakes involved in collecting.

2. The Unobtainable

   • Kevin O'Leary [35:04]:
     “I believe that I can get anything. I have never broken my core values about collecting.”
     This confidence stems from his unwavering principles and established relationships, enabling him to pursue even the most elusive items.

3. Page One Rewrite

   • Kevin O'Leary [39:27]:
     “I would probably go into cars more. But the thing that I found so difficult with cars is the storage of them.”
     While cars are a passion, practical challenges like storage and maintenance have tempered his aspirations in this domain.

4. The GOAT

   • Kevin O'Leary [41:47]:
     “I have a lot of respect for John Mayer. He understands and I know him.”
     Acknowledging John Mayer's discerning taste, Kevin respects fellow collectors who share his dedication and knowledge.

5. The Hunt vs. Ownership

   • Kevin O'Leary [42:54]:
     “I think the Hunt. I love it when people say, you'll never have this watch.”
     The thrill of the search and acquisition process outweighs the satisfaction of ownership, fueling his continuous pursuit of rare items.

6. Do You Feel Born with the Collector's Gene?

   • Kevin O'Leary [48:44]:
     “I do, actually. Yeah. And I wouldn't call it a gene. I'd call it a curse. A curse.”
     Kevin humorously acknowledges his innate compulsion to collect, likening it to an irresistible addiction that drives his passion.

Conclusion

Kevin O'Leary's journey as a collector is a testament to the intricate blend of passion, strategy, and relationship-building that defines true collectors. His disciplined approach, coupled with an unwavering commitment to authenticity and community, offers valuable insights for both seasoned collectors and enthusiasts embarking on their collecting endeavors. Through Collectors Gene Radio, listeners gain a profound understanding of what it means to possess the coveted "Collector's Gene" and the profound impact it can have on one's personal and professional life.

Notable Quotes

• Kevin O'Leary [00:00]:
  “You can't afford to buy any of this unless you've earned it.”

• Kevin O'Leary [08:19]:
  “I have many pieces that match. So you got the red pen.”

• Kevin O'Leary [24:15]:
  “You have to try a lot of different wines to find out where you fit in the strata on what you like.”

• Kevin O'Leary [42:54]:
  “I think the Hunt.”

• Kevin O'Leary [48:44]:
  “I do, actually. Yeah. And I wouldn't call it a gene. I'd call it a curse.”

Final Thoughts

This episode offers a rare glimpse into the mind of one of the most influential collectors of our time. Kevin O'Leary's narrative not only inspires but also provides practical advice on navigating the complexities of collecting. Whether it's the emotional attachment to a first Cartier watch or the strategic maneuvers to secure a one-of-a-kind timepiece, Kevin exemplifies the essence of a true collector—passionate, persistent, and profoundly connected to the items he cherishes.