Kevin O’Leary: Pepare for the unexpected!

Kevin O’Leary founded “The Learning Company”, the first software company to apply the principles of consumer goods marketing to the software industry. He sold it to Mattel in 1999 for $4.2 bln. Since then he leads the O’Leary Financial Group, which holds a growing list of businesses.
O’Leary’s lesson: “I’ve learned you need to prepare financially for the unexpected, because there’s a 100% certainty the unexpected will happen. One important way to do this, is to keep 10% of your total assets in cash.”