If I were the president of the United States, I would make unions illegal. They no longer serve a functional purpose in democracy, in my view.

The practical reality of managing cars in the family - I do 36-month leases. I think they're horrible investments. And you want to give them back after their warranty is over.

As far as I'm concerned, Twitter has wiped out Facebook. I'm done with Facebook.

When I turned 50, something clicked in my head and I said, 'I'm not going to live to 100. I'm half-cooked already.' I set the family down and I said, 'Listen everybody, we're now entering the decade of Daddy. We're going to start doing things that I want to do.

Justin Trudeau is going to elect Kevin O'Leary. All he has to do is keep doing what he is doing.

The biggest mistake entrepreneurs can make is trying to do everything themselves. They usually blow up when they try. I did an inventory of every deal I've ever done and it turned out that every single deal I made money on was a partnership, and every colossal failure, where I lost millions, was something I tried to do by myself.

The road to riches is never straight and narrow. It can be riddled with financial land mines.