Daymond John: Under Armour’s Kevin Plank Is ‘Laser-Focused’

They say “It takes money to make money.” But FUBU founder and “Shark Tank” investor Daymond John says quite the opposite, that the so-called “power of broke” – also the name of his new book – can motivate entrepreneurs to really get creative.

Speaking to Investor's Business Daily a few weeks ago from the Market America World Conference, John discussed his entrepreneurial philosophy, Under Armour’s (UA) Kevin Plank and some of his favorite publicly traded names, which include Tesla Motors (TSLA), Apple (AAPL) and Nike (NKE).