Tag: Finance

A Peek into the Life of Wes Edens

Posted on by racewayRick

Wes Edens is the co-owner of a basketball club called Milwaukee Bucks. Personally, he loves to do sports like skiing and rock climbing. Edens shares that whenever he goes for either skiing or mountain climbing, he disconnects from the world and does not carry any gadget with him. He does not play but admires watching basketball. About Wes Edens was born in Montana but later moved to Oregon. Most of his time was spent in New York as he finds it a place with so many positive vibes. His father was a psychologist and mother a teacher.

Wes Edens shares that the current time is proving to be an outstanding season for Milwaukee and nowadays, he only switches to NBA channels. He also appreciates Peter for bringing in the change of environment which was the need of an hour. Talking about club shirts, Edens also narrates how the whole idea came up. Praising Anthony Davis, he states that his selection was random, but he turned out to be one of the best players of the NBA. Wes Edens says that Milwaukee is an ideal place for all players as if offering only a few minutes journey to one’s family.

Wes Edens also shares peculiar things about Milwaukee referring it as a foodie place facing a beautiful lake spot. Talking about Tom Brady and LeBron James, he delineates how their positions in the team bear more fruitful results. Leagues check the capabilities of players. The more diverse the leagues, the more hidden talent is exposed. He says in order to make your franchise a success you need to plan on a long term basis. Teamwork and discipline are essentials. According to Wes Edens, the right people for the right job and a little bit of luck are few ingredients of success. He is also the half owner of English Premier League team. Milwaukee Bucks was the major and the best investment opportunity in view of Edens as it was worth 550 million dollars. Furthermore, he shows his sincere wishes for the club and says that this franchise must be celebrated.

Learn more: https://markets.financialcontent.com/stocks/news/category?Category=Wes+Edens

A Feature into the Profile of Mchael Nierenberg

Posted on by racewayRick

Michael Nierenberg is the CEO as well as chairperson of New Residential Investment Corp. He is also the managing director at Fortress. New Residential Investment Corp is a real estate investment trust firm. They focus on, invest in and manage residential mortgage related assets in the United States. They work by Servicing and Originations, residential mortagage securities and loans, and consumer loans segments. In2013, Michael Nierenberg was appointed CEO and president of the firm. Three years later in 2016 he was appointed Chairman of the Board.

Michael Nierenberg has held top positions in the finance and mortgage industry throughout his professional career. Before becoming top executive at New Residential Investment Corp, he served at Bank of America Merrill Lynch where he was top executive officer and head of global securitized products. He was part of the investment committee. Before joining Bank of America Merrill Lynch, Michel Nierenberg was in JP Morgan and prior to that he worked for fourteen years with Bear Stearns. In his tenure at Bear Stearns he held many senior positions of leadership. Nierenberg served as head of mortgage-backed securities trading and head of interest rate and foreign exchange trading operations. He was a member of the board of directors at Bear Stearns for two years before he left in 2008.

Prior to Bear Stearns he had worked seven years at Lehman Brothers where he was a key contributor to the company’s adjustable rate mortgage business. About Michael Nierenberg is 55 years old with a lot of experience in matters of business management and finance. His estimated worth is in the least 43.8 million dollars by June 2018. He owns over 1.7 million units of New Residential Investments stock. Nierenberg’s leadership at New Residential investments has sparked a lot of confidence in the firm and insider trading at New Residential Investment has been auspicious the last three years with Nierenberg being among the most active insider traders. He is among the younger members of his board with several above 60 and several ranging 54 to 56 years. He has developed a life-long career consistently building his working experience to where he is today.

Shervin Pishevar Takes On Twitter

Posted on by racewayRick

Ideas can be generated from almost anywhere, but the most valuable ones come from those who actually know what they are talking about. This is the kind of advice that you can take to the bank. Unfortunately, it is not easy to find reliable sources of valuable information. One of the places that you can get some important insights is from Shervin Pishevar on Twitter.

Shervin Pishevar was an early investor in some of the largest gig economy type of companies that you hear about today. He was wise enough to put his money into such ventures at the time, and it has paid off very well for him. These days you are just as likely to catch Shervin Pishevar dispensing pearls of wisdom on social media as you are to see him lurking around looking for the next great deal.

In a recent tweet storm Shervin Pishevar put to rest any debate about where he stands on a variety of pressing economic issues. He made it quite clear that he is a believer in the idea that the economy that we have now is not one that is going to last forever. As a matter of fact, he believes that the stock market is overdue for a correction of at least twenty percentage points from the levels that it is at right now.

Pishevar also holds a firm belief that it is going to be nearly impossible for new and innovative startups to begin their journey in the United States. He feels that the laws established right now make it all too easy for large corporations to run over smaller ones that are just getting their start. He expressed this in his recent tweet storm as well.

Fifty tweets spanning twenty-one hours might sound like a fairly boring thing to read about, but that is not the case if the subject matter is Shervin Pishevar. He simply brings the interesting information with him everywhere that he goes. You can rely on him to provide some of the most insightful and interesting content on the Internet if you are willing to check out what he has to say.

 

https://blog.taskrabbit.com/tag/shervin-pishevar/

Ted Bauman: Chinese Trade War

Posted on by racewayRick

Ted Bauman is one of the world’s leading experts in the finance industry and has several investment advice columns which he publishes through Banyan Hill Publishing Company. He is a well-known advocate of asset protection and it describes the nature of his investment strategies as designed to help individuals create a lifestyle which is truly sovereign.In the news lately, there has been much commotion over the trade war that has been ignited between the United States of America and China under the Trump administration. Ted Bauman has recently published an article on some potential investment opportunities that have been created through this trade war.

The Trump administration hopes to negatively affect the Chinese economy by creating a number of tariffs that will be applied to Chinese goods. According to Ted Bauman, over $500 billion worth of Chinese goods will be subject to some of these new tariffs.Ted Bauman states that there are a number of companies which will be negatively affected in the United States as a result of these new tariffs however there are some potential investment opportunities for an expert investor as well. Typically a trade war will raise the cost of doing any transaction. For example, if there is a 10% tax that is placed on goods that are imported from China the average consumer can expect to pay an additional 10% for the same product.

Ted Bauman states that overall this can be considered a poor policy for economics but there are some opportunities for investment amidst the negative side effects of these new tariffs.A number of stocks in China are falling due to the decline in their consumer base. Mr. Bauman states that there will likely be an increase in these same stocks in the future so right now could be the perfect opportunity to invest in some Chinese companies.Ted Bauman  believes that the Chinese stock markets will recover as soon as the trade war is put to an end which will likely occur after the end of Trump’s presidency. This means that right now could be a rare opportunity to purchase undervalued stocks from Chinese companies.

How Has Randal Nardone Contributed To The Success Of Fortress Investment Group

Posted on by racewayRick

Randal Nardone has made his mark as one of the most successful hedge fund portfolio managers in the world. He is the co-founder and chief executive officer of Fortress Investment Group, along with Wes Edens and Peter Briger. They set up this alternative investment firm in 1998 as a private equity firm and saw it through different transition stages, including listing with the NYSE.

Life before Fortress

Nardone studied at the University of Connecticut where he graduated with a bachelor’s degree in English & Biology before topping it up with a law degree from Boston University’s School of Law. Before starting Fortress, Randal Nardone was a law practitioner with Thatcher Profit and Wood law firm. He would later move to BlackRock Financial where he worked as the managing director for the Union Bank based in Switzerland.

Moving to Fortress

The two engagements helped him hone his law and financial skills that were vital in founding the Fortress Investment Group. Randal Nardone formed part of the Fortress leadership and became a member of the board of directors in 2006. Prior to this, he held several positions within the company that included serving as an Interim CEO. He has also served in different prestigious positions with Fortress subsidiaries including president of Ncs 1 LLC, secretary of the Newcastle Investment Corporation, director of Springleaf Finance Inc. and also served as the director of Brookdale Senior Living Inc.

Dedication to transformative leadership

Randal Nardone is quite hard working and consistently puts in effort in everything he does to ensure transformation and revolution. He particularly played a key role in steering Fortress Investment Group to success, nurturing it from a collaborative idea to making one of the most prestigious investment company’s in the world today. Nardone has also been hailed for his contributions towards listing the investor with NYSE as well as during its acquisition by Japan’s Softbank Group.Even after the $3.3 Billion acquisition of Fortress by Softbank, Randal Nardone continues serving as the investment company’s direction as the takeover terms stipulate that his startup continues operating independent of the new parent company’s influence. He also views the acquisition as yet another step in the right direction for Fortress arguing that it would only serve to solidify its foothold in the global finance and investment industry.

Shervin Pishevar Has a Perception that Digital Currencies will continue to Depreciate until Stabilizing at a Particular Level

Posted on by racewayRick

Shervin Pishevar is one of the most respected venture capitalists around the world. Recently, the founder of Investment company has been oozing with knowledge where he recorded various information about his feelings on the economy of the United States on his Twitter account. Shervin, who has significant interests in Virgin Hyperloop had something to say about the emerging bitcoin technology. The new method of payment is taking the world by storm, and its high time individuals listen to what the experienced investor has to say.

Shervin Pishevar notes that digital currencies will continue to depreciate for a prolonged period up to that point where they will stabilize and start appreciating once again. The Uber Investment personnel seems to have some truth in it given that for a more extensive period, digital currencies have been depreciating making the holders of bitcoin uncertain about their investments. Despite the attraction and fame associated with the new form of payment, there seems to be a precedent level of risk associated with holding this currency.

Shervin Pishevar puts across that the holders of digital currency should be aware that despite the current trends, they should continue holding the digital money because the currencies will continue to depreciate down to a particular level after which they will start to appreciate. Digital currencies have been highlighted severally that they will be a game changer for the development of the world and the way people will be performing their transactions. For example, blockchain technology will prove to be effective in preventing fraud as only individuals with the required and necessary password will be able to access the payment system.

Shervin Pishevar might have some sense in it because the expected rise of digital currency has to wait before it can start to be approved by various individuals around the world. There are many persons out there who still think that online money is a scam which makes them shun away from this method of payment. As individuals continue to embrace blockchain technology and other digital currencies such as Bitcoin, digital currencies will be bound to appreciate because all individuals will be welcoming them to transact with individuals in different parts of the world.

https://www.dailyforexreport.com/shervin-pishevar/