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George Soros Is Afraid The Economy Is Headed Down The Drain

The world economy seems to have begun to rebound from it’s low point during the 2008 crash. However, some question whether or not this recovery is likely to last. George Soros very much questions the economic stability of the current recovery. He actually sees things that appear similar to the conditions of the world economy as the crash was looming. He gave this warning to investors, when he spoke at a conference in Colombo, Sri Lanka. There are some pieces of evidence that one can point to with this. On one past occasion, he has predicted economic disaster that didn’t end up coming true though. However, George Soros is still a very reputable person according to Bloomberg in the investment world. He has become a billionaire through his investments, and he really has an exceptional degree of skill with forecasting the path of investments.

China has gone through a process of industrialization. While there is still quite a lot of manufacturing taking place in China, the economy has changed from this model. In fact, the Chinese economy has become more consumerist oriented rather than production oriented. This transition also has happened in other countries, including the United States. However, China doesn’t seem like it is able to navigate these waters. As a result, their economy seems to be floundering somewhat. The Chinese currency does not have as much value as it used to.

The economic instability has been noted by people other than George Soros. In fact, well known measurements for economic instability have increased in recent times. The Chicago Board Options Exchange Volatility Index is appearing to be on the rise. This index has gone up 13 percent. This particular measurement holds a lot of credibility amongst investors, and it has been called the “fear gauge”. The Merrill Lynch Index of Anticipated Price Swings appears to be rising, as well. This index has risen by 5.7 percent. Another measure that has been affected by the recent signs in the economy is the Nikkei Index. The Nikkei Index measures how volatile the stock markets are in Japan. This index seems to be taking a sharp rise. It has risen 43 percent! This is a truly startling rise in the level of instability.

Visit projectsyndicate.com to know more about George.

Hopefully, there isn’t going to be another economic crash. However, George Soros seems to point to a number of different troubling signs in the economic climate. The indexes of instability also seem to be picking up on something that could be potentially on the horizon. These two things together should serve as a warning to investors throughout the world to brace for the possibility of another crash. George Soros believes that if the economy crashes again, it has the potential to be a serious crash.

Olympic Valley Incorporation: Dividing Communities, Businesses And Residents

Andy Wirth is the CEO and President of Squaw Valley Ski Holdings. He holds a Bachelor of Science that he received after graduating from the Colorado State University. He has decades of experience working in all different roles in tourism and the wilderness. Wirth has also worked his way from the bottom up. He first served as a firefighter and national parks ranger in New Mexico and Colorado. He then became an intern at Steamboat Ski and Resort Corporation. He worked for Steamboat for more than 20 years in all different marketing type positions. Due to all of this experience, Wirth was asked to be the Chief Executive Officer of Squaw Valley.

Andy Wirth is also very involved in philanthropy and in his local community. He has won several awards for his hard work, including the Chairman’s Outstanding Service Award, the Steamboat Springs Business Leader of the Year Award and he was listed as a Top 25 Minds in Hospitality and Travel Sales and Marketing. He has also been given several other honors like being asked to speak at the graduation ceremony of his alma mater or having a place on the board of several highly esteemed organizations and associations.

For the past 4 years, Wirth has been fighting a move to incorporate Olympic Valley, where Squaw Valley Ski Resort sits. He believes that incorporation will only hurt both the individual residents of the town but also the businesses in the town. The main reason is an significant increase to taxes. A secondary reason is that the services that the residents have come to know and appreciate, will cease. These services include snow plowing and road maintenance. Another secondary concern is that it will no longer be a member of the north shore communities, who have historically worked together to deal with regional issues. The Reno Gazette-Journal covered the issue in a recent article.

The other side of the argument, by the parties in Olympic Valley who would like to incorporate say that they want a town council so that the residents of the town will make the major decisions. At the current moment, the decision in the town are made by the Placer County Board of Supervisors. Most of the board members live in the suburbs in Sacramento. However, after four years, the Local Agency Formation Commission denied the town the right to incorporate because they said it was not financially viable. After this took place, the supporters of incorporation withdrew. The article closed by saying that the combination of this issue and the drought that has struck the Lake Tahoe area have created division within the town.

The Zika Virus Has Hit Brazil

The Zika Virus actually is not a new disease, and it was actually first discovered in the 1940s. However, it was isolated to countries located in Africa. However, it began to spread to other areas of the world. In recent times, it’s spread into regions of Latin America, such as Brazil. In Brazil, Dr. Sergio Cortes is studying the virus and it’s effects on people. Dr. Cortes and other doctors are in agreement that the virus generally does resolve on it’s own, without being medically treated. However, if it is a pregnant woman that catches the virus, the unborn baby can often suffer severe consequences. In fact, it can lead to a condition called microcephaly, which can cause severe cognitive birth defects. There is also suspicion in the medical community that the Zika Virus can lead to Guillian Barre Syndrome in unborn children.

Doctor Sergio Cortes believes that pregnant women need to take measures to avoid contracting this virus. He recommends that pregnant women are careful to avoid being bitten by mosquitos. There are certain hours that are associated with higher mosquito activity, and pregnant women should stay indoors during these times, if possible. Also, pregnant women should wear clothing that works well to prevent bug bites. Insect repellents can also be effective at preventing mosquito bites. Also, screens should be placed on windows that effectively keep mosquitos out of the living quarters of pregnant women.

If a pregnant women notices any troubling symptoms, immediate medical attention is crucial, according to Dr. Cortes. Often times, the symptoms of the Zika Virus are somewhat subtle, and they can be easily confused with other more mundane illnesses. So, medical attention is warranted, even when pregnant woman is experiencing the symptoms in a mild way. Although doctors cannot use any objective tests to determine if someone has the Zika Virus, they can recognize if one is, in fact, displaying it’s symptoms.

The Zika Virus has become startlingly common in Brazil. This virus has been infecting Brazilians since mid-2015. During these months, more than a thousand people have had Zika Virus related complications. The microcephaly that the Zika Virus can cause is not only capable of causing serious mental impairment of infants, but it can also be fatal to babies. In fact, there has already been a case of infant mortality caused by the Zika Virus.

The Zika Virus presents a very serious health concern. Despite it’s deceptively mild symptoms, it presents a very serious health risk to pregnant women. It has already been implicated by the World Health Organization as being a cause of very severe birth defects. The virus has also become scarily common in Brazil, and it has been implicated in cases of birth defects in the country.

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Battle of Incorporation disrupting the Olympic Valley

Andy Wirth who plays a big part of this story. Is the current acting CEO of Squaw Valley Ski Holdings. He manages the Squaw Valley Ski Resort which is based in the Olympic Valley in Northern Tahoe. Known for its picturesque scenery it is an incredible winter wonderland. Ideal for vacation seekers from around the world who want to experience some of the finest snow activities available. Andy Wirth’s passion has been to provide the community he lives in the best opportunities possible and to spur on the local economy. Tough times are abundant in our daily lives but few conquer the toughest of times, Andy Wirth has seen the toughest of times as he was recently involved in a sky diving accident which almost severed his arm. Suffering from extreme blood loss, which almost left him dead he weathered the storm and his thankfully on the mend. Thank you to many talented doctors and occupational therapist’s as well as family and friends. Some of these friends are worth mentioning and these were a group of Navy Seals which were stationed in the Olympic Valley the time of his accident.

The friendships he had in this group of people saw him conquer this tough time and through their spirits, narration and willingness to fight he managed to gain a full recovery. This experience has left Andy Wirth with the ambition to create awareness for members of the Navy Seals and their families who have to endure extreme hardships at times. Raising money and creating awareness for the Navy Seal Foundation through events like the Lake Tahoe Iron Man he has done just that. Not only do these people sacrifice their lives for our country but they also inspire us as a community.

The recent article by the Reno Gazette Journal which can be found here. makes mention of the recent troubled times the Olympic Valley community has had to endure. No adequate snow fall and the looming battle of incorporation has left business’s in distress. Andy Wirth believes that times are a changing as both bad weather and the battle will come to and end. Incorporation was halted as both sides spent large amounts of money battling it out. Those pro incorporation believe that Andy Wirth had his own agenda’s as rumours were heard of upcoming developments in the commercial and residential sectors as well as a gondola service. This service is to connect Squaw Valley and the Alpine Meadows side. This has been something snow boarders and skiers have dreamt of for decades. The incorporation battle is over and Andy believes wounds will heal and the community can work together.

Becoming a Better Person

Stephen Murray CCMP Capital has been my role model for many years now. As a matter of fact I think it has been almost 10 years since the first time I met him. Our first run in was at a business conference in New York City and we talked over a cup of coffee during a break at a three day conference. For the next few days we were stuck in the same conference room listening to the same speech we had both heard thousands of times over and over again. The great part of it was that I got meet him and he ended up hiring me for a temp position years down the road. It was more of a favor to me during a crisis, but it was very much appreciate and forever remembered.

I only spend two weeks at Stephen Murray CCMP Capital when he hired me on for a temp, but during that time I actually had a blast. I had not had much experience with that type of work before, but he had me up and going in no time at all. Me and my wife had gone through a divorce at that time and he hired me to help pay for my divorce lawyer. When I say helped me, I also mean he actually threw in a few grand into getting me a better lawyer than what I had. The crazy thing about it is that with his lawyer, I got everything I “needed” out of the court date. She did not get my home or my car. Two things I was scared of losing.

Because of Stephen I got to keep my life and gain a new friendship. Something that is very hard to find from a person in today’s world. Thankfully for me, I found it with Stephen that day we met in New York City. If I ever had to hand out a recommendation of Stephen Murray CCMP Capital it would probably be the best one out there as the company is one of the best. Not only did it used to be run by the best, but the way the company is structured is actually pretty amazing. For anyone searching for the perfect position and opportunity to learn what it is like to work at a professional firm, CCMP is most definitely the place to apply at. Even my short time spent there, I became a much better person than I have ever been in my life.

The Sailing Success of Dick DeVos

The competition for the Gold Cup, hosted by the Lauderdale Yacht Club could not have gone any smoother and could not have been any better prepared. The three races that took place of the last day of racing was reported to be a shakedown. Dick DeVos was reported to be leading the competition with a single point on Volpe with World Champion, Alessandro Rombelli leading in a close second right behind Mr. DeVos. 

What made this race a special race was that the competition allowed for each vessel to carry a junior sailor on board. This was a great experience for the sailors because it enabled for them to share the thrill and excitement of grand prix sailing. In addition to this, the junior sailors were able to pickup a few sailing techniques from some of the best sailors in the world. At the end of the competition the best youth effort prizes were given to Denver Rozzo and Michael Moss.

The the actual race, with the shifting wind allowed team Rombelli to make an advance on DeVos. At the end, Rombelli finished first while DeVos finished well in second place. Dick DeVos was pleased by this and cannot wait until the next racing season to show that his comeback will be in full throttle. 

Dick DeVos is not only a prominent sailor, but also is a businessman and entrepreneur who is a well respected figure in the Michigan area. Dick DeVos began his success story while working for his family’s company, Amway Corporation. Eventually, after 10 years, Mr. DeVos worked his way up to become a vice president of the company and was even put in charge of international sales. During Mr. DeVos’ time as a vice president of the company, Mr. DeVos increased the international sales to makeup 50 percent of the company’s overall sales. (Read more about Dick’s time at Amway in this MLive article)

In addition to Mr. DeVos’ success, he and his wife Betsy are prominent philanthropists that believe that giving back to the community is one of the most important parts of being successful. Dick and Betsy are both firm believers that education is one of the most important aspects of giving back to a community and have even created several scholarships funded by their charitable foundation for that reason. Dick and Betsy DeVos belief that everyone who has earned the right to be educated, should be education despite family income or certain needs that are required to pursue an education.

Betsy shares her approach for creating more quality educational opportunities for children in Detroit.

Posted by Dick DeVos on Tuesday, February 23, 2016

Dick is also involved in politics and is well-known for his donations to Republican candidates and conservative causes. His political donations were even referenced in the popular series House of Cards which you can read his thoughts on here: http://www.mlive.com/business/west-michigan/index.ssf/2015/03/dick_devos_weighs_in_on_house.html

Highland Capital Management Top Holdings in 2015

James Dondero currently the CEO and President of Highland Capital Management. Popularly known as Jim by his colleagues in the industry, James Dondero is the Co-founder of the company. At the moment, he is based in Dallas, but he travels in different parts of the world doing business. His main job at the institution is to oversee the investment strategies of the company and take charge of the most important operations. James Dondero is also in charge of the products and retail.

Jim has been in the hedge fund industry for more than 30 years, and due to this, he has gained a lot of knowledge and expertise in the area. People say that he is one of the pioneers in the lucrative industry, and this makes his opinions in the industry to be respected. Highland Capital Management specializes mostly in the credit investments. At the moment, the company has more than $20 billion that it manages.

Just recently, the company filed its quarterly 13F. According to the documents presented to the public, the institution has revealed that its portfolio is currently valued at $3.2 billion. The new portfolio value has shown that there has been a big decrease from what was stated in the other quarter filing.

2015 I believed to have been a bad year for the investors in the stock market. When the year was ending, everything was running normally. Experts in the field say that there were no any major changes to be reported at the end of the year. It ended at the same value as it started, and this is a clear sign that there were no any improvements. There was, however, a flat line in capital improvement, good signs for the year 2016.

2015 had started calmly, and the investors were showing signs of being optimistic. This was a very good foundation because everyone was relaxed and ready for a good outcome. During the last months of the year, the thing started changing, and concerns started coming up. The investors were now worried because of the upcoming risks involved in the stock market. This affected the industry because no one was interested anymore.
However, 2016 might turn out to be a prosperous year for the investors. This will only be possible if the investors will eliminate their fears and worries and face the market with courage. They should also ensure that they invest wisely.

Follow James on Facebook to stay up to date on all things Highland Capital.

Source: http://www.octafinance.com/highland-capital-management-top-10-holdings-in-q3-2015/352793/

Bountiful Beneful Benifits

Everyone has seen the adorable dog food commercials, the ads with precious little pups or our all time best friends. The lovable dog on the front of Purina Beneful’s packaging does a great job of accomplishing the same goal as these other forms of media. However, is this pup really as happy as he looks in the picture?

Yes, yes he is. After extensive research, it has been concluded that Beneful is being honest when they tell their customers that their wet and dry dog food is made of rich meats and is jamb packed with vitamins and minerals that help a dog grow and sustain health throughout their life. A large number of employees for Beneful use this brand for their dogs as well: they trust the product that they make.

According to these employees, each ingredient is tested for quality, expected to extend beyond a standard. They value cleanliness in their factories.

Beneful is safe, with an army of scientists and doctors looking to keep all of their customers and their dogs healthy and happy. It is proven and monitored to contain real vegetables, meats, and whole grains. This produces shiny coats, and healthy pets with lots of energy and good teeth.

Not only does Beneful have a great product, but they encourage play and activity, both for the dog and with your dog. They wish to enhance relationships between pets and their owners, and encourage pets to get activity.

My dog, ever since I was young, has eaten Beneful, and my new pup certainly will. Their value for family and quality is impeccable.

 

 

Solo Capital: A Piece Of The Pie For Sanjay Shah

Sanjay Shah has had a successful career in the financial industry and he is taking his success to new industries now.

Shah was born to Kenyan emigrant parents in London. He went on to study at King’s College, graduated and started a career in finance at KPMG. After KPMG, Shah worked for a variety of investment banks, including ING, Rabobank, Credit Suisse, Merrill Lynch and Morgan Stanley. When the recession hit, Rabobank had to let Shah go due to redundancy. But Shah was not interested in looking for another job. He did not enjoy the commute from his home to the office every day and he did not enjoy sitting in the office the entire day when he knew he could get his work done in half the time. So instead, Shah founded his own company, Solo Capital.

After gaining significant success with Solo Capital, including a pay check of 19 million pounds in 2011, Shah decided it was time for him to take a step back and pursue a few of his passions. Since Shah’s days at King’s College, he had loved music so he decided to make his way into the music industry by partnering with Done Events, a Dubai based promotional firm. Together, they created Blended, a jazz music festival. This is now an annual event with several thousand people in attendance.

Shah also decided to start a charity because his son was diagnosed with autism. The charity is called Autism Rocks and has already raised hundreds of thousands of dollars for autism research.

Solo Capital is still moving forward and growing even as Shah has stepped back. The firm is also sometimes referred to as Solo Capital Markets, Solo Capital UK or Solo Capital Limited. It is controlled by Solo Group Holdings, which is controlled by Aesa S.a.r.l. Sanjay Shah owns both of those companies.

As of 2015, the firm had a cash flow of 30 million pounds, assets worth 67 million pounds and a net worth of 15 million pounds. While the company started out small, with only a few employees, it has now grown to more than 100 individuals, including 35 designated traders.

The firm provides a variety of services and products to their investors. They specialize in 3 main areas, which are professional sports investment, consulting and proprietary trading. Within each of these areas there are more specialties. In the proprietary trading division, the team works on FX, commodities and derivatives. In the consulting division, the team works on investment, performance and human capital. And in the investments divisions, the team provides talent acquisition, commercial advisory and representation and asset management.

Marcio Alaor Explains David Neeleman’s TAP

The Portuguese airline, Transportes Aereos Portugueses (TAP), was wholly owned by the government of Portugal until David Neeleman bought a 61% share of it in 2015. He announced plans to complete a buyout of the airline from Portugal by 2018. Marcio Alaor, the CEO of BMG bank released a favorable report about the amazing Mr. Neeleman and his adventurous exploits. He notes that David Neeleman has had a very creative, innovative, and successful career in spite of a sometimes debilitating problem with Attention Deficit Disorder (ADD).

As Mr. Alaor explains his interest in investing in the newly privatized airline, he outlines how the deal came out of a partnership between David Neeleman and Humberto Pedrosa, a prominent Portuguese businessman who owns the Barraqueiro Group. The two formed Atlantic Gateway, the consortium that dealt with the Portuguese government. David Neeleman is also the owner of WestJet in Canada and both JetBlue and Morris Air in the United States.

Born in Sao Paulo, Brazil in 1959, David Neeleman is of American and Dutch descent. His family moved to the United States in 1964. Marcio Alaor finds the man quite a curious genius in aviation. This is because the man has always battled with problems caused by his ADD. Mr. Neeleman has always had problems studying books and learning in the traditional, linear manner. His grades in school were at best middling. He dropped out of the University of Utah after struggling there for 3 years, according to Mr. Alaor. Mr. Neeleman refuses to take ADD medication because of the negative side effects. Nevertheless, David Neeleman has steadily worked to overcome the debilitating effects of ADD to become a major player in the world airline industry.

Mr. Neeleman started his high flying airline experience with the founding of Morris Air in 1984 on a “no frills” low-cost model. The first flights were only made to Hawaii, followed by new routes to Los Cabos, Cancun, and Orlando, Florida. He sold the airline in 1993 for $130 million dollars to Southwest Airlines, which also practiced “no frills” to keep passenger ticket prices low.

Marcio Alaor has applied his own innovations to BMG that have grown the bank to become a prime institution in Brazil and throughout South America. Part of this success came from his understanding of new banking technologies that he has leveraged to lead BMG into the market areas of the 21st century. He has done this while also keeping to the traditions that have made BMG a great bank in the past.

Follow Marcio Alaor on Twitter.