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Category: Investment

Fortress Investment Group: Randal Nardone is a billionaire who has made a reputable name

October 15, 2018 • fishcarolina

Randal Nardone is an educated entrepreneur who has acquired a lot of skills and knowledge through his education and experience working for various organizations. He started by working hard to land a coveted chance at Boston University. At the great institution, he gained the knowledge that enabled him to launch his career successfully. He obtained his degree in Biology and English and went ahead to study law. He advanced his expertise at the University of Connecticut which is also a great institution. He is a fast learner who gained the theoretical knowledge and went to the real work environment. The dream of most students is to land a job, and that is the path Randal followed before he ventured into entrepreneurship. After working for several law firms, Randal realized that he could be a successful financial expert and shifted his career.

Randal Nardone served at the institutions diligently and continued to build his portfolio. He was offered top leadership positions enabling him to learn management techniques. For example, he worked at Springfield Financial Holdings where he rose to become the Chairman as well as the president of the firm. Randal was also entrusted with the position of Vice President while working for Newcastle Investment Holdings. He was serving in the capacity of a principal when he was at BlackRock Financial Management. Randal Nardone has managed to gain these positions because he is talented and dedicated in his work. Soon, he met with others, and they together came with the idea of Fortress Investment Group. He is among the founders who have been of great help to the organization.

At the Fortress Investment Group, he operates as the CEO, and he also has other duties. He is also the expert who is responsible for management of financial issues and legal issues that face the Fortress Investment Group. He has also been serving in the management committee as a member where he has helped a lot when it comes to making proper decisions. He worked with Rob Kauffman and Wes Edens, and they came with the idea of starting one of the most successful investment organizations in the globe. They have also been working together in the implementation of strategies that enable the Fortress Investment Group to serve its customers efficiently.

 

Wes Edens; A Visionary Entrepreneur Trained to Recognize Unique Investment Opportunities

September 11, 2018 • fishcarolina

Among the first entrepreneurs in the modern form of investment management firms is Wes Edens. He and two others came together to form Fortress Investment Group which is still in operation to date. It was the first largest investment company to record on the New York Stock Exchange. Fortress Investment Group began in 1998. It deals with various forms of investments from hedge funds to private equity. It has almost $50 billion worth of assets under its supervision and nearly 2000 investors. With the expertise of the founders (the other two are Rob Kauffman and Randal Nardone), the company has successfully engaged in high-risk investments. As an entrepreneur, Wes Edens infiltrated the transport system by coming up with a more efficient way of traveling from Miami to Fort Lauderdale. He formed the Brightline’s Smart Service, the only privately owned rail system in America.

The company, which belongs to Fortress Investment Group, began its operations on May 2018. Wes has plans to expand the train system operations into Chicago, St Loius, and Milwaukee. The train system’s efficiency comes hand in hand with the cost and time taken to travel between the two cities that it serves. The average driving time from Miami to Fort Lauderdale is one hour. Moreover, it may take up to $40 to book a taxi. The transport cost for the Brightline trains is only $10. It is estimated to travel using half the time a vehicle will take from Miami to Fort Lauderdale. You will rarely find such privileges such as comfortable seats and good food in transport cars or government train systems.

Apart from influencing the investment management world, Wes Edens has also ventured into the sports arena. He is a co-owner of Milwaukee Bucks, a successful basketball team that is globally recognized. Wes confirmed his intentions of expanding into soccer after his recent purchase of Aston Villa Football Club, an England based football club. Wes Edens worked together with Nassef Sawiris to own a more substantial part of Aston Villa’s shares. Nassef is also an entrepreneur based in Egypt. The ownership deal concluded with English Football League’s recognition of the purchase. Though in the past few seasons Aston Villa has not been doing well in the renowned Premier League, it has been among the top teams in the league for years. The new ownership development aims at bettering the Aston villa’s image and returning the team to its rightful place at the top.

The Evaluation Of The Crypto Crash By Paul Mampilly

September 8, 2018 • fishcarolina

Paul Mampilly is an investor for Banyan Hills Publishing and was previously a hedge fund manager. He was born in India, and when he made his trek to the United States, he was pulled in to the hustle and bustle of Wall Street. He has over 25 years of investing experience, with his start as an assistant portfolio manager for Bankers Trust back in 1991. Mampilly then went on to work for other companies and managing multimillion accounts and portfolios. He created a newsletter, Profits Unlimited, in order to reach more people who are interested in investing smart.

Paul Mampilly writes various investment articles to various sources, such as Banyan Hill Publishing Company. He released an article on August 23, 2018, that looked into the a major innovation that underscores many cryptocurrencies. He starts the topic off by reminding his readers about FOMO, or the fear of missing out. As investors, it is critical for them to jump in and buy stocks at a critical point, and choose whether to hold that stock or sell it for its highest price. Paul Mampilly brings this up because he previously warned subscribers that they should not jump hastily onto the bitcoin bandwagon. Bitcoin process were doing well for a quick moment, and then suffered a massive drop and has not shown much recovery. Paul Mampilly views cryptocurrencies as being volatile, and suggests not investing in it.

Cryptocurrency was doing so well in the beginning because of the hype created by the media, skewing investors impressions into believing this would put them on the track on making a lot of money. There are plenty stories of individuals investing in cryptocurrencies like Bitcoin and making rich gains, however, this was just a blurred bubble. In effect, other investors put a lot of their money into this market hoping to make it big as well, however, the door that was open is now closed, the prices dropping off 70%. This crash in the crypto market has left many with sad tales to tell. What caused this sudden loss? The culprit is another technology, blockchain, which is more sturdy and robust. Blockchain is used almost everywhere, either to verify an identity or to prove ownership. It easily stores these types of sensitive information, and will be used more in the upcoming years.

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