Archive for the ‘Leadership’ Category

George Soros – A Man Who Makes A Difference

Sunday, July 16th, 2017

George Soros is a man who is known throughout the world. In Europe, he is known as the driving force behind a wide range of investment activities and business ventures. In the United States, he is perhaps best known for his social activism and political support, mainly for the Democratic Party. In Asia and Africa, he is known for his immense philanthropy and humanitarian work. None of this fame however is what George Soros started to have when he started his life in humble beginnings in Budapest Hungary, nor did he ever dream as he fought for survival as a Jew during the Nazi occupation of the city that he would one day be one of the richest and most influential men in the world.

Read more: http://www.businessinsider.com/george-soros-billionaire-investor-profile-2017-1

Born in 1930, he came from a family which taught him the value of a dollar, the importance of a good moral compass, and the vitality of surviving in the face of oppression. He came out of the dark time of the Nazi occupation with a sense of social justice, and a changed world view. He soon immigrated to England, where he worked as a railroad porter and waiter while putting himself through the London School of Economics. From LSE, he earned a degree that got him in the door of his first job in the financial sector, working at a merchant bank.

In 1969, he moved to New York City, where he started his first fund, now known as the Quantum Fund, with little more than Twelve Million Dollars and a reputation of success he brought with him from Europe. George Soros soon grew that fund into one of the most prosperous of its time. Even today Soros Fund management, his family firm, carries more than $30B in assets, and he still provides key insights as to how the firm’s capital is handled. Read more on nytimes.com

He is not just a man behind the money; he is also the money behind a lot of social changes that have occurred in the world in the last 30 years. A man who believes strongly in the rights of the individual and that governments work for the people not the other way around, he has become a major part of many activism movements and political campaigns over the years. He also works with many charitable groups and humanitarian aid and rights organizations overseas, particularly in Africa and Asia to help those who are impoverished and under the grip of low education and limited heath improvement options.

He recently hired Dawn Fitzpatrick, one of the most success women in the financial arena as Chief Investment Officer for Soros Fund Management. She will be the seventh CIO since 2000, but George notes that it has been a task to find the right person for the job to ensure that the firm success keeps going for many years to come. It is just one more way that George Soros plans for the future, both in his business dealings and in his desire to make the world a better place. Visit Project Syndicate to learn more about George.

The Latest George Soros

Monday, January 25th, 2016

Overview

George Soros has made another prediction on the overall economy. According to this Bloomberg article, George Soros says that the market conditions right now are very similar to 2008. This is a cause for fear for many people simply because George Soros was right the last time he made this prediction. He was one of the only people at that time before the crash of 2008 to say that the economy was starting to contract. Here are several reasons why 2016 is really similar to 2008 and some ways it is different.

Stronger Jobs Market

Perhaps the biggest difference between 2016 and 2008 is the fact that the job market is much stronger now. During that time, there were tens of thousands of jobs being lost every week. However, today the unemployment rate is one of the lowest we have seen in quite some time. This is an essential aspect of looking at the overall economy. Anyone who is looking to make an impact on the economy needs to look at the jobs market in general. There are many people who have been able to improve their economic position by landing a better job. However, there are also many people who say the jobs being created are low paying jobs. It will be interesting to see if the relative strength in the jobs market continues over the next couple of years.

More National Debt

The national debt of nations around the world is higher than it was just a couple of years ago. Almost without exception, nations around the world continue to borrow money at exceedingly higher rates. Anyone who is looking for reasons to be worried about the future of the economy can look to this as a cause for concern. No matter what happens in the economy, one day this debt will have to be paid back. The nations who have an extremely high debt load relative to GDP will be hard pressed to see this growth continue.

The Prediction

George Soros has been known over the years to make predictions on Bloomberg about the economy. He has many decades of experience in looking at financial markets and being able to see through all of the variables that impact the economy. Over the long term, George Soros has proven that he has a solid track record of success when it comes to predicting economic events. Anyone who wants to follow his impact can see various examples in history. If you are someone who is worried about another major economic event, it is vital for you to understand where he is coming from. George Soros sees the current economic environment as one that is really similar to 2008. There were few people who were saying that a major economic event was coming in 2008 much like now. Although this is no reason to panic, there has been a lot of relative weakness in places like China. Only time will tell if George Soros is correct in his prediction.

Kyle Bass Weighs in on 2016 Market

Tuesday, January 19th, 2016

Kyle Bass recently joined the “Halftime Report” traders to share his outlook for the 2016 market and what he predicts will happen with the volatile market in China. While most investors think that the highest profits came before China’s slowdown, Bass things the real problem is simply the way China banks. He compares China’s problem with the recent crisis in Europe. In both scenarios, the systems outgrew GDP at a staggering speed. For example, China’s banking system is nearly $35 trillion, but the GDP is just $10 trillion. A credit cycle and losses are on the way, and he thinks investors are not worried enough. While he doesn’t think our markets will sink as low as during the global financial crisis, he does expect a 10%-20% downturn by the end of the year.

Wikipedia shows that Kyle Bass is the founder of Hayman Capital Management. He made his money by predicting the 2008 financial crisis. Initially, this made him a superstar in the financial world, but as time went on, it seems he may have lost his magic touch.

Bass has also made a some unsavory alliances recently, like his friendship with Argentinian despot Cristina Fernandez de Kirchner. While Bass holds her and her financial knowledge in high regard, she is widely blamed for her country’s disastrous economy. When her country defaulted for the second time in thirteen years on their sovereign debt, Bass defended and rationalized her actions while the rest of the world viewed the actions as indefensible and irrational.

Kyle Bass is viewed as one of her lackeys, something UsefulStooges first pointed out, as he sings her praises as she continues to pump out irresponsible economic policies while ripping her own people off. He even slid in to defend her when a New York judge ruled that Argentina had to pay all its creditors, not just the ones that would agree on a reduced settlement. Bass of course took Kirchner’s side stating that those requiring full pay were immoral for holding poor countries hostage and holding up the progress of 42 million people.

Bass has used similar tactics to avoid paying his own debts. He went on television to shift blame for the deaths caused by non deploying airbags and faulty steering in GM cars to the actual victims, all so he could make good on his investment with General Motors. He’s also got business ties to the late Chris Kyle, whos widow is involved in a lawsuit with one of Bass’s subordinates at Hayman who she has accused of unethical behavior.

There are many more shady dealings that Bass has had his name tied to. So one might question his advice on the stock market, as well as his business practices, before they panic because he states the market isn’t going to be good.

Brian Mulligan Continues To Move And Impress Audiences With His Rich Baritone Voice And Commanding Stage Presence

Thursday, September 24th, 2015

Brian Mulligan keeps impressing audiences in San Francisco with his talent and gorgeous baritone voice. Brian Mulligan currently has the star role in San Francisco Opera’s debut performance of Sweeney Todd. He has been in several other San Francisco Opera productions including Les Troyens and Renato, and received much critical acclaim for his role as Richard Nixon in Nixon in China that he performed in at its San Francisco Opera debut in 2012. In addition to his performances at the San Francisco Opera, he has performed at many of the other greatest opera houses in the world including Opernhaus Zurich, Oper Frankfurt, the Canadian Opera Compay, Lyric Opera of Chicago and the Houston Grand Opera. Brian Mulligan has also performed at many fine orchestras including the Los Angeles Philharmonic and the Baltimore Symphony, and in 2012 he performed for Mahler’s 8th Symphony conducted by Gustavo Dudamel that was released on DVD with the recording by Deutsche Grammophon. Opera News has hailed Brian Mulligan for “a wonderful, rich voice and a fine stage presence.”

Brian Mulligan was born in Endicott, New York and attended Yale University and the Julliard school for his advanced education and voice training. He had his debut in Die Frau ohne Schatten in 2003 at the Metropolitan Opera in NYC while he was still studying at Julliard. His main voice instructor is W. Stephen Smith, whom he still studies with today. He went on to impress audiences and garner great reviews. For his performance of Faust at the Metropolitan Opera, he received the impressive review from MusicalAmerica.com: “A third newcomer to the production was Baritone Brian Mulligan as Marguerite’s unforgiving brother, Valentin. He brought burnished tone and deep feeling to his famous aria, ‘Avant de quitter ces lieux’; then came close to stealing the entire show with a death scene that was riveting in its raw intensity.”

Brian Mulligan’s upcoming schedule of performances include Lucia di Lammermoor as Enrico, and a performance again at the San Francisco Opera starring as Roderick Usher in the anticipated double-bill of Gordon Getty’s Usher House and Debussy’s La Chute de la Maison Usher. He will also be returning to the Metropolitan Opera for the role of Paolo in Simon Boccanegra, starring with Placido Domingo under the direction of James Levine.

Brian Mulligan of Brooknol Advisers – Renaissance Man.

Thursday, September 17th, 2015

 

Brian Mulligan considers himself to be a fortunate man. He contributes his successes to a solid education, working smart, and professing strong leadership characteristics.
Over a 30-year career in the media/entertainment field, he has held such offices as Co-Chairman of Universal Pictures, CEO of Universal Television, Chairman of FOX Broadcasting and Senior Vice President of MCA, Inc.
Currently Mulligan is the CEO of Brooknol Advisers, a company and website that marries Mulligan’s extensive media background with his knowledge and interest in the dynamic world of professional sports business.
Its Field of Green blog-type format covers sports marketing, finance, law, media, technology and sports venues like stadiums and arenas. What CNBC television is to Wall Street and the financial world, Brooknol Advisers and the Field of Green website are to the business end of professional sports.
All professional sports are covered on The Fields of Green website including The Fan Index, a link that presents the latest in NASCAR racing news. A strong team of noted sports writers and columnists contribute sporting articles and essays. Mulligan himself writes occasionally about the latest in sports business and offers his opinions on legal and media sports matters. Fifteen direct links to sports business sites also provide the interested sports fans with the latest in sporting news.
It takes a special breed of executive, a renaissance type person, to be able to occupy the various seats of power that Brian Mulligan has held over his career. His higher education interests and background have certainly played a role in his lofty successes. He holds a Bachelor’s degree in Business Administration from the University of Southern California. Then he went across town and earned a Master’s degree in Business Administration from the John E. Anderson Graduate School of Management at UCLA.
One of the more interesting articles Mulligan has written recently for Field of Green offered suggestions to young people interested in pursuing the business end of sports as a career. Putting low-paying apprenticeships aside, which are hard to come by anyway, Mulligan titled his article, “Volunteering is the best way into sports business.”
His thinking is that helping young people gain a resume and exposure to sports executives, agents, and the athletes themselves are keys in helping them build a sport-business career. Volunteering for even the most menial of jobs in both the sports and media world is often the best and fastest way to open the doors to that exposure.