James Dondero Doesn’t Hesitate to Set the Bar High

We often strive for excellence in everything we do, whether that is work or play. Jim Dondero, though, seems to have set the bar a little higher than most people. He certainly has a list of achievements to prove he never gave up or lowered his expectations. Today, he is the co-founder and president of Highland Capital Management, and sits on a number of boards. However, that doesn’t say enough about Mr. Dondero, his career or his lifelong history of success.

A firm believer in the importance of education, Jim Dondero of nexbank attended the University of Virginia. Even at that young age, he revealed a determination to excel by aiming to earn dual majors in Finance and Accounting. Not only did Mr. Dondero achieve his goals, he did so with the highest honors, graduating Beta Alpha Psi and Beta Gamma Sigma. He went on to become a Certified Management Accountant (CMA), a Chartered Financial Analyst (CFA) and a Certified Public Accountant (CPA). That was just a hint of what Mr. Dondero was determined to achieve in his lifelong career.

Mr. Dondero began working as an analyst in Morgan Guaranty’s training program in 1984. From there, he went to work for American Express as a Corporate Bond Analyst, earning a promotion to a Portfolio Manager. Perhaps his greatest achievement, though, was in 1993 when he co-founded Highland Capital Management, the company leading the way in credit oriented solutions and Collateralized Loan Obligation market development. Today, Mr. Dondero, President of Highland Capital Management, L.P., boasts more than 30 years experience in equity and credit markets. In addition, he founded and continues on as the President of NexPoint Advisors, L.P. and serves as the NexBank chairman.

For all of his success, Mr. Dondero has never forgotten the importance of giving back. In fact, he is quite the philanthropist and supports endeavors in veteran’s affairs, public policy and, of course, education. His efforts do not end there, the President of Highland Capital Management serving as Cornerstone Healthcare Group Holding, Inc.’s chairman. He is also the director of Safety-Kleen, Inc. as well as president, member of the Executive Committee and member of the Compensation Committee for NeighborCare, Inc.

Mr. Dondero serves as an example of what we can achieve in a very short time. Granted, he started over 30 years ago, but in that time he has gained experience in leveraged bank loans, derivatives, emerging markets and far more. Mr. Dondero also spent much of his career helping to make Highland Capital Management the successful company it is today. Perhaps more importantly, he is a leader in the community and strives to better the lives of the people around him. It’s easy to see that Mr. Dondero not only set the bar high but he is also determined to succeed at anything he attempts.

The Definition of a Phenomenal Hedge Fund Manager

Kenneth Griffin is an investor that has drummed up billions and billions of dollars in investments over the course of his 30 year career. Ken Griffin has had notable mentions in magazines, such as Forbes Magazine and started his career much younger than the average investor, which gave him an incredible head start. A philanthropist and art lover as well as collector, he knows the difference between what works and what doesn’t, for he is a trendsetter in the world of not only investing, but art collecting and philanthropy as well.

Ken Griffin on citadel.com got his start at Harvard University, where he received his first hedge fund that enabled him to invest into the stock markets. His ability to make a significant profit from his small hedge fund attracted the likes of hedge fund managers and as well as founders to investigate the young phenom. His uncanny ability to develop an effective investment thesis and execute on it, taking more factors into consideration than the average investor and knowing how much they affect the bottom line enabled him to make some pretty ingenious predictions over the course of his career, earning his family millions from the $200,000 initial investment that he received from them for his first hedge fund.

He received $1 million from Frank C. Meyer, an investor and founder of Glenwood Capital LLC because he saw firsthand the elegance in which Kenneth Griffin invested. Kenneth was able to quickly turn that 1 million into 1.7 million, giving his new mentor a healthy profit for his investment. His mentor took him under his wing, teaching him the ropes of running a hedge fund effectively and inspiring him to set his goals higher than he had ever anticipated.

Eventually in 1990, he started his Citadel fund. His Citadel fund was initiated with $4.6 million and eventually grew to be funded well over $1 billion. For him to get to the billion dollar mark, it was not easy, yet he achieved what was set before him by effectively by making sure that his clients all made very healthy sums of money from his funds.

His ability to read the market is absolutely staggering. His ability to raise capital is phenomenal and his uncanny knack for hiring the correct talent enabled him to get more investors on board, essentially tripling and quadrupling his Citadel fund.

It is always nice when a person can help out when they have the money and this is something that Kenneth Griffin has more than any hedge fund manager on the face of the earth. In the last 10 years, Kenneth Griffin has donated over $200 million to Harvard’s scholarship endowment fund, making him one of Harvard universities largest contributors ever. He is also a major contributor to the Bill and Melinda Gates Foundation. He, in total has donated over $500 million to various funds and organizations over the last 15 years

In addition to his inspiring philanthropic work, he is also quite an avid art collector. With paintings from all of the greats, he is most notable for spending the largest amount of money ever recorded for Paul Cézanne’s painting Curtain, Jug and Fruit Bowl in 1999 painting as well as a painting he bought from David Geffen for $80 million titled False Start by artist Jasper Johns.

A Call to Action Against Human Trafficking

The trafficking of human beings is not an abomination from past eras that has been eradicated. Also, its presence is not only known in third-world countries with volatile leadership. Human trafficking is an international epidemic that is also infecting the United States daily. Human rights activists work tirelessly to raise awareness and possible solutions to stop it.

According to various reports and statistics, nearly one million people are victims of forced labor and sex trades. Nearly 20,000 of these trafficking victims are suffering in the United States. Although Congress passed the Victims of Trafficking and Violence Protection Act in 2000, the problem remains. Human rights advocates point out that the labor standards for domestic workers and the restaurant industry are poorly written and often ignored. They also note that many of the illegal immigrants in America are forced to work in these industries.

American immigration policy allows for a maximum of five thousand visas to be granted to foreign human trafficking victims. Unfortunately, very few are even granted, say some advocacy reports. The reasons behind the low numbers of trafficking visas have been blamed on a lack of resources and poor enforcement and penalties.

While the American Labor Board and other international advocacy groups are working against forced labor trafficking, others are trying to help those who are victims of sex trafficking. Some organizations dispute the definition of a sex trafficking victim. There are those who feel that some people are in the sex business by choice. Others feel that sex workers are being exploited, regardless of their choices. In order to reach more victims, U.S. funding has increased for anti-trafficking organizations.

Human rights advocates around the world are addressing the problems with human trafficking, especially in poor, oppressed countries. In the center of the world stage is twenty-two year old Yeonmi Park. In her new book, she discusses the horrors that she and her family went through while escaping the tyranny of North Korea. Park knows from experience what it is like being a human trafficking victim.

As a child in North Korea, she and her family were used to an oppressive government that told them every move to make and what to think. Yeonmi Park’s father was a government official who was thrown in prison for allegedly doing black market dealings with China. He was later released because of frail health. With the whole family suffering from nationwide poverty and famine, Park’s father urged them to run for their lives and he would join them later.

Park, her sister, and her mother entrusted a group of dubious Chinese traffickers to get them out of the country. For nearly three years, they suffered from unthinkable abuse and the fear of being caught. Her father did meet up with them, only to die of colon cancer in the Mongolian mountains. Finally, Park and her family made it to the safety of the South Korean embassy.

She is now a popular lecturer and a leading voice in human rights. She speaks of the resilience of the human spirit and of the importance of eliminating human trafficking. Park inspires people from around the world to be grateful for freedom and presents a call to action for those who still suffer.

Skout Is Becoming Even Bigger

What has made Skout such a reliable app is the way the app is crafted. The app on techrunch.com has enabled for countless people to meet up, make friends, and even date. The app has gained a huge amount of wrestle to for connecting people to others in other parts of the world. Those in the United States can easily find people abroad to talk to, so that if they ever plan on visiting those places, they have friends to meet with. It’s an interesting app that has connected many people.

The founder of the app has admitted that he wanted to amp up the way the app is progressing at the moment. He wanted to find something new to add so that the app is unique and provides that special way of bringing even more people together. They decide to acquire the app, Nixter. This unique app Skout Nixter is growing rapidly because of the way the app is helping people find some of the best events in their city in the nightlife world. This new app is extremely popular and is gouge garner even more friends with the help of the Skout app. The owners wanted to add something more unique to their current social networking app.

Nixter is simply a connection between people in every city to their favorite hotspots and night clubs. Users are simply given the chance to finally get all the information for the best nightclub events in their city. Skout wanted to add this to their amazing app to help make the process easier for those who wanted to know where all the best parties are. It’s a simple but powerful app.

Nixter had some fairly humble beginnings with their app only receiving around $200,000 in angel funding back in Chile. It did not have a huge amount of funding the same way Skout did back in the day when they started. Skout received millions upon millions of dollars when they begun their efforts through their funding. Skout is continuing their success by simply having this unique app brought back in. It’s such a unique app, and it is capable of giving users an exciting chance to stay up to date, buy tickets, and request VIP accommodations when they arrive at the club.

They know that those in any city would like to be updated and really know exactly where to find parties and get their tickets bore they’re all sold out. Nixter is the app that will be integrated into their system. In other words, users can download the on its very own, but the app will also be accessed via the Skout app as well.

Steve Murray and the CCMP Capital: A Profile

CCMP CAPITAL is a universal private equity firm that deals in various equity investments in different industries. The firm, which began in August 2006, was formed as a continuation of an investment strategy previously started at JP Morgan Partners. CCMP Capital spun out of JP Morgan, and its affiliate predecessors. The title Stephen Murray CCMP Capital reflects the firm’s heritage organizations that are C-Chemical Ventures, C-Chase Capital, M – Manufacturers Hanover Capital/JP Morgan and P-Partners.

The CCMP Capital specializes in making buyout and growth equity investments for their clients. The firm’s major clients are largely drawn from North America and Europe even though they have investments in almost all parts of the world. Being a global private equity investment firm, the company has created a market niche in four different sectors. The sectors include consumer/retail, industrial, energy and healthcare.

The consumer/retail sector has the specialty retail, service businesses and multi channeling marketing as its sub-sectors. The industrial sector sub-sectors include the manufacturing, distribution, industrial services and chemicals. The consumer/retail and industrial sectors have the most number of investor clients compared to the energy and healthcare sectors that have fewer numbers of investment clientele. The bulk of the investor’s in the firms’ portfolio is from North America. CCMP Capital has among its investors both public and corporate entities who invest in pension funds, funds of funds, endowments and foundations among others.

Steve had been part of the predecessor companies out of which CCMP Capital was founded since 1989 starting as a junior employee and rising through the ranks. He began his career as a credit trainee in 1984. The top management of the company comprises of a C.E.O and four managing directors. Also among the team are executive advisor, finance staff, principals, and legal and compliance analysts.

In the recent past, the firm has been involved in buyouts of several firms as means of boosting its investment portfolio and increasing its area of operations. A recent buyout includes the Hillman companies that were acquired in 2014 for a disclosed fee of $1.475B.

As a partnering company, they can leverage resources and financial might to enable their clients achieve sustainability and stability. CCMP Capital aims at being a world class investment partner through active management strategies and powerful value creation models that will be driven by its professional workforce. Having been in the industry for more than 30 years, CCMP Capital continues to be a preferred investment manager for many companies that wish to handle large financial transactions.

Organo Gold Opens Up a Branch in Turkey

An article posted on PR Newswire reported that Organo Gold has opened a branch in Turkey. This is the 39th country that the company has opened operations in.

According to the company’s CEO Bernado Chua, opening a branch in turkey is a great achievement for the company. Since Turkey links Organo Gold’s operations in Africa, Europe and Asia, it will provide an opportunity for the company to serve its distributors and customers in this regions well.

Turkey is known as the country that opened the first coffee house during the 15th century. With the beverage well embedded into the national culture, appetite for quality coffee continues to grow in the country. With most people now for going for healthy and savvy products in this modern age, Organo Gold fits well into this space.

According to the company’s Executive Vice President of International Sales and Marketing Holton Buggs, the awareness and demand for Organo Gold products has increased. This is due to Turkey’s interest in an active lifestyle and an expanding nutraceutical market. Holton expressed the company’s readiness in serving customers who are ready to make its products a part of their active lifestyles.

The health benefits associated with Organo Gold Coffee derive from an ancient Chinese mushroom known as Ganoderma. In Chinese medicine, it is known as “the highest-ranked herb.” Long term use of Ganoderma is said to build a strong body and prolong life.

Paul Jarvis, Regional Vice President of Europe, CIS, and Africa will spearhead the company’s activities in Turkey. The Organo Gold products to be sold in the country include Gourmet Hot Chocolate, Gourmet Latte, Gourmet Black Coffee, King of Coffee, Gourmet Mocha, Expresso TRE, Espresso UNO and Expresso DUE.

Organo Gold was founded in 2008 by Bernado Chua. The company sells neutraciticals, coffees, teas and personal care products. These products are made with organic Ganoderma.

The company’s CEO Bernado Chua is responsible for transforming Organo Gold into a huge, global network-marketing-corporation. He is a Gold medal recipient of the Napoleon Hill Foundation, and can be credited for bringing great success to the multi-level marketing industry.

Bruce Levenson Worked Hard To Become An NBA Team Owner

The NBA is a powerful sports organization that gets a lot of people excited. When the sport is in season people can’t stop talking about it and their hopes and dreams for their favorite teams. Most people feel strongly about who they would like to see win, and who they would rather have lose, and it can be fun for them to watch a game and see their favorite team do well, especially when they are actually able to be at the game.
Those who love the NBA enjoy just being able to be around and witness the goings on of their favorite team. They could not imagine what it would be like to actually be the owner of that team and to be able to take even more pride in the players and all that they are doing.
Bruce Levenson on wikipedia was a successful businessman before he become an NBA team owner, and he worked hard to be able to be one. His love for the NBA has driven him to have the kind of success that he has had, and now many people are jealous of him for what he has been able to do. Not many people are able to say that they own a professional sports team, but Bruce Levenson can. He has worked hard to earn the right to be able to do what he has down, and he deserves it. He deserves the joy that comes with owning a team and seeing them do well.
The NBA holds the interest of many people, and many people would love to be able to own an NBA team if only they had the money to do that. And, while they may never get the chance to actually own a team for themselves, that should just motivate them to work hard in the things that they are doing. They never know where it will take them when they are being ambitious.
When one does not feel that owning an NBA team is a realistic dream for them to have, though, the least that they can do is to keep rooting for their team and cheering them on to success.

Why Choose Home Cleaning Services

While one’s home is his own to keep how he chooses, it is hard to find someone that prefers a messy home. However, keeping the home clean is a lot harder than one would think. There is the stress of day to day life for many people that have just a 9 to 5 job. There are also other unexpected factors that could take one’s focus and energy. Often times, this results in the house not being clean. Even for people that could keep a house clean, the cleanliness is only superficial. There are other issues, especially when it comes to carpeting.

A lot of times, cleaning a carpet just pushes the dirt deeper into the carpet. As a matter of fact, carpets accumulate so much dirt that is hard to get rid that many people opt for removing the carpet and instead use tile or wood for flooring. However, just because one does not have the time or the energy to maintain the cleanliness of a home does not mean that one should let all the dirt accumulate. There are other options for keeping the home clean. One of these options is home cleaning services.

There are many different types of home cleaning services. It is important to look at many different cleaning services and see what they have to offer. There are some services that specialize in only a certain type of cleaning in the home. In this case, one must look at the areas of their home in which they need the most help. For instance, they may be good at keeping organized, yet they may need help cleaning tubs or floors. It is also important to look at the reputation of the cleaning services. A poor reputation is not the sign of a good cleaning cleaning service as one would see.

One example of a good cleaning company is itunes’ Handy. As a matter of fact, it has turned out to be such a good cleaning company that it has began earning $1 million a week just two years after launching. Both employees and customers are very satisfied with the company. The employees compare it to having an ATM inside of their pocket. Also, they have recently released an app that allows customers to book an appointment with their mobile phones. Handy also do background checks before boarding the service.

With cleaning services, keeping a house clean can be a lot easier. People don’t have to put up with a messy and dirty home just because they don’t have the time and energy to keep everything clean and neat. There are plenty of professionals that are willing and able to provide their clients with a clean environment.

Debunking Wall Street’s Most Popular Myths

Myths can be detrimental to a trader. It can guide them towards the wrong path and cause them to make bad financial decisions. Debunking these myths is an important first step to clearing the fog that has long prevented investors and traders from making money in their chosen financial markets. Here are the 4 most popular myths that circulate around the financial industry.

Myth#1 – Trading Is Just The Same As Gambling

This is something you will commonly hear from family members and friends when you tell them about your plans to pursue a trading career. Trading and gambling are different from each other yet is something most people outside of the trading industry fail to comprehend. In trading, you are actually the casino rather than the mindless gambler spending his chips. A true trader only enters positions where the odds are in his/her favor.

Myth#2 – Markets Are Reserved For Rich Folks And Their Brokers

Financial markets remain the most accessible capitalistic industry worldwide, despite proactive government regulations, high frequency trading algorithms, manipulation in supply and demand of private sectors, and the “dark pool” layer of the markets. The market is open to all newcomers who are interested in profiting from market activity. In fact, nowadays, you can easily open a basic broker account for less than $100 and start monitoring those price blips on your screen.

Myth#3 – Market Crashes Always Recover Eventually

From US’ Black Monday of 1987 to the Japanese Asset Price Bubble of 1991, market crashes have been causing chaos for centuries. One thing you need to know about them is that they don’t immediately recover. Although it might get back up to previous levels where you bought it, it might not regain its strength for years or even decades, resulting in all that missed opportunities and time to grow your investment capital.

Myth#4 – Markets That Go Up Will Come Down

This is especially true for equities. Just because Apple shares are currently overpriced at $500, this doesn’t mean you have to go dive in on a short position. It might not hit $100 for another few months or years, and instead could hit $1,000 first thereby wiping out your account. Never assume that the market is going to do something just because it feels right or has happened once before.

Just ask veteran investors like Brad Reifler. The serial entrepreneur/investor has seen several market crashes unfold in his years of experience in the financial industry. He commandeers one of the most successful global financial services firm, Forefront Capital, and has headed several businesses in the past including Pali Capital Inc, which he founded after graduating from college.

Investment Advice from the Experts

While anyone can participate in the investment industry, only a few people have experienced a lifetime of continual investment success. Continue reading to find out four pieces of advice from some of the most famous investment gurus in America.

The Oracle of Omaha
Warren Buffet is considered to be one of the most successful investors of all time. Not only is he one of the richest men in the world, he also is a dedicated philanthropist. According to a recent Time magazine article, one of the best pieces of advice that Mr. Buffet has ever given isn’t even about money. That is, Mr. Buffet famously said that every person is their own biggest asset and should invest in themselves. Mr. Buffet goes on to recommend that people should cultivate good habits, never stop learning and take care of their mind and body. A healthy and highly functioning life goes hand-in-hand with strategically smart investing.

Saint Jack
Jack Bogle, the founder of Vanguard, was originally derided when he created the very first retail stock index fund back in the 1970’s. However, the former CEO of Vanguard guided his company to become the world’s largest mutual fund company and manage trillions of dollars every year. According to Mr. Bogle, diversification must be balanced with simplicity in conjunction with lower costs. In addition to this, an investment firm must be committed to transparency through sharing financial statements, even if they aren’t ideal.

The Legend
Peter Lynch is a stock investor and a former manager at Fidelity Investments who oversaw double returns during his tenure. Mr. Lynch wrote a number of influential investing books that can be summed up in a few principles. First, only buy what you understand. This means to use common sense and first-hand experience to make careful investment decisions. Second, do your research. For example, be sure there is a low debt-to-equity ratio and high PEG ratios and percentage of sales.

Specialized Advice
While not all investment gurus are world famous, their advice is still valid and useful. For example, Brad Reifler is the CEO of Forefront Capital Management and specializes in forex and commodity investing. These volatile markets are not for the inexperienced, who can easily and quickly lose a fortune overnight. However, Mr. Reifler advises forex investors to maximize profits through limiting orders, maintaining discipline and utilizing stop-loss orders.

Every investor can profit personally and financially from follow the advice of well-known investment experts. For example, every investor should invest in themselves through proper habits, self-care and education. Diversification reduces risk, but must be balanced with focused simplicity. Only buy what you understand after careful research. Finally, be sure to seek specific advice for exclusive investing markets.