George Soros is a wealthy American investor who has a net worth of more than $20 billion. However, a recent decision of George Soros to donate $18 billion to his foundation, the Open Societies Foundations, left so many people surprised. They lauded him for his generosity and wished that more affluent people be like him when they grow older. George Soros stated that he wanted to leave a legacy that will be remembered for ages, and giving his fortune to be used for charity is what he thinks to be the best. The $18 billion fund that is now in the hands of the Open Societies Foundation will be used for some humanitarian causes, and according to the leaders of the organization, so many people will benefit from the donation that George Soros provided. An additional $2 billion from the remaining wealth of George Soros will be donated to the foundation’s Asian counterpart later on. The Open Societies Foundation has been actively promoting the liberal way of life since its foundation. George Soros wanted to change society into a liberal society which is more accepting and less discriminating, which is why he keeps on giving financial assistance to groups and organizations pushing for liberal ideology. The Open Societies Foundation has been helping the minorities in the United States to gain more rights, and they are responsible for so many social changes that had happened in the United States in the past decades.
The $18 billion donations given by George Soros to the Open Societies Foundation will be diverted to Asian liberal groups and organization, to promote his ideology. Asia is one of the remaining continents on the planet which has a stigma against liberal customs because the people see it as opposed to their traditions and beliefs. However, the Open Societies Foundation cleared out that they will use the majority of the funds not to persuade the governments to accept liberal ideology but to help the people with their needs. One of the beneficiaries of the money donated by George Soros is those who are oppressed by the government who are asking for justice and activists who are fighting for equality and environmental protection.
In Nepal, there are hundreds of people who fell victim to a violent protest in the early 2000s. Military personnel tortured those who were caught in the act of protesting against the government, and they were mercilessly killed. The surviving relatives of those who are killed appealed to the Open Societies Foundation to help them out. The group provided lawyers and prosecutors who helped the surviving relatives gain justice, and they managed to bring those who are accused in court to be convicted. In Mongolia, the Open Societies Foundation had to step in, and they sent a formal letter to the government allowing children with disabilities to attend school. In Thailand and Indonesia, the group appealed to the government to monitor companies who are polluting the waters. The Open Societies Foundation stated that they would continue doing philanthropic works across the world, as directed by George Soros.
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Every new year brings different trends in investing, and in 2018 it’s all about mega trends says Paul Mampilly. Mampilly recalled in a Banyan Hill article how a lot of people thought he was wrong about buying stocks in 2016, and yet it turned out to be a great year for investors to be buying and 2017 turned into the same. Mampilly predicts a slight slowdown in the regular markets, but he says these new mega trend stocks could soar. Those stocks are revolutionary technology in the financial industry such as loan apps, cryptocurrency, blockchain and other encryption technologies. He also is telling people to look out for precision medicine in genetic engineering and the “Internet of Things” which will start connecting all kinds of items to the internet such as household appliances and cars.
Paul Mampilly carefully reads and researches everything in the markets from real estate, to healthcare, mobile technology, energy and every other industry. He once predicted that the dot-com bubble was going to burst at the end of 1999 and also foresaw the subprime mortgage problems of 2008. He is a graduate of Montclair State University and also holds an MBA from Fordham University. He started in credit research at Deutsche Bank in 1991, and then swiftly moved up the ladder to managing client investments, and he had a knack for picking really high returns in stocks and mutual funds. He worked at several different banks throughout the first 10 years of his career including ING, Sears, Banker’s Trust and the Royal Bank of Scotland.
In 2003, Mampilly helped start an independent consulting agency known as Capuchin Consulting. Three years later, he became a Managing Director at one of the fastest-growing hedge funds, Kinetics International Fund. He did so well at investing clients money that Barron’s put him on the front cover of one of their editions for bringing in hefty returns to client investments, and in just a year Kinetics International’s AUM grew from $6 billion to $25 billion. Mampilly also made a $50 million personal investment in 2008 that gained 76% in a year that the financial crisis hit hard, and this investment won him the honorary Templeton Foundation competition. Despite his success, Mampilly decided to leave the big Wall Street firms and join a team of contributors to Banyan Hill. Here he could give people financial advice that was cheap through writing newsletters, and he even shows his followers his portfolio. His newsletters include “Extreme Fortunes,” “Profits Unlimited” and “True Momentum.”
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A year ago, investor Paul Mampilly signed a deal with Banyan Hill to start a newsletter titled Profits Unlimited. His goal was to take his knowledge from years of working on Wall Street to point investors toward stocks that are poised to rise higher.
It is apparent that his advice is paying off. Profits Unlimited recently hit the 60,000 subscriber mark, and all indications are it will keep growing in readership. Mampilly’s format for the eight page newsletter is to highlight one new stock that potential investors might try. Next, Paul Mampilly gives weekly updates on a couple of model stocks listed in his portfolio, and tracks their performance on his website. What makes Mampilly’s arrangement unique is his subscribers buy stocks from their own brokerage firms instead of through a traditional financial manager.
Many of the stocks Mampilly has highlighted in Profits Unlimited have grown a lot, many between 18 and 38 percent. One of those stocks, for a semiconductor, grew an astonishing 160 percent. Several of Mampilly’s subscribers have praised his newsletter on how it has helped with their investments.
Mampilly spent 25 years working on Wall Street, where he served as a money manager for Royal Bank of Scotland, Bankers Trust, and Sears. He retired in his 40s, but keeps busy as editor of The Sovereign Society. He also spent a year working with the hedge fund Kinetics International.
Mampilly has been featured as an analyst on CNBC, Fox Business News, and Bloomberg TV. He has also received the prestigious Templeton Foundation Award for innovative financial investment.
David Giertz works at Nationwide Financial as its President of Nationwide Financial Distributors. He recently conducted an interview with the Wall Street Journal where he stressed how important it is that financial advisers address social security when talking to their clients.
In the interview, David Giertz revealed that research his company conducted revealed that most financial advisers never talk about social security with their clients. The research reveals this is a big mistake on their part due to two main reasons. The first reason is that most of the people surveyed said that not being talked to about social security is a good reason to change financial advisers, so those who don’t talk about it risk losing a lot of business on SoundCloud.com. The second is that nowadays social security benefits makes up a large part of most people retirement income, so it’s too big of an issue to avoid. David said most financial advisers are reluctant to talk about it because it’s exceedingly complex, an issue that they’re going to have to get over.
David Giertz has been in the financial industry for more than 30 years. He has been an executive at Nationwide Financial for the last 13 years. In his current position at Nationwide Financial, he develops and distributes the company’s financial products which include annuities, life insurance, and retirement plans. These products as mentioned by CNBC.com are sold nationwide by independent broker and dealers as well as wirehouses and regional companies.
It was in 1986 that David Giertz earned his bachelor’s degree at Millikin University, graduating with majors in business administration and management. In 2003 he graduated from the University of Miami – School of Business where he earned his Master’s in Business Administration and Management. He entered the financial industry soon after he had earned his bachelor’s degree.
Find more about David Giertz: https://vimeo.com/davidgiertz
The fashion industry and the technological industry keep on changing all the time. But another fact is that both these industries are growing together. Technology is becoming fashionable today.
During the 70s, there was the boom box that allowed its user to carry around tunes and stations. In the 80s, movie story lines got added to this. The 90s made it more personal with the Walkman. The year 2000 saw this personal experience getting smaller with the iPod. Hence technology has grown in order to keep pace with what is being considered fashionable.
This kind of synthesis of technology, as well as fashion, is happening even today. Fashion designers are creating and looking at the possibility of using technology. This would translate into higher standards of innovation as well as functionality. Technology is providing a playground where fashion can experiment, and this leads to endless possibilities.
The future will be seeing fashions advance by using technology to protect us. People may not wear bike protection as it is not fashionable. Hence a system came that one can wear around the neck. This is the Airbag for Cyclists. Here an airbag will be popping out of the neckwear and protecting the head from impact. It also provides better visibility of the surroundings as compared to wearing a helmet. Firefighters are wearing Frontline Gloves that allow them to give valuable information to each other through simple hand gestures. Hence firefighters can know when to leave a scene, or be able to say that all is okay.
Interestingly, designers are looking at a lot of innovations in order to create fabulous fashions. This is thought that is also shared by Christopher Burch who is the founder as well as CEO of Burch Creative Capital. His company has an investment philosophy that reflects the entrepreneurial values of Burch. He is a visionary looking for new market opportunities that can have a direct and lasting impact on the lives of consumers. He understands fashion and this industry very well. This is because he has over 40 years of experience as an investor and entrepreneur. Burch has been involved in the rise of nearly 50 companies. Hence an understanding of consumer behavior along with direct sourcing experience has led him towards innovative impact. He has a highly diversified investment portfolio. His company supports the development of leading lifestyle as well as consumer products brands including apparel, furniture and so on.