James Dondero Loves Dallas

James Dondero, a successful businessman, and philanthropist has a passion for giving back to his hometown of Dallas, Texas. However, before James could donate to the scale he does today, he first had to earn his education. James did this by receiving his Bachelor of Science degrees in both accounting and finances at the University of Virginia’s School of Commerce. After his schooling, James stepped into his first real role in the industry by taking a job with JP Morgan Chase & Company where he would create a financial training program. His work was such a massive success that it landed James his dream job with American Express no more than a year later. James worked on fixed income funds for the clients of American Express from 1985 to 1989, the total of which added up to $1 billion. Word of his hard began to spread, and he found himself accepting the offer to be Chief Investment Officer of the GIC Subsidiary for Protective Life. His peers would hear of his success, and James would soon be regarded as one of the top alternative credit managers in the country and the world. Read this article at barrons.com.

Follow: https://www.linkedin.com/in/jamesdonderohcm

After several years of success in the finance industry, James would co-found and accept the role of President for an investment firm in his hometown of Dallas, Texas, known as Highland Capital Management. Although the firm keeps him occupied by private equity loans and many other various credit accounts, James has maintained his passion for philanthropy along the way. Every fiscal year, James ensures that $3 million is set aside for the continued support of non-profit organizations in the area. A few examples of the places that have seen a donation or two from Dondero are, The Perot Museum of Natural Science, Uplift Education, Snowball Express, and the George W. Bush Presidential Library and Institute. Another recent example of his generous nature is the $1 million challenge grant given to the Family Place, a place for men who are victims of domestic violence. The shelter is close to medical care and also features a 24-hour crisis hotline for those in need. Visit his website at jamesdondero.com.

Jason Hope: Which Technologies Does He Support?

Jason Hope is known for quite a number of reasons. However, it is his love for technology that has seen his name become popular. When he is convinced about an idea, he does not relent in telling the people about it. His commentary on technology trends is so precise that many of the things he says about upcoming innovations turn out true. Right now, there are two areas where his attention is focused on. There is the Internet of Things Technology and anti-aging drug research. He believes these two will offer opportunities which will change a lot of things.

The Internet of Things

For decades, Jason Hope has been saying that there will come a time when electronic devices will connect to the internet and be able to communicate with each other without the intervention of human beings. That time is now.

Today, there are over a billion devices that can connect to the internet, and the number is expected to reach 25 billion by 2020, according to Gartner. Any gadget that has the capability of switching on and off can use the Internet of Things.

IoT is being rolled out in almost every sector. Even in our homes, IoT is taking shape such that there are things such as automatic lighting, automatic curtain drawers, and automatic toasters among many other applications.

In industrial capacity, IoT is used to control critical infrastructures such as the power grid, cities alarm systems, and many other such applications.

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Anti-aging drug

Jason Hope is supporting the ongoing research by a group called SENS Research Foundation, which is researching development of a drug that will reverse effects of aging and age-related diseases.

Hope has supported the activities of this organization by giving out $500,000 that has been used to build laboratories and initiate research work. He is hoping that the success of this non-profit organization will lead to a revolution in the healthcare sector. The approach that has been used in the past to treat diseases will have changed.

Jason Hope lives in Arizona. He has a Master in Business Administration for Arizona State University, W.P Carey School of Business.

Read more: Tapping In: Jason Hope Reveals How IoT is Revamping the Airline Industry

Dr. Saad Saad’s Life as a Pediatric Surgeon

Dr. Saad Saad has had a very fascinating journey that has led him from Palestine to the United States and the top of the medical field. His story is one that is very unlikely. Dr. Saad was a pediatric surgeon for almost five decades. He is now retired and spending his time doing the activities he never had time to enjoy while he was still a practicing surgeon. Most people who become a surgeon have dreamed about it their entire life. However, that was not the case with him. Dr. Saad was unsure what he wanted his career to be until a fateful day in his teens when he paid a visit to a Kuwait site where a building was being constructed. The heat eventually overcame him and he lost consciousness. This was a huge moment in his life because he knew that he had to avoid any jobs that required outdoor work.

 

With outdoor work out of the question, Dr. Saad began to think about indoor occupations that suited him. He realized that becoming a pediatric surgeon would be the right job for him because he could be in a fully air conditioned room every day while he was at work. He then went to medical school. Growing up in Palestine taught him a lot about hard work and perseverance. He knew that pursuing a higher education would give him the opportunity to have a better life and avoid a menial occupation. Many of the men in his town were laborers and taxi drivers. He did not want to have that sort of life.

 

Dr. Saad knew that the best medical and surgical innovations were taking place in the United States. Therefore, he set his mind on moving to that country and becoming U.S. Board Certified in the field of pediatric surgery. This was a very difficult certification to get because only a select few pediatric surgeons had it at that time. However, he was able to achieve this certification and his career really took off after that. He was unique because none of the other U.S. Board Certified surgeons spoke English and Arabic fluently. This opened a very interesting door for him. The royal family from the country of Saudi Arabia hired him. This gave him a level of prestige and notoriety that other people in his profession could not match.

 

It was not long before many medical journals were doing profiles on Dr. Saad. He became famous in a field where surgeons are unknown for the most part. This helped him to carve a career path based on his own desires. He no longer had to bow down to the boards that were in charge of the hospitals he worked at. Learn more : https://www.doximity.com/pub/saad-saad-md

 

Life Lessons from Dr. Saad Saad, Pediatric Surgeon – UPDATE

 

Peter Briger Contiues to Excel at Fortress

Peter Briger became a principal at Fortress Investment Group in 2002, four years after the hedge fund’s founding. Briger joined Fortress after a long and successful career with Goldman Sachs, where he led the firm’s vaunted Special Situations Group. The group has long held a reputation as one of the most profitable and mysterious trading desks on Wall Street. The Special Situations Group invests in anything and everything, enjoying full license to take risks, provided that the group maintains its profitability. Peter Briger joined Fortress to lead its real estate and debt securities groups, two of the most profitable business at Fortress. Today, as head of the credit business at Fortress, Briger oversees approximately 300 employees.

Fortress is the first private equity fund to be publicly listed on a U.S. stock exchange. Today, Fortress manages over $40 billion of client assets, and was recently acquired by Japan’s Softbank Corporation in a deal valued at $3.3 billion.

Peter Briger generated high returns in the aftermath of the financial crisis. His strategy consisted of investing in distressed financial assets, finding bastions of quality or opportunity in the securities of companies that are out of favor. After the financial crisis, tightened regulatory rules forced banks to sell certain assets below their fair market value, and Briger was waiting to purchase and profit from those securities.

Peter Briger spends much of his time assisting various worthwhile causes. Since he graduated with an undergraduate degree from Princeton University, Briger made a large donation to help establish a fund that assists Princeton graduates in getting started as entrepreneurs. The fund not only provides the Princeton students with capital, but it enables them to share their experiences with future entrepreneurs. The fund provides recent alumni with up to $100,000 in funding for their new ventures.

Peter Briger also sits on the board of Tipping Point Community, a non-profit that combats poverty in the San Francisco Bay Area. Tipping Point gives impoverished Bay Area residents both financial and other assistance, including medical and other practical help.

Shervin Pishevar’s Dire Economic Warnings

Twitter is a pretty interesting place if you know where to look. Just check out the geyser of information that has erupted out of Shervin Pishevar. He takes aim at the economy, Silicon Valley, infrastructure, President Donald Trump, Bitcoin and more. It all stems from a 21-tweet explosion that took place over the course of a day.

Of course, Shervin Pishevar paused his Twitter rant so that he could enjoy dinner. Then he got right back on his smartphone to predict the demise of the American economy. The culprit? He thinks this administration’s trade war is partly to blame.

The ex-head of Sherpa Capital fired shots at Trump and his trade wars. He believes volatile trade coupled with a stagnant economy will cause a 6,000-point drop in the stock market. And he sees a sluggish economy as income inequality widens. His tweets illustrate that underemployment has become an accepted part of life and is now the new standard. All of this will lay waste to the American economy in a short period of time.

He also thinks Silicon Valley is going down. He points at five Silicon Valley companies as holding technological monopolies. He lists Alphabet, Amazon, Apple, Facebook and Microsoft as monopolies that are crushing innovation in the valley. He also believes that the innovative spirit that helped found Silicon Valley will leak out by calling it a borderless idea that is not tied to the valley. New innovations will wipe Silicon Valley out.

Shervin Pishevar is also prognosticating the fall of Bitcoin. The internet currency will plummet to just a few thousand dollars before recovering slowly for 24 straight months. And he sees the breaking of the bonds market as it tries to rally for a depressed economy. Eventually, it will collapse and it will take the equities market down with it.

This is some seriously bad economic news and it comes from a former Silicon Valley man. Shervin Pishevar was one of the early investors in Uber and he was the former head of Sherpa Capital. He knows this economy and its pitfalls so we may want to pay attention.

https://medium.com/@shervin