Category: Financial Planners

Portfolio Manager Sandy Chin Provides Some Advise On What To Do During Market Volatility

Prior to the government shutdown in early 2019, the prior 20 ones hadn’t had much effect on the U.S. stock market. One study said that the stock market has taken government shutdowns in stride despite all of the endless media coverage about them. The 2019 government shutdown has given a lot of economists pause, though, since it is the longest one yet. During this shutdown, many of them are wondering if things could play out differently this time.

Experienced portfolio manager Sandy Chin provided an informed opinion on what investors should do during volatile stock markets. She said while there are reasons to stay optimistic there are also reasons to be concerned as the shutdown continues on.

The stock market going down by a lot in early December was explained by many as something having nothing to do with the government shutdown. Once the shutdown was setting records, though, it was felt that the markets just couldn’t ignore what was going on any longer. The previous shutdown record had been 21 days, in 1995, and the current one has now entered its 26th day with no end in sight.

Sandy Chin has specialized in trading staple consumer stocks during her 20 plus year career on Wall Street. She established Tidal Bore Capital, a hedge fund she created in 2016. She serves as the brainchild of this organization and uses bottom-up analysis to inform her decisions.

She had been a senior analyst at SAC Capital Management. The first time Sandy Chin managed a hedge fund was at Visium Capital Management. She has also worked at Moore Capital Management as a buy-side analyst and at Neuberger Berman as a vice president and senior analyst.

Sandy Chin started out her career at Bank of America as a sell-side analyst. At her next career stop, Donaldson, Lufkin & Jenrette, she met William “Bill” Leach who would become her mentor. She worked with him for 10 years learning a lot about investing and how to study other business professionals.

Sandy Chin says that Bill Leach helped her advance her career. She was able to be promoted due to his advice and acquired new titles while she was finishing up business school. Sandy Chin says that going to business school while working fulltime was an arduous 2 and a half years but with Bill’s help she met both her professional and academic goals.

To manage market volatility she says you need to research the history of the stocks you are considering. She says you should collect as many professional opinions as you can so you can see if you’re overlooking an important detail. Sandy Chin also says you should invest in new stocks especially when established stocks, like Apple, go from a “buy” stock to a “sell” stock.

Peter Briger, Principal of Fortress Investment Group

A principal and Co-chairman of the board of directors of the Fortress Investment group, Peter Briger has worked his way up since March 2002. He started out on the board in November 2006 as a member and his leadership skills awarded by the election of the board’s co-chairman in August 2009.

Upon joining the group, Peter Briger started out in management the same month he joined. At Fortress he has been delegated the responsibility of Real Estate business and Credit.

His leadership traits and competencies were picked up and nourished along the path of his career which was groomed in Princeton University.

He graduated from this Ivy league with A B.A. He has also gone through the Wharton School of Business at the University of Pennsylvania, where he received an M.B.A. Peter was at Goldman, Sachs & Co, for Fifteen years before joining Fortress Investment Group. At Goldman, he became a partner in 1996. Moreover, Peter holds advisory roles on various boards. He serves in Tipping Point, non-profit organizations that serve low-income families in San Francisco.

Peter Briger also serves on the Caliber Schools board which is a network of charter schools that are dedicated to the preparation of students to be successful in competitive four-year colleges and forth. Mr.Briger is also a director at Princeton Investment Company.

His advisory services extend to board of advisors for Hospital for special surgery on top of being a member of Spearhead LLC where he is a member of the advisory board. Mr. Briger has also devoted himself to philanthropic causes outside his profession. The Silicon Valley has a leadership council for a Global Fund for children, which he is on.

A nonpartisan organization committed to educating and promoting a wider understanding and knowledge of foreign policy issues, to elected officials and among citizens called Foreign relations, has his services as a member of the council.

Peter Briger has booked a number for himself on the Forbes billionaires list ranking at number 307 in the 2007 list and with a net worth of $1.5 billion, his fortune attributed to being self-made.

He moreover had an interest in bitcoin that saw a meeting with executives of Wells Fargo. he referred to it as digital gold and an instant and cheap way to transfer money. This meeting ended inconclusively and gave Wall Street time to slowly develop this technology.Fortress Executives to Cash In $1.39 Billion From SoftBank Sale

He went on to say that wall street’s venture into this technology has only just begun.

Under such leadership, the employees have been happy and even known to recommend the company to their friends. they feel it offers good challenges and a learning environment. A Force of Innovation: Two Decades of Fortress Investment Group

Accident Claims Life of Talos Energy Worker

Talos Energy is a company based in Houston, TX. It’s one of the fastest developing companies in the Gulf region. Talos was formed in 2012 by two merger agents. After one year of service, the company bought Energy Resource Technology Company.Recently, the Federal Government is examining the death of one Talos energy worker. The accident took place on the south border of Texas. The employee whose identity was concealed died after the incident. It is believed that the accident happened while he was replacing an expired fire suppression kit. Reports from Interior Department’s Bureau of Safety and Environmental Enforcement, which was investigating the cause claimed that there was no any sign of fire or carbon emission that might have caused the accident. According to Talos, the worker was critically injured and later died.

“This is a dreadful incident, and we give our sincere condolence to the family, co-workers, and friends of our workmate,” Talos said in a statement.The dreadful accident took place while Talos was planning to be public. The company is purchasing Stone Energy in Louisiana. The budget cost is about $2 billion. The Stone Energy buying would take Talos public through a union that’s expected to be completed soon. Stone Energy has been running out of Lafayette for almost two decades. During this period stone energy has been running smoothly until the middle of last year where it went bankrupt. The downfall of oil price propelled the bankruptcy.

The company later picked last year. Apart from the accident, Talos suffered a significant blow in 2016 as it was penalized $4 million for defying government environmental and safety rules and regulation. The company declared guilty to illegally releasing waste materials into the Bay and flouting the government rules and protocols for repairing and the experimenting of blowout preventers — a tool invented to counter leakages of oil in the occasion of an accident. Talos energy should train their workers about safety measures when conducting repairs. Safety training is the only assurance of avoiding such fatalities in the future. Finally they should abide by the government rule to enhance smooth operations.

How Sheldon Lavin Expanded His Company, OSI Group

Sheldon Lavin is a Chicago area entrepreneur who started out his professional career in banking and finance. He put together business owners who needed to borrow money and people who would lend it to them. In the 1970s he shifted to the food industry when he took over partial ownership of a local company, OSI Group, LLC, and became its new chief executive officer.

When he took over management of OSI Group, the company at the time was primarily a supplier of fresh beef patties for the fast food chain restaurant McDonald’s. He knew the company could be much more than that, though. He signed contracts with other restaurants to supply processed food to. He also signed contracts with major grocery store chains where his company would manufacture the food that they would sell as their own private brand.

Since the 1970s, Sheldon Lavin has expanded his company to supplying food to clients throughout North America, Europe, and Asia. Today they process much more than ground beef. Among the many types of food his company processes there is pork, turkey, chicken, seafood, and vegetables. He has become an expert at operating a global supply chain and at tailoring food to meet the individual needs of each of his clients.

Sheldon Lavin has expanded OSI Group over the years both through organic growth and by buying other companies in the industry. For example, in 1996 he bought Moy Park in the United Kingdom which at the time was one of the largest poultry processors in that nation. He also bought Amick Farms in 2006 which was an American vertically integrated poultry business.

In more recent years, Sheldon Lavin was heavily involved when OSI Group purchased Baho Foods in Europe and Flagship Europe in the UK. These purchases were completed in 2016. At the time he said that their products meshed very nicely with what his company was already offering clients. He also acquired Hynek Schlachthof GmBH of Germany in 2017 which had been a privately held company. OSI’s Sheldon Lavin Receives Global Visionary Award

As an environmentally responsible leader, green innovation at OSI Group is a priority. His company is committed to reducing any negative impacts that its business activities may have upon the environment, in the soil, water, and air. He is also committed to being socially responsible and so has made many donations over the years to various charities such as the Ronald McDonald House Charities. Sheldon Lavin, Chairman And CEO Of OSI Group, LLC

The Musical Roots of Viper’s Cassio Audi

The role of Cassio Audi in Brazilian popular culture is now largely linked to the investment markets and the opening up of the financial industry in the nation to foreign investment. However, Cassio Audi should also be remembered as one of the founding members of the heavy metal band, Viper, who have cemented their position as one of the most influential and iconic groups in the history of Brazilian and global heavy metal. It is unlikely Viper would have developed into the iconic group they have become over the years without the work of Cassio Audi as a drummer; the contribution of Audi in developing a driving and contemporary tempo has become legendary for many fans of the band and heavy metal as a whole.

The genre of heavy metal is well-known for the success of many different drummers who have become iconic for fans across the globe; Cassio Audi was heavily influenced by the work of Iron Maiden drummers Nico McBrain and Clive Burr, whose drumming style can be identified by fans in the few recordings in existence of Viper with Audi on drums. Cassio Audi created his own style as a drummer while remaining rooted in the rhythms developed by British heavy metal drummers in the 1970s and early 1980s.

Before deciding to leave his musical career behind to focus on his academic studies and financial career, Cassio Audi made an impact with his playing on the recording of two heavily bootlegged demo recordings becoming known as “The Killera Sword”. After drumming on the debut album of Viper in 1987, Cassio Audi decided to leave his musical career behind to focus on financial industry success in the months prior to the recording and release of Viper’s second album, “Theatre of Fate”.