Ned Bittinger

The Business Side of Art

This content shows Simple View

The Future

Why Kyle Bass Seems Dangerous

Monetary interests can rot the most ethical of people. When a person has a lack of ethics from the get-go, money can exponentially advance the process. Kyle Bass is a frightening character in this regard, as he’s always had an air of suspicion about him.

In 2008, America hit an economic roadblock when it tried to push poor economic practices vis-a-vis subprime lending. Bass saw the troubles coming and predicted them, which quickly earned him national, and in some cases international, recognition. Bass currently maintains a hedge fund centered in Texas, but despite the initial fervor with which he expanded throughout the financial scene, his fund doesn’t seem to be performing too well. Yet Bass is continuously making television appearances, and all indications point toward increase of wealth on his end.

Certainly one reason he’s been able to increase in affluence has to do with CAD, the Coalition for Affordable Drugs. This organization uses political and legal shenanigans to cut prices on pharmaceutical organizations. The resulting stock drop among pharmaceutical agencies is something Bass is quick to capitalize on via short sold holdings. Bass basically uses the sentiment of the sick to manipulate the stock market such that he walks away with millions of dollars.

The problem has gotten so bad of late that congress actually becomes somewhat bipartisan concerning the issue. Bass isn’t doing anything illegal, but what he is doing has a distinct lack of ethics to it, and the result is gutting millions from the American economy.

Ultimately, Wikipedia shows Kyle Bass is beholden to Argentina. That’s where he’s from, and all indications point toward Bass being a lackey of Cristina Fernandez de Kirchner.

Cristina Fernandez de Kirchner is the socialist despot who currently presides over Argentina. She is responsible for defaulting the country two times in the last thirteen years, and her financial decisions are continuously negligent. Yet even though Bass made his mark on the financial scene by predicting faulty financial practices, his interdiction with de Kirchner seems entirely blind to her poor choices. In fact, Bass seems to endorse them, and continuously sings de Kirchner’s praise! This seems to indicate that Bass is a lackey of some sort for Argentina, and that his efforts in America financially have to do with economic destabilization. Socialism is all about facilitating a global revolution, and de Kirchner couldn’t really be a socialist if in some way that utopian ideal didn’t color her reasoning.

In the end, Bass must be closely considered and trusting him may not be the best idea.



Reifler Provides A Unique Perspective on Investment

Brad Reifler recently announced five important tips for investing. Now, the wealthy one percent of people have the money to use high-end investment services where the companies are able to provide them with investment tips, strategies or just invest for the individual. However, for the other 99 percent, this simply is not possible. That is exactly why Brad Reifler created these five tips, and talks about them on Twitter. This way, the average Joe is able to take his or her hard earned money and invest it with the best potential of receiving a quality return on investment.

For starters, he pointed out that it is important in regards to how the money is invested. Far too many people don’t think about the risks or the charges associated with the investment. All of this can lead to some rather big problems later on. So, by being careful and considering everything, investors can safeguard their money and avoid potentially devastating problems.

The next step he pointed out is to be concerned about the safety of the money. Knowing where the money is and how it is used or maintained is important. That is why someone should never just hand over their money to a random investor and assume they are going to take care of the money.

The third tip according to Brad Reifler’s about.me page in regards to investing is to not put all of a person’s money into the stock market. While the stock market is one of the most common investment platforms, it is not always the best. If the stock market crashes, a person runs the risk of having all of their investments drop off. By diversifying a portfolio, an individual is able to safeguard their money, so if one does drop out, they are not in big trouble.

Onto the fourth step, which is knowing who is going to be using the money for investments. Having a level of trust developed is a must. If someone does not trust the investment manager with their money, they should not move ahead working with them.

Lastly, the final step in the five tips Brad Reifler gives to the other 99 percent of people who are not necessarily able to afford the top of the line investment services, is to recognize why someone is investing. An investor needs to have a purpose. This might be to afford a new home or for retirement. Everyone needs a reason for the investment, as without one someone might lose track of why they are going after more money.

All of these tips should be taken to heart by investors.  Check out Brad’s Crunchbase site to see further information about what he’s done and where he’s going.



Highland Capital Management Reports Latest Holdings

Highland Capital Management is a hedge fund run by James Dondero. The fund has an asset base of $3.42 billion as the latest 13F form indicates. It’s a decrease of nearly $1.5 billion from the last filing. The Top 10 holdings comprise nearly 30% of its capital with American Airlines, Salesforce.com, and American Express among the biggest.

When it comes to sector allocation, the largest share belongs to Health Care (20%), followed by Information Technology and Finance (each 18%), and Energy (12%). The fund also holds various Exchange Traded Funds (ETFs) as well as options (both calls and puts). Among the biggest recent buys are calls on SPDR (Spider) S&P500 ETF and a purchase of Amazon shares.

The fund has also increased its stakes in American Airlines (calls), showing its bullish bet on this company. Another bigger bet was made on Salesforce.com.

When it comes to liquidating positions, Jim Dondero sold puts on XBI (a SPDR series), Nextpoint CR Strategies, Mckesson Corp, Envision Healthcare Holdings, and Laboratory Corp. Watch Jim and the Highland Team ring the NYSE Closing Bell below.

Overall, during the reporting period, there were 69 new purchases, 62 additional purchases, 119 stocks were sold out, and 80 positions were reduced. More details can be found on Octafinance website.

James Dondero is one of the founders and the current President of Highland Capital Management. Jim has over 30 years of experience in credit markets. He currently resides in Dallas, Texas, from where he oversees fund’s investment policy and operations.

The funds ran by Jim have have been distinguished in the past. Morningstar has given a 5-star designation for global allocation in 2014, and ranked Healthcare Long/Short Equity Fund as #1 the same year.

This article recapped http://www.octafinance.com/highland-capital-management-top-10-holdings-in-q3-2015/352793/



Marcio Alaor: Apple Acquires Technology Start-up Emotient

 

Apple, one of the biggest global technology companies, is always looking to improve its products by releasing new innovate features into the marketplace. One example of this technology is called “Touch” which is newly available with the iPhone 6S. This technology enables the phones user’s fingerprint to access smartphone functions. In the year of 2016, says Marcio Alaor director of Bank BMG, it is clearly obvious that Apple is committed to innovation as the companies most recent acquisitions indicate.

Apple recently acquired Emotient, a technology startup company that raised $8 million dollars from private investors. It was reported that Apple was interested in the company because of its artificial intelligence technology that is capable of analyzing both emotions and facial expression. Apple’s interest in facial recognition technology is not a new thing. In 2014, notes Marcio Alaor, the company purchased a patent for the identification of mood and facial expression. As of now, one can not be certain why Apple chose to purchase Emotient and the possible impact this might have on newly launched products by Apple this year. However, it is evident that the technology giant wants to include the latest technologies in its devices.

In addition to Apple’s interest in facial recognition technology, the company has purchased patent rights that would enable them to develop smartphones and tablet devices that feature “self-repair” technology. According to recent reports, notes director of Bank BMG, Marcio Alaor, the primary aim of this technology would allow the company to develop devices that can identify and fix operating glitches automatically. This feature could help protect the phone from water damage, notes some technology experts, according to Marcio Alaor. The device for example, could remove water from its interior before lager problems could develop.

In other envisioned scenarios, an Apple device with a “self-repair” feature would be enabled automatically during the times when the smartphone or tablet was on standby.

Marcio Alaor, says that facial recognition technology and self-repair technology at Apple are in early stage development and there is no set date for this technology to be released to the public. Notwithstanding, both of these investments by Apple seem to reinforce the company’s desire to remain at the forefront of the technology market, and could hint to new product features that may be released in the very near future.

Marcio Alaor is considered one of the top managers at BMG Bank. The mining bank is one of the largest banks in Brazil. BMG sponsors more that 39 professional soccer teams and is a household name in Brazil.




top