Sahm Adrangi Wants to Inspire People to Work on Wall Street

Working in investment banking is not one of the things that most people decide on doing after they graduate from university. Neither is working for hedge funds, but many people have a talent for this kind of business. One of them is Sahm Adrangi who is the founder and CIO of Kerrisdale Capital Management. He has experience in work concerning stocks, trading and credit analysis. His colleagues and competitors noticed his work on Wall Street, and it was not easy to enlist his help before the retirement or extended sabbatical he decided to take and leave New York City for the time being.

He spent time working on different projects concerning bonds before branching out in the credit section of the market. Later he worked on a three billion dollar hedge fund before working on a couple of writing pieces about the industry, using his experience to praise and criticise companies and trends on the market.

After that, the career path took a turn, and he worked on a credit team for a company called Paulson & Co as well as Bowery Investment Management. However, life had other plans, and he decided to quit the experience and the city. It was mainly the hours and the lifestyle in general. Working on Wall Street can seem fun for a lot of people, but it is also very demanding. High stress and high pace environment are not the easiest to live in for a long time.

However, he does not have a wrong word to say about the life. One of the most critical aspects is loving the job you do and be passionate about investing and looking at the numbers every day. It is not a life meant for everybody, but those who enjoy the kind of work most of the time are positive about the outcome. Taking a break is also an important thing as well as knowing when to quit. Adrangi wants to encourage and inspire other people to give trading and investing a chance if they think there is potential. It is a competitive environment, so people have to bring their A game.

For details: www.facebook.com/sahm99

Vijay Eswaran: an Underdog Story

Vijay Eswaran’s story begins similarly to most of ours; he merely had a dream for what he wanted in life, and worked at it, driving a taxi for the longest time before being introduced to network marketing, and ultimately finding success in that field; he is now, noticeably, worth millions and is a dedicated philanthropist, giving to charities that he is passionate about, providing scholarships to need-based and worthy students, and, through his QI Group, is now working to build a $1.2 billion dollar school so he may give back to the society that enabled him to be as successful as he is.

But of course, he didn’t get there simply by fate; he had to dedicate himself fully to his success, even if it meant cutting loose from a few things.

Vijay Eswaran grew up in a family that conditioned him with the belief that only by going to school and landing a 9 to 5 job could he be successful in life, but after being introduced to MLM jobs during his time obtaining his Master’s and it became a profit machine for him, he knew he had to let go of his old beliefs and take charge of his own fate.

Vijay Eswaran also learned that he needed to serve others; starting an MLM business as he did requires working with a close-knit community of people and serving their needs above his own, therefore increasing his level of success and propelling him where he needed to be. He also found that giving really is better than getting. By donating to charities he believed in, he found his profits going through the roof! Read more: Dr. Vijay Eswaran – Co-Founder and Executive Chairman of the QI Group of Companies

Other mini-lessons that made him successful included simple moral standards that go a long way; being truthful about what you sell, persevere when it gets tough, put time in, and ultimately, catalyze your own change in your own life. No one else is here to do it for you.

Because of these beliefs and attitudes, he and his QI Group are insanely successful and aren’t even close to achieving the heights that are possible through hard work, team work, and not quitting when the heat turns up.

Learn more about Vijay Eswaran:

3 More Years: NYCFC Owners Man City and Vijay Eswaran’s QNET Extend their Partnership

James DonderoAnd His Investment Strategies At Highland Capital Management

Highland Capital Management is one of the largest hedge funds in all of America, and it is a large place that has been diversified many times over the years. There are many different people who will find it easy to ensure that they are given the best services with their hard-earned money. This article explains how James offers better services to all customers, and it gives a look at what the company does to diversify its investments.

#1: The Company Has Investments Everywhere

There are quite a few investments that may be made around the world through the company, and each of these investments will ensure that the customer is earning more money through their account. Diversifying the accounts of each customer is simple because HCM remains diverse around the world.

#2: The Company Is An Alternative Thinker

The company has been based on alternative thinking that James Dondero has used through the years to make changes to his investments. There are many things that James has done to ensure that his clients are earning more money, sand he often sees reports of the movements his company has done. What HCM does is of great interest to make people in the world of investment, and it is important for James to ensure that he is adjusting to the marketplace.

#3: How To Plan For Investments

James hires many of the finest analysts and brokers in the world, and they are all placed in the HCM office to aid clients. The clients who come to HCM to earn money, and they will learn from the associates what their next best step in the process may be. There are several different people who will benefit from what the company does because they have a broker on the other end of the line they trust.The HCM difference is in how it plans its investments. James Dondero runs the company in a style that is appropriate for every customer, and he works quite hard to ensure that all his clients are given the information and investments they need for the good of their financial future.

Source of the article : https://www.bloomberg.com/research/stocks/private/person.asp?personId=2159086&privcapId=37846394

 

Highland Captial Managements New Position

James Dondero co-founded Highland Capital Management in 1993. The company is based out of Texas and focuses on public equity, structured investments, distressed investments and fixed income. Their current portfolio has a value of approximately $2.44 billion.

 

There has been a change in their Nexpoint Credit Strategies with the fund now holding 793,036 company shares. This is a total of five per cent of their current outstanding common stocks. James Dondero owns 3.01 million shares of the stocks for Nexpoint Credit. This totals 18.8 per cent of the total company.

 

By the third quarters end the ownership of $11.68 million worth of Nexpoint’s shares were reported as owned by Highland. They purchased 20,286 new shares making them the biggest holder in the company except Morgan Stanley who owns $16.77 million in shares.

 

The fund for Nexpoint Credit Strategies is closed and has beaten all of the other bond indices. They are still in the upper ten per cent of all Closed End Funds. They were split into two different companies who were publically traded in 2016, Nexpoint Residential Trust and Nexpoint Credit Strategies. Their portfolio has a value of $600 million with net assets at $382 million.

 

James Dondero has accrued more than 30 years experience in equity and credit. His focus is mainly on distressed and high yield investments. Since Highland Capital was founded in 1993 they have pioneered the development of Collateralized Loans for the purpose of developing solutions for credit oriented retail and institutional investors throughout the world. Their products include CLO’s, REIT’s private equity funds, institutional separate accounts, ETFs, mutual funds and hedge funds.

 

James Dondero was a graduate of the University of Virginia. He received the highest possible honors of Beta Alpha Psi and Beta Gamma Sigma. He had two majors in Finance and Accounting while attending the McIntire School of Commerce. He is certified as a Certified Public Accountant a Chartered Financial Analyst and a Certified Management Accountant.