Monthly Archives: April 2017

George Soros, Shaping the Future

George Soros has made a name for himself. He is often known for supporting human rights initiatives and good governance all over the world. George Soros was born in Hungary during the Nazi occupation of the Hungarian territories. He fled Hungary to England where he enrolled in the London School of Economics. He got a job as a finance officer at a merchant bank.

According to Forbes, he relocated to New York where he started his hedge fund in 1969 with $ 12 million after joining Wall Street. After a while, the firm was re-branded to Quantum Fund. Years later, Soros still command respect in the investment industry through Soros Fund Management. Through his family office, he owns $30 billion in assets. Soros hired Dawn Fitzpatrick, one of the most prominent women in Wall Street, to manage his Soros Fund Management as its Chief Investment Officer. Since 2000, Fitzpatrick is the seventh CIO. He is also a supporter of the liberal causes and has been a fierce critic of Donald Trump and his policies.

During 2016 United States Elections, Soros re-emerged by giving financial support to the Hillary Clinton and other Democratic candidates and the top bogeyman of conservatives. According to the information obtained from the Federal Election Commission and Soros’s associates through interviews and Democratic fundraising operatives, Soros gave over $25 million to Democratic Party causes. Soros made about $ 24.9 billion through risky currency trading and was expected to provide even more before the voting day.

It was during this particular election period that Soros seemed to have a renewed enthusiasm and combination of faith in Clinton’s candidacy and the pessimism of the GOP candidate rival Donald Trump, whom Soros accused of doing the hard work for ISIS by cultivating fear. According to Soros’ political adviser Michael Vachon, Soros had been giving financial support to the Democratic causes. However, in 2016 stakes seemed to have gone very high. He added that even before Donald Trump being confirmed as GOP candidate, the stakes were high. Vachon highlighted that the other side became opposed to many issues that George cared about and has made efforts to improve for many years. These items include the immigration reforms, religious tolerance and justice reforms.

Read more on Snopes about George Soros.

The 2016 motivation by George Soros to contribute toward the Democratic causes are similar to those in 2004. Soros was genuinely motivated by the opposition to the Iraq War and other Bush Administration policies which led him to support the liberal groups and John Kerry’s unsuccessful challenge to Bush’s return to power. Soros’ powerful inflammatory rhetoric accompanied the spending; he stated that the Bush administration was similar to the Nazis and insisted that defeating Bush as a “matter of life and death.” His opponents attacked him viciously by casting him as self-hating Jew amongst others. Despite the personal attacks on him, Soros has always been committed towards making life better through reforms. Read more on NYTimes.com.

Could Warren Buffett Be Wrong?

Tim Armour offers an opinion that differs from that of Warren Buffett, arguably one of the most highly successful investors.

It is the opinion of Mr. Buffett that for most people they will have more successful investing if they simply invest in an index fund, such as the S&P 500. While there is no arguing about the success of that idea, it is not the most successful way to invest money. Mr. Armour humbly offers the argument that low cost funds that have high investment buy-in by their managers will outperform the S&P 500 over time. It is a time proven and compelling argument that any investor should investigate.

Tim Armour was elected chairman of the board to Capital Group on July 28, 2015. At the time of the election Tim Armour was already serving as chairman of the management committee. Tim was given the promotion after the passing away of former chairman Jim Rothenberg. He was supported during this transition by the other senior committee members at that time.

Currently Tim serves as the chairman, Director, and Principal Executive Officer at Capital Group. He joined the Capital Group Companies in 1983 in their associates program after receiving a Bachelor’s Degree in Economics from Middlebury College. During his time at The Capital Group he also served as an Equity Investment Analyst in communications. All of this coupled together provides Tim with a very deep well of investment knowledge.

The rise of Thor

Imagine looking up and seeing the horrors of the world and thinking about what can be done. There are people who take action in some way or another, Thor is that kind of person.

Thor is a film producer who is focused on the issue of human rights. One of his best-known works of art is Freedom’s Fury and he is currently working on The Moon is a Harsh Mistress which is an adaptation of a Robert A. Heinlein’s science fiction novel. It is hard to remove Thor from his human rights advocacy because it informs all of his work. Since March 2004, Thor Halvorssen has been on the Board of Advisers for FIRE, which is a human rights movement that is working around the world to fight for freedom of choice and freedom from tyranny.

In 2009, Halvorssen founded Oslo Freedom Forum, which is a global gathering and participation of human rights activist from around the world. Oslo Freedom Forum has even been called the “Gathering of Heroes” by news editorials around the world. The main goal is to make sure that the agenda of human rights is not being brushed off or put to the side. There are too many people that are suffering from various human rights abuses, Thor Halvorssen wants to make sure that voices are being heard from inside the struggles.

The Children’s Peace Movement is also a project near and dear to Thor. He is always looking to expand his role in human rights initiatives, especially those involving children. There is also a documentary that has been produced that speaks to the involvement of children in human-trafficking that helps in the Children’s Peace Movement.

Other works that Thor has been credited with as producer are Indoctrinate U, Hammer & Tickle,and The Sugar Babies. The topics ranged from documentary on the left-wing anti-intellectual movement to human-trafficking. The horrors of human crises seems to be an overwhelming concern for Thor. It is possible that as the need for such information is being written by others and produced by Thor Halvorssen, many of these issues will start enlisting champions willing to fight alongside others already in the fight.

http://www.huffingtonpost.com/thor-halvorssen for more.