When Randal Nardone came up with an idea of starting a company, he knew that he will face a lot of challenges and hurdles on the way such as competition. Nevertheless, alongside Wes Edens, he decided to start the company which now goes by Fortress Investment Group. Currently, he is the Chief Executive Officer and co-founder of the company since 2013.
Randal Nardone has a vast experience in finance and even before founding Fortress, he had worked in the field for a while. He has been part of the growth of Fortress Investment Group, a company that has managed to offer the best investment management services to their clients.
Nardone has been able to demonstrate high levels of experience and skills in the finance industry. Over the years, he has tremendously build his career and gained more experience as a financial expert. Having held various executive positions, he has formulated financial strategies and implemented them to make the company maintain its gradual growth.
Being at the managerial level of Fortress and other companies such as Springleaf Financial holdings, he offers advice rich in ideas and wisdom to companies and clients who come to him. Therefore, apart from his duties at Fortress, he has worked to improve the financial industry as a whole in the course of his career.
When he was young, he did not hope to be a financial expert. He joined Boston University School of Law where he acquired his law degree. Afterward, he enrolled in University of Connecticut where he earned his bachelor’s degree in English and Biology. However, after working in the field of law for some time, he realized the financial sector has many opportunities and he got to learn the relationship between law and finance. He got interested in the financial field and switched his focus and concetrated in the field of finance.
Randal Nardone is a Principal and Director in Fortress Credit Corporation, the President and Chairman of Springleaf Financial Holdings, LLC, Director of Eurocastle Investment Limited among other 4 positions and many affiliations in different companies.
Courtesy of Wes Edens and Randal Nardone, Fortress Investment Group has grown to be a worldwide Investment company with many affiliations, branches across the world as well as partnerships.
Fortress Investment Group was recently acquired by SoftBank. Nardone is very optimistic about the deal and he said that it will make Fortress even stronger and access to much more credit sources.
Sheldon Lavin is a longtime serving chairman and CEO of OSI Group. He has held this position since the 1980s. He joined OSI Group in 1975 after quitting his job as a bank executive. He joined OSI as an equal partner a role that helped the company during its initial days. Under the leadership of Sheldon Lavin, growth has been phenomenal. The company has grown from a small company to one of the largest food companies in the world.
OSI Group started as a small butcher shop in Chicago, then grew into a regional supplier of meaty to the McDonald’s before becoming an international brand that is now operating independently. OSI is in 17 countries and has over 65 fo0d production plants.
Sheldon Lavin found the company at a point where there was a need for skilled and experienced leadership that would take the company to the next level of growth. After joining the company, he proved to be that person who would lead growth in the company and make it a leading business. In fact, at the time he joined, the only client at the time- McDonald’s, wanted him to take over leadership at the company since they needed a reliable hand in leadership since OSI was one of the key suppliers.
Sheldon Lavin helped OSI with capitalization when it was expanding its facilities to meet the food demands of the McDonald’s. As a bank executive, he processed the payments that enabled OSI to build its first food production plant exclusively to supply the McDonald’s.
At first, Sheldon was offered an opportunity to serve in the company but declined the offer, however, when the company decided to go international, he accepted the offer and became an equal managing partner.
Sheldon Lavin has been serving this company with dedication. He has insisted on results, and that is why it now a leading company globally. Even after the other two partners left the company, he stayed on and helped in accomplishing the company’s goals. He says the only reason that made him stick with the company was the confidence he had in his capability to make the company great.
1. Lavin is a true demonstration of entrepreneurs who believe in a cause and live it. He has managed to make OSI multi-billion dollar business by believing in his abilities to succeed. The company now is expected to record further growth in his twilight years in the company.
Have you ever had the pleasure of shaking a corporation’s hand? Ever taken a long walk on the beach with a big business? Or have you ever had a deep, late-night conversation with a corporation?
You have obviously answered no to each of these questions. That’s because corporations are not people. You can’t shake their hand, take a walk with or converse with them. But, according to a 2010 Supreme Court decision, corporations are people.
It’s one of the most ridiculous things I have ever read. Antonin Scalia wrote to the prevailing opinion for the five conservative justices who voted that corporations are people with First Amendment protections. Yup, you’ve read that right. Corporations are people with the same rights as you according to the American government.
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It may all seem laughable but the ramifications of this decision are dire. Big businesses, according to Citizens United, express their freedom of speech using cash. That means the spending of cash to influence elections cannot be abridged. You know, because corporations are people.
That’s why I would like to introduce you to End Citizens United. It’s pretty easy to figure out what this political action committee wants. They want to end Citizens United. The group was put together in 2015 in response to the deterioration of our democracy at the hands of this unbelievable decision.
End Citizens United has a comprehensive plan to end Citizens United. The grassroots organization works with people on the ground in local communities to pass campaign finance laws. They also put the full weight of their fundraising capability behind Democratic candidates who are opposed to the decision. And they even have a long-haul plan to completely eradicate the damaging effects of Citizens United.
End Citizens United is also serving as a financial watchdog against conservative candidates such as Rick Scott in Florida. They’ve blown the whistle on his campaign fundraising already by illuminating the fact that he’s taken $3 million from people he enriched while governor. The Political Action Committee has descended upon Texas to help Beto O’Rourke as he tours Texas trying to defeat GOP incumbent Ted Cruz.
Randal Nardone is an entrepreneur, attorney and long time investment firm executive. Over the course of his career he has worked in both the legal and finance fields. His experience in both of these fields has enabled him to establish himself as a highly competent professional and entrepreneur. In his career, Randal Nardone has held a number of top level managerial positions that have allowed him to develop as a leader. While he was in the legal field, he would serve on a top managerial committee. In finance, Randal held numerous positions that included positions such as chief executive officer and managing director. During his career, Randal would accumulate a vast amount of wealth and be recognized as one of the richest billionaires in America.
Prior to beginning his career, Randal Nardone completed bachelor’s degrees in English and Biology. These degree programs would allow him to qualify for law school. After graduating from the University of Connecticut, Randal went to study law at Boston University. He would complete his law degree and then look to pursue his career in law. While becoming a lawyer was his main career goal at first, Randal eventually decided to work in the financial sector as both a top manager and an entrepreneur.
For several years, Randal Nardone worked at a top law firm in New York City. He would practice as an attorney before getting more involved in the top managerial positions at the firm. Nardone served on the firm’s executive committee along with holding the position as a firm partner. As a member of the executive committee, he would participate in providing management decisions as well as overall strategy to help the firm with expansion and legal services.
Nardone moved on to pursue a career in finance after working at the law firm. In the financial sector, he would co found Fortress Investment Group as well as holding high level positions at Blackrock Financial Management and UBS. Randal served on these firms as a managing director, a principal and as a chief executive officer. These positions enabled Randal to exhibit his leadership skills and expertise in order build them into top performing asset management firms.
Whitney Wolfe is an extraordinary businesswoman, honored with the prestigious 30 Under 30 distinction from Forbes magazine in 2017 and named in Time Magazine’s 100 most influential people, she is best known as Chief Executive Officer and founder of Bumble. Born in 1989, this American entrepreneur recently wed husband Michael Herd (oil heir and restaurateur) in spectacular fashion in southern Italy. See more of Whitney Wolfe at Business Insider.
For those of you who have not yet heard of its amazing success, Bumble is a unique dating app that was created with the wants and needs of women in mind. After a match is created by two individuals the woman is required to initiate the first contact if she wants to get to know the man. If the woman chooses not to send a message after the match is made, it simply disappears. With over 35 million users in 160 countries, Bumble has been an incredible success.
Whitney Wolfe had a strong desire to create a dating site that empowered women, and she has done precisely that. After struggling in her own personal life with sexual harassment, stalking, and threats Wolfe is keenly aware of how empowering the woman making the first move to get to know someone better can be. As co-founder of Tinder (with which she is no longer associated) Whitney Wolfe wanted to create a site that operated under a different vibe than the traditional dating app. Bumble banned the extremely popular shirtless mirror selfie from profile pictures and works diligently to ensure that no unsolicited photography is sent to women through their app.
Whitney Wolfe has also launched spin-off sites from Bumble to capitalize on the market of individuals who are seeking platonic and professional networking connections. In addition to these ventures, Wolfe was just added as a non-voting member to the Imagine Entertainment board of directors. Imagine Entertainment is the brainchild of Ron Howard and Brian Grazer. Started in 1986 this American film and TV production company states that they feel Whitney Wolfe will create a broadened dimension to their company as an original thinker and visionary with fresh perspective. Read more: https://www.crunchbase.com/person/whitney-wolfe
Every day, people are waking up to new methods of scams used by criminals. Due to this reason, a majority of the population do not rush into new investments for fear of loss of their hard earned money. By now, the term “freedom checks” is not new many. For those who wish to know more, you should first understand that it is very legal and not a scam at all.
One Matt Badialli, who is a geologist and has a master’s degree in earth science, is the founder of freedom checks. In the effort of confirming the legality of coal mines and sources of fuel, Badialli travelled around the world during his studies. He got a lot of information as he interacted with CEOs of big energy companies around the world. In the year 2008, Badialli bought energy stocks which costed him $0.06 each. He did this even after his family and friends advised him not to. Contrary to their expectations made a clean profit of 4,400% after selling the stock at $2.64 each.
The initial thought of people when they hear about freedom checks if free money. However you have to invest in Master Limited Partnerships to get their payments which are the so called freedom checks. Many might ask, why MLPs? Well here’s why.
The congress, in the year 1987, passed an act which allows MLPs to operate without paying tax. However, this can only happen if 90% of their revenue is generated through processing, production, transportation and storage of oil and gas in the US. The other requirement is that the MLP must pay at least 90% of the income they get to their investors. The checks in this case are what Matt Badialli refers to as freedom checks.
Energy companies are among the best to make current investments in because with the increase in human population, there will be increase in demand for energy. If you are wondering how as an investor you will get your freedom check, well no need to worry. Just like any other check, it will be mailed to you or you can have your broker deposit your returns in your account.
Sahm Adrangi founded Kerrisdale Capital nine years ago and they handle approximately 180 million dollars. Kerssidale is in the business of short selling. They began this in 2010 when they started posting their research. They decided to move in this direction because of all of the short sales that were occurring in fake Chinese businesses. This is also why Sahm Adrangi has steered Kerrsidale towards mostly US businesses.
Kerssidale Capital does research on these short sales and offers their findings through many different mediums such as on their website, through Seeking Alpha, on their Twitter page, and on programs on CNBC or Bloomberg. Kerrsisdale also has an email subscription service and those who are interested in the research can receive it through email after subscribing.
Recently, Kerrsidale Capital and Sahm Adrangi have been working on short sales and ad fraud. Ad fraud is defined as fake news that is represented through online advertisement that generates fake clicks and traffics for companies to generate revenue. This means that the advertisement that companies are paying websites to display are not being shown to actual customers. The only traffic that visits these sites and sees the advertisements that are being paid for are other computers and bots. These fake websites do not contain any content; they are filled with advertisements that no one sees.
The more and more this occurs, the less and less companies will be willing to pay for ads, and this hurts the publishers and others who are actually displaying ads on their websites. There are also instances when real customers are visiting websites and clicking and viewing videos and ads and fraud is still happening. Behind these videos and ads are more videos and ads that are not being seen by anyone.
Sahm Adrangi believes this is a real problem, but it can be corrected. He says that the clicks and views that advertisers pay for can be looked at more carefully. By dissecting who, or what, is watching the videos and adds or clicking on them, there can be transparency in the world of online content and media.
Upwork is one the internet’s most popular freelancing websites since the beginning of the internet age. The platform was founded 1999 under the name Elance. It later merged with another system named O-Desk, and eventually in 2013, it would become known as Upwork. The company boasts having one of the highest freelance user bases around the internet. They recently shared a blog post regrading to-do lists to help their user become better organized.
Every single freelancer needs a to-do list in order to stay on top of the daily tasks. To help its users, Upwork shared a blog post that lists 10 ways to optimize list making. The top tip is to simply write down everything. Recalling each and every thing to do is impossible. It also keeps everything all in one place. Preparing the list in advance is also vital for planning time effectively and deciding which tasks should be done before others. The to-do list is only as effective as the person carrying out the tasks.
It is important to keep re-evaluating the list as tasks are cleared. Sometimes bigger tasks can be split into a series of smaller tasks. That way bigger task becomes less stressful and the user can better pace themselves. For some people, tasks might actually be able to be completed in batches if they involve something similar or are in the same location. However, always make sure to not over extend yourself. Doing too much will lower productivity levels and throw off any future tasks.
Freelancers often have a long list of tasks that need to be completed. This blog post will help users get a handle on creating, sticking to, and allocating resources to completing tasks in a efficient manner. Upwork users are competing against each other for work tasks, thus time efficiency becomes critical in trying to optimize work time. Many users will come out of the blog post with something new to consider.
Since Stream Energy started their business, they knew they wanted to help their customers and give back to them no matter what they had to do. The company relied on what they could do to help others and they knew it was their opportunity to do the best job possible. Between their hard work and the experiences they could create for other people, the company saw the options they had as a chance to do things the right way. They also knew that the industry would constantly change so they had to prepare for that with all the options they offered their clients. Things would change and they’d be able to do more to help people with the difficult parts of their lives. With their help, others would have the chance to try things that would actually be able to help them in the future.
No matter how hard the company had to work or what they had to do to make things work the right way, Stream Energy knew they were doing everything they could for their clients. They focused on helping them so they wouldn’t have to worry about how they were going to give back or what they were going to do while they gave back. It made sense for them to always do things the right way. By the time the company helped other people with their energy needs, they could show others there were positive experiences that came from what they were doing.
After the industry standards changed, people began seeing them as a way for the company to continue offering things. While Stream Energy started offering philanthropic opportunities, they knew what their clients needed. It made sense for them to always give back and always give people the things they needed that would help them. Even after Stream Energy was featured on the Patch article, they realized they got more from different opportunities. It made sense for the company to keep doing things that would help people make a valuable connection with everything they did in the industry and for their clients who needed them.
The CEO of a successful financial company who gets the company going by taking a “boostrapping” approach is someone who is sure to get the attention of market watchers. This is especially true when the company, in this case Greensky Credit, enjoys unprecedented success before the CEO finally decides to file for an IPO. In this case, the CEO is Atlanta-based real estate billionaire David Zalik, and right now Zalik is considering putting forth an IPO at a company valuation of $5 billion, to raise $1 billion. That’s a lot of money for a home improvement loan startup that launched back in 2007. According to a recent article in Forbes Magazine, however, these are indeed the moves Zalik is making, and if all goes well, Greensky Credit will be looking very good to investors in the near future.
Making Its Own Rules
Greensky Credit is getting a lot of attention these days for the unusual way that Zalik has built this highly successful financial technology company. Unlike other companies of this type, Zalik has always worked closely with banks, and right now the company gets a 1 percent share of the company’s yearly loan value back from the banks in exchange for its work in arranging and servicing loans. Right now, the client roster for this successful startup includes a long list of affluent borrowers, and the company is looking very stable.
Zalik ran the Greensky Credit for many years using his own “bootstrapped” funds, and he didn’t take any outside cash until 2014. By keeping things going this way, he avoided the danger that hit many startups of blowing through their $30 million funding by spending it on frivolous non-essentials. For Zalik, keeping a company lean and mean is the key to long-term success, which is why today many market watchers are very bullish on this attention getting financial success story.