Ted Bauman is a man whose life experiences have led him to believe that society should take care of those who lack the advantages of the elite. At a young age, he worked physically hard at entry-level jobs. These humble jobs would instill in him a true respect for those who lived paycheck to paycheck. As a young man, he went out to see the world. He did work for Habitat for Humanity in Central America. He would earn his Economics degree while studying in South Africa. In his professional career, he worked in many nonprofit organizations and took leadership roles in housing projects for the poor. After many years of building his resume all over the world, he returned to the United States and is currently a contributor for Banyan Hill Publishing.
Ted Bauman is an expert in wealth preservation a low-risk investing. He believes in a level playing field where it is not only the savviest investors who can do well for themselves. One piece of investing advice he gives is that investors should not shy away from bonds. Many people will go straight to putting their money in stocks, avoiding bonds altogether. This is because many people don’t understand how bonds work. Ted Bauman points out that in times of market turmoil bonds are a cushion in a financial portfolio and that there should be a proper weighting between bonds and stocks. Bonds pay interest and can provide an individual with an income stream.
Ted Bauman is also a believer in keeping a portion of one’s assets out of the reach of a financial institution. He wrote an article about a relative who had kept assets outside the banking system. Although his relatives’ assets were safe, he did believe his relatives’ wealth was vulnerable in a disaster and provided common sense advice for individuals to safeguard their wealth. He says an individual should have a fireproof and waterproof lockbox at home and keep a small percentage of their liquid assets there. He then points out that the very safest thing to do is to store a good portion of wealth in independent vaults that don’t have reporting requirements.
Sheldon Lavin is the Ceo of OSI group this was propelled by his humble beginning of the world largest food company. The following are some of the factors that enabled him to emerge the CEO of OSI group.
The development of OSI groups: The group was started by two brothers who used to supply hamburger to McDonald.Later in the 1970s, Sheldon Lavin joined the two brothers and greatly contributed to engaging in the global market and this resulted in an expansion of the company to other countries like Germany, Spain, Brazil. Sheldon Lavin was aggressive to ensure that the company was growing and he also added poultry operations in other areas of the world. Sheldon pushed on OSI group to achieve development demand by extending the company to America and Japan. In Japan, he opened a beef processing company.
Collaboration with the United Kingdom: OSI group collaborated with the United Kingdom which stretched out the supply of beef all over Europe. The OSI group was able to hit their target and it became beneficial to them to expand the company. This collaboration assisted Sheldon to achieve the success of the OSI Group in many countries. Sheldon Lavin as the CEO of OSI group was able to acquire Tyson production firm which was an advantage to OSI group and contributed to the growth of OSI group in large extent. Sheldon continued to acquire more plants like Baho firm which dealt with meat production in Netherlands and food production, He also acquired slaughterhouse in Germany which increased the meat demand. Through this acquisition, it contributed to the growth of OSI Group.
Sheldon Lavin joined OSI group with his previously gained experience and skills from banking sector.H e became successful in taking OSI group to another level. In 1970 Sheldon was able to get half of the shares of the company after the other brothers decided to sell the shares to him. Sheldon, later on, gained 100 percent of the company after the retirement of one of the brother. Sheldon continued to expand his company to another level. He added 20000 employees all over the world he is very contented despite the challenges he faces like language differences oceans and distances. Sheldon still holds on maintaining the culture of the company. At his age of 85 years old, Sheldon he has no plans to relent and he is very focused and committed to fighting environmental hinderances.
Wes Edens is one of the co-founders of Fortress Investment Group, an asset management firm that has its head office located in New York City but has expanded to offer its products and services in other parts of the world. Being one of the executive members, Edens has played a vital role in the expansion of the company by ensuring that he advises the company on when to invest and when not to commit funds in various investment opportunities. Wes Edens has been tasked with conducting the market survey about various assets and how the company can invest to maximize its output both in the short term and long term. Given that he has a high affinity for underdogs, Edens has been advising the organization to invest in those investment opportunities that other investors are likely to be turning away from. For example, Edens advised the company to invest in alternative assets that are currently being disposed of by other organizations.
The assets are of low value, and the company can acquire such assets at discounted rates. It is also assumed that Wes Edens is the one who advised Fortress Investment Group to invest in building a rail network in one of the cities in an age where companies are manufacturing self-driven cars. It looks funny that a company can be committing funds to build a common rail network while other investment companies are building Hyperloop and other massive infrastructure projects in the country. It is through these risky decisions that Fortress Investment Group has been able to accumulate large amounts of assets. The company later sold all the alternative assets at higher prices when the demand for such assets changed.
The company gained higher returns by selling such assets to the companies that were willing to part with vast amounts of money. Edens has proved to be a shrewd investor when investing in such risky assets. Wes Edens has also been quite instrumental in the participation in philanthropy. Despite being a billionaire, Wes understands that the underprivileged individuals can also get to the same position given the required support and guidance. With this understanding, he ensures that he assists these families by providing education funding to their children in the quest for a bright future for the families. He also assists the families by providing them with the basic needs that they require to survive in their conditions. This encourages them and gives them hope for life.
Wes Edens is the co-founder of Fortress Investment. He serves as the company’s Chief Investment Officer investing in transportation, infrastructure, real estate, healthcare, financial services, and media. He is also the president of private equity, private and principle Chief Investment Officer, head of private equity, co-chairman, and Co-Chief Executive Officer. Wes Edens co-founded Fortress Investment in 1998. He had served as a partner at BlackRock Financial Management. He was also the managing director of the company. Even before that he was a partner and managing director at Lehman Brothers. He helped Fortress to buy Springfield financial Services. By 2015 the company had a value of $3.5 billion in assets. Fortress also bought Centex Home Equity.
The company later changed its name to Nationstar Mortgage where Wes Edens serves as the chairman. He started at Oregon State University where he graduated with a degree in business administration and finance. Fortress Investment has been a trendsetter since the time it was formed. This has been shown by its Initial Public Offering (IPO) in 2007. At this time it was the first private equity firm to go public on the New York Stock Exchange. The company directs over $43 billion in assets for hedge funds, permanent capital vehicles, and private equity. The company has its headquarters in New York where it employs over 900 employees. Currently, the company has three principals who are, Wes Edens (current principal), Rob Kauffman (who is retired) and Randal Nardone (current principal). Together the co-founders have put in a lot of time and experience into the success of the company.
The core areas of expertise that Fortress Investment Group specializes in include:
Corporate mergers and acquisitions
Sector-specific knowledge of companies and institutions
Its asset investments through credit funds and private equity are made of financial vehicles, capital, and real estate. The company has a lot of expertise in managing financial and physical assets, financing, owning, and pricing. Fortress has created tools that have enabled it to excel in evaluating strategic, structural and operational facts. The company has more expertise than any than any other in acquisition and mergers.
One of the starkest problems that has confronted American public education for the last 60 years has been the seemingly intractable achievement gap. This concept denotes the difference in scholastic performance between rich, primarily white suburban schools and poor, primarily minority urban schools. This manifests across many different metrics, the most well-cited of which is standardized testing like the MEAP, ACT and SAT tests.
While a potpourri of explanations have been offered to explain why the longstanding achievement gap persists, no one has ever been able to devise anything resembling an adequate solution. At least this is the narrative that public education bureaucrats would have us believe. The truth, however, is that the achievement gap has been slammed closed by a number of highly innovative figures in the education sector. One of those figures is Dick DeVos.
DeVos is the quintessential education outsider. He is a successful entrepreneur, sometimes politician and philanthropist who developed an early interest in education. As a lifelong benefactor to local schools throughout his hometown of Grand Rapids, Michigan, DeVos recalls taking a tour through one of the inner-city schools in his area. He was shocked by the vast disparities that existed between that ghetto school and the one that his kids attended. Even though this was part of the same public-school system, the urban school was woefully lacking in such basic features as student safety, quite learning environments and minimally decent infrastructure. This was one of the events that opened DeVos’ eyes to the huge disparities that exist within America’s education system.
His interest piqued, DeVos began researching alternative ways to help kids reach their educational goals. As a lifelong successful entrepreneur, DeVos believed strongly in free-market principles. He eventually came across a new model of education called charter schools. As DeVos read up on this model, he realized that they could be used not just for educating the scions of the ultra-rich but also for educating some of America’s most neglected kids.
He put his ideas into practice with the creation of the Detroit New Urban Learning School. Almost immediately upon opening, the school began to badly decimate the arguments that it was bad students who were responsible for the persistence of the achievement gap. DeVos’ school recruited from some of the worst neighborhoods in Detroit. Yet the school routinely produced standardized test scores that rivaled some of the richest districts in the state.