Former President Bill Clinton is one of the most recognizable faces in the world after spending eight years in the Oval Office. However, what is less well known is the fact President Clinton has a good knowledge of the NBA’s Milwaukee Bucks franchise far beyond that of an armchair fan. The personal friend of Bucks co-owner Wes Edens, President Clinton has obviously been enjoying the growth of the franchise under the leadership of the Fortress Investments Group co-founder.
To see the former President at a playoff game in Milwaukee is not a surprise as many famous faces arrive at courtside when teams reach the postseason. However, the recent game between the Bucks and New York Nets in the Big Apple saw the arrival of the former President at courtside to cheer on the team led by Wes Edens. The former President seemed to be a consistent fan of the Bucks as he discussed the future of the franchise with NBA TV from his seat in New York. President Clinton not only praised Wes Edens and his management group but singled out Giannis Antetokounmpo as one of the best players in the NBA at the moment. Read more about Wes Edens at sportsbusinessdaily.com
Wes Edens is a former donor to the Democratic Party of President Clinton who is also known to enjoy a close relationship with Bucks co-owner Marc Lasry. Taking control of the Bucks in 2014, the main achievement of the management team headed by Wes Edens has been the construction of a purpose-built arena for the Bucks fans to enjoy. When purchasing the NBA franchise, the Bucks were stranded in the third-oldest arena in the league and had failed to trouble the playoffs for many years. An almost instant turnaround was praised by President Clinton as the franchise has become known for combining new arrivals in the league with veterans who aid in the development of young players. President Clinton reserved his praise for George Hill and Brooks Lopez who he feels add to the success of the team.
An investor and a businessman, Wesley is an American entrepreneur who has ventured in many business activities. Apart from his talent in skiing, Mr. Eden managed to study a finance course and acquired his degree in 1984 in finance and business administration at Oregon state university. Wes Edens career started at Lehman Brothers where he was a partner and managing director and undertook to trade of mortgages. Currently, he holds a number of leadership and membership position at several different organizations and companies.
After working with different financial institutions, Wes Edens used the skills and experience he got together with some of his colleagues to come up with the Fortress investment group. Some of the institutions and organization he once worked with include his managing director position at Back Rock, a financial institution. At Fortress, he is among the founders, serves as the company’s co-chief executive officer, a chief investment officer in private equity and also assistant chairman. Under his leadership, the company managed to purchase a subprime lenders Springfield that is a financial services providers and also a mortgage lender company where he also holds the chairman position. He also works as a chair, board member and advisor at Springleaf and Nationstar holdings companies and New Senior which is an investment group.
Mr . Wes Edens apart from founding the Fortress Energy, his obsession with sports made him together with his colleague to buy a basketball team called Milwaukee Bucks. He currently serves as the co-owner of the team. On top of that, Wes Edens is among the majority owners of Aston Villa Football club together with an Egypt’s citizen. They do no directly own the team directly but have the biggest share at the company that has majority shares in the team.
Eden’s hard work, commitment to the company and community has helped him even to venture to his own investments and charitable work. He is always in support for organizations that deal with health care provision and educational support. Those qualities and others have aided him to provide success at the company. Check out wikiquote.org to know more about Wes Edens.
Mr . Eden’s work and long-time experience has made him a leader in many organizations and making sure productivity is achieved.
In 1998, along with partners Rob Kauffman and Randal Nardone, Wes Edens co-founded Fortress Investment Group, the first large private equity firm to be publicly traded on the New York Stock Exchange. Before this venture, he was a Managing Partner at Black Rock Financial, and at Lehman Brothers. He received his Business and Finance training at Oregon State University, where he earned a Bachelor of Science degree in his field of study in 1984. As one of the key leaders at Fortress, he helped move the company into rapid growth, and it went on to manage billions of dollars in alternative assets for clients all over the world. Read more about Wes Edens at newfortressenergy.com
Wes Edens also has a strong interest in sports, and his passion for athletic games, both in the physical sense and in the online genre, led him to venture into acquiring the ownership of the professional basketball team called the Milwaukee Bucks, which he purchased for more than $500 million in 2014. After securing the NBA team, Wes Edens promised its fans that he would keep the organization in the state of Wisconsin. In addition to that, he bought the Aston Villa soccer team, along with some financial backing from Egyptian billionaire Nassef Sawiris. He is also involved in e-sports as the owner of a League of Legends team called Fly Quest.
The Brightline Train in Florida is another project that he launched after thinking of a better way for commuters in that area to get around. He is the first private owner of a passenger train system in the US. The innovative method of transportation reaches a top speed of 80 mph, and in May of 2018, on its first run, it went from Miami to Fort Lauderdale in only 30 minutes, much quicker than a car service would have made it to that destination. The Brightline Train has comfortable seating, free Wi-Fi and food service.
Wes Edens feels that several other major cities like Houston, Dallas, Atlanta, Charlotte, Chicago and St.Louis, would benefit greatly by using this transportation service. The Fortress Investment Group co-founder and financial expert is a married father of 4 children.
Not a ton of entrepreneurs have found their way to success in as many different sectors as Mr. Wes Edens. He has profited in finance with Fortress Investment Group, in professional sports with the Milwaukee Bucks, in esports with the FlyQuest roster and in passenger railway services with the recent and innovative Brightline trains. Quite recently, the support of the famed Mr. Richard Branson was bestowed upon Wes Edens, as their transportation companies, Brightline and Virgin Group, may have just found the ultimate business partners in each other. Check out crunchbase.com to learn more about Wes Edens.
A number of highly populated cites in Florida became more well-connected in 2018 as a result of the efforts of Wes Edens. Hundreds of miles to the west, a brand new route that would go from Las Vegas to California has entered the stages of planning for Brightline, which will actually be Virgin Trains USA by the time this route is completed. Throughout 2019, and the few years after that, we will certainly be looking on with interest in order to see just what positive changes the Virgin Group and Brightline relationship will bring to the current market of transportation.
When it comes to transportation, as well as hospitality, Virgin Group has earned some important credibility, and that is something that Richard Branson takes great pride in. It is also something that should heavily benefit Wes Edens, as he can leverage this market trust to push his train company into the spotlight and capitalize financially on the potential of this deal.
Additionally, there are many other ways in which Richard Branson could prove helpful for the furthering of Brightline for Wes Edens. For more than 20 successful years, Branson has been operating one of the United Kingdom’s best rail companies, known as Virgin Trains. That experience will obviously be of great use to the pair as they attempt to innovate and conquer the American side of the market, a market in which Richard Branson has already become a household name due in no small part to the explosive success of his air travel company, Virgin America.
Ted Bauman was born in Newyork in the United States and acquired his higher education at the University of Capetown. He has extensive knowledge and skills in economics and history. Ted has worked with several nonprofit making companies and also in the public sector in the course of his career. In his professional career, Ted has helped people and organizations make informed decisions on their investment strategies.
Ted Bauman joined the Banyan Publishing Company after working with the United Nations as a consultant. He got inspiration from his father who was a well-renowned writer because he wanted to emulate him. He is currently the editor of the Bauman Letter and the inventor of Smart Money and Alpha Stock. The Bauman Letter is a newsletter that gives people advice on low-risk investment opportunities and other financial assistance to clients. Ted says that his passion is to help people overcome economic and investment challenges through clear-cut strategies. He is a guru in expert advice and focuses on policies such as assets protection, international migration, and privacy. His interest is to see people overcome exploitation from businesses and the government.
His solid background in economics has helped him in writing boldly and broadly on finance and investment making him earn recognition and a significant number of followers on his newsletters. He attributes his skills in writing catchy articles to the extensive research and staying up to date with the current trends and affairs in the financial world. Ted Bauman also says that good time management is essential for the success of any enterprise.
Ted Bauman predicts an incoming crash in the market stocks in the future. Ted is an economist with accurate economic predictions over the last fifteen years. He attributes the future crash of the stock market to a similar scheme that caused the recession in 1929. He gives his explanation with thorough evidence to support his argument. Ted has featured in various journals and magazines for his exemplary service in the public and private sector. He has also contributed to the writing of multiple publications with other authors to share extensive knowledge and skills in the fields of economics and finance.
All the major US stock indices are at record highs, but there are some investors on Wall Street who are worried the party is almost over. Ted Bauman, an editor at Banyan Hill Publishing, believes there are certain factors that will end this bull market. The factors that worry Mr. Bauman the most were the rising interest rates and the ongoing trade war with China. President Trump feels the United States is losing in terms of trade and feels that tariffs are the only way to even the playing field with its trading partners. Ted Bauman pointed out that many large US corporations do a lot of business with China. If China were to retaliate because of the tariffs placed on goods, corporations doing business in China would be hurt financially and it would eat away at their profits. Stocks on the major indices would be affected and the share prices would decline due to lower earnings.
Ted Bauman firmly believes that the federal reserve is to remain hawkish regarding interest rate hikes. Fed chairman Jerome Powell still believes the economy is doing well and expects further rate increases. If the federal reserve continues this path, this will put downward pressure on the stock market. There are many financial analysts who have been hinting to a fed funds rate of three percent being enough to cause a bear market. Ted Bauman believes that it is a four percent fed funds rate that will kill the bull market in equities and he believes that if the economy continues as it has been, this will happen in 2020. However, he feels the trade war is likely to bring the bull market to an end even quicker.
Ted Bauman is not a stock picker, but rather an economist who likes to take a look at the broader picture involving the markets. He earned his degree in economics from the University of Cape Town after he emigrated to South Africa. He specializes in low-risk investing strategies and asset protection. He feels now is the time for investors to start protecting their wealth because there are so many factors that are warning of a death to this current bull market.
Shervin Pishevar discussed the devaluation of government bonds. While most of his attention is on the U.S., it is hard to dismiss how low consumer confidence in bonds is growing across the globe. Can Bitcoin pick up the slack? Maybe a year ago financial experts would have scoffed at the idea, but the situation is changing.
One of the most notable factors that fuel a growing consumer confidence in Bitcoin is the entrance of new projects. In the cryptocurrency market, they are calledInitial Coin Offerings (ICO). At the end of 2017, the price of Bitcoin skyrocketed. Many scams entered the market on the coattails of Bitcoin’s success.
As one might expect, the price of Bitcoin plunged. What is surprising is that this did not slow the growth of the cryptocurrency market. Yes, the attention of regulators has made entrance into the market more difficult. But, it seems to have only served to increase the quality of new projects entering the crypto space.
Shervin Pishevar predicted a second decline in the price of Bitcoin. However, he expected this to be temporary. Shervin Pishevar sees real value in Bitcoin. The world needs a fundamentally secure way to trade digital assets. Bitcoin provides the cryptographic legwork for establishing a global network of secure transactions. It decentralized power so as to allow the small entrepreneur to become more significant.
Innovation and entrepreneurs often go hand in hand. Shervin Pishevar called attention to large U.S. corporations who stifle innovation by detrimentally overshadowing small business. Shervin Pishevar even went on to say that some of these large U.S. corporations should be considered monopolies.
It is hard to argue against Shervin Pishevar when one looks at the market share of some of these enormous tech companies. Just consider the impact of the once desolate Silicon Valley.
It is true that Bitcoin maintains a dominating share of the overall cryptocurrency market cap. Along with a few other coins, they own the majority of investments in cryptos. But, this is changing. The increasing rate of small ICO investments illustrates the growing opportunities within the crypto space.
Whitney Wolfe is a successful and well-recognized businesswoman that has made some serious steps to empower women through her latest development in the dating app industry. Whitney has stayed dedicated for years to work her way up the ladder and become a serious professional and entrepreneur. Whitney Wolfe graduated from the University of Southern Methodist with a business degree and the rest of her knowledge has been gained through experience.
Whitney started up the widely popular dating app for women known as Bumble, which allows women to make the first move when it comes to finding potential dates. By allowing women to make the first move when it comes to contact, they can avoid the many possible harassers they would have to deal with on other dating platforms. This is not because other platforms are necessarily bad, but women are under a lot more pressure as they receive more than 10 times the number of messages in half the time compared to their male counterpart users. Read her article at vogue.com to know more about Wolfe.
On virtually all other dating platforms on the market, virtually anyone is capable of starting up a conversation with anyone else using the platform, save a few conditions. Bumble gives women more freedom with their dating experience and this experiences extends to Bumbles companion apps as well. Alongside the typical Bumble dating app comes Bumble BFF, which allows users to find friends with like hobbies and ambitions. Bumble also has a business focused section that lets users find other professionals in the same field or different fields to build their professional network.
DUe to her work in the business industry and creating a highly successful dating app, Whitney Wolfe has been featured on various news outlets and has won several awards. She was even named on Forbes 30 under 30 list last year. Whitney Wolfe is always looking for ways to help her community and her users and has regularly used her success to give back to those in need.
Have you been wondering why your business or team has been unsuccessful under your leadership no matter how excellent you try in leading your colleagues? Well, don’t sweat over it because Vijay Eswaran seems to be having the solution to all your queries. But who is Viraj Eswaran? Viraj is among the greatest businessmen and adviser on matters pertaining to leadership and life in general. To find out about his philosophy keep it here.
According to Vijay Eswaran most businesses fail because of master leadership. As a leader one should be able to consider himself a servant in order for his juniors to learn a two or three from him. This is because just like a child, workers will adopt something through seeing other than through talks and more so commands. Therefore the first step of experiencing change while leading your team is employing the servant leadership technique.
While most of us have a negative perception towards fear, Vijay Eswaran seems to be having a new twist on fear. Here, Vijay states that people should not work on driving out fear rather they should engage in situations that influence their fear because only through fear does success come. There are more life topics that Vijay Eswaran as tackled in his books like “Two Minutes from the Abyss.” In this book, Viraj teaches the value of living one day at a time since tomorrow is never sure. To be inspired on life topics and solution to life problems consider buying Vijay’s at reputable online stores like Amazon. In the beginning, it was evident that Vijay is a great businessman. Well, his eminence in business is attributed to his bachelor’s degree in socio-economic which he received from the London school of economics. Through practice, this degree has enabled him to establish his company and be worth $500 million.