Should Investors Follow Soros’ Lead on Biotech?

George Soros has been jettisoning different investments lately. Recently, he bet against the Asian markets and moved a large portion of his company’s holdings into precious metal like gold and silver. His latest trade has other investors wondering if they should do the same thing or stick to their guns when it comes to the biotechnology market. He has sold basically all of the Quantum Fund’s holdings in the biotechnology market by selling stock in two different companies in that market and one index fund.

It stands to reason that some people would want to follow his actions. He is considered by many to be the most successful hedge fund manager in the history of the stock market. George Soros consistently brings his investors some of the best returns on the market. He often averages returns of 30%. This incredible. It is also important to note that his fund is big enough that its actions can affect the market as a whole if they are drastic enough. This is why so many investing experts always have their eye on the Quantum Fund’s actions on the market.

The NASDAQ Biotech has performed the worst of the three holdings that Soros sold. This is mostly due to the public perception of many of the companies in the fund. The public opinion of this fund has dwindled in the face of the rising costs of prescription medication. Some say that this is a good reason to sell. Others think that the fund is due to make a turnaround after the next election due to the fact that Hillary Clinton is promising industry-wide reform.

Read more: Billionaire George Soros funds $15M effort to stop Trump, mobilize Latinos

Novavax is a top producer of vaccines in the United States. Gildean makes medicine to treat Hepatitis C. Both of these companies are awaiting trials on upcoming medications.

So, should people follow Soros or not? Those that think the presidential election will turn things around could be right. You also can’t fault those that want to follow in the footsteps of Soros either. George Soros is one of the most successful people in the history of the stock market when it comes to predicting when certain market are going to experience down cycles. He predicted the collapse of the British pound in 1992.

The trade sticks out even more because Soros has not been very active with his fund in recent years. He has basically been in retirement for at least the year. He had the holdings for just one quarter. It is going to be interesting to see what Soros decides to do next.

Learn more:
The Daily Beasts
Investopedia

Manhattan Offices For Rent That Are Functional For All

 

Everyone who needs an office space here and there is probably wondering how they are going to afford something in the city, but they do not have to rent a whole office on their own. They are much better off making sure that they have found a co working space like Workville, and that is how these businesses will thrive without spending too much money. People can do a lot of work in a space where there are a lot of people doing different things, and it is important that all the people who are going to rent these offices find one that has all the right people and amenities.

The Manhattan offices for rent that are set up by Workville are great because they can provide people with a place to go when they need it, and they can set down to work without a thought. The people that are working there will not bother them, or they can set up near the people they like to work near. People in completely unrelated businesses can work together, and they can take advantage of all the different things in the office that are helpful for them.

Workville are nice offices that have restrooms, kitchens, conference rooms and Internet connections. Everyone who is sharing the space can set up and work with that address as their physical address, and they can bring their clients into the conference rooms when they need to. It is not that hard to get set up in these offices, and they cost a lot less money than a regular office.

Co working is going to be something that people will need to get used to because it saves them a lot of money and time. They are able to get an office that works for them where they can get work done, and they have an address to use. They can bring people in if they need to, and they will be able to use the breakroom and bathroom just like a regular office. It is the simplest way to get Manhattan office space, and it saves money for everyone.

Sanjay Shah: Looking for Autism

In today’s world, the more we can give back and the more we can care, the better off we will all be in the future. That is exactly what Sanjay Shah Denmark is doing along with his wife Usha when it comes to their event Autism Rocks. This is something that is very near and dear to their hearts as they have a child with autism. They know all the struggles, the good days, the bad days, and everything in between. Because of this, they go out of their way to help and do their part. By hosting this event, they are getting donations that can go a long way towards making a big difference when it comes to autism.

At the event, there will be performances from Tyga and Flo Rida. I’m always impressed and happy when celebrities take time to help out and give back to others. This is something the couple has done together and they truly care about it. They go above and beyond to make the event as successful as possible for as many people as possible. According to his wife, at the event, there is a lot going on such as live music, fun events like laser tag, crazy golf, zip line, bouncy castle, horse rides, rodeo bull, face painting, inflatable rides, barbecue and a petting zoo. There is truly something for everyone at this event.

Another great thing about this event is the fact that it brings people together. When you have a child with autism, it can be a very lonely world. Sometimes you can find it hard to relate to parents that don’t have children with autism. However, Sanjay Shah and his wife are building a place where children with autism and their families can feel as one. It is a community of people who understand you, treat you with respect, and don’t treat you any differently. When they come out and say they understand what you are going through, they truly mean it and it isn’t just lip service. They have walked in your shoes.

It also gives you a chance to forget about your problems for a little while and have some fun along the way. It can be stressful having an autistic child, but it doesn’t mean you love them any less. However, sometimes you need some time just for yourself and your child to kick back, relax, and enjoy yourselves.

 

Read more about Sanjay Shah:

https://solocapitalsanjayshah.wordpress.com/about-solo-capital-sanjay-shah/

RETRACING THE STEPS OF STEPHEN MURRAY

Stephen Murray was born on the 2nd of August 1962. The former CCMP CEO died at the age of 52 leaving behind his wife and four sons who were his pride. Tracing back the steps of this successful man goes back to his early childhood.

Stephen Murray CCMP Capital first graduated in 1984 from Boston College with a degree in economics. He then proceeded to do a master’s degree in business administration at Columbia Business School.

His death is considered a huge blow not only to the world of business but especially to CCMP where he left a month just before his death. Mr. Murray joined the firm back in 1989 and was part of its team even as it underwent several changes in ownership and partnership until it managed to stand on its own and be an independent company. In 2005 he became the head of the buyout business at JP Morgan Partners and continued leading it through the spin out in 2006.

Murray was a hardworking individual with refined leadership abilities. Upon leaving g J P Morgan with Mr. Murray at the helm, CCMP raised about two more multibillion-dollar funds. The last fund just closed in September after raising 3.6 billion dollars.

Murray served on the board of major companies some of which include Aramark, The Vitamin Shoppe, Pinnacle Foods and Legacy Hospital Partners among others. He is a man described as a philanthropist and who participated in a lot of charitable and gave back events.

Murray supported the Make-A-Wish Foundation which is a non-profit organization that supports children with life-threatening medical conditions. His belief and hope of a better tomorrow made him give generously in ensuring that these children were well treated and saved their lives. Learn more about Stephen Murray CCMP Capital: http://xrepublic.net/2014/09/11/stephen-murray-the-great-investor-and-deal-maker-for-ccmp-capital/

Murray was also the vice chairperson of the board of trustees in his former school Boston College where he served diligently to ensure that the school rose to greater heights.

Mr. Greg Brenneman, the current CEO, and president of CCMP described as a friend and partner for those who knew him one thing was evident about this man that he loved his family, and they were his pride and joy. His wife Tami A. Murray and their four sons were the driving force behind him.

Upon his death, Stephen Murray and his family resided in Stamford Connecticut which is according to public records. The works of this man cannot be forgotten both in business and his personal venture. Murray is a hero to many and one who has left behind a remarkable legacy.

Helane Morrison: A Compliance Officer Who Stands For Business Ethics

Helane Morrison is a great career woman, who believes in doing business in an ethical way and has spent her career campaigning against fraudulent business practices and corruption. She graduated from Northwestern University in Chicago with a B.S Degree in Journalism and then she went for her Juris Doctor at the Berkeley School of Law, University of California. While there she also worked for the California Law Review as the editor-in-chief.
Currently working at Hall Capital Partners since 2007, Morrison previously worked as a law clerk for Hon. Richard Posen from 1984 to 1985. She later worked for Supreme Court judge, Harry Blackmun from 1985 to 1986 and it is while working there that she developed her interest in private practice. Later in 1986 she joined Howard, Rice, Nemerovski, Canady, Falk and Rabkin law firm where she was elevated to being a partner in 1991, after just five years working there. She mainly concentrated on defense of private securities actions, matters dealing with the Securities and Exchange Commission and business litigation. She left in 1996 and joined the San Francisco office of Securities and Exchange Commission from 1996 to 1999. She was responsible for fraud litigation and regulation issues as well as enforcement of securities law in Northern California. Morrison also represented the Securities and Exchange Commission in other government agencies and the media.

Hall Capital is a successful investment company and she joined the company due to the diverse culture in its leadership and also she took it as an opportunity to restore the public’s confidence in the financial markets.With her driving force being the fight against corruption, Morrison has been fighting against deceptive corporate crimes and she believes that business should be run based on moral principles and ethics. She has worked for 30 years, going against companies and people who seek to take advantage of people due to economic circumstances.

While working for the Securities and Exchange Commission, she called for investigations against executives of top companies as well as helping to uncover the illicit sale of fraudulent securities to military personnel and exposing the illegal destruction of audit papers by auditors amongst others and this shows her commitment in fighting corruption and unethical business practices. She is a member of the board of the Regional Parks foundation, member of the Hedge Fund Subcommittee of the American Bar Association and from 2001 to 2004 she served as a director of the Bar Association of San Francisco.