Louis Chenevert, The Brilliant Mind Who Worked For UTC, Goldman Sachs, and PWC

“I can go into a factory and in 15 minutes tell you whether things are working right. It takes Louis 15 seconds.” This is a remark made by George David about his successor at UTC, Louis Chenevert.

Louis Chenevert’s success came about by knowing what he ultimately wanted and working hard to get himself there.

He was born in Montreal, Quebec in 1958, and enjoyed a normal childhood. Louis gradually gained interest in business entrepreneurship from a relatively young age. He did not doubt that success would come with hard work.

Chenevert attended the HEC Montreal Business School, at the University of Montreal, Majoring in Production Management. When working in the Production Management, one ensures produced goods are of good quality at the correct quantity, and are produced at optimal speeds maintaining minimal cost to maximize profits.

After Montreal Business School, Louis landed his first role with General Motors in Quebec, where he would be for the next 14 years, before transitioning into the aerospace industry. The company he joined, Pratt and Whitney Canada (PWC), a division under Pratt and Whitney (P&W) which is incorporated under the United Technologies Corporation (UTC) umbrella based in the United States. In 1996, Louis Chenevert moved to P&W and became president in 1999, just three years after joining the firm.

While the market at the time was on a downturn, Chenevert through his efficiency, aggressive adaption of technology and leadership, made a series of improvements to insulate the firm from the loses most firms were getting at the time.

P&W aircraft engines are used both in military and civilian aviation. The company that designs, manufactures and services aircraft is among the market leaders raking in over a billion dollars in profits every year.

Currently, P&W has over 33,000 employees. This, in addition to the profits P&W, brings in, is quite an accomplishment, even for this high achiever. Fast forward to April 2008, and Louis Chenevert again found himself at the helm of UTC, succeeding George David as CEO and President. In 2014 when he retired, the stock stood at an impressive $117 a share, up from $37 a share!

http://www.courant.com/business/hc-goldman-sachs-louis-chenevert-20150909-story.html

The Man Behind Fortress Investment Group’s Wise Decision to Go Public

Fortress Investment Group has proved to be one of the most reputable investment management organizations, internationally. Its performance since it was created by Fortress Group’s founders has been outstanding in the investment market. One of the key aspects that have led to the outstanding performance of the investment group is the strong leadership that it possesses. Led by a group of three co-principals, Fortress Investment Group has been quite stable throughout its existence since 1998 when the firm was formed. Many people never believed that Fortress would thrive in the competitive investment market due to its nature at the beginning. The firm had started purely as an equity management organization, something that made other big industry players doubt its ability to survive the competition. However, through proper leadership, the firm has made it to the heights it stands as we speak today.

The Man Behind Fortress Investment Group’s Wise Decision to Go Public
The Man Behind Fortress Investment Group’s Wise Decision to Go Public

One of the Presidents that lead Fortress Group is Peter Briger. Peter heads the credit section of the organization and also manages the hedge fund of the organization on behalf of its investors. Since joining the company in 2002, Briger has been very instrumental in the transformation of Fortress Investment Group to the industry lion that it is today. One of the transformations that Briger brought to Fortress was the transition from being an “equity only” firm to become an alternative asset management firm through his vast experience that he had gained from his previous employer, Goldman Sachs, Peter was able to introduce other asset strategies like hedge fund, real estate, permanent capital vehicles and other traditional asset vehicles.

The introduction of other asset strategies to the company’s management led to a tremendous increase in its portfolio due to the diversification aspect. The investment risk was also greatly reduced to favor the survival of the firm in the competitive industry. Another transformation that was spearheaded by Peter Briger at the Fortress Investment Group was the declaration of the company’s Initial Public Offer. This move happened in 2007, and it left many mouths wide open. At first, the decision seemed risky for a firm of its big size like Fortress, but later, the industry player realized the prudence of the move and followed suit afterward.

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Freedom Checks as a Viable Investment Opportunity for every American

Contrary to popular belief, the freedom checks program is not run by government. Rather, it is an all-inclusive, effective investment opportunity under federal law that is open to all Americans, regardless of their age or income. Through this opportunity, investors receive checks from specific firms that are categorized as Master Limited Partnerships (MLPs). These firms are tax exempt under statute 26-F enacted in 1987 by Congress, and in order to qualify for special tax exemption, they are required to pay investors 90 percent of their earnings.

The MLPs are in the energy sector, and by providing Freedom opportunity, there is a strong incentive for more people to invest in businesses whose focus is energy, including natural gas and oil. This has in turn, resulted in more U.S. production of gas and oil over the past two decades, as well as a corresponding reduction in the import of natural gas from the Middle East. To know more click: here.

There has, understandably, been a lot of caution and confusion when people hear of freedom checks, and this has been partly because they’ve heard it referred to as “free money”. The truth is, however, that it is not free. As outlined in investment newsletters published by Stock Gumshoe, these checks are an opportunity where the investor makes repeated payments in order to receive a payout in the future. As with most investments, this continuity of payment requires a level of commitment.

Described as a hidden gem, freedom checks are potentially able to provide Americans with payments that are exponentially more than that which many receive from the government in the form of social security. In order to receive a large check of hundreds or thousands of dollars, the investor would need to have put in a substantial amount of capital. Some investors are able to do this within a relatively short time while for others, it may take a longer period of time. The good news, however, is that even with 50 or 100 dollars, Americans can begin to invest in freedom checks, and consequently grow finances while also helping to reduce U.S. over-reliance on the Middle East as its sole source of energy.

Adam Milstein; Author of JNS

Adam Milstein was born in Israel in a small town known as Haifa. He was the eldest son of a real estate developer, Hillel Milstein and a homemaker, Eva. Milstein’s mother went to Israel at the age of 18 from Mexico. His father was also an immigrant from Argentina. His father moved to Israel at the tender age of 19 in the year 1948 after the formation of the country of Israel. Adam Milstein is passionate about humanitarian assistance and worthy causes such as fundraising. Milstein was conscripted in 1971 into the Israeli military for mandatory service. He served as a military officer during the Yom Kippur conflict in 1973. He also fought during the six-day war on the Egyptian front and matched in the army of general Ariel Sharon. Adam Milstein took part in crossing the Suez Canal and played a key role in encircling the Egyptian military.

In 1978, Milstein enrolled as a freshman at Technion. He pursued a Bachelor of Science degree in economics and business. While still at the university, he joined his father in efforts to expand their construction and real estate company.

Milstein’s JNS views

Adam Milstein wrote an article that was published on the JNS on February 7, 2018. In this article, he highlighted the sources of anti-Semitism. He discussed the reasons why anti-Semitism was one of the firm pillars of radical Islamist movements such as ISIS and Al-Qaeda. The article outlined the reasons why anti-Semitism has been the cause of radical right movements as well as radicalized left movements. There radical Muslims joined hands with the radical leftists in undermining the rights of the less privileged and minorities, condemning gays and stoning women.

Some countries decided to collaborate in common effort to achieve tolerance and the freedom of association and free speech. In Chicago, Illinois, two identical rallies further illustrated the discrimination even further. Three people were denied access to an LGBT gala for having flags that had the Star of David on them. On the other occasion, some Jews who attempted to take part in a rally opposing sexual violence were thrown out and later deported.

https://www.crunchbase.com/person/adam-milstein

Shervin Pishevar: A Dedicated Citizen

Apart from co-founding Sherpa Ventures, Shervin Pishevar has other accomplishments. He has worked hard to become a venture capitalist, entrepreneur and investor. Sherpa Ventures does venture capital in San Francisco. The company has come this far because of Shervin’s role as managing director. Although he is a founder, Shervin took up the position of management. He wanted to ensure that the company is heading the right direction.

Before Shervin Pishevar co-founded Sherpa Ventures, he was part of Menlo Ventures. Here, Shervin gave his best and left a great legacy. Shervin participated in launching Menlo Talent Fund. Shervin appreciates the experience he got from Menlo. It played a major role when building Sherpa Ventures. Being a managing director at Menlo taught Shervin how to be a leader and manager in his firm.

Shervin has also established other companies that are technology based. He seems to be interested in investing in technology. Shervin has invested in more than sixty companies in search, media and e-commerce. Some of these companies are HyperOffice, Webs.com and Social Gaming among others. Business is good for Shervin because all these companies are growing. With over one hundred million users, these companies have achieved about 50 million.

Shervin’s effort in business and his life has not gone unnoticed. He received recognition as the Outstanding American by Choice Award. Shervin Pishevar is the first naturalized citizen to receive this award. Besides business, Shervin is part of the Comscore’s advisory board. He also holds other special positions in other organizations.

Shervin’s journey of success began when he got a graduate degree at the University of California. He was pursuing interdisciplinary studies. Shervin has shared his knowledge and research in the Journal of American Medical Association. He has also expressed interest in education. Shervin is concerned by the quality of education. Montgomery Education Board once made him vice president of the board.

The board appreciated his contribution in directing and increasing the quality of the education system. Shervin Pishevar is an example of an all-round individual. He believes success in one area should be shared in other areas to better the society. He believes in bettering people’s lives in the society.

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Paul Mampilly Warned Us About the Bitcoin Crash

Paul Mampilly remembers the dotcom mania very well. He had a friend who invested a lot of money in the companies that were involved in the dotcom mania. One day, she went up to him and told him that she was rich. She said that she had invested in companies that had stocks that were going up in price.

Prices of stocks were going up by twenty percent, thirty percent, or even fifty percent every single day. A lot of people became very greedy and let their emotions of greed and their fear of missing out drive them to invest a lot of money into the market. The problem is that the stocks eventually went down in price. Whenever there is a period of unsustainable growth, the markets are bound to crash. We are talking about companies that were listed on the Nasdaq index. These companies were well established.

Paul Mampilly saw what was going to happen and made sure to sell his stocks as soon as he made a nice profit. He watched as the prices continued to go up, and wondered whether he should have held on to his stocks a little longer. However, he soon saw how the prices were going down again. At that point, he knew that he had made the right decision by not letting his emotions of greed guide him. His friend, on the other hand, lost all of her money and was soon left with nothing. She did not sell her stocks, even when the prices were going down because she was greedy and hoped that they would go up again.

Paul Mampilly made the same warnings when he saw the Bitcoin bubble. Bitcoin was up to the price of almost twenty thousand dollars. Paul Mampilly knew that such growth was not sustainable. He knew that a crash was going to take place soon enough. That is exactly what happened. At the time, he warned people not to invest in Bitcoin. He warned those who had invested to sell Bitcoin. Those who listened to him did not end up like his old friend who lost her money during the dotcom bubble.

Paul Mampilly is the winner of the prestigious Templeton Foundation Award for the best ROI on investments. He has years of experience on Wall Street. He is now retired and writes for Banyan Hill Publishing.

To know more click: here.