Sahm Adrangi is one of the most renowned investors in the world today and currently leads at Kerrisdale Capital, which is a private investment firm that invests in all sorts of different projects and industries. For more than a decade now, Sahm Adrangi has been leading the investment field with his excellent insight. As of late, Sahm and Kerrisdale Capital have been focusing extra on the blockchain technologies that are coming out and their overall influence on the markets of the world.
In recent news, Kerrisdale released reports and gave comments on various companies that have experienced huge growth through this new technology. One of the recent company’s under Kerrisdale’s fire is Eastman Kodak, known for this photography products and accessories. In the past, Kodak was a giant in the industry, and as of recently, their stock prices rose roughly 190 percent after using this technology in their own digital currency.
While many investors initially wanted to buy into these Kodak Stocks, Sahm Adrangi has issued a caution to all investors to be cautious before dealing with Kodak. Kodak’s stocks could simply be highly overvalued currently, which would be a big mistake for investors thinking its an opportunity. Sahm believes this to be true because Kodak’s other subsidiaries are also overvalued and are hardly as functional as Eastman Kodak. While there may be some actual value, the company is not using their blockchain technologies in a way that is going to provide returns that are helpful in the end.
Another problem that Sahm Adrangi sees with Kodak is that the developer of the technology they are using has a highly mixed background. This means they could end up with a product that doesn’t perform so well against the competitors. While there is no hard evidence that the company has done anything illegal, the board members have made some very concerning moved according to Kerrisdale, such as gaining access to restricted stock just a day before the company’s cryptocurrency announcement.
Vincent Parascandola is the Senior Executive Vice President of the AXA Advisors company. The main agenda of the French-founded company is consulting high net worth clients, with Parascandola working from New York City, NY.
AXA Group gives insights to clients on retirement plans, insurance, and benefits for staff. Top clients are attracted by the company which has 43 offices across the United States.
Vincent Parascandola is a graduate of Lubin School with a bachelor’s degree. He has worked as a system analyst in Irving Trust company, an agent at Prudential Insurance, and a financial professional, sales manager, managing director, and field vice president all at the MONY Group. Since 2005 he has been part of the AXA Group, serving as an executive vice president, president of the various divisions and senior executive. You can visit Alumnius for more info.
As an Executive senior vice president, Vincent Parascandola is in charge of the development of financial professionals in the Central New Jersey area. He recruits and trains future financial advisors for the firm. Part of his job is also to improve the work quality of current employees. For more details visit Crunchbase.
Parascandola has greatly contributed to the success of the AXA Advisor’s Group and others companies for which he has numerous awards. While working in Prudential, he earned the National Rookie of the Year title, among many others throughout his long career. His achievements include the GAMA Career Development and Master Agency Award. He is given the word in conferences of various companies and even headed the LIMRA Field Officers Committee. Parascandola’s 25 years of experience in the sphere of financial advising has given him the word as a senior member and a mentor. Check out his Vimeo page to see more.
Read more: https://wallethub.com/profile/vincent-parascandola-13214204i/
Highland Capital Management was founded in 1993 as an alternative investment management company. It is headquartered in Dallas, Texas and, as a global investor, has other offices located in London, Singapore, Sao Paulo, Seoul, and New York City. It is a privately held company and was co-founded by Mark Okada and James Dondero. Both co-founders continue to serve at the company, Dondero as President and Okada as Chief Investment Officer.
Collateralized Loan Obligations (CLO) is the asset class that Highland Capital Management pioneered in when it was founded. Their success in CLOs led to the company investing in other alternative assets such as credit hedge funds, emerging markets, long-only credit funds, and distressed private equity funds. Highland Capital Management has many clients including public pension funds, endowments, corporations, and high-net worth individuals. By providing superior returns, value, and unique financial products Highland Capital Management has become a leader in the alternative investing industry.
Philanthropy has always been at the heart of Highland Capital Management. The company has provided financial assistance to a variety of causes including veterans and their families, people lacking healthcare, educations causes, and community building. In order to better manage the philanthropy that the company provides and make sure it is having maximum impact, in June 2016 they brought in Linda Owen who has extensive experience in the nonprofit world. She has been a longtime Dallas civic leader, including serving as President of The Woodall Rodgers Park Foundation. Highland Capital Management provides more than $3 million a year in charitable donations which she will now direct in the most efficient ways.
Among the specific nonprofits that the company provides funding to is The Center for Brain Health, Uplift Education, the American Heart Association, the George W. Bush Presidential Library, the Dallas Zoo, and many other local and national organizations. The leadership at Highland Capital Management also provides their skills and services to nonprofits by serving on their boards, such as James Dondero serving on the Advisory Board for Southern Methodist University’s Tower Scholars Program. This program is educating the business leaders of tomorrow.