Equities First Holdings was established 15 years ago by Al Christy. Several years down the line, he is still the chairman and the chief executive officer. He has also managed to grow the business outside the United States. Equities First Holdings has other subsidiaries across the world such as Equities First Holdings Australia, Equities First Holdings London, and Equities First Holdings Hong Kong and Equities First Holdings Singapore. During this period, Equities First Holdings has managed to make over 600 transactions which have earned the company over $1.6 billion.
Equities First Holdings has specialized in offering stock-based loans in an era where banks have made it hard to borrow funds. EFH realized that banks were raising their interest’s rates and took advantage of this scenario. The good thing with doing business with Equities First Holdings is that you do not require prequalification to get a loan. Also, their interest rates are fixed and have a higher loan to loan ratio. According to the CEO of Equities First Holdings, you are guaranteed throughout the whole transaction.
Another good thing about stock-based loans offered by the Equities First Holdings is that they have a non-recourse feature. This means that a borrower can walk away from the loan any time he/she chooses. Unlike a margin based loan where the borrowed money must be used for the specific purpose, stock-based loans can be used for any purpose. Equities First Holdings cannot liquidate the borrower’s collateral in whatsoever manner. At the end of a transaction, the borrower is guaranteed that the collateral will be returned. This is unlike the past where unscrupulous lenders would refuse to return the borrowers collateral upon the maturation of the transaction. This made stock-based loans to be tainted with a bad reputation. This is one thing that Equities First Holdings has been able to address since 2002.
Equities First Holdings operates under a code of transparency and integrity. They have a mission of delivering maximum benefits that have minimum risks. The goal of this mission is to help their clients achieve their professional and personal financial goals. Equities First Holdings operates from its corporate headquarters based in Indiana, Indianapolis.
Visit http://www.equitiesfirst.com/contact for more.
James Dondero the Founder of Highland Capital Management, recently announced that it has hired Terry Jones to become the President of Institutional Products. With over 25 years of experience, Terry Jones will now be in charge of leading Highland Capital’s arrangements with institutional allocation as well as facilitating solutions oriented business development. He will also serve as the main person that leads the institutional sales for the firm as well. With his new role with Highland Capital, Jones will also align portfolio risk management for the firm as well as regulate the risk management in order to identify, and assess any risks the firm may take.
Mr. Jones has recently stated that Highland Capital Management is in very good position to deal with the current changes in the financial markets. He also says that the experience and investing capabilities of the firm which focus on below investment grade credit, and distressed and hedged equities will be able to outperform during the various cycles in the markets. Terry is excited to work with the firm in order to develop solutions which are able to meet clients’ needs. Jones has also said that the firms ability to manage risk capabilities help deal with market volatility and give the firm’s clients the opportunity to understand risks and opportunities when investing.
Mr. Terry Jones was recently hired by the founder of Highland Capital Management James Dondero. Jim founded the firm back in the year 1993 and has built it into one of the top investment firms in the world. The firm is an investment advising and wealth management firm that specializes in credit management, hedge funds, distressed private equity securities and also collateralized loan obligations. Over the course of over 20 years Jim has made Highland Capital Management a firm that manages over 20 billion dollars in assets. Dondero’s firm also has a worldwide presence in cities such as New York, Dallas, Sao Paulo, Singapore and Seoul.
Before founding Highland Capital, Dondero worked in the financial services industry for nearly 20 years. He started out as an analyst trainee and then helped manage a number of multibillion dollar funds for the firms he worked at. His career was very successful and allowed him to develop the knowledge and experience necessary to begin his firm in the early 1990’s. Prior to starting his career, he was a top student graduating from the University of Virginia with the highest honors. In college he majored in accounting and finance which gave him the knowledge foundation to work in the financial services industry. In his spare time, James participates in charitable activities which deal with public policy, education and veterans affairs.
Kyle Bass, an American investor, has recently been featured in news headlines for losing his lawsuit against Acorda Therapeutics, a major pharmaceutical company in the United States. Acorda has the exclusive rights to production of their best selling drug Ampyra, which is used to help treat the symptoms of multiple sclerosis. The court decided to rule against Bass was because it is wrong to rip a patent from a company who worked hard to produce the product. Clinical trials that the FDA requires are not exactly cheap, so manufacturers deserve the patents to drugs they develop or discover.
Bass is known to have back various companies or individuals of prominence despite them having bad morals and doing unethical things. Argentina recently had to default on their debt, because they did not have enough money to pay it off. This was the second time this happened in the last fifteen years, which is a very serious issue. Countries should not default on loans so often, but Kyle Bass had the nerve to defend Cristina Fernandez de Kirchner, an Argentinian politician.
General Motors had a massive recall of several types of vehicles because they were unknowingly assembled with faulty Firestone tires. Not all of the vehicles were produced with faulty tires, but GM had to issue a recall of those vehicles because many consumers had experienced injuries, or worse, death. Kyle Bass had investments in GM, and decided that he would not withdraw his investments from the automotive giant. When asked why he made this decision, Bass said that it was not GM’s fault for producing the faulty vehicles, but the consumers’ fault for purchasing the vehicles and driving them. Where is the logic in this? Come on, Bass.
Kyle Bass briefly rose to fame in 2008 when he correctly predicted the worldwide economic crisis. Many of the biggest banks in the United States were lending too much money to debtors that were not in ideal positions to pay the loans off, so debtors started to default on those loans in 2007. There was a snowball effect when many other debtors started to default on their loans, which resulted in some of those enormous banks failing. Bass bet against the debtors paying back their loans through credit default swaps, and earned a lot of money from that investment. But, this is the pinnacle of Bass’ career, and he has not made any good career decisions since then.
If you see Kyle Bass featured on a major business news network, please ignore him, as hid advice isn’t the most reputable. He has incorrectly predicted the economy of Japan to fail for five years in a row, and Japan’s economy has yet to fail. Wy would anyone listen to him?
One of the mistakes that people make when they are looking to invest is that they think about making that one big investment that is going to earn them a fortune. Unfortunately, the market does not work out that way. It takes a lot of time and a lot of experience to start making a living out of investing. This is true for many areas which include Brazil. It is not good to make a huge commitment to just one stock, especially if it is your first time. It is better to build your portfolio and look at a multitude of stocks that you could profit from.
When looking at multiple stocks, it is a good idea for one to look at the examples of some of the successful investors that have gone ahead the new investor. One example to follow is that of Igor Cornelsen. He has a lot of advice and even has books to help making investments that come from experience. His experience has shown him the importance of making plenty of small investments and looking for other ways to handle their investments besides making profits. There are plenty of different types of stocks that one can invest in and get some major returns as well as minimal losses.
When one makes many small investments, this actually protects him against the major losses. It does apparently cost more money than just buying stock in one company, but it is hard to tell which company is going to make huge profits, no matter how much research is done on the company. This is not to say that research is not important. Research is very important even if one is going to invest in a multitude of companies. It is better for an investor to make sure that more companies that he invests in are profitable than not.