Jason Hope, Arizona’s Leading Philanthropist

Jason Hope is Arizona’s leading entrepreneur and investor. Jason grew up in Tempe and was awarded a degree in finance from Arizona State University and MBA from Arizona State University’s W.P. Carey School of Business. Jason Hope is known for making predictions about where technology will be in the future.

Jason Hope first began his business career in mobile communication technology because of its ability to reach a large audience and was the one that was guaranteed to be changed. It still has room to grow and improve. His first venture in the field was selling text message services. Jason Hope makes a living through his portfolio of investments which include companies such as Digital Media Solutions, Computer and Business Information Systems, and Interactive Software.

Like most entrepreneurs, Jason Hope had some fears that he would be successful but he ended up being profitable right from the beginning, which convinced him to expand his portfolio.

In 2010, Jason Hope donated $500,000 to the Strategies for Engineered Negligible Senescence Research Foundation, which works to change the way the world researches and treats age-related disease. Jason Hope believes he is successful because he always keeps an eye on the future and paying attention to the potential technology has to make our lives better.

Like most technology users, Jason Hope rarely reads any paper books but instead reads electronic books including one of his recent favorites “Higher Intake of Whole Grains Associated with Lower Risk of Major Chronic Diseases and Death.” Jason Hope is working to find ways that will accelerate human intelligence using technology.

Hope was recently asked about a purchase that helped with his business, but instead of a purchase it was actually the selling of his house that helped him. By selling it, he freed up some time and money resources, allowing him the ability to help his local community and inspire those who are interested in the future of technology.

The one thing Jason Hope is proud about the most is his involvement with the SENS foundation and their work with anti-aging, which uses technology and not just treatments.

 

Mr. George Soros Announce His Return to Trading With Big Bearish Bets on the Economy

In what was termed as a stunning revelation, legendary investor George Soros is returning to trading. After a decade-long hiatus, Soros was lured back by the profit opportunities that he sees coming as a result of the future economic problems. During the last time that Soros was involved in trading, i.e. 2007, he was worried about housing and continued to place a series of bearish wagers. These bets brought in over $1 billion of gains.

As Greg Zuckerman from WSJ notes, Soros Fund Management which manages over thirty billion for Mr. Soros and his family has sold stocks and then bought gold and shares of gold miners in anticipation of weakness that is bound to happen in various markets. Gold is viewed as a safe haven during times of turmoil.

This move was not expected from the 85-year old who gained fame in 1992 by placing a bet against the British pound and earned over 1 billion in profits. This is because he has been focused on philanthropy and public policy in the recent times.

Soros has always maintained a close eye on his firm’s investments though he has continued to delegate more and more as he got older. That has however changed as Mr. Soros has been noted spending more time in the office and personally directing trades. WSJ claims that Mr. George Soros is stepping in to fill a void in the firm left by Scott Bessent, who was his top investor. Soros himself has invested a total of $2 billion in Mr. Bessent firm. Soros tapped Mr. Burdick as his chief investment officer though his specialty is in distressed debt rather than Soros specialty of macro investment. This may be the reason Soros felt compelled to step back in.

Read more:
Cramer: Investing like George Soros will never make you rich

A Bearish George Soros Is Trading Again

Mr. Soros has created a more bearish outlook than many which he attributes to economic and political issues in China and Europe. He is also skeptical about the Chinese market which to him is slowing down. He noted that the fallout from the unwinding of Chinese investments would most likely have far reaching implications. Soros also argues that there is a good chance that the European Union will collapse as a result of the immigration crisis and the continued challenges in Greece and also the possible exit from EU by the United Kingdom.

In the US, Soros has adopted a bearish derivative position which serve as wagers against US stocks. However, Mr. Soros could be facing loses in regards to some of those bets as the S&P 500 has climbed since then.

The return of George Soros has been termed as strategic bearing in mind that the last time he placed bets of the same nature, he was right about what would happen. And an even more bearish Soros is back again.

Learn more about George Soros:

http://www.businessinsider.com/george-soros-trading-again-2016-6

http://www.marketwatch.com/story/george-soros-just-made-big-bearish-bets-everybody-panic-and-then-consider-buying-2016-06-09

The Life and Contributions of George Soros

George Soros was born in Hungary, to a Jewish family. Due to the battle at Budapest, Soros fled Hungary and went to England in 1947.He holds a bachelor of science in Philosophy degree as well as a PhD in Philosophy from the London School of Economics. Soros landed his first job at the Singer& Friedlander merchant bank of London, where he worked as a clerk before being promoted to arbitrage division.

Consequently, George Soros later moved to the United States, and began working for Investment firms in New York that include F.M.Mayer, Arnhold & S.Bleichroeder, and the Wertheim & Co firm. In 1973, opted to go his own way by setting up his own hedge fund. Company. This was formed from the basis of the Double Eagle Fund, which had $12 million at the time from the initial $4 million. George Soros on opensocietyfoundations set up the Double Eagle Fund while still working for Arnhold & S.Bleichroeder to affirm his position as an investor by gaining profit from his acumen in reflexivity.

The conflict of interest that rose due to running two funds led to the name of George Soros’ fund changing to Quantum Fund. This fund has experience tremendous growth and popularity in the world due to the aggressive guidance and administration of Soros for a period of two decades. The fund is known for 100% annual returns in two instances with more than 30 percent returns each year.

During his time in Quantum Fund, he had aided in making other people and himself very wealthy. This made him to join the list of one of the wealthiest investors in the world. He was well known for being a short-term risk-taker; in turn, he made large bets basing his judgment on financial market trends. He was convinced that people in the financial market usually purchase or sell their assets basis their argument on sentiments rather than logic reasoning.

George Soros is best known for his philanthropy as the chairperson and founder of Open Society. It is a chain of partners, foundations, and projects in an excess of 100 nations around the world. The open Society Foundation is geared towards a society whereby no human has the monopoly on the truth, all human rights are valued, and where the government is accountable. This sets out the foundation from other privately run philanthropic societies.

In addition, Soros had a record of being an author with various publications under his name that include The Alchemy of Finance, Staying Ahead of the Curve, Open Society: Reforming Global Capitalism, and the Bubble of American Supremacy.

http://www.nybooks.com/contributors/george-soros/

Categories