Category Archives: Entrepreneur

George Soros Uses A Lifetime of Wealth to Create a More Open Society

George Soros Uses A Lifetime of Wealth to Create a More Open Society

George Soros, the self-made billionaire and philanthropist, has become famous both for his investment knowledge and his commitment to liberal causes. In his early years, he was a Hungarian Jew under Nazi then Communist occupation, before becoming a refugee in London, England during the late 1940s.

In London, he would discover the two things that would later become his driving passions in life: finance and the open society. At the London School of Economics, he earned a degree in finance and developed an investment genius that would make him a billionaire several times over.

Learn more: http://www.biography.com/people/george-soros-20926527

The other thing he learned in school was a more serendipitous. In 1947 he picked up and read a book Karl Popper, a liberal thinker whose idealistic views of society were just starting to come into being. Karl Popper believed in what he called the “Open Society,” a world where people of all ages, backgrounds, beliefs and dreams could come and live together in harmony. It heavily critiqued totalitarianism, and strongly supported the philosophy behind science and learning.

For a person who had grown up seeing Nazi Germany and the excesses of Communist Hungary, it may be little surprise that George Soros fell in love with Karl Popper’s idealism. The book’s essential teachings in support of democracy, individual rights, and the necessity of having an open exchange of ideals would strongly influence much of George Soros’ charitable giving and future Foundation.

After graduating from the London School of Economics, George Soros moved to New York City. There, he found a niche among the other traders on Wall Street, and soon became a very well-known and respected trader on the stock exchange. He worked for other investors for nearly twenty years before beginning his own Fund, originally called the Soros Fund.

The 12 million dollars in initial investments grew rapidly under the Soros investment strategies and he became one of the wealthiest investment traders in the world. Over the next four decades, George Soros would see his wealth grow to an estimated net worth of 26 billion dollars, and at age 85 he was the 21st richest man in the world.

Even as his wealth grew, George Soros did not stray far from the philosophy of liberalism and tolerance that he first encountered between the pages of Karl Popper’s books. He wanted to see the open society that he’d read about come into being, and that’s why he named his foundation The Open Society.

The primary goal of The Open Society Foundation is to promote the educational, political, and social climate necessary for democracy and the open exchange of ideas to exist. George Soros has donated millions of dollars to non-profits whose aims align with his own.

Financial Analyst, Brad Reifler Looks At New Marijuana-Based EFTs

Financial Analyst, Brad Reifler Looks At New Marijuana-Based EFTs

At a time when investors are exploring alternative investment selections, the billion-dollar marijuana market offers new prospective. Crunchbase reported that Brad Reifler, renowned investment advisor stresses how the legalization of cannabis has become a big benefit for investors. Just a few years ago, investing in marijuana-themed stocks were an outlandish idea but it’s a legitimate business today.

In fact, this year, the cannabis business should contribute about 17 billion dollars to the U.S. economy, and by 2020, Marijuana Business Daily estimates, marijuana to be 45 billion dollar business. Currently, the spotlight is on Canadian-based medical marijuana industry.

In early May 2016, Aphria, the Canadian producer of marijuana drugs, such as depression, went public in Toronto. In just six months, the share price had risen by a whopping 127 percent. Whoever had invested $1000 dollars in Canada could sell their shares now for approximately $2500 dollars.

Doing even better, says Brad Reifler, is Aurora cannabis, another Canadian marijuana producer. Within a year, their shares have risen by 540 percent. Yet, finding these unbelievable gems is extremely difficult, and requires some research and a bit of patience. You can currently access the North American Marijuana Index, which reflects 32 different companies found in North America selling cannabis and listed on the stock exchange.

That doesn’t mean the industry is completely stable yet. “There are far too few inexperienced managers and often very small companies,” says Reifler. “And this lack of experience can lead to crisis.” Learn more about Brad Reifler: https://finance.yahoo.com/news/brad-reifler-forefront-capital-want-165445401.html

The most successful right now are the pharmaceutical-based companies, but even for companies with the initial success like GW Pharmaceuticals, their future is murky with health authorities looming about. Additionally, because of issues between state and US federal laws, and no cooperation with the banking industry, the cannabis market has problems funding expansion. This presents an enormous risk for investors.

With more than two decades of experience, Brad Reifler has focused on and tried and true strategies to build wealth for his clients. No matter the destination, Reifler has a solid investment plan for success. He is recognized as a financial and investor specialist and a premier provider in financial services.

According to Barrons, Brad Reifler graduated from Bowdoin College with dual degrees in Political Science and Economics. He is a financial planner, analyst, and investor, and has served as CEO at Pali Capital, Reifler Capital Management, which he founded in 1992, and Forefront Advisory.

Brad Reifler has served on the board of the European American Investment Bank and led several organizations like the Sino Mercury Acquisition Corporation, and Wins Finance Holdings Inc. In addition to his financial analyst designations, he holds his Series 3, 7, 24, and 63 registrations.

Sawyer Howitt: A Rising Star in the Entrepreneurial World

Sawyer Howitt: A Rising Star in the Entrepreneurial World

Sawyer Howitt is the son of David Meriwhether, the founder and CEO of the Meriwether Group. Sawyer, a senior in high school, holds a project manager position in his Father’s company. In preparation for an Entrepreneurial Finance program at Columbia University, he has focused his interests and studies on business and finance. Sawyer Howitt is an entrepreneur in training, learning the ins and the outs of operating and running a business. As part of his daily routine, he prepares spreadsheets and presentations, takes notes during meetings, and files documents.

Click here to learn more about Sawyer Howitt.