Category Archives: Businessman

Felipe Montero: His Impact on the Economic Developmental Projects

For a country to achieve economic development, community leaders have to be united. The public and private sector have to collaborate to develop better infrastructure within the shortest time possible. Felipe Montero Jens is of the opinion that the meeting that brought Argentina’s governors together was a good move set to encourage the private firms to invest in infrastructure. The minister of development and infrastructure believes that, when Latin-American investors are given the opportunity to invest, they feel that they were involved in economic development.

The minister called upon Inter-American Development Bank to assist in improving the skills set in the country by investing in education. The key areas that need investment are project development and disaster management. More so, the minister of finance in Argentina and the bank chairman vowed to put the effort to ensure that the bank facilitates the planning process so that the projects can be accomplished. According to Felipe Montero Jens, the government has to support private projects via agreements if an economic revolution is to be. Visit their website felipemontorojens.com to learn more.

The bank’s president urged the government to take up the investment ideas that other countries offered it. The bank has been and still is instrumental in increasing the economic growth of the country. The president of the bank added that he would be adjusting some of the bank’s policies so that they meet the social needs of the community. The bank seeks to reduce the gender inequality gap, and come up with sustainable projects which will guarantee the economic development taking place in line with the set environmental standards.

Felipe Montero Jens affirms that positive results have been seen in the partnerships between the public and private sectors. The quality of lives has changed from the projects they have undertaken. He says that the quality of the roads has improved immensely as a result of the public works. Also, water has stopped being a rare commodity. These partnerships have enhanced the relationships between the banks and the government. As a result of the good relationship nurtured over the years, the banks have offered the government huge loans to facilitate the developmental projects. Read more: https://ideamensch.com/felipe-montoro-jens/

 

Sahm Adrangi Talks About Why He Shorted The St. Joe Company’s Stock

Sahm Adrangi of Kerrisdale Capital Management recently had the honor of being the first speaker at a conference held to talk about short selling named, “The Art, Pain, and Opportunity of Short Selling”. This conference featured over a dozen speakers who talked about the challenges facing those who are short sellers, betting that a company’s stock is overvalued and due for a correction to where its price should be.

He named his speech Ad Fraud Opportunities“. Sahm Adrangi along with his colleagues believe that ad fraud is on the increase. When a news report comes out talking about the latest fraud in regards to online ad numbers he needs to be able to quickly predict what will happen to the stock value of the company that is involved. By making correct bets he increased Kerrisdale Capital Management from a firm with $1 million in assets 10 years ago to a company that now manages $150 million.

Sahm Adrangi is notable for researching companies, spotting that they are overvalued, shorting their stock, and then publishing his research. One company he recently called out as overvalued is The St. Joe Company. He pointed out a number of this company’s shortcomings whic h led to a big decline in this company’s stock value. Among the shortcomings, he pointed out was that they have some pretty desolate land near Panama City Beach which they bought over a decade ago and so far have little to show for it.

Sahm Adrangi released his research showing that The St. Joe Company stock value was very absurd. The market values this company at close to $1 billion. In order to be worth that amount of money, Sahm Adrangi stated that they would have to sell more land than every other company in the Florida Pan Handle put together. It would require that this land would have to become the top-selling master planned community in the United States which is virtually impossible because it is swampland in a remote area that just about nobody wants to live on. He said that this plan has no way of panning out and so he shorted their stock.

https://thehedgefundjournal.com/sahm-adrangi/

GreenSky Credit And David Zalik Do it – And They Do It Big

David Zalik is best known as the co-founder and Chief Executive Officer of GreenSky LLC. Mr. Zalik has an incredibly bright mind, so truly bright that he dropped out of high school at just 13 years of age – and by “dropped out,” I mean he immediately graduated high school by passing secondary school exit exams in the state of Alabama and used his near-perfect SAT scores to end up on Auburn University’s campus, one of the brightest in terms of academics in the state.

GreenSky Credit is another common name for GreenSky – the company essentially acts as a broker between lenders with tens upon hundreds of millions of dollars in capital and tens of thousands of loan applicants hoping to become approved customers. However, unlike true brokers who simply act as middlemen or third-party marketing services that attract customers and initialize transactions before shipping them onto their creditor or debtor destinations.

Without the juice Mr. David Zalik brings to the table through his strategy and personality, GreenSky Credit wouldn’t have set up transactions worth $10 million, let alone upwards of $12 billion since its inception in 2006.

Zalik, a billionaire known for his entrepreneurial skill, was even able to take GreenSky LLC public to raise even more capital for its operations. Less than two years ago, GreenSky LLC reeled in some $50 million on an independent valuation of $3.6 billion in total assets. This happens quite frequently at the Atlanta, Georgia-based business; it’s known as one of hottest investment raisers in the Southeast.

Since David Zalik has such a high personal wealth, he’s able to solicit hefty investments in his co-founded corporate creation of GreenSky Credit from long-term business partners that often invest in GreenSky Credit, newbies who quickly find out they can trust Mr. Zalik with whatever they desire.

Here’s how Greensky Credit reels in the dough – the contractors that send out the loans to customers through the intermediary of GreenSky Credit break off about 5 to 6 percent of the loan’s value; GreenSky, under David Zalik’s expert leadership, is also able to double dip on commissions earned by taxing customers.

https://www.forbes.com/sites/laurengensler/2017/08/08/greensky-billionaire-david-zalik-home-improvement-loans/#4bee93c16876