Randal Nardone graduated from the Connecticut University with a degree in English and Biology and later enrolled in the Boston University School of law where he graduated from with a Doctor of Jurisprudence. After graduating, he joined the Thacher and Wood law firm as a partner and an executive and later changed his career path and joined the finance industry. Randone worked at BlackRock Financial Group as a principal and later on joined UBS as a managing director for one year from May 1997. In 1998, Randal Nardone and four other finance experts joined forces to launch the Fortress Investment Group. Since its founding, Randal has been a principal and a member of the management committee of Fortress.
Fortress Investment Group is a universal investment manager that is highly diversified and managing assets worth 43.6 billion dollars. Fortress manages assets for more than 1750 established clients as well as private financiers. It also provides these clients with investment strategies that long-term and beneficent to the clients’ corporate existence. Fortress is reported to have close to a thousand employees who are specialized in asset management and over two hundred who are investment specialists. In December 2017, SoftBank Group Corporation made a public announcement that it had completed transactions to acquire the Fortress Investment Group.
The terms of the purchase outline that Fortress will continue to operate as an independent entity under SoftBank and its headquarters will be maintained in New York.The acquisition was made for 3.3 billion dollars, and each shareholder is entitled to receive 8.08 dollars for each share they own. As a result, the Fortress Investment Group shares were struck from the stock market to avoid complication in the transition. The primary beneficiaries of the transactions are the five principal shareholders; Peter Briger, Michael Norvodratz, Robert Kauffman, Wesley Edens and Randal Nardone.Forbes already lists Randal Nardone as the 557th person in the World’s Billionaires list, and the amount he is set to receive from the sale of Fortress will indeed move him to a higher rank. The fifty-one-year-old father of one is set to venture more into finance while remaining a board member at Fortress Investment Group.
The Oxford Club is a financial publishing company based in Maryland. Since its establishment in 1989, their membership has grown to over 157,000 and their publications have reached people in more than 130 countries. Signing up for The Oxford Club is free. The Oxford Club’s objective is to provide its members with information that will help them make wise financial choices and better investments.
Over the last two weeks, the Dow Jones dropped a couple thousand points- all other major indexes dropped significantly as well. The market correction, as most analysts are calling it, wiped out all the profits that I have made over the last 6 months. The Oxford Club provides its members with information that will help them protect their stock portfolio from market downturns.
The Oxford Club suggests adopting four investment strategies: the first and most important is diversification. A healthy stock portfolio will contain a variety of different companies from different sectors. Investors should be aware of the amount of volatility that each stock carries. Placing 90% of your stock portfolio into highly volatile stocks is a recipe for disaster. However, with the right timing, investors can capitalize on the volatility of a stock.
The Oxford Club never gives its members buy recommendations for any stocks without offering them an exit strategy. Knowing when to sell a stock is just as important as knowing when to buy. If you sell too late you will see your profits erased; The Oxford Club recommends cutting losses early.
Having the right proportions of different stocks will make a huge difference in your portfolio. Investing in blue chip stocks will typically help reduce losses. Understanding how to negate the risk of owning volatile stocks will ensure that you hold on to profits.
Do not take any profits made for granted. Find a brokerage company that charges little or no trading fees in order to make the most profit.
Cassio Audi is a business personnel and a musician from Brazil. Before starting his musical career, Audi was a real fan of rock music during its establishments. With that passion, Cassio together with his music colleagues Pet Passarell, Yves Passarell, Felipe Machado and Machado Andre co-founded their band in 1985.This team through cooperation brought improvements in their music career. Cassio usually kept himself busy with the band activities daily. The band’s musical inspiration mainly came from Iron Maiden and the British heavy metal music.
The group contributed in Cassio’s dream as a drummer at Viper Rock Music Band. Not only was he a drummer but also helped the band in composing and marketing songs. Audi ensured he saw the group through receiving airplay. They performed at different stages with incredible staged performances. The band rocked the industry with hits such as princess from Hell, Nightmare, and Kilera among other major hits.
The band members decided to extend their career beyond Brazil. They performed in America and Europe. The band released their first album, Soldiers of Sunset, in 1987 with the help of Cassio’s talent in song writing. The Soldiers of Sunset album received a four-star by Allmusic. The album gave the band success recognizing them into the musical stardom of rock. Viper Band was unique and marketable from other Brazilian bands as they also sang in English. Their second album, Theater of Fate, was launched in 1989. The album stamped Audi as an amazing composer and an astute lyricist.
After Theater of Fate album, Cassio joined Pontificia Universidade Catolica de Sao Paulo where he graduated with a business administration degree He received an MBA in Finance from the University of Sao Paulo. Cassio is still well- known in the rock music industry. He uses his creative mind in his musical business. He was entirely dedicated to his musical career before joining the business globe.