Twitter is a place where everyone can express their feelings about any number of topics. Shervin Pishevar decided to spend 21 hours in February 2018 expressing his opinions about the stock market. Specifically, he spent time posting about Bitcoin, gold prices and volatility in the market.
Shervin Pishevar Doesn’t Like Bitcoin
Bitcoin has been controversial since it was first introduced several years ago. However, it steadily increased in value until late in 2017. Shervin Pishevar says that the price of Bitcoin should not be expected to remain at $19,000 or more per coin. Instead, it should be expected to drop to as low as $2,000 a coin before eventually bottoming out.
Shervin Pishevar Does Like Gold
According to his tweets in February 2018, Shervin Pishevar says that you should put your money in gold. This is because the stock market and bond market are likely to see extreme volatility throughout 2018. He said that the stock market would lose 6,000 points, which would put it in correction territory. However, gold would likely retain its value or increase in value.
Volatility Will Hit the Bond Market Too
One of the reasons Shervin Pishevar likes gold instead of bonds is that the bond market will be more volatile than usual. Typically, this market a safe haven for when stock markets are choppy or going down. In this case, bonds will be reacting to instability in stocks, and there is no telling when they will be worth investing in again.
Stream Energy is a Dallas company that has been taking its profits and giving back to a community that needs it. They were right there when Hurricane Harvey unloaded a platoon of rain that put residents in a bind. The Houston community had suffered greatly where many lost homes and more. Stream energy jumped in quickly and was one of the first businesses on the scene to help out. There was indeed a long road to recovery that would take several months. Philanthropy is apart of the Stream Energy mission where they started the charitable organization called Stream Cares. Leaders of the organization have made helping customers in their areas and other surrounding communities a serious part of their overall brand. When companies get involved on the charity level it can bring about many benefits. In one respect they win the loyalty of perspective customers and do a good deed that is seriously needed.
The Stream company is a direct selling energy business that has gained a list of clients that use their products and services. The stream care associates are known for their commitment to homelessness. The corporation maintains a long relationship with Red Cross and The Habitat for Humanity. They have always made it a point to get involved with grassroots organizations and local drives within communities. In addition to that, Stream energy associates and employees keep a good track of how may homeless people are in the areas they service such as Dallas. At this point there is 24 percent of Dallas’ homeless people that Stream energy helps out. They have also continued their charity by partnering with Hope Supply company. They are known to provide diapers, school supplies and clothing for homeless children. In 2016, Stream employees jumped at the chance to help victims in the horrific Texas tornado. Associates went to work and immediately joined forces with the Salvation Army. They were highly successful in raising thousands of dollars that went toward their recovery.
Randal’s current position on the Forbes Billionaire list
Randal Nardone holds the position 557 on the Forbes Billionaire List. Randal is apart of the Fortress Investment Group and has several different positions the organization, its subsets, and other organizations. Find out more about Randal Nardone at marketscreener.com.
Randal’s Current and Previous Boards/Positions
Randal is the co-founder of Fortress Investment Group LLC which was established in 1998. Since August 2013, his title served for the organization has been the Chief Executive Officer and respectively the principal for credit corporation for the investment group since 1998. He also serves as the President of Ncs 1 Llc. and Springleaf Financial Holdings, LLC in 2010 until 2013. He is not short on titles with other boards apart from Fortress. From June 2002 to September 2016, he was the Vice President and Secretary of Newcastle Investment Holdings LLC also known as Drive Shack, LLC., the Co-Founder and CEO of a separate entity with Fortress Investment known as their Fund IV, L.P. sector. Randal holds the title of Co-Founder of Fortress Registered Investment Trust and is the department’s CEO, Principal, COO, Vice President and Secretary since November 1999. With the RIC Coinvestment Fund LP, he sits as the Chief Operating Officer, Portfolio Manager, and Secretary.
Nardon was the CEO and Secretary of IMPAC Commercial Holdings, Inc. starting back in May of 1999 and from December 2011 to August 2013, he served as an Interim Chief Executive Officer of Fortress Investment Group LLC. For a year starting in May of 1997, Randal was the Managing Director at UBS and the Principal for BlackRock Financial Management, Inc. Since 2008, Nardon has been the Director of Florida East Coast Holdings Corp. He holds the position of Director of Alea Group Holdings Bermuda Ltd. and is a member of Eurocastle Investment Limited since August 2006.
Wes Edens is a prominent business person in the United States of America. Ever since his early years, Wes has been a go-getter, and when he was young, he was a modest skier. After his graduation from High school, Mr. Eden joined Oregon State University where he pursued Bachelors of Science in Finance and Business Administration in 1984.
Immediately after his graduation, Mr. Wes got an opportunity to secure a job with Lehman Brothers where he was serving as a partner and the Managing Director from 1987 to 1993. Eden is not among the individuals who settle for less; instead, he is a hardworking man who always wanted to fulfil his dreams as he changes the financial sector. In 1997 he joined BlackRock Asset Investors where he also worked as the Managing Director and partner. His passion for the financial industry led Wes Edens to establish Fortress Investment Group together with other partners in 1998. The investment expanded and in 2007 it was the first private equity firm to trade on February 2007 publicly. Wes Edens is an expert in the financial sector, and the Wall Street Journal described him as one of the individuals with a unique economic strategy which builds a business from investment and also has creative financing.
Apart from being a financial expert, Wes Edens has also invested in other sectors including sports. He is the co-owner of Aston Villa Soccer Team. He is passionate about sports, and apart from the soccer club, Mr. Eden is also the co-owner of NBA Franchise Milwaukee Bucks. Wes Edens together with his co-owner were thrilled to become part of one of the greatest football clubs and team. Wes together with his partner are football fans, and during their speech, they said that they believe they will bring positive changes in the football club as they combine their business and sports experience to return Aston Villa to its rightful position. Wes Eden’s passion for sports led to the foundation of eSports which is a professional video gaming. Wes continues to make positive impact both in the sports and the financial world.