President of Highland Capital Management Is Named To University Board

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Posted by omeditors | Posted in Investment Options, Philanthropy | Posted on 24-06-2017

James Dondero is the co-founder and President of Highland Capital Management, L.P. It has been announced that he has been named by Southern Methodist University to their Executive Board for the Cox School of Business. The relationship between Highland Capital and Southern Methodist University has grown strong over the years; Highland Capital created and endowed the university’s Highland Capital Management Tower Scholars program. This program teaches students who are pursuing public policy as a career. Highland Capital Management also financially supports the George W. Bush Presidential Libary and Museum.

When his naming to the board was announced, James Dondero said that The Cox School graduates a great many students who go on to contribute to the Dallas business community. He added that he felt honored to contribute to the Cox School’s mission.The Cox School Executive Board is made up of 100 members and they each contribute to the strategy of the school. The board meets one time each in the spring, winter, and fall.James Dondero has a number of other positions in the Dallas business community. He is also the Chairman of Cornerstone Health, CCS Medical, NexBank, and NexPoint Residential Trust. Additionally, he is a board member of Jernigan Capital and Metro-Goldwyn-Mayer Studios.

Mr. Dondero is a graduate of the University of Virgina-McIntire School of Commerce where he majored in both accounting and finance. He has also earned the financial designations of Chartered Financial Analyst and Certified Management Accountant. He began his professional career in 1984 at Morgan Guaranty. In 1985, he joined American Express where he was a Portfolio Manager and Corporate Bond Analyst. He also worked at Protective Life and was instrumental in creating their GIC subsidiary.Along with Mark Okada, James Dondero co-founded Highland Capital Management in 1991. He now specializes in alternative investments such as high-yield corporate bonds and distressed investing. He also packages and sells other alternative investment assets such as hedge funds, funds of funds, private equity funds, institutional separate accounts, and REITs. As President of Highland Capital Management, he oversees day-to-day operations as well as sets the overall corporate strategy of the firm. Visit: http://www.jamesdondero.com/bio/ to learn more.

Igor Cornelsen is Retired, but Still Gives Important Investing Advice

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Posted by omeditors | Posted in Investment Options | Posted on 25-02-2016

Born and raised in Brazil, Igor Cornelsen is the head of Bainbridge Investments, a firm based in the Bahamas. He started out in the banking industry managing some of Brazil’s best and largest banks, then left that job to focus on investing. He works hard to give investors advice to help them save and not lose money. With his vision, Bainbridge has helped transform lives, including the Burger King company. He retired in 2010 and lives in Boca Raton Florida, where he loves playing golf. He still spends three months a year in Brazil.

To get the more coverage and leverage, his advice gets published online. With the World Cup recently held in Brazil and the 2016 Summer Olympics coming up, the mainstream media is paying more attention to Brazil than ever. And the threat of the Zika virus is increasing that coverage. This includes reporting on Brazil’s economy, Cornelsen’s specialty.

In one facebook article published the end of 2014 he reports on how the former president’s “new economic matrix” did not help the economy as intended. Yet Dilma Roussef, the new president, didn’t plan to change the old populist policies. Cornelsen favors a return to an economy ruled by the market.

The new economic matrix was responsible for reducing the value of Brazil’s stock market and limiting growth in GDP to under 2%. Because Brazil is the 8th largest economy in the world and has a lot of natural resource wealth and a large agricultural industry, it could do a lot better economically, with the right economic policies.

He identifies Joaquin Levy, Finance Minister, as Brazil’s best economic hope. Levy has a Ph.D from Chicago University and previous experience working for Brazil’s government.

Igor Cornelsen also notes the negative effect of a series of financial scandals at Petrobras, the Brazilian energy company. They will force the company to adjust their balance sheet, and the share price will fall.

Despite its problems, Brazil has over 200 million people, is a top agricultural producer and is the largest country in South America. Cornelsen advises business investors in the country to form relationships with Brazilians, to be prepared to deal with the bureaucracy and to learn how to deal with the legal restrictions on foreign currency transactions.

In other areas he has explained to potential business investors there are ten major privately-owned banks in Brazil. They grow every year and contribute to the economy.

He advises paying close attention to China. They are Brazil’s largest trading partner, so they are fueling growth. However, they are also Brazil’s largest export competitor.

Brazil’s currency is the “real.” For years, Brazil overvalued the real, which was bad for their export market.

Cornelsen believes in investing for the long-term. In the short run, you cannot predict stock market movements. At any time, stocks may go down. At any time, they may go up. Over time, especially given economic policies that encourage economic and business growth, stocks go up.