Subscribe to RIA Intels thrice-weekly newsletter.]. You can do it, too, he added. "Go after what you want, and be all that you can be.". Subscribe to Stathead Football: Get your first month FREEYour All-Access Ticket to the Pro Football Reference Database. It takes time to get back up, but we have had renewed waves of lockdowns in the fall and layoffs. Data is a real-time snapshot *Data is delayed at least 15 minutes. Lets start with your macro view. Discover your dream home among our modern houses, penthouses and villas. We present them here for purely educational purposes. Instead, it is something people need to seek out. Lets call it artificial income and artificial credit for small businesses that are keeping the economy alive. Hi, James. When the US economy showed signs of vulnerability last October, James McDonald took special notice. But I think that the market will rebound and potentially finish the year slightly higher. All rights reserved. I think we will have another risk event that pulls the market down. Also on Wednesday, the U.S. Securities and Exchange Commission filed a civil complaint charging McDonald and Hercules with violations of federal securities law. Having traded more than $10 billion worth of options in his 26-year career, McDonald says speculative excess is rampant, citing bitcoin, the SPAC boom, Reddit/GameStop, and elevated valuations. He dropped out after freshman year," Wright recently told CNBC. And so, the gains that weve seen have come based on an enthusiasm and optimism placed across the entire market. Degas Wright, founder and CEO of Decatur Capital Management, learned at an early age the importance of investing in himself. His advice to Black youths today: Dont financially limit yourself, no matter what others say to you or believe about you. Times Internet Limited. As of January, the unemployment rate for Black Americans was at 9.2% compared to 5.7% for white Americans, according to data from the Federal Reserve Bank of St. Louis. After earning a "D" in eighth-grade algebra, he told his mother that he was one of just two Black students in his class and didn't want the White students to think he was stupid. More from Invest in You:President Biden pledges to fix the racial wealth gap. New RIA of the Year nominee Colton Etherton helps tattoo artists prepare for the future. So, I got to root for Tom Brady because any 40-plus football player is one I admire. This is not a wealth gap. Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns. James Arthur McDonald Jr., 50, ran two Los Angeles-based investment firms called Hercules Investments and Index Strategy Advisors. He likes to remind young Black men to look at the success others have had before them, most notably the first Black man to sit in the Oval Office, former President Barack Obama. Unlike hedge funds, however, a mutual fund is accessible to individual investors and their advisors in a very transparent package. It means that sentiment and greed can move a market in the face of asking for fundamental justification in the short term. This biographical article relating to an American football tight end born in the 1960s is a stub. VANESSA CARNEY VS WELLS FARGO SECURITIES, LLC, A DELAWARE LIMITED LIABILITY COMPANY. VS HERCULES INVESTMENTS, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, ET AL. academy of western music; mucinex loss of taste and smell; william fuld ouija board worth. So, I think over 75% of the gains in the S&P 500 in 2020 could be attributed to a handful of names. This case was filed in Los Angeles County Superior Courts, Stanley Mosk Courthouse located in Los Angeles, California. Thats why our ticker is NFLHX. Rams Get McDonald Back From Lions for a Draft Pick, Pirates' James McDonald Still Living Dodger Stadium Childhood Dreams, https://en.wikipedia.org/w/index.php?title=James_McDonald_(American_football)&oldid=1134094613, Players of American football from Long Beach, California, National Football League replacement players, Long Beach Polytechnic High School alumni, American football tight end, 1960s birth stubs, Short description is different from Wikidata, NFL player missing current team parameter, Infobox NFL biography articles with old NFL.com URL, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 17 January 2023, at 00:16. Please read our Terms and Conditions, Modern Slavery Act Transparency Statement, and Privacy Policy before using the site. ', "And to this day, math is my favorite subject.". James McDonald has been working as a Chief Executive Officer at Hercules Investments for 3 years. James McDonald has not been elected into the Hall of Fame. Volatility blew up as investors realized that normal life was grinding to a halt across the globe. Now, there are a handful of companies that have flourished in the Covid era, but its a handful of companies. He earned a bachelors degree in economics from Harvard University. James McDonald will surely be watching. Do you have a blog? All rights reserved. * Selected to Pro Bowl, + First-Team AP All-Pro, Bold indicates league leader. Its like a freight train that cant come to an exact halt without a crash. I really enjoyed speaking with you and appreciate you taking the time. They were very supportive during the financial crisis and grew through multiple transactions as our business started to scale. Complaint; Filed by: Loui Rudas (Plaintiff); Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust (Plaintiff); As to: Hercules Investments, LLC, a California limited liability company (Defendant); James A. McDonald, Jr., (Defendant); Erin Maureen Schmidt (Defendant) et al. Yeah. All rights reserved.For reprint rights. The S&P 500 is trading at about 23 times projected forward earnings. He started Black Entertainment Television with a $15,000 loan in 1980 and in 1991 he launched it as a public company the first African-American-owned one traded on the New York Stock Exchange. "There are going to be explosive opportunities for investors," says James McDonald, CEO of investment firm Hercules Investments on November 12. Times Syndication Service. . All Rights Reserved. The potential for growth is there, but the conditions for growth are not because we are artificially providing income. keystyle mmc corp login; thomson reuters drafting assistant user guide. And debt has spiraled over 50% higher to GDP than where we were last year this time. There are hundreds of companies in the small cap space that dont have the cash to pay their debt. A Division of NBCUniversal. Johnson, who is no longer on the Forbes billionaire list, took BET private in 1998 and sold it to Viacom in 2001 for approximately $3 billion. In a portfolio with a beta of one, one would enjoy virtually 100% downside protection with an allocation of 15% to the Hercules fund. There is nothing like self-empowerment: Feeling like you have the tools within yourself to kind of move forward, said Eison, who credits his mother for helping shape him into the man he is today. brookstone therapeutic percussion massager with lcd screen; do nigel and jennifer whalley still own albury park Michelle Fox is a digital producer for CNBC. You can help Wikipedia by expanding it. On 02/22/2021 LOUI RUDAS, filed a Property - Other Property Fraud court case against HERCULES INVESTMENTS, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, in Los Angeles County Superior Courts. If the next generation wants to succeed they need to turn to their superpower, according to Kourtney Gibson, president and partner at Loop Capital Markets. The fact that we were first, the fact that we symbolized what Black Americans can do if given an opportunity was the proudest, one of the proudest days of my life in business.. SIGN UP: Money 101 is an 8-week learning course to financial freedom, delivered weekly to your inbox. He said he hopes those who aspire to become successful adopt the mindset that they have limitless possibilities. Our emphasis is on index options investing around the U.S domestic large indexes, specifically, the S&P 500, the Russell 2000, and Nasdaq 100. 2:22-CV-06799 | 2022-09-21, Los Angeles County Superior Courts | Contract | on 02/22/2021, entered Request for Dismissal without prejudice filed by Loui Rudas and Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust as to Erin Maureen Schmidt and Brady Schmidt, does does 1 through 10 only, Summary of the Case; Filed by: Loui Rudas (Plaintiff); Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust (Plaintiff), Declaration Pursuant to 585 CCP in Support of Default Judgment; Filed by: Loui Rudas (Plaintiff); Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust (Plaintiff). And what were seeing now is bull market enthusiasm and all types of signs of bubbles in asset prices. His rationale is that options earn part of their value from anticipated price changes in the underlying security. Set. 633 W 5th Street, Los Angeles, CA 90071 From nearby Copenhagen, the Danish economist deconstructs Europes worst conflict since World War II and the implications for economies and markets now and in the future. And so, if the market falls say 10%, our allocations will potentially offset the losses in the long only portfolio. He also gained a valuable lesson when he was 16 years old. This article was originally published on CNBC. My dream was always to play in the NFL and thats going to be my ticket. Only about 12% of nearly 12,000 applicants are accepted to West Point each year. James has held senior roles with Fortune 500 investment firms in brokerage, wealth management, portfolio management, and trading. But then came the coronavirus, which was so crippling to the global economy that investors could not shrug it off like they had the manufacturing slowdown, Hong Kong protests, and impeachment trial. The ideal client would have a portfolio of stocks that have appreciated with the market and while offering great growth potential is susceptible to a market downturn. James McDonald was born in Long Beach, CA. What should advisors know about your firm and how you can help them? Voit muuttaa valintojasi milloin tahansa siirtymll yksityisyydenhallinta-asetuksiisi. (No Ratings Yet) Global Business and Financial News, Stock Quotes, and Market Data and Analysis. I think the phenomena is an anomaly like virtually every pocket of life were in right now. March 29,1961 The Securities and Exchange Commission today announced the filing of a civil injunctive action against James Arthur McDonald, Jr. and his SEC-registered investment adviser firm, Hercules Investments, LLC in connection with two fraudulent securities offerings. If markets rise, our fund is managed to match or exceed that growth based on our ability to go long or short with index options. And so the more fear exists in markets, the better the strategy performs. A new strain of COVID-19, historically elevated tech . He expects volatility to eventually normalize, just as it departed from its normal historical range. James McDonald founded his most recent company, Hercules Investments, in 2019 after spending about two decades in the finance industry. Key stock indexes, which are market cap based, are near record highs. Hercules CEO, CNBC Pundit 'In Hiding' Amid Securities Fraud Charges James Arthur McDonald Jr. appears to be on the lam as he faces as much as 20 years in prison for allegedly defrauding. Prior to founding Hercules Investments in 2019, he was CIO of Vishnu Wealth Management and CEO and founder of Index Strategy Advisors where he led the firm for nine years. Furthermore, index options provide compelling risk/return profiles with substantially less risk and volatility than their stock option counterparts.. He likes to remind young Black men to look at the success others have had before them, most notably the first Black man to sit in the Oval Office, former President Barack Obama. Gbajabiamila, who played professional football for the Oakland Raiders, San Diego Chargers and Miami Dolphins, added that there is a lack of trust in Black communities. Hercules investments is an award-winning portfolio manager serving growth-focused individual. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. As a cadet, he helped change The Citadel. And this is evidenced by us being at valuation levels weve never touched before, even higher than 1929 and 2000-2001. "While I understand that you may not have all the luxuries at your disposal, opportunity, met with tireless effort, will lead to results," Eison said. "For me, reading about finance, reading about stories of financiers made a huge difference in empowering me to have the courage to pursue my own financial career," he tells CNBC. 2022-04-12, Los Angeles County Superior Courts | Labor | Fair question. Long Beach Polytechnic (CA), PFR HOF Monitor: 0.98 (481st among TE, average HOF TE is 97.46). why was waylon jennings buried in mesa az; chop pediatric residency The pandemic has widened the gap between Black-owned businesses and their white counterparts. Minute Order (Court Order RE: Default Judgment), Certificate of Mailing for (Court Order RE: Default Judgment) of 07/14/2022; Filed by: Clerk, Case Management Conference scheduled for 08/10/2022 at 08:30 AM in Stanley Mosk Courthouse at Department 55 Not Held - Vacated by Court on 07/14/2022, On the Complaint filed by Loui Rudas, et al. 28, 2021 at 7:18 a.m. LOUI RUDAS, ET AL. LOS ANGELES, July 23, 2020 /PRNewswire/ -- Hercules Investments, a Los Angeles based Registered Investment Advisor and Independent Wealth Advisor, has announced the hire of Loreal McDonald as . Get James McDonald's email address (j*****@post.harvard.edu) and phone number (718848..) at RocketReach. Yet it would take a couple of hours to earn enough to pay for lunch, so he decided to bring lunch from home. As a result, McDonald's options trades that bet on this price trajectory have paid off handsomely. How does it factor into your life? Its not a doomsday picture, but markets are priced right now as if all economic engines are fully up and running. SIGN UP: Money 101 is an 8-week learning course to financial freedom, delivered weekly to your inbox. james mcdonald hercules investments wife. LOS ANGELES, Oct. 10, 2019 /PRNewswire/ -- Award-winning derivatives investment management executive James A. McDonald, Jr. today announced that he has launched Hercules Investments LLC,. We have tools and resources that can help you use sports data. All Rights Reserved. Or write about sports? DocketNotice of Case Assignment - Unlimited Civil Case; Filed by: Clerk, U.S. District Courts | Finance | Youre describing a giant disconnect between the markets and small businesses that are in a world of hurt. He started trading financial and energy options at JPMorgan Chase and made a few other career moves before taking his current job as managing director of equity derivatives at XP Investments. The breadth of risk is extremely wide. DocketSummons on Complaint; Issued and Filed by: Loui Rudas (Plaintiff); Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust (Plaintiff); As to: Hercules Investments, LLC, a California limited liability company (Defendant); James A. McDonald, Jr., (Defendant); Erin Maureen Schmidt (Defendant) et al. To what extent do multiples deserve to be elevated given ultralow interest rates? Request for Dismissal; Filed by: Loui Rudas (Plaintiff); Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust (Plaintiff); As to: Loui Rudas (Plaintiff); Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust (Plaintiff); Hercules Investments, LLC, a California limited liability company (Defendant) et al. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. What to know before applyingBlack small-business owners are being left behind in the pandemic, survey findsBlack leaders offer several key steps to help close the racial wealth gap. He played for the Los Angeles Rams and Detroit Lions. McDonald was CEO of Index Strategy Advisors from 2010 until 2019, when he founded Hercules, which offers market neutral portfolio management, while specializing in high-growth equity index options for clients. M. GUION ?GUY? Copyright 2023. Terms & Conditions. Owner @ Houston Wolverines Semi-Pro Football Team; Vice President, Director of Strategic Initiatives, Wealth Management Group @ Bbva Compass . Moneys thrown into the stock market, not just big caps, theres a whole surge of investing that weve seen, maybe with the beginning of the online trading movement, where there are pockets of individual investors who have moved into investing in a way that is creating tons of frothiness. DocketMinute Order (Case Management Conference), DocketCase Management Conference scheduled for 08/26/2021 at 08:30 AM in Stanley Mosk Courthouse at Department 55, DocketNotice of Case Management Conference; Filed by: Clerk, DocketCase Management Conference scheduled for 06/18/2021 at 08:30 AM in Stanley Mosk Courthouse at Department 55, DocketUpdated -- Omar H Bengali (Attorney): Middle Name changed from H. to H, DocketAddress for Omar H Bengali (Attorney) updated, DocketCase assigned to Hon. Selling It. ET. Default judgment by Court entered for Plaintiff Loui Rudas and Plaintiff Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust against Defendant Hercules Investments, LLC, a California limited liability company and Defendant James A. McDonald, Jr. on the Complaint filed by Loui Rudas, et al. Veteran markets strategist James McDonald, CEO of Hercules Investments, is staying with a call that he has had throughout the coronavirus pandemic fueled bear market, now going on two. Glenn Koenig / Los Angeles Times via Getty Images file, President Biden pledges to fix the racial wealth gap. But buying index call options should remain profitable all the way through the election because smaller pockets of volatility are likely. Yes. He played for the Los Angeles Rams and Detroit Lions. He has two brothers -- James, vice president-investments at Wachovia Securities in Arizona . All logos are the trademark & property of their owners and not Sports Reference LLC. In our view, index options are a far more efficient and low- cost way to implement growth strategies for client portfolios compared with using funds or individual stocks. Spurred by the killing of George Floyd by a Minneapolis police officer last May and the cries for racial justice and equity, corporate America is starting to listen and address issues of diversity. I played semi-pro football for 12 years. We are able to provide uncorrelated growth, meaning our strategies do not depend on equity markets continuing to rise in order to accomplish gains. LOS ANGELES (AP) A man who ran two California-based investment companies and frequently appeared as a TV financial news analyst was charged Wednesday with securities fraud for allegedly bilking clients out of millions of dollars, federal prosecutors said. LOS ANGELES Award-winning derivatives investment management executive James A. McDonald, Jr. today announced that he has launched Hercules Investments LLC, a Los Angeles-based Registered Investment Advisor. Please see our Contributors and Sources page for data source details. But eventually you must. That would be a doubling from the low. Here are his plansBlack-owned businesses hope this round of PPP wont fail themBlack leaders offer several key steps to help close the racial wealth gap. We do this because we invest in index options, which give us the flexibility to purchase contracts that rise in value when markets fall and to own very misunderstood and often overlooked asset class volatility. Very few recessions and market collapses have recovered in the time period that we saw in 2020. 11 Opinions Unlock Rating. [2] Greg Bartalos (@gregorianchance) is editor of New York City-based RIA Intel. james mcdonald hercules investments wife. More on that later. 2023 Fortune Media IP Limited. With the Super Bowl around the corner, who do you want to win and who do you think will win? James McDonald had 14 receptions over his career. Lists Featuring This Company. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Securities and Exchange Commission v. James Arthur McDonald et al. Sign up for theFortune Features email list so you dont miss our biggest features, exclusive interviews, and investigations. Yet at the same time, people of color are facing an outsized financial hit from the coronavirus pandemic. inLong Beach,CA, Weighted Career AV (100-95-): 2 (13368th overall since 1960), High School: CHICAGO-- ( BUSINESS WIRE )--James McDonald, CEO and Chief Investment Officer of Hercules Investments, a Los Angeles-based Registered Investment Advisor, is hosting a virtual event,. Yet it's not his only passion he had a 12-year. Yet it's not his only passion he had a 12-year semi-pro football career and also won the 2018 Southern California Heavyweight Boxing Tournament. 2022-03-08. With interest rates so low, what do you make of the TINA argument, which asserts there is no alternative to stocks? When we perform well for the client, we perform well for ourselves. Describe the ideal client profile. Yet its not his only passion he had a 12-year semi-pro football career and also won the 2018 Southern California Heavyweight Boxing Tournament. I learned at an early age to live with less.. What the Fed did was to protect the economy from going into the abyss. RIA Intel is part of Delinian. 'We have not had a single loser': An investment chief who's earned up to 90% per trade during the coronavirus crash breaks down his strategy - and explains why it will profit through the election. We can deliver these same strategies to investor portfolios with less than $1 million, said Mr. McDonald, Chief Executive Officer of Hercules and previous winner of the Top 10 Advisors Rising Stars award from ETF Report magazine. CHECK OUT: Here's the credit score you need to buy a home viaGrow with Acorns+CNBC. "These are incredibly uncertain times for the stock market and for investors," said James. I would highly recommend them for any growth company looking for capital. "In my 26 years, I've never had a trading strategy that has had as much consistency and safety," he told Business Insider. portville central school yearbooks; jennette mccurdy astroseek. ', Nifty hits a new three-year low as Sensex drops another 1,800 points, ProShares Ultra VIX Short-Term Futures ETF, A business class airline passenger who ordered vegan food says it was insulting to be served one banana along with a pair of chopsticks, Salesforce has been reportedly paying Matthew McConaughey $10 million a year to act as a 'creative adviser' despite laying off 8,000 employees last month, Internet hails Paytm's lightning-fast payments with UPI LITE here's how you can use it, Realme GT3 with 240W fast charging launched full charge in less than 10 minutes, RCap resolution: NCLAT allows lenders' plea for another round of bidding, Women only make up 13% of sales leadership roles in India: LinkedIn, President to appoint CEC, ECs on advise of committee comprising PM, LoP & CJI: SC, 'Truth will prevail', Adani group welcomes Supreme Court order on Hindenburg issue. My dream is to buy an NFL team. McDonald - an avid football enthusiast - stated that he planned to launch a publicly traded mutual fund under the ticker symbol "NFLHX." The losses to Hercules clients and the potential for litigation related to those losses jeopardized the success of that fund because any litigation would have had to be publicly disclosed. If you do not agree with these terms, then do not use our website and/or services. Write by: . In late 2020, McDonald lost between $30 million and $40 million of Hercules client money after adopting a risky short position based on his wrong prediction that the stock market would drop because of the COVID-19 pandemic and the results of the U.S. presidential election, the U.S. attorneys office said. Previously, McDonald was of counsel to Gary, Williams, Parenti, Watson & Gary, P.L.LC. In celebration of Black History Month, CNBC Invest in You is featuring weekly stories from CNBC contributors and members of the Financial Wellness Council, including the lessons theyve learned growing up, their advice to Black youth, their inspirations and how they are working to close the racial wealth gap. Yet it's not his only passion he had a 12-year semi-pro football career and also won the 2018 Southern California Heavyweight Boxing Tournament.

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