Some people have questioned some of the investing bets that entrepreneur, co-founder of Fortress Investment Group, and co-owner of the Milwaukee Bucks Wes Edens has made, but his track record of proven returns has shown that sometimes betting on the underdog is the right financial move to make. One of these underdogs that he has supported is the private passenger train company Brightline that is based out of Florida.
While Brightline may have gone through some difficult times financially, things are looking very good as they are transitioning to the new branding of Virgin Trains USA. Richard Branson had spoken with Wes Edens about the potential that he saw in the company when the first stops were first opening. Virgin also owns Virgin Trains UK and is familiar with the private railway market and has a lot of plans for the soon to be former Brightline. They may have only begun running trains from West Palm Beach to Miami within the last few years, but they have already opened a new stop in Orlando where many popular vacation, as well as local destinations, are located. Read more on fortress.com
One of the expansions that Wes Edens has in mind when it comes to Brightline are stops that connect Chicago and St. Louis. As the owner of the Milwaukee Bucks, he is hoping to eventually be able to connect Chicago and the home city of the NBA team in which he is a co-owner since 2014. Some of the other cities that are in talks about expansion are Atlanta to Charlotte as well as Dallas to Houston. These routes are all highly traveled and account for a lot of traffic congestion as a result.
One of the biggest benefits that Wes Edens believes Brightline will be able to bring the involved cities is a relief of some of the traffic congestion. By choosing to ride Brightline, travelers may be able to save some time and they will be able to relax on their way to where they need to be with free wi-fi and even cafe choices. Virgin and Brightline are bringing some big changes to United States travel.
Learn more: https://www.wealthx.com/dossier/wesley-robert-edens/
Serge Belamant was born in 1953 in Tulle, France, and moved to South Africa later on when he was 14 years old. Serge Belamant attended Highlands, North High School and then Witwatersrand University, where he studied engineering, but switched courses in order to study computer science as well as applied mathematics. Throughout his career, he worked for Control Data, DATABANK, Bancorp, and later on founded Net1.
Serge Belamant also holds a number of patents (some pending and some granted) for various inventions. Serge Belamant is also he creator of a system designed to execute a financial transaction using a varying PIN, and a system which offer secure financial transactions, and a system of designation of electronic financial transactions.
One of his early patents was filed in 1998, for a method and apparatus designed for controlling a gaming operation. The system comprises a processing memory apparatus taking the form of a smart card, combined with non-secure input as well as display means which are connectable to the smart card.
The smart card stores in its memory the software controlling the operation of the game as well as the data which relates to the gains and losses of the player. The input signals which are generated by the player get processed within the processor which is secure, while all the operations which are influencing the game’s outcome get carried out within the processor in order for the system to not be susceptible to tampering. The system is allowing gaming to take place in non-secure locations, with secure allocation of winnings.
Another important grant that Serge Belamant filed back in 2007, is for a system designed for facilitating a financial transaction between a transactor and a transactee, which has an account and identity verifying facility designed to verify the identity of the transactor, and the account that they have with a financial institution. The facility is designed to identify and verify the account is being operated by an independent verifier, and it also able to store the identifier of a transactor as well as details of (minimum) one account that the transactor has at the financial institution.
About Serge Belamant: bhekisisa.org/tag/serge-belamant
The recent research by Paul Mampilly shows that there are a lot of opportunities for organizations to make supernormal profits through the adoption of the mergers and acquisitions. This is a concept that many organizations have ignored, yet it is one of the breakthrough opportunities for their success. Paul Mampilly submits that by companies forming M&As, there are a lot of benefits that they are likely to reap from each other. One of the benefits that he highlights is the leverage on the customer base of each organization in the merger. Whenever companies merge, or one company purchases the other, the result is that both the parties start enjoying the goodwill of each other and consequently increasing their market base.
On the other hand, the companies involved in the acquisition process benefit from increased revenues. This is a result of the diversification of the areas of investments and hence the reduction of the investment risk. For instance, whenever a company operating in the banking industry merges with another from the transport industry, they manage to enjoy investment options from different the various economic sectors and hence in case of poor performance in one industry, the investment returns would not be adversely affected since the organizations invest in a variety of sectors in the industry.
Paul Mampilly is also categorical in his submission about the management and of the mergers and acquisitions. He says that this is a daunting task and if not well managed, the idea can lead to very detrimental effects to one of the companies or both. However, he states that the most important thing is the dispensation of leadership in the mergers. Whenever the companies merge, the leadership of the organizations is likely to be affected, and if the transfer of this leadership is not handled correctly, it can cause some operational hiccups for the merger.
In his advice, Paul Mampilly recommends that for a merger and acquisition to be successful, it’s always advisable that the leadership of the acquired organization remain intact while the company operates under the umbrella of the acquirer. This would ensure that the production of the company is not interrupted.
Adam Milstein spends a good chunk of his time and resources on causes that have the Jewish culture in mind. This has come after enjoying an amazing career in the real estate industry. In 1978, he completed his undergraduate work from Technion in Israel. He immigrated to the US to do his MBA. He graduated from the University of California and began his illustrious career.
Over the years, he has specialized in real estate development. At Hager Pacific Properties, his current employer, he serves as a managing partner. As his business acumen kept growing, he joined hands with one of his colleagues to establish the Israel American Council. He currently chairs the council’s board that continues to make great strides in terms of membership.
He has made a name for himself as an activist and for his philanthropic activities. Pro-Israel organizations including ‘Stand With Us’ are the greatest beneficiaries of his philanthropy. He also runs the Adam & Gila Milstein Foundation along with his wife.
Adam Milstein has dedicated his life to passing on his people’s values to the future generations. It is no wonder that he is hailed among the greatest contributors to this cause. His contribution to the Zionist movement is the testament to this. He is keen to keep the Israeli heritage which he believes goes beyond attending a synagogue.
His Israeli-American background has played a major role in the advancement of his plans. At the IAC he has overseen the development of programs that help bring the Israeli natives close to their culture. In colleges, they facilitate the IAC Michelanu that helps the students get acquainted with the Hebrew language. For children, they have set up Sifriyat Pijama B’America to this effect.
His greatest desire is to help Israeli’s keep their culture at heart. He seeks to help them get a clear view of their past as they seek to chart a plan for the future. Adam Milstein also encourages his countrymen to pay Israel a visit. This will ensure that they don’t lose touch with their identity.
Adam Milstein is a constant contributor to the Jerusalem Post where he shares his thoughts on Israeliness. He insists that millennials need to be sensitized to the value of their faith. He is impressed by the Birthright program that helps them achieve this goal.