Monday, January 24, 2011

Wealthy benefit from Hedge Funds

WEALTHY 400

My friend Chip has brought up his concerns over how the wealthy 400 may have benefited from the financial real estate debt crisis; of which we are all still suffering financially from the lingering debacle. Many wealthy Americans have benefited from investing in Hedge Funds. Hedge Funds were first set up by Albert W. Jones in 1949. Hedge funds were originally used as a short sale vehicle and for combining leverage techniques for investors. See What is a Hedge Fund . Hedge funds are still largely unregulated, you can find an explanation of how Hedge Funds were to be regulated by the SEC but the SEC was over ruled by the courts; read about it in What is a Hedge Fund .

It may be that Wealthy 400 Americans have benefited greatly from investing in hedge funds, however it was average Americans who purchased real estate on a basis by which many could not afford it. To the extent that this problem was becoming predictable by American Wealthy investors, their investing vision was formulated before the obvious crisis had unfolded, this may say more about our Government's inability to react to our impending financial problems, then whether or not unfair advantages were provided to the Wealthy. It may be however, in general, that if the Wealthy were unable to Hedge against there investments so efficiently, then there may have been greater concern generated by the wealthy; creating perhaps significant vocalization of the problem to our Legislators; thereby initiating positive change prior to the crisis developing. Here are some of the Wealthy 400 who were involved with Hedge Funds.


Henry Swieca - Highbridge Fund
Jamie Dinan - York Capital
Stephen Mandel - Lone Pine Capital


CNBC reported recently that Hedge Funds may be the Next To Big To Fail problem in the financial markets. See how they describe the growing size of Hedge Funds; Next To Big To Fail .

If you are an investor it may be time to become more familiar with Hedge Funds and possibly get on board with an investment strategy. Remember it will take quite a bit of capital to get involved and invest in a Hedge Fund. According to Eurekahedge the following describes minimum investments required for Hedge Funds.

What is the minimum investment?
The minimum investment varies from fund to fund. Although some funds are charging as low as US$10,000 these are very much the exception and a common starting range would be between US$250,000-$500,000. Established funds can have much higher minimums; $10,000,000 or more, depending on the fund and manager. The fund manager can waive the minimum at his sole discretion but this is usually only undertaken to accommodate serious investors who stipulate an intent to allocated substantially more than the stated minimum, depending on how this initial allocation performs.
Good Luck, Stay Tuned For More about American Wealth









Monday, January 17, 2011

Why they are Great

WEALTHY 400

Bring on the world of change as these Wealthy are ready to astound the World with discovery and creation. Darwin Deason has made his fortune  with Affiliated Computer Services (ACS) a leader in business processes outsourcing and  IT services; following the path of Ross Perot's, Perot Systems.


Deason made his initial fortune when he led a Dallas data processing company called MTech Corp. that was sold in the late 1980s. He then started ACS, which specializes in back-office functions such as payroll and benefits management.
ACS went public in 1994; five years later, Deason relinquished the chief executive duties but kept his chairman title.
Over the years, ACS has grown steadily and, along with Electronic Data Systems Corp. and Perot Systems Corp., strengthened the Dallas area's reputation as a global headquarters for outsourcing. Now Mr Deason's Company ACS, is helping XEROX improve its business with E-Filing Solution from ACS . With this assistance Attorneys can now securly electronically submit court documents online anytime;

Progress and faster justice. Good work!

Thursday, January 13, 2011

Wealthy Americans Invest where returns are best

As my cousin Fred says, wealthy Americans are looking for the best returns around the world. As it should be, freedom to chose and create opportunities with wealth is the best attribute of capitalism. I think that there are some great examples of investing opportunities and successes in America in sports. Look at professional Football for example. Thomas Benson the owner of the New Orleans Saints, purchased the team with a group of investors for about $70 million in 1985 (Forbes 2010 edition reported), it is reported that the team is worth over $955 million.

According to Sports Illustrated Magazine:
40 Tom Benson
New Orleans Saints
Net Worth: $180 Million  - try over $1 Billion net worth according to Forbes Magazine
Born in the Crescent City; age 66. Has 19 car dealerships, two banks in San Antonio and a 2,000-acre farm in Johnson City, Texas. Granduncle Herbert Benson was a founder of the Sugar Bowl game and the architect of Tulane Stadium. Celebrates wins by dancing a parasol-twirling jig on the Superdome sideline.

What will happen when our newest BCS champion quarterback, Cam Newton hits the NFL. Maybe Daniel Snyder, Owner of the Washington Redskins will have an interest in this prospect. Look at his NFL success see Forbes

Monday, January 10, 2011

What wealthy americans are doing for America? What can we find out about trends in America from the wealthy?

Who are the wealthy 400? We will explore the news and achievements and the people to examine what trends are developing and how are the wealthy interacting or creating improvements to their lives and how are opportunities for enhancing knowledge being created and what incite into trends are available and developing in America. Much can be learned from how successful people operate their lives and on a scale with wealth so great the obvious is that these trends are more visible and accessible.

Sidney Kimmel: Cancer treatment centers can change the world. What a great avenue to help people and Sidney has done just that. His wealth of over $1 Billion is helping him to enhance the worlds treatment centers for cancer research.  Stay with us as we explore and develop an understanding of the best side of wealth in America.