Martin Lustgarten’s Global Approach to Investing

Investment banking has been widely misunderstood since 2007. At its core investment banking is the assessment of risk and reward in a project or individual and the determination of interest rate for funding that product or individual. This could be something as small as a business loan to open a store or shop all the way to a line of credit for a major company like Starbucks. investment banking comes into play with both and without investment banking, many of the technological advances and companies we enjoy today would not exist.

Martin Lustgarten is not a small picture investor and his portfolio doesn’t represent small picture endeavors. Mr. Lustgarten is a macro-investor with his eye on multiple markets across the globe and a nimble strategy that can capitalize on any openings and upward trends that development. His portfolio includes currencies, commodities, and direct investment though he is most well known for his strategy of importing high demand goods to countries with a need for them and an interest in acquiring them immediately. He has utilized this strategy in Europe and Venezuela independent of one another. In Venezuela, he sold U.S. dollars to the banks which has very low reserves of the world’s reserve currency and needed them as a backstop for their own local currencies.

Martin Lustgarten was born in Florida in 1959 and still lives in Ponte Verde Beach in Florida, to this day. While Martin has globe-trotting tendencies and even owns companies in other countries, his own company Lustgarten is incorporated in the United States and he is still the Chief Executive Officer. This shouldn’t be a surprise since the company bears his name, but some may have believed his diverse investment interests would have left him to delegate the responsibility of his U.S based company. In fact, it is quite the opposite where he always assumes responsibility for his name and reputation.

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How to Find a Top Notch Plastic Surgeon Like Rob Rohrich

Since the end of the recession, plastic surgery has become more and more popular. Due to popular TV shows and celebrities celebrating success with age defining procedures, plastic surgery has become common in the U.S.

The Oprah Winfrey Show, The View, and Good Morning America have all featured top plastic surgeons in the U.S. like Dr. Rod Rohrich. He is Professor of Plastic Surgery at the Department of Plastic Surgery at UT Southwestern Medical Center. In his practice, he handles cosmetic and reconstructive surgery. The media has highlighted the excellent results talented plastic surgeons like Dr. Rohrich can achieve.

According to the recent NY Times article, this increase in people seeking facelifts, tummy tucks, and other surgeries has not all been smooth sailing. In 2012, Dr. Gary Breslow, a plastic surgeon in Paramus, N.J., and Dr. Craig Abramowitz noticed a problem in the plastic surgery industry.

Read more: Cosmetic Surgery That’s Just a Click Away

Patients were finding it difficult to understand how much the procedure they wanted would cost. There was no easy way for patients to find out if the plastic surgery they wanted to be done was within their budget, getting a quote was difficult without paying $500 or more for a consultation on Facebook. After decided to get surgery whether it be rhinoplasty or a tummy tuck, it was a challenge to find out which doctor would be the best fit. For something a personal as altering one’s appearance, knowing the doctor’s skills and credentials are of absolute importance.

At the same time, plastic surgeons like Rod Rohrich were frustrated by the high number of patients who didn’t come back after consultations. And the high number of patients that didn’t understand what kind of surgery they would need for to achieve the result they wanted according to Rod Rohrich.

Breslow and Abramowitz pooled their money and finally in 2014 Zwivel was launched. The site seeks to match patients and plastic surgeons. It enables patient to see the credentials of Dr.s and to ask basic questions about the surgery they want to have done. The platform has grown tremendously since it launched serving both Dr.s and patients.

Surgeons who are signed up with the site have seen retention rates of up to 80 percent. Many of their patients who find them through Zwivel will choose to have surgery after their formal consultation. Commonly only 40 or 50 percent of patients continue with surgery after the consultation due to the issues cited earlier.

With Zwivel, people can find surgeons like Dr. Rod Rohrich. He is a renowned surgeon in the Dallas area.

Malini Saba, Successful Investor and Giving Philanthropist

Malini Saba, from Southeast Asia, is the chairman of Saban, a company that invests in various interests worldwide, such as technology in the US and oil and gas in China. Malini loves to give back. In 2001, she began a non-profit organization, “Stree: Global Investments in Women,” which seek to change the way low income and at risk women and children see their roles in society.

Saba keeps her day full. She juggles family, meetings, and conference calls to keep her life in balance. Her business attitude is to look at the market trends, but then she usually does the opposite. Her outlook is more like where will the market be like 3-5 years from now. Malini insight to look towards the future and her most valuable trait of taking risks is what she attributes to her success.

Malini Saba has always worked for herself, she doesn’t really have a bad working experience. The worst entrepreneur experience is when she worked in a country where the corruption was so great she couldn’t work around it. She also treats her company as a start up even so many years later. It helps her to keep in touch with her staff, and she is able to keep her company growing. She has experienced failure as an entrepreneur. One time she lost money due to phony permits. Her drive, philosophy, and dedication makes it easy to see why she is such a success.

Malini Saba is a top world south eastern Asian philanthropist and investor. She has been investing in start ups since 1990 in Silicon Valley. Her company, Saban, invests in companies and start ups world wide. She believes in hard work, seeing the future trends of the market, and balancing work and family.

Despite her success, she still gives back to multiple organizations and causes. She has started her own organization, which helps women find their roles in society. Malini also has donated to multiple causes, like victims of Tsunami.

Kevin Seawright Has New Goals To Improve CEDC

Last week, sat down to interview newly-appointed CEO of Newark’s Community Economic Development Corporation (CEDC). Seawright was installed in the position about six months ago. The new and improved organization was reopened after a five-year hiatus to reorganize and regroup.

According to Seawright, the former Brick City Development Corporation was not fulfilling its original purpose to the community. “This organization was established to help build minority-owned businesses,” said Seawright when speaking to LocalTalkNews. “We now have a new set of goals and new direction.”

The CEDC helps inner-city would be business owners get their business off the ground with loans, training courses and seminars. Seawright assures the clients that the money isn’t a freebie. “We will help you with your business plan, and anything else the client needs. But they have to work for it.” Bringing prosperity back to the community is the organization’s number one priority, according to Seawright. He feels that the newly-revamped organization is fulfilling that goal.

Seawright has over 15 years of experience working with the federal and state government. Before his tenure at the CEDC, he worked for the city of Baltimore. While working for the Office of Retirement and Aging, he implemented an accounting program that helped them save over $100,000.

He also worked with Baltimore’s park service, Housing and Human Development and other local organizations.

Seawright says it has always been his goal to help people who may not have the resources to do it by themselves. “Everyone needs a little help from time to time” said Seawright.

Seawright is a member of the Black Public Accountants and the Society of Black Administrators.

Press-Play Interviews Andy Wirth About Drought and Ski Season Predictions

Californians and Nevada residents are concerned about the drought and how it will affect their water supply in the future. People like CEO Andy Wirth are watching the news for the possible absence of snow this season. Recently, during an interview with Madeline Brand on Press Play, Mr. Wirth told the ways that the ski resorts are dealing with the possibility of less snow. Read more: How Will the Drought Affect California Ski Resorts?

Mr. Wirth told Madeleine in the interview that he is watching the weather and checking on the Stafford report to see about the possibility of the decrease in the “resilient ridge”. This ridge prevents low pressures from developing and from entering the mountain areas. When there is a decrease in moisture, there is usually a decrease in the snow that winter.

According to Andy Wirth, there is no reason to be fearful.

KCRW reporter and interviewer, Madeleine Brand was quick to point out about this being one of the driest years with less snow predicted. In asking what everyone can do to prepare, Ms. Brand was clear to remind Andy of tourism and the weather forcasts. Andy Wirth is a positive individual with many years experience with weather and tourism. He understands how reducing our carbon footprint on the environment may help future years.

It has been tough in the Western mountains but there is hope that holdings like Squaw Valley Ski will not be affected as bad as people feared. CEO Andy Wirth is a go getter and is not scared to work hard to see that his company is successful during the season.

Winter is not the only season that the mountains of California see some action. Events are always going on and most are sold out or highly booked. People love driving along the beautiful parkways in the California mountains. The other events going on in the mountains help keep the books from sinking into a dark hole. Andy was born in Germany. He attended college in Colorado and Scotland.

Andy worked some time with the Rocky National Parks as a backcountry ranger. His experience with the backcountry is helping him to adjust during drought season and find other ways to keep the company afloat.

Married and living in Truckee, Andy Wirth and his family are very happy to be in the California area. He is very open to trying things and is always trying to make things better for individuals such as the wounded warriors. He loves sports and was recently injured in a skydiving accident in the valley. Some people worry a lot about the recent droughts and the fact that California is cutting water usage by 27% this summer.

Some of the other businesses are talking about ways they can help their businesses during the snowy season. There is much hope that the season will be great and no one will be going without miles and miles of white powder. Listen to the interview on KCRW. You too can find some hope in the future of California and Olympic Valley.

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What is The “Wirth” of Ski Resorts Lacking Adequate Snow?

With the weather getting noticeably warmer during all seasons, many winter sport/recreation areas must question their ability to adapt to these changes. This morning, I happened to hear an interview done on California radio station KCRW, with Madeleine Brand, which outlines this exact issue. Read more: How Will the Drought Affect California Ski Resorts?

The topic of the interview was “How Will The Drought Affect California Ski Resorts?” Present to speak on this topic was Andy Wirth, CEO of Squaw Valley Ski Holdings in Olympic Valley, CA, near Lake Tahoe. Wirth has served as CEO of the Squaw Valley Ski Corporation since August 2nd, 2010, and brings a whopping 24 years of sales and marketing experience to the table.

In addition to his current position, Mr. Wirth has worked a variety of other positions including Senior Vice President of Sales and Marketing of Steamboat Ski & Resort Corporation, Chief Marketing Officer and Executive Vice President of Sales and Marketing of Intrawest ULC, and Vice President of Sales and Marketing for Steamboat Ski and Resort Corporation. Mr. Wirth attended Edinburgh University in Scotland, and received his Bachelor of Science degree from Colorado State University.

Mr. Andy Wirth had his knowledge and resourcefulness challenged by Ms. Brand during her radio interview on KCRW. She introduced the interview with a frightening scenario. Although Californians managed to cut back their water usage 27% in the last month, there is still scare and concern about an upcoming drought.

This fact transitioned in to a pool of interrogative questions aimed at Wirth, such as “What would you say to people who wanted to go to Squaw Valley in February, and there isn’t a lot of snow there?” Wirth brought to light that ski resorts experienced one of the driest winters in recorded history, and because of that, have to adapt and be resourceful. Wirth, who minored in meteorological sciences, blamed a phenomenon known as a “Ridiculously Resilient Ridge”.

Wirth also stated that because of this, business plummeted 20%. As grim as these facts may sound, and as probing and doubtful as Brands questions seemed, Wirth seemed to be hopeful, and claimed that his resort would still be able to turn a profit, even with the noticeable decrease in business.

Wirth also stated his confidence in his resorts technological abilities, which include the science of making snow. He also wants to diversify summer events, and said that “We take managing this natural resource area very seriously”.

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Brad Reifler: Bringing Rare Investment Opportunities To The Ordinary Citizen

Forefront Capital and its founder, Brad Reifler, have been gaining national prominence and attention after the founding of a new initiative designed to help non-accredited investors enjoy the same return on investment that is usually reserved for the 1%.

Non-accredited investors are classified by the SEC as people who have a net worth less than $1 million and an income that is less than $200,000 if single or $300,000 joint income if they have a spouse. This profile describes around 99% of people in the United States, and has been extensively highlighted these past years through economic reports detailing how the majority of Americans have not been able to enjoy the same increases in net worth as the other 1%.

Reifler and his firm want to change that reality by starting a trust that caters to ordinary individuals and gives them a revolutionary new investment opportunity while minimizing investment-risks. The fund itself requires a minimum $2,500 contribution but charges no fee until customers have experienced at least an 8% return on their initial investment.

The SEC’s definition of an accredited investor has come under scrutiny due to the fact that it was a definition established 30 years ago, when people had less overall investment knowledge and the stock market was not as regulated as it is today.

The Trust is relatively new and is not risk-free, but it includes a team of highly respected investment professionals and has several safeguards in place in order to mitigate risks to investors. It is the goal of Reifler and his firm to become a “firm for the people”.  Read more about Brad on his SlideShare.