Bearish George Soros Is Hunkering Down For Economic Failure

For years now, George Soros has made very few changes to his investment strategies. Yet, now he is making some big changes that signal he has become a bearish investor, hunkering down, preparing to weather a bad economic storm that George Soros claims to see just over the horizon, as it were. Many investment analysts are paying attention. He has been right so many times before, that they are smart to pay attention to his wisdom. He has, after all, amassed his own fortune of approximately $30 billion.

Soros has made many comments in the last year, some of which ended up in publications on Wall Street, that make it clear he does not intend to continue supporting stocks that he believes may completely fail in the near future. He has sold millions of his equities assets and then turned around and immediately bought large amounts of gold and invested in active gold mines. Both of these moves signal his belief in a major economic downturn, very soon.

He has made many comments pertaining to China’s economic problems with corruption and over-growth in all of their markets. He says he is concerned that China’s finances will soon drop through the floorboards. George Soros worries that China’s problem will become everyone in the world’s problem soon, similar to how Greece caused major upheaval in the European Union (EU) when they defaulted on a major loan, but on a much bigger scale. He believes not only all Asian countries will have their economies pulled down, but that everyone who relies on China, including much of the West will suffer as well.

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A Bearish George Soros Is Trading Again

George Soros just made big bearish bets? Everybody panic… and then consider buying

The reason analysts are so concerned is that Soros has been right in his predictions and investment savvy, on very similar situational terms, a number of times in the past. He certainly did correctly predict the fall of the British pound in the 1980s, betting against it by shorting it in the market. He was proved right and his investment paid off well over a billion dollars for him. This is why everyone is so concerned and paying close attention to Soros’ actions.

Born in the Eastern European country of Hungary in the year 1930, George Soros has always come out on top. When the German Nazi regime invaded his country in World War II, he was a teenager who resisted and survived. In the early years of the Cold War, after the end of World War II, Soros escaped Soviet occupation and made it to England. There he absorbed himself in studies at the famous London School of Economics. After graduating, he moved to the U.S. Not only has he amassed a large fortune, he has also been quite involved in social activism, promoting political reform, and lots of generous philanthropy. This includes his founding of the Open Society Foundations (OSF). The OSF promotes human rights and democracy in all parts of the world where people are being oppressed by their own governments.

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Shaygan Kheradpir, the leading name in Coriant

Shaygan Kheradpir, a technology and business executive and a current director of Coriant, was born in London but grew up and spent most of his life in Iran. Shaygan Kheradpir finished high school in Switzerland at Aiglon College. He moved to the US to finish his electrical engineering studies with the main focus on control systems, and where he earned a bachelor’s, master’s and doctorate degree from Cornell University.

He has begun his career at GTE Labs located in Boston and there his work included network control, management and routing. He in time became the leader of their software systems lab and conducted the development of the first platform of national network management named TONICS, that stands for Telephone Operations Network Integrated Control System, that included switching, transmission and integrated infrastructure. After that, Shaygan Kheradpir on arnnet proceeded to the GTE headquarters located in Dallas and there led the development of their systems of wireless, inter networking, information and wireline. In that period, all the core systems were rebuilt on modern science of computer technology and thus improved the structure of the company.

When GTE merged with Bell Atlantic to create Verizon in the year 2000, Shaygan became the director of the eBusiness Unit in New York City, where he moved, and in addition to that, also held the place of in Verizon as the chief information officer. Along that period he applied the same strategy for achieving progressive results for the future of the company by building a world class system of talents that were able to see the potential of introducing leading services and products on the market.

Shaygan started working for Barclays bank located in London in the year 2011, as the global retail bank operating officer, and later became improved into the technology and operations officer, globally, for the whole bank across wealth, cards, business, wealth, retail, investment and corporate banking. His success there was based on the fact that he found great importance in the cultural change that was necessary for transformation that was in line of 21st century industrialization as well as innovations for products that mattered to the majority of people in their lives.

Shaygan was most recently announced to have become the CEO as well as the Chairman of Board of Coriant. Before he joined Coriant, he worked closely since early this year with the team of senior management at Marlin as the operating partner. As a consequence of his involvement in strategic operations and planning of the company, Shaygan got his new position as a leader to bring about the growth of Corian and fortify its focus on issues that are of a great importanceto its customers in a very competitive and dynamic world of the markets of today.

Before he joined Coriant, Shaygan was a part of the leading team of Juniper Networks, a pioneering company that is involved in networking industry located in Silicon Valley. Taken his history with Barclay’s and Verizon, he is now applying all of his prior experience to his work in Jupiter Networks.

Andy Wirth Survives Deadly Skydiving Accident Thanks to Pearl Jam


Andy Wirth was recently appointed chairman to the Reno-Tahoe Airport Authority Board but before that crowning moment the CEO of Squaw Valley Ski nearly lost it all. Last October Wirth was involved in a deadly sky diving accident that left without an arm, struggling to stay alive. As is his style in business, Wirth kept a cool head and relied on his unconventional nature to save his own life.

Andy Wirth may not be an adrenaline junky but he definitely likes to push himself against nature. Wirth is an accomplished triathlete with focus on cycling and running but his passion has always been for skydiving. The Squaw Valley CEO learned to skydive and quickly made it one of his weekend hobbies. Last year in one of his routine jumps he was blown off course and forced to try a landing in a crowded vineyard, which is dangerous and far from ideal. Wirth ended up clipping a pole and getting hung up while in the process watching his arm get ripped from its socket.

Spouting blood and knowing that help was at least twenty minutes away the businessman turned to his own cool nature to stay alive. Wirth began to hum the Pearl Jam song “Keep Breathing” in order to fight the rapidly impending shock. Using his fist as a ball underneath his injured arm, Wirth was able to prevent himself from bleeding out until help arrived. He would spend three months in a hospital recuperating.

A fortunate meeting after discharge brought Wirth face to face with a Navy Seal unit. He made friends with a few members and they went on to form a competitive triathlete team called the Special Warfare Warrior Support Team. They raise funds for Navy Seals who have lost either their limbs or lives while in service. Wirth cites his friendship with these Navy Seals as the primary motivator to keep going and keep trying to get back to his old self and now he competes in Ironman competitions with the team. Wirth has come a long way since that dreaded October accident and he won’t be slowed down any time soon.

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