The CEO and chief investment officer of Hercules Investment, a Los Angeles-based RIA, saw his college football career cut short by a catastrophic knee injury that sidelined him for 15 years. His son, James McDonald, plays in Major League Baseball. Tietoja laitteestasi ja Internet-yhteydest (esimerkiksi IP-osoitteesi), Selaaminen ja hakutoiminnot Yahoon verkkosivustojen ja -sovellusten kytn aikana. Hercules Investments. All rights reserved.For reprint rights. Bonawyn Eison: The next generation of leaders are 'on the other side of the camera', Dr. George James: Advice for the next generation, James McDonald: 'Go after what you want and be all that you can be', President Biden pledges to fix the racial wealth gap. He hopes those who aspire to become successful adopt the mindset that they have limitless possibilities. The SPORTS REFERENCE and STATHEAD trademarks are owned exclusively by Sports Reference LLC. DocketNotice of Case Assignment - Unlimited Civil Case; Filed by: Clerk, U.S. District Courts | Finance | 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. Track. Brandon Copeland's advice to the next generation, James McDonald on financial literacy and the racial wealth gap, Kourtney Gibson on embracing your superpower, Akbar Gbajabiamila: 'Sometimes I wish I could just be the Black Financial Superman', Dewardic McNeal: 'This is not a wealth gap. Weve excelled at some of the largest financial institutions and weve generated billions in those areas of finance that are most complex, McDonald said. She told him that he needed to learn the material and she couldnt help him. At this elite institution, Wright learned that a person's perspective can make all the difference. 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. And so, we had that crash and then the desire and the interest in moving back forward. And so, if the market falls say 10%, our allocations will potentially offset the losses in the long only portfolio. "We have not had a single loser because of this environment and it makes no sense to do anything else at this point. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Yet it would take a couple of hours to earn enough to pay for lunch, so he decided to bring lunch from home. So, I think over 75% of the gains in the S&P 500 in 2020 could be attributed to a handful of names. His son, James McDonald, plays in Major League Baseball.[2]. But stimulating growth is impossible if the economy isnt open. 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. "In my 26 years, I've never had a trading strategy that has had as much consistency and safety," he told Business Insider. James McDonald, the founder of the Los Angeles-based firm Hercules Investments, has profited from the market's recent volatility using stock index . Voit muuttaa valintojasi milloin tahansa siirtymll yksityisyydenhallinta-asetuksiisi. Certificate of Mailing for - CERTIFICATE OF MAILING FOR (COURT ORDER RE: DEFAULT JUDGMENT) OF 07/14/2022, Minute Order - MINUTE ORDER (COURT ORDER RE: DEFAULT JUDGMENT), Declaration Pursuant to 585 CCP in Support of Default Judgment, Minute Order - MINUTE ORDER (CASE MANAGEMENT CONFERENCE), Opposition - OPPOSITION SPECIALLY APPEARING INTERESTED PARTY SEMYON GINZBURGS REQUEST FOR JUDICIAL NOTICE, Minute Order - MINUTE ORDER (COURT ORDER RE: DENIAL OF NOTICE OF RELATED CASE), Certificate of Mailing for - CERTIFICATE OF MAILING FOR (COURT ORDER RE: DENIAL OF NOTICE OF RELATED CASE) OF 02/17/2022, Certificate of Mailing for - CERTIFICATE OF MAILING FOR [MINUTE ORDER (COURT ORDER RE: DENIAL OF NOTICE OF RELATED CASE)], Proof of Service - No Service - PROOF OF SERVICE - NO SERVICE NON SERVICE REPORT. "There are too many people in my community that the highest level of investment that they know of are CDs [certificates of deposit]," he says. 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. [Like this article? And what were seeing now is bull market enthusiasm and all types of signs of bubbles in asset prices. Hercules Investments is part of the Finance industry, and located in California, United States. Robert Johnson, founder and chairman of The RLJ Companies, didn't grow up with a lot of money, but he knew working hard could give him an opportunity to succeed. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices Real Times Media. Glenn Koenig / Los Angeles Times via Getty Images file, President Biden pledges to fix the racial wealth gap. 1,230 Number of Organizations $4B Total Funding Amount 434 Number of Investors. 27 febrero, 2023 . James McDonald founded his most recent company, Hercules Investments, in 2019 after spending about two decades in the finance industry. There are hundreds of companies in the small cap space that dont have the cash to pay their debt. While he generally deals with helping people overcome relational struggles, he also focuses on racial trauma and justice. A cursory look at the stock market's moves during the last couple of days demonstrates why these options have been so profitable. 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. McDonald was CEO of Hercules Investments LLC of Los Angeles and Index Strategy Advisors Inc. of Redondo Beach, and frequently appeared as an analyst on the CNBC financial TV news network, authorities said. McDonald, who faces up to 20 years imprisonment if convicted, "is believed to be in hiding," the U.S. Attorney's office said in a news release. For James McDonald, a CNBC contributor, and founder and CEO of Hercules Investments, it was stories about financiers that encouraged him to pursue a career in finance. 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. Volatility itself could be owned through a number of securities. 7 seed Louisiana in the second round on Wednesday, March 1 at 8:30 p.m. Gibson currently is a board member for Canada-based athletic apparel brand Lululemon. This case was filed in Los Angeles County Superior Courts, Stanley Mosk Courthouse located in Los Angeles, California. James McDonald was born on March 29, 1961. The S&P 500 could be headed for a drop of up to 48%, according to James McDonald, the CEO and chief investment officer of Hercules Investments. Lets wrap up with football. Sign up for free newsletters and get more CNBC delivered to your inbox. All rights reserved. Here's how to avoid sticker shock, How to build an emergency savings fund during an era of inflation, A quarter of Americans are expecting to delay their retirement due to rising consumer costs, according to a new study. The Hercules team is flexible, creative and easy to work with. But eventually you must. SIGN UP: Money 101 is an 8-week learning course to financial freedom, delivered weekly to your inbox. 'There are no limits. Youre describing a giant disconnect between the markets and small businesses that are in a world of hurt. Whats your takeaway from GameStop, AMC, Blackberry, etc.? James McDonald had 168 receiving yards over his career. November's blockbuster jobs report. Lululemon is among the founding sponsors of the Canadian Journalism Foundation's Black Journalism Fellowship. (No Ratings Yet) James McDonald founded his most recent company, Hercules Investments, in 2019 after spending about two decades in the finance industry. Yes. Join our linker program. ET by Tomi Kilgore. I think the phenomena is an anomaly like virtually every pocket of life were in right now. Get this delivered to your inbox, and more info about our products and services. "You can do it, too," he added. Use without license or authorization is expressly prohibited. Salesforce is paying Matthew McConaughey reported $10 million a year for creative help despite laying off 8,000 Once a saver, always a saver: Warren Buffett says generational wealth isnt what it used to be in his annual letter CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. Lets call it artificial income and artificial credit for small businesses that are keeping the economy alive. His advice to Black youths today: Dont financially limit yourself, no matter what others say to you or believe about you. Recent research shows that Black Americans' knowledge of saving and investing significantly lags behind whites. He played for the Los Angeles Rams and Detroit Lions. And debt has spiraled over 50% higher to GDP than where we were last year this time. 2:22-CV-06799 | 2022-09-21, Los Angeles County Superior Courts | Contract | Furthermore, index options provide compelling risk/return profiles with substantially less risk and volatility than their stock option counterparts.. Public Records Policy. [1] He played college basketball at Southern California (USC) and did not play college football. Got a confidential news tip? James Zell McDonald (born March 29, 1961) is a former American football tight end in the National Football League. Bonawyn Eison landed in New York after graduating from Stanford University in 2005 and has been building his career in the financial markets ever since. I learned at an early age to live with less.. "Get literate, understand finance, saving, investing and planning, and you will help close the racial wealth gap starting with yourself.". Logos were compiled by the amazing SportsLogos.net. Absolutely. And weve seen, recent examples of how the concentrated energy of small investors can make headlines. Degas Wright, founder & CEO of Decatur Capital Management, learned at an early age the importance of investing in himself. We present them here for purely educational purposes. 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. Below are excerpts from our Jan. 28 discussion, edited for length and clarity. Here are his plansBlack-owned businesses hope this round of PPP won't fail themBlack leaders offer several key steps to help close the racial wealth gap. James McDonald, the chief investment officer at Hercules Investments, told Business Insider that the news would be the catalyst for a protracted sell-off heading into the election.. Mr. McDonald previously was CEO/CIO of Index Strategy Advisors Inc. (ISA) from 2010-2019. Yet at the same time, people of color are facing an outsized financial hit from the coronavirus pandemic. "There are going to be explosive opportunities for investors," says James McDonald, CEO of investment firm Hercules Investments on November 12. Do you have a blog? 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. It's also available for basketball, baseball and hockey. 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. Here's advice from CNBC contributors and members of the CNBC Financial Wellness Council, including their recommendations to those in power and the Black youth of America. In 2005 he purchased the Houston Wolverines (the Texas Wolverines today), a semi-pro football team, and played for 13 years. Selling It. Despite the challenges of Covid, equity markets have pushed to all-time highs on most indexes in a fashion that would suggest there is no risk in the market. I never believed in financial limits that people tried to put on me, whether it was because of my profession or because of my race, or whether because my family didnt have money growing up, James said. Javascript is required for the selection of a player. HERCULES INVESTMENTS, LLC, ET AL. How tall is James McDonald? The S&P 500 is trading at about 23 times projected forward earnings. V.P., Director of Strategic Initiatives, BBVA Compass, Houston, TX, 2002- 2006 Direct report to the CEO of the $12 Billion AUM Wealth Management Group (WMG). The actual profits that have been generated and the guidance that has increased are based on a small section of the market. So, I got to root for Tom Brady because any 40-plus football player is one I admire. 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. What to know before applying, Black small-business owners are being left behind in the pandemic, survey finds, Black leaders offer several key steps to help close the racial wealth gap, Money 101 is an 8-week learning course to financial freedom, delivered weekly to your inbox, Here's the credit score you need to buy a home, New cars are still selling for over MSRP. March 29,1961 The economy is slowly reopening and more vaccines are reaching people. James has held senior roles with Fortune 500 investment firms in brokerage, wealth management, portfolio management, and trading. James McDonald was born in Long Beach, CA. 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. Instead, it is something people need to seek out. I would be thrilled to buy the Washington football team because I grew up in Chevy Chase, Maryland. Please see our Contributors and Sources page for data source details. Hercules Investments provides a growth option for investors who need gains and growth, but we offer an element of downside risk protection because equity markets are disconnected from what we know is GDP contraction, debt, and all the uncertainty that comes along with a mutating virus. My intention when I buy my team is to get on the practice field and hit those guys! He dropped out after freshman year," Wright recently told CNBC. Now, there are a handful of companies that have flourished in the Covid era, but its a handful of companies. . Yeah. [2] That means there's a whole lot of opportunity for both streaming service providers and their investors. I really enjoyed speaking with you and appreciate you taking the time. Yet it would take a couple of hours to earn enough to pay for lunch, so he decided to bring lunch from home. On September 21, 2022, the SEC announced charges against James Arthur McDonald, Jr. and his SEC-registered investment adviser firm, Hercules Investments, LLC in connection with two fraudulent securities offerings. 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. Yet it's not his only passion he had a 12-year. The pandemic has widened the gap between Black-owned businesses and their white counterparts. You can do it, too, he added. 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. 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. Hercules Investments Location 633 W 5th St Ste 6770, Los Angeles, California, 90071, United States Description Read More Industry Finance General Finance Im going to play on my own team and practice. James McDonald will surely be watching. VANESSA CARNEY VS WELLS FARGO SECURITIES, LLC, A DELAWARE LIMITED LIABILITY COMPANY. 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. James McDonald is 61 years old. "My next report card I had an 'A. James McDonald founded his most recent company, Hercules Investments, in 2019 after spending about two decades in the finance industry. While he generally deals with helping people overcome relational struggles, he also focuses on racial trauma and justice. I want everybody to get in. "I remember summer of my freshman year walking around with my roommate and he saw the buildings being gray, but I saw silver because I really wanted to be there. Your destination for buying luxury property in Tours, Centre-Val de Loire, France. Key stock indexes, which are market cap based, are near record highs. 11 Opinions Unlock Rating. Paperback $35.00 1 New from $35.00 This is the story of the James McDonald and the rise and fall of Hercules Investments. 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,. For an optimal experience visit our site on another browser. Got a confidential news tip? 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. "Take ownership of your financial education so that you can change not only your life but your family's life for the better," he recently told CNBC. 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. And this is evidenced by us being at valuation levels weve never touched before, even higher than 1929 and 2000-2001. james mcdonald hercules investments wife. Yahoo Finance's Alexis Christoforous and Brian Sozzi speak with James McDonald, CEO of Hercules Investments, about the latest market moves. You can help Wikipedia by expanding it. A new strain of COVID-19, historically elevated tech . Hi, James. 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. Also, the Cboe Volatility Index (VIX) was near historic lows, showing that investors expected the good times to persist. To what extent do multiples deserve to be elevated given ultralow interest rates? 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. 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The james McDonald founded his most recent company, Hercules Investments, in 2019 after spending about two in..., United States see our Contributors and Sources page for Data source details pandemic has the! Available for basketball, Baseball and hockey this case was filed in Los Angeles, California importance of investing himself. Cap space that dont have the cash to pay for lunch, so he decided to bring lunch from.! Lunch, so he decided to bring james mcdonald hercules investments football from home of bubbles asset! He added, and trading are keeping the economy isnt open National football League ; s jobs. Learned at an early age the importance of investing james mcdonald hercules investments football himself I admire the SPORTS LLC. The good times to persist become successful adopt the mindset that they have limitless possibilities widened the gap Black-owned! Is bull market enthusiasm and all types of signs of bubbles in prices! 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