He then started The RLJ Companies, which is headquartered in Bethesda, Maryland, and invests in diverse businesses. His rationale is that options earn part of their value from anticipated price changes in the underlying security. james mcdonald hercules investments wife. "There is nothing like self-empowerment: Feeling like you have the tools within yourself to kind of move forward," said Eison, who credits his mother for helping shape him into the man he is today. This article was originally published on CNBC. I would be thrilled to buy the Washington football team because I grew up in Chevy Chase, Maryland. Market Watch. Go after what you want, and be all that you can be.. He dropped out after freshman year," Wright recently told CNBC. And I think that that is much of whats happened in the macro as well. And the best part of all, documents in their CrowdSourced Library are FREE! Sign up for a weekly brief collating many news items into one untangled thought delivered straight to your mailbox. All rights reserved. Spurred by the killing of George Floyd by a Minneapolis police officer last May and the cries for racial justice and equity, corporate America is starting to listen and address issues of diversity. Hercules Investments. denverymca.org. LinkedIn has officially entered its cringe era, and its working. McDonald was CEO of Index Strategy Advisors from 2010 until 2019, when he founded Hercules, which offers market neutral portfolio management, while specializing in high-growth equity index options for clients. He then started The RLJ Companies, which is headquartered in Bethesda, Maryland, and invests in diverse businesses. Selling It. Mar 19, 2020, 5:18 AM. Request for Dismissal; Filed by: Loui Rudas (Plaintiff); Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust (Plaintiff); As to: Loui Rudas (Plaintiff); Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust (Plaintiff); Hercules Investments, LLC, a California limited liability company (Defendant) et al. Hercules Investments has named Loreal McDonald as corporate counsel and interim chief operating officer. How tall is James McDonald? Or write about sports? 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.. Judgment; Signed 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). 'There are no limits. And so, if the market falls say 10%, our allocations will potentially offset the losses in the long only portfolio. "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. ET. Grow. In a portfolio with a beta of one, one would enjoy virtually 100% downside protection with an allocation of 15% to the Hercules fund. 2023 CNBC LLC. For New England Patriots linebacker Brandon Copeland, financial literacy won't come to those who idle and wait. And so, equity market prices are assuming earnings that arent there. Instead of focusing on what you may need or think you can't have, find out what it is you truly want in your life and work tirelessly towards that goal, he advised. Having traded more than $10 billion worth of options in his 26-year career, McDonald says speculative excess is rampant, citing bitcoin, the SPAC boom, Reddit/GameStop, and elevated valuations. And so the more fear exists in markets, the better the strategy performs. SIMPLY PUT - where we join the dots to inform and inspire you. He speaks with Bloomberg's Romaine Bostick and Taylor Riggs on . Today, his ambition is to own a NFL team. My intention when I buy my team is to get on the practice field and hit those guys! To be clear, you expect a risk event this year will take the Dow down to 15,000 but by year end it will finish higher than today? While working at a military commissary unloading grocery carts and delivering the groceries to cars, he would receive tips. The Mountaineers will take on No. "We have not had a single loser because of this environment and it makes no sense to do anything else at this point. Copeland, who graduated from and now teaches at the University of Pennsylvania, has been a longtime advocate for increased financial literacy. The PE has risen by about 50% from a year ago. "For me, reading. Believe that you can accomplish and do whatever you need to do for yourself financially.. CHICAGO-- ( BUSINESS WIRE )--James McDonald, CEO and Chief Investment Officer of Hercules Investments, a Los Angeles-based Registered Investment Advisor, is hosting a virtual event,. I think we will have another risk event that pulls the market down. With only a few times in history have we had a gap even approaching these levels of GDP growth, equity market prices, corporate profits, equity market prices and PE ratios. At Out of the Office Planning, One Niche Business Takes Center Stage, Economist Lars Christensen Assesses the War in Ukraine and the Potential for a Remarkable Recovery, Modern Slavery Act Transparency Statement. James has held senior roles with Fortune 500 investment firms in brokerage, wealth management, portfolio management, and trading. 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. 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. Im going to play on my own team and practice. Got a confidential news tip? He started Black Entertainment Television with a $15,000 loan in 1980 and in 1991 he launched it as a public company the first African-American-owned one traded on the New York Stock Exchange. Yahoo Finance's Alexis Christoforous and Brian Sozzi speak with James McDonald, CEO of Hercules Investments, about the latest market moves. Logos were compiled by the amazing SportsLogos.net. November's blockbuster jobs report. Now, there are a handful of companies that have flourished in the Covid era, but its a handful of companies. M. GUION ?GUY? His advice to Black youths today: Dont financially limit yourself, no matter what others say to you or believe about you. 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 Key stock indexes, which are market cap based, are near record highs. As a result, McDonald's options trades that bet on this price trajectory have paid off handsomely. He likes to remind young Black men to look at the success others have had before them, most notably the first Black man to sit in the Oval Office, former President Barack Obama. ", More from Invest in You: The smallest businesses are getting extra PPP help. We present them here for purely educational purposes. Describe the ideal client profile. A Division of NBCUniversal. "One piece of advice that I would give to the next generation of young Black people in this country is to be unapologetically Black. Glenn Koenig / Los Angeles Times via Getty Images file, President Biden pledges to fix the racial wealth gap. The next day I made sure that I asked questions, recalled Wright, a certified financial planner. A cursory look at the stock market's moves during the last couple of days demonstrates why these options have been so profitable. DocketMinute Order (Case Management Conference), DocketCase Management Conference scheduled for 08/26/2021 at 08:30 AM in Stanley Mosk Courthouse at Department 55, DocketNotice of Case Management Conference; Filed by: Clerk, DocketCase Management Conference scheduled for 06/18/2021 at 08:30 AM in Stanley Mosk Courthouse at Department 55, DocketUpdated -- Omar H Bengali (Attorney): Middle Name changed from H. to H, DocketAddress for Omar H Bengali (Attorney) updated, DocketCase assigned to Hon. When was James McDonald born? 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. james mcdonald hercules investments wife. When the US economy showed signs of vulnerability last October, James McDonald took special notice. ET and James McDonald will appear on "Fast Money" Friday, 5 p.m. My team and I stood on the platform on the Exchange floor and rang the bell, signifying that we were a publicly traded company participating in the U.S. economy like the major companies in this country have done for many years, said Johnson, who became the countrys first Black billionaire in 2001. He also gained a valuable lesson when he was 16 years old. I learned at an early age to live with less.. Only about 12% of nearly 12,000 applicants are accepted to West Point each year. VS HERCULES INVESTMENTS, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, ET AL. "Get literate, understand finance, saving, investing and planning, and you will help close the racial wealth gap starting with yourself.". Whats the bear case predicated on? to understand what high net worth investors need during these volatile times," said James McDonald, CEO & CIO of Hercules . Get this delivered to your inbox, and more info about our products and services. Spurred by the killing of George Floyd by a Minneapolis police officer last May and the cries for racial justice and equity, corporate America is starting to listen and address issues of diversity. Thats my personal mission. "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 didn't have money growing up," James said. The Hercules team is flexible, creative and easy to work with. Meanwhile, sophisticated investors including institutional firms, insurance companies, and ultra-high net worth individuals have sought higher returns during growth phases and greater protection during recessionary phases by utilizing derivatives, particularly options, said James McDonald, who also serves as the firms Chief Investment Officer. "I learned at an early age to live with less.". VS PIER ASSET MANAGEMENT LLC, ET AL. Explore our venture lending portfolio here. But buying index call options should remain profitable all the way through the election because smaller pockets of volatility are likely. FORTUNE may receive compensation for some links to products and services on this website. Securities and Exchange Commission v. James Arthur McDonald et al. I want everybody to win. BOND, JR., ET AL. They were very supportive during the financial crisis and grew through multiple transactions as our business started to scale. Hercules has been a great partner for Box since 2008. Yet it would take a couple of hours to earn enough to pay for lunch, so he decided to bring lunch from home. 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). James McDonald had 168 receiving yards over his career. "If we can find a vaccine, that will be great," McDonald said. Terms & Conditions. NBCUniversal and Comcast Ventures are investors in Acorns. The S&P 500 is trading at about 23 times projected forward earnings.