Randal Nardone, a former lawyer, is one of the elite few in the world who can actually lay claim to being a self-made billionaire. The businessman, who has been listed more than once on Forbes annual list of billionaires and currently holds spot # 557, is one of the 1998 co-founding principals and current CEO of Fortress Investment Group–a leading global equity and investment management firm, boasting a portfolio that includes both private and public assets, real estate holdings, credit markets and hedge funds of almost 2,000 clients, totaling more than $46 billion.
Fortress also has the distinction of being the first large private equity firm to be listed on the New York Stock Exchange. In addition, Nardone, who got his Bachelor’s Degree from the University of Connecticut and J.D. from Boston University Law School and practiced law for many years before entering into the financial markets; also serves on several business advisory boards, where he carries various titles; including president and director. If that isn’t enough, Randal Nardone is also the acting director of Italian Real Estate Development firm, Eurocastle Investment.
Apparently, multi-tasking and laser-precision business acuity are special gifts that a rarified few like Mr. Randal Nardone possess; one, cultivated way back when he decided to leave his prestigious position as an executive partner with Thacher Proffitt and Wood Law Firm to venture into the often unforgiving and perilous waters of investment funding.Though new to the industry, Nardone proved to be a natural and quickly rose up the ranks and was soon the managing director of the Universal Bank of Sweden after stepping down as then head of Blackrock Financial Management. Shortly thereafter, in 1998, Nardone would meet the partners with whom he would co-found the immensely successfully, Fortress Investment Group—Wesley Edens and Robert Kauffman.Some twenty years later, Randal Nardone, who is based in New York; shows no signs of slowing down.
Whenever you think of investing there is a good chance that all that you think about is an investment in the stock markets. This can oftentimes be an incredibly good use of your money, but it’s important to remember to diversify your portfolio. One of the most commonly overlooked areas for investment is the natural resources and commodities markets. Often times these sectors of the economy can stay strong even during periods of economic recession in the stock market. Read more at PRNewswire about Matt Badiali.
Banyan Hill Publishing Company has employed Matt Badiali as their leading natural resources and commodities expert. Matt Badiali has over 20 years of experience in the natural resources sector and as well known as the lead editor for Real Wealth Strategist. He has written numerous advice columns informing his readers on the trends and potential investment opportunities that are present within the commodities and natural resources sectors.
He has recently written about the potential for a new bull market that may occur in the mining industry. Matt Badiali believes that this is due to the fact that while the stocks and shares for the mining companies have not increased significantly quite yet, there is an increase in the amount of money that is flooding into the industry. Matt Badiali just recently came from the Mining and Investment Latin America Summit in Lima Peru. At this congregation of mining industry experts, he came to be aware of some important information about the current state of the mining industry.
From 2011 until 2016 most mining companies experienced a significant decrease in the value of their stock as investors left the market. So far over the last year, the majority of mining companies have already raised significantly more capital than over the past several. Matt Badiali has experienced some significant gains in the past and the mining industries, sometimes in excess of over 100% return on investment. Visit stockgumshoe.com to know more.
One of the biggest reasons is that over the last five years several minds around the world have been forced to close their doors as the prices for the metals that they produced declined in value. It can take several years for new mines to have their doors opened. The prices for numerous metals have been increasing in the past year thanks to a decreasing level of supply. As new mining companies begin to have larger reserves of cash they will be able to open up more mines in the near future.