Category Archives: Uncategorized

Shervin Pishevar says volatility indexes are MBS and CDS-style scams

The 2008 financial crisis was one of the worst in the history of the United States. The reasons behind it are numerous, and there is still vigorous debate about the role that various policies, financial vehicles, institutions and people played in bringing about the worst financial catastrophe since the Great Depression.


However, everyone who has studied the 2008 debacle almost universally agrees that certain financial instruments and the extremely loose regulations surrounding them were chief culprits. So-called mortgage-backed securities and credit default swaps were key components in the economic bomb that ultimately exploded, nearly bringing down the entire financial edifice of the United States with it.


Shervin Pishevar, one of the most successful entrepreneurs in Silicon Valley, recently unleashed a flurry of tweets on his account, which is followed by nearly 100,000 people. One of the more provocative ideas that Shervin Pishevar put forth was that some of the same dynamics that led to the 2008 crash are now being repeated, and for much the same reasons. Shervin Pishevar believes that volatility indexes and the funds that are centered around them are essentially scams, fueled by the same base motivations that led to the rise of collateralized debt obligations and credit default swaps.

Pishevar says that the real reason behind the huge popularity of volatility indexes, prior to their momentous crash last February, was the simple fact that many fund managers want to create volatility because that is what they are incentivized to do. Pishevar points out that the way that many fund managers are compensated is equivalent to a classical principal-agent scam. The manager wants to create as much volatility as possible because he is able to participate in the upside without personally assuming any of the downside risk. That means that the more frequently the fund registers huge wins, the more the manager will actually be paid over the long term.

Shervin Pishevar strongly warns that all investors should read and understand a fund’s prospectus before investing. In particular, they need to carefully read and, if need be, go over with a professional the compensation structure of the fund, making sure that the management is not incentivized to run very costly scams with the investors’ money.

The Ins and Outs of Financial and Managerial Guru, Jeffry Schneider

Jeffry Schneider is a successful professional in the financial services industry. Contrary to what many critics say, Mr. Schneider didn’t earn his newfound success overnight. Schneider is a go-getter who has served several prestigious companies for over 20 years. In fact, before starting his own business ventures, he worked with several companies such as Merrill Lynch, Alex Brown, Smith Barney and many others.

Jeffry Schneider was born and raised in Manhattan, one of the most densely populated and affluent boroughs of New York City, yet he is one of the few individuals who managed to gain financial success on his own.

His education, working experience, hard work, remarkable managerial skills and professional networking have helped him succeed in his professional career. He holds Bachelors of Arts Degree from the University of Massachusetts at Amherst. Upon his graduation, Mr. Schneider worked in several prestigious companies in New York City. It was while working at these companies that he first thought of venturing in the financial services industry. He developed deep knowledge and experience in investments which later helped him establish his first company.

One of the notable positions Jeffry Schneider took was at a well-known firm. Here, he was tasked with marketing and structuring the company both in the United States and globally. While working here, he developed the ability to analyze managers, an important skill that would serve him later in his career. After five years, he decided that it was time to try his experience and skills in the alternative investment space.

Jeffry Schneider

He started his own firm which was first aimed at assisting companies grow. While running his own firm, Jeff Schneider has cultivated deep understanding and relationships with a number of reputable firms. Currently, Jeffry Schneider is working as the company’s Chief Executive Officer.

Outside of his professional career, Mr. Schneider has also shown interests in other areas of life. For instance, he has been participating in the New Zealand Ironman Triathlon, an annual racing competition that has stood the test of time. He has also participated in other racing competitions such as the 2005 half-Ironman at Clairmont, Florida, the 2004 half-Ironman in Santa Rosa, California, 2005 New York City Marathon and 2008 3M half-marathon in Austin.

Jeffry Schneider is also a philanthropist and an active member of his community. He is a member of several programs aimed at helping the underprivileged and disabled people in the society. One of such programs is the Camp Honey Creek’s Summer Dream program.

Say Goodbye to Depression with Innovative Therapies from Neurocore

Depression is a common mental condition in the US. It is prevalent among adults especially women. You can achieve full remission with appropriate therapy. Depression is a treatable medical condition that should be taken seriously. However, more than half of sufferers do not get professional help. Understanding the condition is the first step on your journey to relief.

There are many external and internal triggers to the condition. These may be challenging events in your life such as divorce and financial difficulties. It may also be inherited. Some of the most common types fall under seasonal affective, persistent and major depressive disorder. Depression displays a diverse range of symptoms. These include low self-esteem, continuous sadness and emptiness, irregular sleep, trouble with weight management, lack of focus and fatigue among others.

People with high-functioning depression exhibit normal performance externally even when they are crumbling on the inside. Depression takes a heavy toll on your mental and physical health. It is a leading cause of suicide among the youth. It is one of the major causes of disability among the youth. This has far-reaching economic consequences. This is worsened by the fact that it is one of the most underfunded disciplines in research.

Early diagnosis and treatment improve the effectiveness of therapy. Neurofeedback therapy is a cutting edge alternative therapy option that is convenient, non-invasive and medication free. The Neurocore Brain Performance Center is a health and wellness company with a strong focus on applied neuroscience.

The firm provides mental solutions built on the neuro-feedback principle. It uses technology-driven brain assessments and therapy options to help sufferers sleep better, manage their stress and improve concentration. The company was launched in 2004 and has grown to two centers in Florida and six in Michigan. Neurocore offers comprehensive diagnosis and personalized therapies.

The firm utilizes a combination of strategies including imaging of the brain’s electrical activity, behavior discovery, heart rate and performance testing. Brain performance therapy enables your brain to improve function and stay balanced. It also optimizes heart function. Neurocore is committed to helping patients with mental conditions such as depression, sleep disorders, ADHD, anxiety, stress and migraines among others. The Neurocore team is led by the CEO Mark Murrison and the President, Rick Kuiper.

Find more information on Neurocore by following them on Facebook.

The Role of Mighty Fortress Church in Installing Christian Virtues

To most believers, churches signify a house of worship, a place to reunite with your maker. However, thousands of these churches range from modern and straightforward to old and historical. Most of these amazing and beautiful churches have an incredible history and striking architecture. Some of these churches are;
The Cathedral of St. Paul
The church has the most beautiful building in Minnesota. It is located at the very peak of Summit hill and overlooks the downtown St. Paul. The church was built in the 1990s; it is the third largest chapel in the United States. The design of the church features the classical themes and a French Renaissance. The dome at the center is approximately 186-ft high.

The Basilica of St. Mary’s
The church acts as a landmark in Minneapolis. Built in the 90’s, the chapel displays the examples of Beaux-Art architecture and Baroque. The inside of the building is wonderfully detailed and incredibly ornate. And as you may think, the church organizes for music festivals on the ground floor every summer. The festivals are known as Basilica Block Party and intend to raise funds to support local charities.
The Church of St. Columba
The church of St. Columba is located on the St. Paul residential neighborhood. The church introduces an interesting mix of Art Moderne/Deco as well as a French Norman architecture style. It has a round, steeple concrete with square corners built from the Indiana limestone.
Bishop T.R. Williams is the senior pastor and the founder of the Mighty Fortress International Ministries. The church is multifaceted and includes various outreach groups and support groups. The church has been well known due to its powerful and instructional teaching of the gospel. The central message of the church is based on the universal tenets that place high value to the Word of God, family, community and the church. The church preaches reconciliation a message that resonates very well with genuine Christians.
Bishop Williams has been in the active ministry for the last 30 years. Bishop Williams has served in various capacities in the church. Bishop William teaches on the applicability of religion that is founded on the wisdom and knowledge that comes from understanding the word of God.

For more information follow Mighty Fortress Church on Facebook.

Omar Yunes Ranks As The Best Franchisee In The World

In 2015, Omar Yunes was declared the Best Franchisee in the World. The franchisee of the renowned Sushi Itto received the award during an award ceremony held on December 5, 2015 in Florence, Italy. He was recognized owing to his immense contributions towards the growth of Sushi Itto.
Omar Yunes ventured into the Japanese food chain market at the age of 21. Over the years, he has been able to increase the number of outlets under his food chain to 13. These units are located in Puebla, Mexico City, and Veracruz. In addition, Sushi Itto has been running other businesses under its brand.
In his acceptance speech, Omar Yunes said that he was proud to be recognized as the best entrepreneur in the globe. However, he noted that the award does not belong to him, but to everyone who is affiliated with Sushi Itto. He added that the company’s success is as a result of the efforts of the 400 employees who work for the firm’s 13 units. These employees have played a pivotal role in enhancing the brand’s image in the globe. This information was originally mentioned on as outlined in the following link
The business ranked highly in a competition that involved entrepreneurs from 34 countries. The 2015 edition of the Best Franchisee of the World competition had representative from Brazil, Portugal, Argentina, Mexico, Hungary, France, and Italy. The participants were evaluated based on their influence on the network and not the brand. The evolution focused on different factors, including motivation of employees, invoice and the improvement that one has made to the model, and knowledge contribution to the network.
Diego Elizarrarras, who is one of the organizers of Best Franchisee of the World Mexico, said that the Omar won the award due to his change factor in the franchisee-franchising relationship. The executive has enhanced the management of information, which has resulted in a clearer measurement of every unit. Notably, Omar managed to win the first place in the national qualifier.
About Omar Yunes
Omar Yunes is a Japanese food chain franchisee. He is based in Mexico. The shrewd entrepreneur owns the Sushi Itto, a franchise made up of 13 retail outlets. These outlets serve delicious Japanese cuisines to food lovers living in Mexico City, Puebla, and Veracruz. Besides his aggressive marketing abilities, Omar has adopted an effective structure and strategy of working, which has continued to put Sushi Itto in a growth trajectory.

For Seductive Lingerie, Contact Honey Birdette

Honey Birdette has become a household name to the seductive, yet independent woman. The brand provides lingerie that is beyond what was formerly available on the market. The brand products range from sexy bras, pants and even sleep outfits for ladies.
Honey Birdette is the vision of Eloise Monaghan, who is an entrepreneur. He started his first store in Brisbane and has since then reaped ample success. The greatest success of the venture came from the fact that it was the first of its kind in Australia. Hence, the modern woman, who loves beauty and seduction flocked the store and spread the word around. The success caused Eloise to later open more branches in the continent. Currently, there are over 55 Honey Birdette stores in Australia.
Other than the physical stores, Honey Birdette made its presence felt in the social media through channels such as Facebook and Instagram. Consequently, customers in other regions such as the U.S and U.K started making orders. In the last one year, the U.S sales rose by 374%, causing Eloise to open a Honey Birdette e-commerce site in the U.S. The venture is aimed at helping customers get faster and cheaper deliveries. Moreover, the site will make returns easier and quicker in cases where the client is not happy with a product. Other than that, Honey Birdette intends to commence retail stores in the U.S. soon as a way of giving the customers more personal services.
The success has also been felt in the U.K., where the brand has several retail outlets. The first outlet was at the Covenant Garden, and the positive response from the customers prompted the opening of more stores in White City and Victoria Gate. There are also plans to open ten more stores in the UK in places like Liverpool and Newcastle this year. By the end of next year, the management intends to have over 40 stores in the UK.

Find more information on Honey Birdette follow them on Facebook.

Bruce Bent II – Financial Industries Titan

Bruce Bent II is well-known for being a serial entrepreneur with exceptional skills for creating short-term asset management and cash solutions for retail, bank, and broker/dealer markets. With over 60 patents, Bent has been instrumental in helping change the landscape of FDIC-insured transactions into an industry worth $1 trillion dollars.

Bent has proven, beyond any doubt, his prowess by successfully managing The Reserve for 17 years. He oversaw the sale of a number of the firm’s affiliates and subsidiaries following the 2008 financial crisis. The Reserve held the distinction of being one of the world’s largest money market institutions for privately held money. His firm, The Reserve, employed more than 300 professionals worldwide. Over a 17-year span, the firm’s assets grew from $4 billion to more than $130 billion.

Bent has been quoted in a number of the world’s premier financial publications including the New York Times, Wall street Journal, Financial Times, and other publications.

Mr. Bent is also a member of the Young Presidents’ Organization. This is a peer organization that connects nearly 10,000 young business leaders across the world. He has also been involved with New York’s Entrepreneur’s Organization. As anyone can surmise Bruce Bent II is very involved in helping shape the minds and aspirations of many of tomorrow’s financial leaders.

At present, Bent is the Vice Chairman and President of Double Rock Corporation. He also fills the role as senior executive director to six of Double Rock’s subsidiary companies. Each subsidiary is recognized as an innovator and the standard in its respective markets. One might rightfully say that Mr. Bent is a visionary. His vision and drive have been responsible for creating a number of products and technologies that have changed the financial landscape.

He has tremendous vision and drive. However, while one person may come up with an idea, Bent believes that it takes a team of talented people to bring it to life.

Read more on Bruce Bent II here and follow him on Twitter.

Honey Birdette, Riding Success to the UK and US

Honey Birdette, a highly successful Australian lingerie brand, launched an e-commerce website for US consumers. The website launch follows a 374% increase in US online sales over a 12-month period, according to The Industry London contributor Lauretta Roberts. The purpose of the new site is to improve the consumer experience for US customers by providing an extended product range, faster shipping and easier returns.

Honey Birdette also plans to increase its number of UK retail stores to 40 by the end of 2018. The brand currently has three UK locations including London’s Convent Garden, Leeds’ Victoria Gate and Westfield White City. According to Retail Gazette, an Australian news and analysis website for retail professionals, the new UK Honey Birdette stores will feature new concepts such as champagne bars and catwalks with holograms. Additional store sites include Westfield Stratford, Leeds, Newcastle and Liverpool.

Honey Birdette was founded in Brisbane in 2006 by entrepreneur Eloise Monaghan, and already has 55 stores throughout Australia. In a Retail Gazette interview, Monaghan indicated that it has always been a part of her vision to take Honey Birdette global. She also indicated that she has just recently been able to separate herself from operations and focus on the evolution of the brand. Honey Birdette is also looking to open retail stores in Europe and the United States. “Now that we have three fabulous boutiques in the UK, our aim is to introduce Honey Birdette to all and build a loyal customer base as we have done with our devoted customers in Australia,” said Monaghan.

Omar Yunes Achievements And Contributions Behind His Success

Omar Yunes also referred to as franchise of Sushi Itto, relates to the winner of the BFW competition that stands for Best Franchisee of the world. The venue of the contest took place the past 5th December in Italy, particularly Florence. The reason for his success is behind his numerous contributions towards the brand that he stands for. When he was 21 years old, he became a franchise to the food chain in Japan and currently has 13 franchise units based in Mexico City, Veracruz, and Puebla. This is a representation of approximately a tenth of all the units that owned by the brand.

He is proud of being both a representative as well as the fact that it is a reward from the 400 workforces of the 13 units which enhance management inclusive of the brand that has given them the permission to increase innovation.

34 countries had their representatives join the edition of the year 2015 of the BFW. An evaluation of franchise was done as well as its effects regarding the network in aspects including the extent of network influence, contributions regarding knowledge, the savings made, the employees’ motivation, the invoice sizes, and the proposal of improvements towards the model.

Concerning the organizer of BFW Mexico, Omar took over the leading position in the national contest. He, therefore, became a significant symbol for change in the relationship known as the franchising-franchisee, acquiring an improved management of the data and execution control boards which clarify extents of every unit.

Consequently, the Sushi Itto CEO, Benjamin Cancelmo, remarked that they view the awards to manifest the combined effort to give their customers the best services, an excellent flavor as well as an exclusive hospitality.

According to Elizarraras, the awards talks of an important sector in the nation that has individually won the satisfactory position internationally, leaving out the days when the Mexican franchise used to be a regional issue of concern.

The Prendamex franchisee, Ivan Tamer, became the winner of the Mexican chapter’s second phase. Gratitude is given to the execution and tools’ provision to obtain a new system of marketing which at the moment controls the rest of the networks of the pawnshops.

10 Life Hacks You Must Try

How to Make Your Jumper or Sweater Look Fresh Again

To make your favourite jumper look fresh again, simply use a shaver to gently remove lint

and loose fabric.


How to Remove Keys From a Jump Ring Without Damaging Nails

Use a stapler remover to gently pry open the jump ring and twist the jump ring around until the key is removed.


How to Keep From Forgetting Things When You Leave Home


Stack everything on top and under on whatever you tend to forget.


How to Write Over a Message so That No One Can Read it


Scribble random letters and numbers over the written message, making it more difficult to read.


How to Get Your Clothes Folded More Quickly


Place the unfolded clothes on your bed so that you cannot go to sleep until they are folded.


How to Protect Important Items Inside of an Overstuffed Backpack.

Size a piece of cardboard to the opening of a plastic Ziploc bag. Slip in the cardboard into the plastic bag to protect important items.


How to Clean up Messy Spilled Liquids in the Bottom of a Trash Can


Line a few layers of newspaper to the bottom of a garbage can to prevent messy liquid spills in the bottom.


How to Avoid Waiting for Water to Warm up to the Right Temperature

Use a pen to place a mark for your preferred temperature on the handle. Different colors can be used for different people in the household.


How to Keep Cereal in the Bottom of the Box Crunchy

Wengie said use a colander to sift out crumbs and leave the larger pieces. The smaller pieces may be used to sprinkle on a scoop of ice cream or for making cookies.


How to Stop Buying Duplicate Groceries


Take a photo of your opened refrigerator so that you can check your phone on your next shopping trip.