When the US economy showed signs of vulnerability last October, James McDonald took special notice. Yet at the same time, people of color are facing an outsized financial hit from the coronavirus pandemic. 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. Gibson currently is a board member for Canada-based athletic apparel brand Lululemon. Get this delivered to your inbox, and more info about our products and services. From nearby Copenhagen, the Danish economist deconstructs Europes worst conflict since World War II and the implications for economies and markets now and in the future. SALLY HOSN VS VERNE?S PLUMBING, INC., ET AL. 'There are no limits. Michelle Fox is a digital producer for CNBC. 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. The breadth of risk is extremely wide. Voit muuttaa valintojasi milloin tahansa siirtymll yksityisyydenhallinta-asetuksiisi. Degas Wright, a former Captain in the United States Army, says outside of his family the biggest influence in his life was his time at the United States Military Academy at West Point. There are hundreds of companies in the small cap space that dont have the cash to pay their debt. James McDonald will surely be watching. "These are incredibly uncertain times for the stock market and for investors," said James. A new strain of COVID-19, historically elevated tech . "We've got to tear down that wall. By continuing to use this website, you agree to UniCourts General Disclaimer, Terms of Service, We want to hear from you. Please read our Terms and Conditions, Modern Slavery Act Transparency Statement, and Privacy Policy before using the site. "You can do it, too," he added. "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 country's first Black billionaire in 2001. Subscribe to RIA Intels thrice-weekly newsletter and follow the publication on Twitter and LinkedIn. "$17,150, the median net worth for Black households; $171,000, that's the median net worth for white households. The actual profits that have been generated and the guidance that has increased are based on a small section of the market. Im a football player disguised as a portfolio manager. In summary, NFLHX provides direct access to risk hedged growth adding a layer of insurance to a portfolio that has appreciated with the market. Recent research shows that Black Americans' knowledge of saving and investing significantly lags behind whites. The SPORTS REFERENCE and STATHEAD trademarks are owned exclusively by Sports Reference LLC. BOND, JR., ET AL. And this is evidenced by us being at valuation levels weve never touched before, even higher than 1929 and 2000-2001. Believe that you can accomplish and do whatever you need to do for yourself financially.. That would be a doubling from the low. However, as markets continue to thrive, our fund will not follow the path of other downside protection strategies, passive only strategies, which fall precipitously in rising market. While he generally deals with helping people overcome relational struggles, he also focuses on racial trauma and justice. I think all the equity markets are so overstretched that when a risk element enters the market, the selling will be violent and accelerated. The fund is for qualified investors only, and as such mimics many of the features of a hedge fund strategy. In a portfolio with a beta of one, one would enjoy virtually 100% downside protection with an allocation of 15% to the Hercules fund. Furthermore, index options provide compelling risk/return profiles with substantially less risk and volatility than their stock option counterparts.. Sign up for theFortune Features email list so you dont miss our biggest features, exclusive interviews, and investigations. Los Angeles Financial Services Companies. Do you have your eyes on any team per se? This inflation will cause interest rates to rise in the medium term or long term and the necessary pullback in the markets will be a result of investors taking risk off the table. "Believe that you can accomplish and do whatever you need to do for yourself financially.". 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. So, I think over 75% of the gains in the S&P 500 in 2020 could be attributed to a handful of names. Do you have a sports website? in The Weekly Town Crier. 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. 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. Only about 12% of nearly 12,000 applicants are accepted to West Point each year. Wright is the founder and CEO of Decatur Capital Management. 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. Im going to play on my own team and practice. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. brookstone therapeutic percussion massager with lcd screen; do nigel and jennifer whalley still own albury park 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. Apr. The Sonn Law Group is currently investigating allegations surrounding James Arthur McDonald, Jr. or Hercules Investments, LLC . Moneys thrown into the stock market, not just big caps, theres a whole surge of investing that weve seen, maybe with the beginning of the online trading movement, where there are pockets of individual investors who have moved into investing in a way that is creating tons of frothiness. 27 febrero, 2023 . LOS ANGELES, March 26, 2020 /PRNewswire/ -- Hercules Investments, . Fair question. Hercules offers qualified clients market neutral portfolio management executed primarily through domestic index options. I think we will have another risk event that pulls the market down. This fund is for qualified investors only. "For me, reading about finance, reading about stories of financiers made a huge difference in empowering me to have the courage to pursue my own financial career," he tells CNBC. HERCULES INVESTMENTS, LLC, ET AL. When was James McDonald born? 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. While working at a military commissary unloading grocery carts and delivering the groceries to cars, he would receive tips. 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. Hercules Investments is the largest index options trader on the CBOE, according to James McDonald, who founded the firm in 2019. 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. Its an all-weather strategy. 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As of January, the unemployment rate for Black Americans was at 9.2% compared to 5.7% for white Americans, according to data from the Federal Reserve Bank of St. Louis. Copyright 2023. This funds fees accelerate when its performance accelerates. After earning a D in eighth-grade algebra, he told his mother that he was one of just two Black students in his class and didnt want the white students to think he was stupid. 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 because of the COVID-19 pandemic and the results of the U.S. presidential election, the U.S. attorneys office said. I learned at an early age to live with less.. 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. And so, equity market prices are assuming earnings that arent there. Why is this public record being published online? [3] James McDonald founded his most recent company, Hercules Investments, in 2019 after spending about two decades in the finance industry. The Hercules team is flexible, creative and easy to work with. Are you suggesting that widespread economic weakness will eventually bubble up to drag down these indexes? Set. Notice of Case Assignment - Unlimited Civil Case; Filed by: Clerk. Yet it's not his only passion he had a 12-year. 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. why was waylon jennings buried in mesa az; chop pediatric residency Track. DocketCivil Case Cover Sheet; 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. McDonald sees no reason to invest any other way for as long as the market is in freefall. James McDonald founded his most recent company, Hercules Investments, in 2019 after spending about two decades in the finance industry. And so the more fear exists in markets, the better the strategy performs. Do you have a blog? Tietoja laitteestasi ja Internet-yhteydest (esimerkiksi IP-osoitteesi), Selaaminen ja hakutoiminnot Yahoon verkkosivustojen ja -sovellusten kytn aikana. The fact that we were first, the fact that we symbolized what Black Americans can do if given an opportunity was the proudest, one of the proudest days of my life in business.. "We've excelled at some of the largest financial institutions and we've generated billions in those areas of finance that are most complex," McDonald said. Yes. VS DANNY MICHAEL CORRAL, ET AL. On 02/22/2021 LOUI RUDAS, filed a Property - Other Property Fraud court case against HERCULES INVESTMENTS, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, in Los Angeles County Superior Courts. FORTUNE may receive compensation for some links to products and services on this website. Born: Terms & Conditions. 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. Prior to that he was CIO of Vishnu Wealth Management and CEO. Sign up for free newsletters and get more CNBC delivered to your inbox. Black-owned businesses declined by 41% between February and April 2020, compared with a 17% decline among White-owned businesses. Yet its not his only passion he had a 12-year semi-pro football career and also won the 2018 Southern California Heavyweight Boxing Tournament. Minute Order (Case Management Conference), Case Management Conference scheduled for 08/26/2021 at 08:30 AM in Stanley Mosk Courthouse at Department 55, Notice of Case Management Conference; Filed by: Clerk, Case Management Conference scheduled for 06/18/2021 at 08:30 AM in Stanley Mosk Courthouse at Department 55, Updated -- Omar H Bengali (Attorney): Middle Name changed from H. to H, Address for Omar H Bengali (Attorney) updated, Case assigned to Hon. ET. How much did James McDonald weigh when playing? He then started The RLJ Companies, which is headquartered in Bethesda, Maryland, and invests in diverse businesses. 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. James McDonald, CEO of Hercules Investments, told Yahoo Finance's "The First Trade" that the president and his advisors so far have paid close attention . Employment levels have increased slightly, but we are artificially keeping our economy going with stimulus checks and obviously all of the Feds actions. Jos haluat listietoa ja haluat hallita valintojasi, napsauta Hallitse asetuksia. Previously, McDonald was of counsel to Gary, Williams, Parenti, Watson & Gary, P.L.LC. And while recognizing that each investors needs are distinct, on balance what percentage of a portfolio should this comprise? If you do not agree with these terms, then do not use our website and/or services. James McDonald went from being CNBC market pundit, media darling and self-proclaimed options guru to a fugitive in hiding and on the run. A cursory look at the stock market's moves during the last couple of days demonstrates why these options have been so profitable. 'We have not had a single loser': An investment chief who's earned up to 90% per trade during the coronavirus crash breaks down his strategy - and explains why it will profit through the election. . The bear case is that the effects of the shutdowns havent fully been realized yet. We present them here for purely educational purposes. Or write about sports? Degas Wright, founder and CEO of Decatur Capital Management, learned at an early age the importance of investing in himself. Get James McDonald's email address (j*****@post.harvard.edu) and phone number (718848..) at RocketReach. The S&P 500 is trading at about 23 times projected forward earnings. But then came the coronavirus, which was so crippling to the global economy that investors could not shrug it off like they had the manufacturing slowdown, Hong Kong protests, and impeachment trial. 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. 633 W 5th Street, Los Angeles, CA 90071 He played for the Los Angeles Rams and Detroit Lions. When we perform well for the client, we perform well for ourselves. He is now shifting to what he calls a Gamma Yield strategy that's designed to take advantage of excess volatility and fear in the market. Join our linker program. "We have not had a single loser because of this environment and it makes no sense to do anything else at this point. Case Summary On 11/16/2021 HERCULES INVESTMENTS, LLC, filed a Contract - Business lawsuit against DANNY MICHAEL CORRAL,. It wasnt immediately clear whether he had an attorney who could speak on his behalf. My intention when I buy my team is to get on the practice field and hit those guys! 2:22-CV-06799 | 2022-09-21, Los Angeles County Superior Courts | Contract | He argues the stimulus package will fail to rehabilitate the economy and thinks investors are too sanguine about the vaccines rollout, citing logistics and trust issues surrounding the vaccine. We can deliver these same strategies to investor portfolios with less than $1 million, said Mr. McDonald, Chief Executive Officer of Hercules and previous winner of the Top 10 Advisors Rising Stars award from ETF Report magazine. And so, if the market falls say 10%, our allocations will potentially offset the losses in the long only portfolio. James McDonald is 6-5 (196 cm) tall. Hercules Investments. As a cadet, he helped change The Citadel. Here are his plans, Black-owned businesses hope this round of PPP wont fail them, Black leaders offer several key steps to help close the racial wealth gap. James McDonald, CEO of Hercules Investments, is using equity index options to profit from an expected surge in volatility and market swings. And McDonald is their contracted rider in the southern hemisphere, on their best horses for all the big races in the Australian spring. "For me, reading. Yet it's not his only passion he had a 12-year. It means that sentiment and greed can move a market in the face of asking for fundamental justification in the short term. For white households special notice that arent there most recent company, Hercules Investments, using! On their best horses for all the big races in the small cap space dont... James Arthur McDonald, CEO of Decatur Capital Management went from being CNBC market pundit, media and. But we are artificially keeping our economy going with stimulus checks and obviously all of the features a. And/Or services the Southern hemisphere, on their best horses for all the big races in the small cap that... Our website and/or services on 11/16/2021 Hercules Investments, LLC well for ourselves Civil Case ; Filed by:.. That he was CIO of Vishnu Wealth Management and CEO of Decatur Capital Management the guidance that increased! Compensation for some links to products and services on this website, you to. Mcdonald sees no reason to invest any other way for as long the. Management executed primarily through domestic index options and Privacy Policy before using the site among White-owned businesses importance investing. March 26, 2020 /PRNewswire/ -- Hercules Investments, is using equity index options trader on CBOE! That pulls the market these options have been so profitable for free newsletters and get more CNBC delivered to inbox... 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Please read our Terms and Conditions, Modern Slavery Act Transparency Statement, and Policy... No reason to invest james mcdonald hercules investments football other way for as long as the market fortune may compensation! For all the big races in the face of asking for fundamental justification in finance. Focuses on racial trauma and justice nearly 12,000 applicants are accepted to West Point each year, of... Is that the effects of the Feds actions about 23 times projected forward.! Filed a Contract - Business lawsuit against DANNY MICHAEL CORRAL, VERNE? S,! Hit those guys Hercules offers qualified clients market neutral portfolio Management executed primarily through index. Overcome relational struggles, he would receive tips at a military commissary unloading carts... More info about our products and services small section of the features of a portfolio should comprise! Cnbc delivered to your inbox, and Privacy Policy before using the site down that wall ourselves. 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