This year marked the 30-year anniversary of the infamous stock market fall in the year of 1987. Even though anniversaries are generally marked with celebrations, it is unlikely that anyone would be celebrating this occasion other than a rare few short sellers. On the 19th October 1987, Dow plunged by over 500 points in a single day, which was the only most significant fall in a day and accounts for over 22 percent of the market strength. The market fall in those times wasn’t triggered by anything specific as the global markets were pretty stable, the economic situation wasn’t dangerous, the currency wasn’t overvalued, no wars were breaking out, and no governments were falling.
However, the computer-driven stock programmed trading did add to the agony and resulted in the significant fall. The automated high-frequency algorithms that SEC blamed for the collapse are the ones that are still in use today. What one learns from it is that one should be able to learn to read the market, and the lull before the storm is the sign that one must be able to decipher to make the most of the sluggish equity market. Currently, the markets have been overwhelmingly calm and disciplined, which might be the sign anyone might be looking for. Holding on to the cash and investing during the sluggish market is the right thing to do.
Daniel Mark Harrison is a managing partner of Blockchain funding firm Monkey Capital and Fintech. Monkey Capital has been received various recognition, like the 6 out of five-star rating by the nationally-syndicated radio of radio host Chris Waltzek. Monkey Capital is a devolved hedge fund that takes an interest in SpaceX supply contracts and even Blockchain systems.
Blockchain Development acquired Monkey Capital for a fee of about $500,000. The purchase price of Monkey Capital was inclusive of $400,000 being paid in installments and the rest being paid inform of COEVAL (COE).Daniel later upgraded its name to Monkey.com. After its acquisition Monkey Capital could be said to be rapidly growing and becoming a household name in the Blockchain development.
Daniel Mark Harrison completed his studies in 1999 having graduated with a BA in Theology from University of Oxford. He later proceeded to study masters of Business Administration at BI Norwegian Business School. His education journey proceeds to New York University where he graduated with a Degree in Journalism (business.)
Being a successful entrepreneur, a published author, and a media expert, Daniel Mark is a representation of success most people would like to be. He is engaged in multiple businesses with major roles in them. Apart from being a CEO of Daniel Mark Harrison Co., he also has a family office whose main objective is to oversee the growth of his assets and oversee his endeavors. These offices are distributed in various locations of the globe including Bangkok, Hong Kong, and Singapore. He is also a co-founder of Stanley Court Ltd which was aimed to hold investment and asset brokerage.
Mr. Daniel Harrison commands great respect in the entrepreneurship world as result of mileage he has covered when it comes to success. He was in fact described by Isabella Kaminska in the Financial Times as a journalist, author, publisher, Editor-in-Chief. Factory banking investor and lastly a serial entrepreneur. Through his influence, he has managed to grow readership to 450,000 per month at CoinSpeaker where he has greatly contributed over the years. His published books are inclusive of Butterflies, strange metamorphosis of fact and fiction in Today’s world.
One thing that gives George Soros an upper hand is the success that he has recorded in his businesses especially the financial markets. He is known as the founder of a hedge fund known as the Soros Fund Management. This hedge fund is regarded as one of the most successful ventures of its kind being established in the year 1970. George Soros believes that the freedom he enjoys has allowed him to follow his own path hence liberating the oppressed and changing the lives of people in many ways. He has a website known as Georgesoros.com where he discusses other issues apart from the ones he handles with the Open Society Foundations. At the moment, George Soros is 86 years old and is still interested in the running of the Open Society Foundations especially when it comes to traveling to advocate and support its missions due to his influence. Soros has been known to talk to world leaders privately and publicly.
Like his line of work where he has managed to make billions of money in the risky currency trade, George Soros is known to support missions that look like lost causes. He openly admits that he has in the past taken on problems and issues that may not have a complete solution. If there is something that the old man holds dear to his heart is criminal justice reforms and immigration reforms. This is the reason why he has funded lawyers and paralegals to fight for people who have been jailed without trial in many nations. He is a billionaire who has funded the education of thousands of students who cannot afford university and college education due to financial difficulties. Independent organizations around the world have also benefited from his donations. Some of the beneficiaries include the Institute for New Economic Thinking, the Great European Council on Foreign Affairs as well as the International Crisis Group. Finally, a group called the Global Witness is another beneficiary of his generosity. Read his profile at Forbes.
His desire to change the world began when he attended the London School of Economics. During his stay at the University, he was influenced by the theories of a philosopher known as Karl Popper. The book that most influenced Soros most is the Open Society and Its Enemies. This is where he learned about freedom of expression and the importance of respecting one another. Also, it’s in this book that he first learned about democratic governance as he had been born and raised in a communist Hungary. During his childhood, the Nazis used to occupy his home country persecuting thousands of Jews in the process. George Soros first contribution to philanthropy was in the year 1979 when he decided to help South African students to fight the apartheid rule. Read more on NYTimes.com
Jim Hunt is an investment professional who used to work for a big bank and advise clients on where to place their funds, but now he works independently and runs his own company. At first glance, Hunt doesn’t seem to be outspoken or flamboyant in the way he runs his business, but it turns out there can be more to him than meets the eye. Jim Hunt knows where to find all the secrets and tricks to the trade of stock investing and trading, and believes he can help even those with little knowledge of finances become wealthy. Jim Hunt VTA Publications spends a lot of his day doing research, but makes sure to balance his work out with family time.
Jim Hunt is active on YouTube where he shows the latest investments and trades he’s made on his stock charts, and gives his audience insights on executing trades on prnewswire.com. Hunt is also the founder of “Wealth Wave” and “Making Mum a Millionaire,” financial tips that he includes along with the other materials his company produces. “Wealth Wave” is about the transfer of funds in a bear market economy and how you can be a part of the transfer when the funds change hands. “Making Mum a Millionaire” is about how 10 stock trades could turn into one million in net worth, and lead to tax-free status.