JD.com’s Story Before Its Fame and Success

An online retail company in China commonly referred to as Jingdong (its former name that became very popular) or its official name, JD.com, is becoming very popular around the world and there is a very good reason for that.JD.com is a massive success, and the retail platform, founded by the technology enthusiast Richard Liu Qiangdong, is taking over the retail market of China and expanding to other countries as well around Asia.Richard Liu became internationally known when his e-commerce brand grew to what is now a online company worth billions of dollars. It was founded as a solution for the retail industry of China, and it started becoming more and more popular as more customers started shopping through the website.

Jingdong has everything you could imagine a young tech lover would enjoy. The platform has tons of technological devices and new tech that has recently been released in the industry. They have computers, devices, robots, drones, tablets, and the list goes on. They also have expanded to other sectors as well, and the JD.com retail platform is becoming larger and larger with an ever-growing customer base.JD.com has a lot of influence on China as one of the biggest brands of its industry in the Asian country. Walmart and other business juggernauts have acquired shares of this growing business as well, believing that the popularity of the company will only continue to grow in the future.

The founder Richard Liu studied sociology at the Renmin University of China and became a formed sociologist, with little academic formation in business development.However, Richard Liu Qiangdong had an entrepreneurial personality, and he was always testing out different product ideas and seeing the reception of these ideas by the general public. JD.com started out as a company selling magneto-optical in 1998 and was formerly named Jingdong Century Trading Corporation before changing the name to 360buy.com and then changing again to its current business name: JD.com. There was also a period of time where the company went online as a site named JDlaser.com, which was in 2004.JD.com remains as one of the most successful retail business of the Chinese market and a business that is expanding fast to other nations as well.

Sahm Adrangi Is No Lemming

The thing about lemmings is that they will follow, without thinking, the other rodents and, en mass, will commit suicide. When looking at markets, however, few likely realize that as everyone moves in one direction, following the latest trend, that eventually such a strategy may turn them into a unsuspecting lemming. With technology, a lot of investors have embraced the idea of putting their accounts on the equivalent of auto-pilot, letting price drops, or increases in price, trigger a buy or sell order.

Sahm Adrangi, founder of Kerrisdale Capital, believes that a somewhat antiquated approach to investing is likely, at least in part, a good partial strategy to take. Machines can tell us most anything, but having a look at a stock’s fundamentals will tell us a lot more about where the stock is now, how the company is being managed, and if it is in short or long-term distress.

Having made it his point to head in the opposite direction of all the soon-to-be lemmings, Sahm Adrangi takes a closer look at why a company is troubled and reflects on whether it can be salvaged. He then moves on to developing strategies for either investing in a company, which can be construed as holding long-term, or using every possible tool and toy in his derivatives bag to make out on a company in a temporary situation.

Kerrisdale Capital, founded by Sahm Adrangi nearly 10 years ago, was created on utilizing situations that were driven by an event. An event is something a company can most likely come back from, but a systemic malaise is another story. This firm would likely long-term invest in a systemic malaise situation if the company had balance sheet, or even pipeline, promise. Situational investing is having a short-term interest in making some money on either a reversal-of-fortune for a company, or a short-term run that is lacking legs. Shorts and options can come together and allow any investor to make good on every move a company makes, turning it into a money-making opportunity.

Sahm Adrangi looks for opportunities in some unusual places, which is also why he unearths ignored sectors harboring future values. He will never be counted a lemming.

https://www.prnewswire.com/news-releases/sahm-adrangis-kerrisdale-capital-issues-negative-report-on-eastman-kodak-company-300594897.html

 

https://www.youtube.com/watch?v=1KIJnG8kfW0

James Dondero: A Success Story

James began his journey to the top by achieving a higher education at the University of Virginia’s School of Commerce. Here is where he would earn his Bachelor of Science Degrees in both accounting and finances. His success at the University landed him his first genuine position in the world of finance at JP Morgan Chase & Company. At JP Morgan, James would create a financial training program that was such a hit it landed James his dream job at American Express. From 1985 to 1989 James managed over $1 billion in fixed income funds for the clients of American Express. It was in 1989 that James would accept the role of Chief Investment Officer of Protective Life’s GIC Subsidiary, a mere concept of a company that James helped to mold into a $2 billion success story. It was this success that would earn James the title of leading alternative credit manager in the world according to his peers. Read more about James Dondero on Bloomberg.

Read: https://www.dailyforexreport.com/james-dondero-dallas-surprising-philanthropy-hero/

Now that James had reached the top tier amongst his peers, it was time to take the next step in his career by becoming the President and Co-founder of Highland Capital Management, an alternative investment firm headquartered in Dallas, Texas. The firm’s primary focuses are on private equity loans and various credit accounts; however, James has made it a point to set aside $3 million every fiscal year for the support of their philanthropic efforts. His charitable team at Highland Capital Management assist James in searching for non-profit organizations and initiatives in the city that promise to strengthen their community by offering something of value to the people. For example, James recently gave a challenge grant of $1 million to The Family Place, a shelter for men that have fallen victim to domestic violence. The housing features a 24-hour crisis hotline for those who need to reach out and is close to medical care as well. Another recent example of the generosity shown by James Dondero and his charity team is the $1 million donation given to the Dallas Zoo so that they could rebuild their hippo habitat which closed down nearly two decades ago. Follow James on Linkedin.