Highland Capital Management, L.P co-founder and president, James Dondero, is now part of the SMU (Southern Methodist University) Cox School of Business board. His appointment is a reward to his Dallas-based company’s dedication to making SMU a better business school to upcoming entrepreneurs.Speaking about the nomination, Dondero admitted that SMU is vital to the buzz in Dallas, a buzz that is the very reason why Highland Capital Management, L.P has grown to become so successful. To him, it is a great privilege to finally be part of something that fuels the growth of so many businesses and individuals in Dallas.
James Dondero will join an executive board of about 100 appointees, a great deal of whom are non-academics who offer valuable strategic advice to the SMU Cox School of Business. He will now be part of the boards traditional winter, spring and fall meetings.Apart from just being the president over at Higland, Dondero is also the chair of CCS Medical, NexBank, NexPoint Residential trust and Cornerstone Healthcare. His position as a board member won’t be new responsibility since he has some experience from being part of the MGM Studios and Jernigan Capital board.
About SMU Cox School of Business
The Cox School of Business has been around since 1928 and is one of the most reputable business learning institution in the region. The school offers a wide range of business oriented programs to both graduates and undergraduates from across the globe.Highland Capital Management, L.P.Highland Capital Management is an asset management company founded by James Dondero and Mark Okada back in 1993. This SEC-registered investment tutor has over $16 billion worth of assets under its care. Highland offers its clients credit and investment strategies with its fortes including lucrative investment options like hedge funds, long only funds and special-situation private equity.
Igor Cornelsen, a retired banker and now the proprietor of Bainbridge Investment Inc. is credited with being one most successful bankers heading major banking institutions in the world. Apart from his acumen in the commercial banking sector during his days, he is also one of the smartest stock market investors in Brazil. This has enabled him to become a looked upon authority on providing investment advice for people who wish to start trading in the stock market.
One of the stock investing methods on disqus that Igor Cornelsen believes in is that, the stock market is not a trading platform meant for the accumulation of wealth fast. On the contrary, he strongly believes that shrewd and successful stock market investors ought to make long term investment decisions in the stock market as opposed to short term buying of stocks with the hope that one will get quick riches. Investing in the long term is essential as one is able to earn dividends periodically and eventually get over a hundred percent profit on the particular stocks he has invested in. Therefore he advises investors to deride themselves of the notion that the stock market is meant to make one rich fast.
Further he strongly advises stock investors of the importance of having a diversified stock portfolio as opposed to massively buying one stock. This is particularly important for new investors in the market who are green in trading of stocks. Essentially, this means that it is prudent to purchase stocks of different companies publicly listed in the Bourse. The investment guru believes this is important because it significantly reduces the inevitable risk that so often plaques stock markets world over.
Another invaluable investment advice that Igor Cornelsen holds true is the importance of considering passive income as a viable way of getting more money. Passive income works well because the income generating activity does not require active participation of its owner. This gives the owner time to concentrate on other important activities that are income generating or take time off and relax. The bargain in this kind of investment is that one ought to finance it at the beginning then let someone else, often a professional to manage the income generating activity as an agent of the owner. The owner only needs to check once in a while. An example of such an investment is, investing in the stock market and hiring a manager to oversee your portfolio.
Lastly according to Igor Cornelsen the investment magnet also holds the view that a shrewd investor in the stock market has to consider a number of factors before deciding on the particular stock. The disadvantage of blindly buying stocks of a company is that the company’s stock may fall down due to the company’s financial position and maybe management woes. Therefore, it is necessary to consider the basics of an investment before going for it.