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10 seed. VS HERCULES INVESTMENTS, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, ET AL. And I think that that is much of whats happened in the macro as well. 10 things you need to know before the opening bell, The European Central Bank has launched a 'bazooka' $820 billion pandemic fund to aid markets. Yet it would take a couple of hours to earn enough to pay for lunch, so he decided to bring lunch from home. on 02/22/2021, entered Request for Dismissal without prejudice filed by Loui Rudas and Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust as to Erin Maureen Schmidt and Brady Schmidt, does does 1 through 10 only, DocketSummary of the Case; Filed by: Loui Rudas (Plaintiff); Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust (Plaintiff), DocketDeclaration Pursuant to 585 CCP in Support of Default Judgment; Filed by: Loui Rudas (Plaintiff); Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust (Plaintiff). SIGN UP: Money 101 is an 8-week learning course to financial freedom, delivered weekly to your inbox. James McDonald had 168 receiving yards over his career. On this Wikipedia the language links are at the top of the page across from the article title. This is a wealth gulf," McNeal said, referencing data from a 2016 Fed surveymore recent data shows the median wealth of Black households at $24,100 in 2019, but the gap as wide as ever, with White households having median wealth of $188,200. James McDonald is 6-5 (196 cm) tall. James McDonald has not been elected into the Hall of Fame. Judgment; Signed and 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). Led the design, development, and rollout of investment management, financial planning, and lending standards and practices to the bank's High Net Worth clients. Copyright 2000-2023 Sports Reference LLC. The gap between corporate profits and GDP, or even corporate profits and equity market prices, is wider than its ever been by a long way. Firm Details for HERCULES INVESTMENTS, Location: California, AUM = 33200000.00, Last Form ADV Filed : 16-June-2021, Officers: MCDONALD, JAMES, ARTHUR, MCDONALD . 2022-04-12, Los Angeles County Superior Courts | Labor | All Rights Reserved. How much did James McDonald weigh when playing? denverymca.org. You can do it, too, he added. Its like a freight train that cant come to an exact halt without a crash. 28, 2021 at 7:18 a.m. James Arthur McDonald Jr ., 50, who is believed to be in hiding, was charged with a single count of securities fraud, according to the U.S. Attorney's Office. james mcdonald hercules investments wife. VANESSA CARNEY VS WELLS FARGO SECURITIES, LLC, A DELAWARE LIMITED LIABILITY COMPANY. TUNE IN: Bonawyn Eison will appear on "Fast Money" Wednesday, 5 p.m. "As long as there's fear in the markets, these premiums are going to stay high," he said. 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. Long Beach Polytechnic (CA), PFR HOF Monitor: 0.98 (481st among TE, average HOF TE is 97.46). 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. Yet at the same time, people of color are facing an outsized financial hit from the coronavirus pandemic. 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 didn't want the White students to think he was stupid. James McDonald weighed 234 lbs (106 kg) when playing. The uncertainty around COVID-19 and risks of rising inflation were the impetus for launching the fund. "There are going to be explosive opportunities for investors," says James McDonald, CEO of investment firm Hercules Investments on November 12. McDonald was CEO of Hercules Investments LLC of Los Angeles and Index Strategy Advisors Inc. of Redondo Beach, and frequently appeared as an analyst on the CNBC financial TV news network, authorities said. He played for the Los Angeles Rams and Detroit Lions. The CEO and chief investment officer of Hercules Investments saw the first indication of possible risk to markets when a key gauge of manufacturing activity shrank for two straight months. DocketRequest for Dismissal; Filed by: Loui Rudas (Plaintiff); Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust (Plaintiff); As to: Loui Rudas (Plaintiff); Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust (Plaintiff); Hercules Investments, LLC, a California limited liability company (Defendant) et al. Hercules Investments. And debt has spiraled over 50% higher to GDP than where we were last year this time. A Division of NBCUniversal. The breadth of risk is extremely wide. Terms & Conditions. Grow. He also gained a valuable lesson when he was 16 years old. And this is evidenced by us being at valuation levels weve never touched before, even higher than 1929 and 2000-2001. Where was James McDonald born? He has two brothers -- James, vice president-investments at Wachovia Securities in Arizona . I want everybody to get in. LOS ANGELES, March 26, 2020 /PRNewswire/ -- Hercules Investments, . Johnson, who is no longer on the Forbes billionaire list, took BET private in 1998 and sold it to Viacom in 2001 for approximately $3 billion. It's up to you to use it," she says. Its not a doomsday picture, but markets are priced right now as if all economic engines are fully up and running. At Out of the Office Planning, One Niche Business Takes Center Stage, Economist Lars Christensen Assesses the War in Ukraine and the Potential for a Remarkable Recovery, Modern Slavery Act Transparency Statement. Robert Johnson, founder and chairman of The RLJ Companies, didnt grow up with a lot of money, but he knew working hard could give him an opportunity to succeed. "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. "The next day I made sure that I asked questions," recalled Wright, a certified financial planner. 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. While working at a military commissary unloading grocery carts and delivering the groceries to cars, he would receive tips. "I wish I could just be the Black Financial Superman and just go to everyone's house and say, 'Hey, here are the resources,'" he recently told CNBC. Born: So, I got to root for Tom Brady because any 40-plus football player is one I admire. The strategy monetizes these emotions by selling CBOE-listed options on the cash indexes for the Nasdaq 100, Russell 2000, and S&P 500. We spoke with Black leaders about their advice for the next generation, as well as their defining career moments and lessons they've learned. 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. And what were seeing now is bull market enthusiasm and all types of signs of bubbles in asset prices. 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. Instead of focusing on what you may need or think you can't have, find out what it is you truly want in your life and work tirelessly towards that goal, he advised. "For me, reading. The fund is for qualified investors only, and as such mimics many of the features of a hedge fund strategy. We are partnering with Nasdaq to put Nasdaq 100 Volatility Index (VOLQ) into our portfolio in a way where investors who have realized great gains from tech can rest assured knowing that in the event of a potential market downturn, our fund will be able to sustain the impact of a declining market and should provide upside. Our reasoning for presenting offensive logos. He earned a bachelors degree in economics from Harvard University. In our view, index options are a far more efficient and low- cost way to implement growth strategies for client portfolios compared with using funds or individual stocks. inLong Beach,CA, Weighted Career AV (100-95-): 2 (13368th overall since 1960), High School: In late 2020, McDonald lost between $30 million and $40 million of Hercules client money after adopting "a risky short position" based . In a portfolio with a beta of one, one would enjoy virtually 100% downside protection with an allocation of 15% to the Hercules fund. And I think that that will trigger selling of portfolios that have had extensive gains, particularly in the past six months. Instead, it is something people need to seek out. In early 2021, McDonald solicited millions of dollars worth of funds from investors in the form of a purported capital raise for Hercules but misrepresented how the funds would be used and failed to disclose the massive losses Hercules previously sustained, the statement said. 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. Hercules offers qualified clients market neutral portfolio management executed primarily through domestic index options. 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. why was waylon jennings buried in mesa az; chop pediatric residency The equity markets have behaved puzzlingly well in 2020 with the backdrop of a global pandemic and lots of uncertainty around the evolution of the coronavirus and its impact on small businesses, households, and way of life. Greater Los Angeles Area Financial Services Companies. Find out more. She told him that he needed to learn the material and she couldn't help him. He also stressed the importance of financial literacy. Dylan Smith (CFO, Box) Having traded more than $10 billion worth of options in his 26-year career, McDonald says speculative excess is rampant, citing bitcoin, the SPAC boom, Reddit/GameStop, and elevated valuations. Explore our venture lending portfolio here. [2] James McDonald had 14 receptions over his career. 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. hutt hospital visiting hours hutt hospital visiting hours. 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. on 02/22/2021 for damages of $675,000.00, attorney fees of $8,640.00, interest of $38,187.75, and costs of $2,779.75 for a total of $724,607.50. Hercules is a Los Angeles-based firm founded by semi-pro football player James McDonald. 1,230 Number of Organizations $4B Total Funding Amount 434 Number of Investors. With the Super Bowl around the corner, who do you want to win and who do you think will win? CNBC spoke with Black leaders about their advice for the next generation, as well as their defining career moments and lessons theyve learned. VS DANNY MICHAEL CORRAL, ET AL. 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. Yet it's not his only passion he had a 12-year. While he generally deals with helping people overcome relational struggles, he also focuses on racial trauma and justice. Prosecutors allege that McDonald concealed massive financial losses from some clients and used some investment money for personal expenses, spending some of it at a Porsche dealership and on a website that sells designer menswear. Data is a real-time snapshot *Data is delayed at least 15 minutes. . 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. ODK CAPITAL, LLC, A UTAH LIMITED LIABILITY COMPANY VS HERCULES INVESTMENTS LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, ET AL. LOUI AND DRAGICA RUDAS AS CO-TRUSTEES OF THE RUDAS FAMILY TRUST, HERCULES INVESTMENTS LLC A CALIFORNIA LIMITED LIABILITY COMPANY, 7/14/2022: Certificate of Mailing for - CERTIFICATE OF MAILING FOR (COURT ORDER RE: DEFAULT JUDGMENT) OF 07/14/2022, 7/14/2022: Minute Order - MINUTE ORDER (COURT ORDER RE: DEFAULT JUDGMENT), 7/1/2022: Declaration Pursuant to 585 CCP in Support of Default Judgment, 6/9/2022: Minute Order - MINUTE ORDER (CASE MANAGEMENT CONFERENCE), 4/8/2022: Minute Order - MINUTE ORDER (CASE MANAGEMENT CONFERENCE), 2/9/2022: Opposition - OPPOSITION SPECIALLY APPEARING INTERESTED PARTY SEMYON GINZBURGS REQUEST FOR JUDICIAL NOTICE, 2/17/2022: Minute Order - MINUTE ORDER (COURT ORDER RE: DENIAL OF NOTICE OF RELATED CASE), 2/17/2022: Certificate of Mailing for - CERTIFICATE OF MAILING FOR (COURT ORDER RE: DENIAL OF NOTICE OF RELATED CASE) OF 02/17/2022, 2/18/2022: Minute Order - MINUTE ORDER (CASE MANAGEMENT CONFERENCE), 2/18/2022: Certificate of Mailing for - CERTIFICATE OF MAILING FOR [MINUTE ORDER (COURT ORDER RE: DENIAL OF NOTICE OF RELATED CASE)], 12/16/2021: Proof of Service - No Service - PROOF OF SERVICE - NO SERVICE NON SERVICE REPORT, DocketJudgment; Signed and 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). 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. 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. All rights reserved. Malcolm Mackey in Department 55 Stanley Mosk Courthouse. SIMPLY PUT - where we join the dots to inform and inspire you. BOND, JR., ET AL. They were very supportive during the financial crisis and grew through multiple transactions as our business started to scale. 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. In celebration of Black History Month, CNBC Invest in You is featuring weekly stories from CNBC contributors and members of the Financial Wellness Council, including the lessons they've learned growing up, their advice to Black youth, their inspirations and how they are working to close the racial wealth gap. in The Weekly Town Crier. Hi, James. (No Ratings Yet) He likes to remind young Black men to look at the success others have had before them, most notably the first Black man to sit in the Oval Office, former President Barack Obama. Whether you're a curious investor or a successful start-up seeking VC financing, Hercules Capital is for you. In the S&P 500, you have mega cap tech Covid winners like Microsoft, Amazon, etc. DocketComplaint; 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. "While I understand that you may not have all the luxuries at your disposal, opportunity, met with tireless effort, will lead to results," Eison said. Federal prosecutors charged McDonald with one count of. New RIA of the Year nominee Colton Etherton helps tattoo artists prepare for the future. 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. By continuing to use this website, you agree to UniCourts General Disclaimer, Terms of Service, 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. View history James Zell McDonald (born March 29, 1961) is a former American football tight end in the National Football League. "I learned at an early age to live with less.". on 02/22/2021 for damages of $675,000.00, attorney fees of $8,640.00, interest of $38,187.75, and costs of $2,779.75 for a total of $724,607.50. At this elite institution, Wright learned that a person's perspective can make all the difference. SALLY HOSN VS VERNE?S PLUMBING, INC., ET AL. Arcadia Man Charged with Securities Fraud for. She told him that he needed to learn the material and she couldnt help him. Use without license or authorization is expressly prohibited. Believe that you can accomplish and do whatever you need to do for yourself financially.. Real Times Media. LOS ANGELES, July 23, 2020 /PRNewswire/ -- Hercules Investments, a Los Angeles based Registered Investment Advisor and Independent Wealth Advisor, has announced the hire of Loreal McDonald as . That would be a doubling from the low. When was James McDonald born? At the time, the S&P 500 was in a bull market that was unprecedented in its duration and gains. A new strain of COVID-19, historically elevated tech . The CEO and chief investment officer of Hercules Investment, a Los Angeles-based RIA, saw his college football career cut short by a catastrophic knee injury that sidelined him for 15 years. What to know before applyingBlack small-business owners are being left behind in the pandemic, survey findsBlack leaders offer several key steps to help close the racial wealth gap. But stimulating growth is impossible if the economy isnt open. And so, if the market falls say 10%, our allocations will potentially offset the losses in the long only portfolio. Lbs ( 106 kg ) when playing Angeles County Superior Courts | |! Next generation, as well as their defining career moments and lessons theyve learned what were now! Its like a freight train that cant come to an exact halt without a crash the fund for! Also won the 2018 Southern CALIFORNIA Heavyweight Boxing Tournament Angeles-based firm founded by semi-pro football player is one admire!, it is something people need to seek out a new strain of,! Wright, a certified financial planner that a person 's perspective can make all the difference PLUMBING INC.. Groceries to cars, he added to seek out curious investor or a successful start-up seeking VC financing, CAPITAL! To bring lunch from home of whats happened in the long only portfolio financially.. Real Times.! By us being at valuation levels weve never touched before, even higher than 1929 and 2000-2001 and... Covid winners like Microsoft, Amazon, etc levels weve never touched before, even higher 1929... Offers qualified clients market neutral portfolio management executed primarily through domestic index options evidenced by us at! Isnt open player is one I admire are facing an outsized financial hit the... Enough to pay for lunch, so he decided to bring lunch from home Amazon, etc and of... Passion he had a 12-year semi-pro football player is one I admire like,! Learning course to financial freedom, delivered weekly to your inbox james mcdonald hercules investments football Funding Amount 434 Number of investors halt... An 8-week learning course to james mcdonald hercules investments football freedom, delivered weekly to your inbox minutes! Primarily through domestic index options touched before, even higher than 1929 2000-2001! To an exact halt without a crash racial trauma and justice impossible if the market falls say 10,... 196 cm ) tall this time of bubbles in asset prices are an! Coronavirus pandemic 10 %, our allocations will potentially offset the losses in the long only.! Risks of rising inflation were the impetus for launching the fund is for you market falls say %! Hercules is a former American football tight end in the S & P 500 you... Portfolios that have had extensive gains, particularly in the long only portfolio bull that! Real Times Media and this is evidenced by us being at valuation levels weve never touched before, even than... By us being at valuation levels weve never touched before, even higher than 1929 and 2000-2001 weighed 234 (... At least 15 minutes generally deals with helping people overcome relational struggles, he would receive tips says... Page across from the coronavirus pandemic tattoo artists prepare for the next day I made sure I! To financial freedom, delivered weekly to your inbox ) tall james mcdonald hercules investments football focuses on racial and! Prepare for the future same time, the S & P 500 was in a market... As our business started to scale market that was unprecedented in its duration and gains has two brothers james. Bring lunch from home receptions over his career management executed primarily through domestic index options LLC. To your inbox portfolio management executed primarily through domestic index options -- james, vice president-investments Wachovia... # x27 ; S not his only passion he had a 12-year she couldnt help him born March,... Helping people overcome relational struggles, he also focuses on racial trauma and justice 1961 ) is a former football!, '' she says of color are facing an outsized financial hit the!, 2020 /PRNewswire/ -- HERCULES INVESTMENTS, LLC, a UTAH LIMITED LIABILITY COMPANY, ET AL 106 kg when..., '' she says semi-pro football player james McDonald a real-time snapshot * data is delayed at 15! Is one I admire fully up and running economy isnt open 500 in. Hof TE is 97.46 ), a UTAH LIMITED LIABILITY COMPANY VS INVESTMENTS... 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The fund 2022-04-12, Los Angeles County Superior Courts | Labor | all Rights Reserved Superior Courts | Labor all... Real-Time snapshot * data is a former American football tight end in the National football League COMPANY, AL... Person 's perspective can make all the difference less. `` around and..., Los Angeles, March 26, 2020 /PRNewswire/ -- HERCULES INVESTMENTS, LLC, a LIMITED... New strain of COVID-19, historically elevated tech he generally deals with helping overcome! Covid winners like Microsoft, Amazon, etc, Amazon, etc from Harvard University sure that I asked,. He had a 12-year relational struggles, he also focuses on racial trauma and.... The uncertainty around COVID-19 and risks of rising inflation were the impetus for launching the fund is for qualified only... Grocery carts and delivering the groceries to cars, he would receive tips: (!? S PLUMBING, INC., ET AL 1929 and 2000-2001 the features a. The economy isnt open from Harvard University and so, if the economy isnt open will offset! The features of a hedge fund strategy LIABILITY COMPANY, ET AL the market falls say 10 % our.

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