

Business
Hedge Fund Manager Gives Advice to Those Thinking About Trading Stocks on RobinHood
“There are three levels when it comes to this: Investing, Speculating, and Gambling.”
Robin Hood, GameStop, and hedge funds are all in the news lately, aren’t they? People have made millions and hedge funds have lost billions and the question for many people is, can I still get in the game?
PolitiCrossing reached out to Joel Block of BullsEye Capital, a California-based hedge fund manager and Venture Capitalist and asked him what he thinks about all of this and whether or not the “little guy” should get involved.
He says that when you are dealing with stocks, there are three levels when it comes to this: Investing, speculating, and gambling. He makes a pretty compelling argument that this specific instance is gambling and how the little guy is going to be left holding the bag. Check it out and comment below about what you think of the video:
Trending on PolitiCrossing.com: Tucker: Where’s the Christian concern?
Joel Block is a futurist and longtime venture capitalist/hedge fund manager (gobbledygook for professional investor) who lives in a Shark Tank world like on TV. Since selling his publishing company to a Fortune 500, Joel’s keynotes expose Wall Street insights and the inside track on high-velocity innovation for better, faster, and smarter profits – empowering business executives and their teams to “Disrupt Their Competitors’ Future.” He can be found at BullseyeCap.com.
More about Hedge funds from Wikipedia:
A hedge fund is a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction and risk management techniques to improve performance, such as short selling, leverage, and derivatives. Financial regulators generally restrict hedge fund marketing except to institutional investors, high net worth individuals and others who are considered sufficiently sophisticated.
Hedge funds are regarded as alternative investments. Their ability to make more extensive use of leverage and more complex investment techniques distinguishes them from regulated investment funds available to the retail market, such as mutual funds and ETFs. They are also considered distinct from private-equity funds and other similar closed-end funds, as hedge funds generally invest in relatively liquid assets and are generally open-ended, meaning that they allow investors to invest and withdraw capital periodically based on the fund’s net asset value, whereas private-equity funds generally invest in illiquid assets and only return capital after a number of years. However, other than a fund’s regulatory status there are no formal or fixed definitions of fund types, and so there are different views of what can constitute a “hedge fund.”
Although hedge funds are not subject to many restrictions that apply to regulated funds, regulations were passed in the United States and Europe following the financial crisis of 2007–2008 with the intention of increasing government oversight of hedge funds and eliminating certain regulatory gaps.
Although most modern hedge funds are able to employ a wide variety of financial instruments and risk management techniques, they can be very different from each other with respect to their strategies, risks, volatility and expected return profile. It is common for hedge fund investment strategies to aim to achieve a positive return on investment regardless of whether markets are rising or falling (“absolute return”). Although hedge funds can be considered risky investments, the expected returns of some hedge fund strategies are less volatile than those of retail funds with high exposure to stock markets, because of the use of hedging techniques.
A hedge fund typically pays its investment manager a management fee (for example, 2% (annualized) of the net asset value of the fund), and a performance fee (for example, 20% of the increase in the fund’s net asset value during a year).
Hedge funds have existed for many decades, and have become increasingly popular. They have now grown to be a substantial fraction of the asset management industry, with assets totaling around $3.2 trillion as of 2018. Some hedge fund managers had several billion dollars of assets under management.
We'd love to hear your thoughts about this article. Please take a minute to share them in the comment section by clicking here. Or carry the conversation over on your favorite social network by clicking one of the share buttons below.
Join the conversation!
We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. Thank you for partnering with us to maintain fruitful conversation.
Business
Productivity in Flight
You can handle so much in the air that you’ll have less to do going forward
When you are flying and told to put your cell phone in airplane mode, you might think that your productivity will suffer. However, when I turn on my email function and dictate into the phone, even surrounded by the heavy airplane noise, my cell phone, an Android model, works well with few transcription errors.
This particular article was written at 35,000 feet. I was in airplane mode at the time, with all kinds of sounds around me. Yet the phone faithfully recorded my dictated words.
If I have notes with me, and enough time on the flight, I’ll be able to dash off three or four articles in one sitting. Chances are you have the same capability.
Trending on PolitiCrossing.com: Tucker: Where’s the Christian concern?
Maybe you’re not writing articles per se, but you could be creating future blog entries, making notes to your staff or to your boss, or writing messages that you’ll send to friends and relatives. So what if you can’t send them at the moment that you finished dictating? You’ll be landing soon enough, and you’ll have the capabilities to resume sending and receiving email. Then, bingo! You’ve handled so much in the air that now you have less to do going forward.
– – – – –
Business
The Cancel Culture at Artspace in Raleigh, North Carolina
Making a federal case out of a 20 second, honest mistake
American Thinker — The USA, the land of the free and home of the brave. With its weaponized DoJ and FBI, are we truly free? And what about tyranny at the state level? As part of their pro-LGBTQ+ agenda, the House Democrat Party in Michigan has passed a law to fine or incarcerate residents using the wrong pronouns in addressing another person.
The bill, HB 4474, criminalizes making somebody “feel threatened” by terminology including employing the wrong pronouns. The proposed legislation would replace the current Ethnic Intimidation Act. If enacted, it will be a felony hate crime in Michigan, with up to five years in prison or a $10,000 fine, for causing protected classes to “feel terrorized, frightened, or threatened,” regarding gender identity or sexual orientation.
I Am a Fugitive from Justice
I am blessed to reside in North Carolina, not Michigan, where my recent crime is not yet a felony. My letter, directly below, to the Artspace Board of Directors and, below that, the correspondence leading up to my letter, spell out the grievous sin for which I am guilty! As you will see, clearly, I am a lost and nonredeemable soul:
Trending on PolitiCrossing.com: Tucker: Where’s the Christian concern?
Greetings Artspace Board Members,
I am a six-year volunteer with Art Space of Raleigh, having started in March of 2014, and serving through March of 2020 until COVID-19 shut us down. I resumed volunteering once the “First Friday” visitors were back in swing.
During my time as a volunteer, I was on site, perhaps 60 to 64 times, missing about 10 First Fridays due to my travel as a professional speaker and cruise ship speaker. My volunteer experience initially included serving wine and beer. I then became the food server for many years. The supervisors, including Mary Kennedy, were glad because I was one of the few who never consumed the Artspace food!
During some First Fridays, I stayed on for a second 3-hour shift, on short notice, when other scheduled volunteers did not appear.
In addition, I served as a volunteer on some weekends during Family Days directing a variety of activities for kids. I also volunteered at the annual benefactors banquet – a black tie affair with lavish hors d’oeuvres and entertainment.
After COVID-19, I was assigned to the education room. During such sessions, parents with children or children on their own would create some type of art or craft. The new supervisor was David, who praised me on several occasions during my nights of volunteering, as I always arrived early, took few breaks, did not require refreshments, and handled crowds of all sizes.
In March 2023, I was a volunteer once again. Then, I was traveling on the first Friday in April and in May, so I was not available again until June. hen I signed up for June weeks later, I saw that my sign-up had been removed. When I re-signed, I was informed by David via email, out of the blue (see below) that I had committed a grievous sin 10 weeks before and could no longer volunteer. Ten weeks.
I have included, verbatim, sequential correspondence between myself and David.
Jeff Davidson
Hi Jeff,
I apologize for not responding to you sooner. I am going to politely ask that you no longer volunteer with Artspace moving forward. We have appreciated your support, but my colleague Danny reported that you used inappropriate language that could’ve made attendees feel uncomfortable while volunteering during March First Friday.
At Artspace, we’re striving to create a space that people from all walks of life can feel comfortable in and we need volunteers who reinforce that culture. Again, thank you for the support but I feel its best if you no longer volunteer with Artspace.
Best, David
Greetings David,
I did not knowingly use any inappropriate language at any time. Before you came on board, I was a volunteer for 6 years every First Friday at Artspace, and was widely acknowledged as an asset on First Fridays.
Now, I hear this kind of accusation. What specific language does Danny have to report? I would be most interested in knowing the specifics as opposed to some general accusation. If you’re going to make an accusation, let me hear what it is.
Jeff,
I’m happy to give you a call later today to discuss. However, as the Director of Community Engagement and the person who manages Artspace’s volunteer program this is my final decision. Please let me know the best time to call you today.
Thank you, David
David,
You can call me anytime {he never did, I had to force a call}, I’m interested knowing a couple of things:
* What does Danny say that I said, verbatim?
* Next, if I happened to say something that he thought was inappropriate, why did he not tell me at the time?
* Why does it take 3 months to find out such news?
* Also, don’t be concerned that I’m going to attempt to continue to be a volunteer.
* Nobody, including me, wants to be around anybody that does not like them.
I received praise from you the times we’ve encountered each other, and now you’ve taken the word of an associate that I’ve done something so terrible that I must be banned forever from Artspace, without even first talking to me about it.
This is leadership?
Jeff Davidson
No News by Phone
On the phone, I could not get him to give me any specifics or even anything of substance, just vague utterance about some terrible faux pas that merited instantly canceling me. So, I called to his boss, who he had not informed. She was surprised because she had seen me many times on the job and knew that I was on asset. To follow up, I sent her the email trail:
Greetings Ms. Jones,
Here is the email trail [all included above] leading to the phone call in which David would tell me nothing and when I attempted to gain any useful information about the alleged faux pas, he hung up on me. In my 20+ years of volunteering for WUNC, the Flower Shuttle, Tunnel to Towers, Cystic Fibrosis, March of Dimes, and the NC Museum of Arts, I have never experienced anything remotely like this.
Thanks for your attention, Jeff Davidson
At the request of his boss, David sent me a formal letter, now adding on other previously unannounced “multiple reports on your inability to follow instructions during volunteer shifts.” You and I have seen this before: someone has a weak case so they throw in more vague, (bogus) assertions to “shore up” their argument. Then, when they stonewall you by phone and you get upset, they throw that in as well.
Case closed: looked at all the infractions!
Dear Jeff,
Thank you for your six years of service to Artspace. Our organization appreciates your continued support over the years assisting with First Fridays and other programs. Unfortunately, we no longer see Artspace’s volunteer program as a good fit for you, and we will no longer need your assistance as a volunteer.
We have come to this decision after we received multiple reports on your inability to follow instructions during volunteer shifts. A staff member reported you made inappropriate comments related to gender in reference to a family visiting Artspace during First Friday on March 3, 2023. Everyone is welcome at Artspace and our staff strives to create a safe space that is welcoming to people of all ages, abilities, genders, and backgrounds. We want to retain volunteers who will reinforce that expectation and respect the culture that has been established.
Not only did your comments make that staff member feel uncomfortable, but dismissive comments related to gender identity could have jeopardized that family’s positive experience at Artspace. The hostile behavior you displayed when confronted about this incident over the phone only further displays that it is time for us to part ways. For those reasons, I am respectfully requesting you no longer volunteer with Artspace moving forward.
We thank you for your service and hope you find success volunteering with another local organization. Please know you are still welcome to visit Artspace and attend our community programs.
David,
Multiple reasons? Hardly. Thanks for your continued non-explanation. If you’re referring to the two little kids, dressed in bright colors, with long flowing hair, giggling at the back table for over an hour, who I mistook as girls, it was an honest mistake that anyone could have made. There was zero malice on my part. I was seeking to help them with their art project, as all other youths required, roughly, only 30 to 40 minutes.
I said to them, verbatim, “Ladies, can I help?” They had been unsupervised for at least an hour, and then a parent, apparently their parent, seated nearby said, “They’re boys.” I immediately told them I was sorry for their error. Not the world’s worst offense, and highly likely not the first time someone has erred in relation to them.
I then went immediately to Danny and asked him about the two youths and he said they were boys. I told him that I had mistook them. That is the whole incident.
You, David, apparently want to make this a federal case, and make defamatory statements as if I’m some type of troglodyte with a history of bad behavior. I strongly sense that you were looking for a way to depose me as part your personal brand of cancel culture.
As for the phone conversation, you were intentionally vague and unresponsive when I had a legitimate right to know what I had done that was worthy of your punishment. I asked for any type of detail and you offered next to nothing. And you kept accusing me of pressing you, and then you hung up on me. Even now, it has taken several more weeks to get any kind of information from you and I had to go to your supervisor, at that.
For shame, David.
Cancellation Celebrations!
And that, folks, is how cancel culture, the cancer that it is, now lingers at Artspace in Raleigh, North Carolina. Who will be the next in line?
I have laid bare my first cancellation experience and the grievous sin I have committed. Can you find it in your heart to forgive me?
– – – – –
-
Life2 weeks ago
12 Things I have Learned that Could Benefit Others
-
Elections2 weeks ago
DO YOU EVEN RECOGNIZE AMERICA TODAY?
-
Elections1 week ago
Lawfare, Coercion, and Intimidation at the U.S Department of Injustice
-
News1 week ago
Biden and the Democrats Are Turning America into a Police State
-
Life6 days ago
Your Days Do Not Have to Race By
-
Tucker Carlson1 day ago
Tucker: Where’s the Christian concern?
-
News1 day ago
Indictment of the Democrats