Michael Zomber is a well known historian who specializes in antique arms and samurai swords. As well as being a weapons historian he is also a writer, filmmaker and peace activist. He has had a long career collecting and studying weapons and sharing this knowledge to a number of people. Zomber has shared his knowledge about weapons on major media sources such as the History Channel. Along with studying weapons he has often wrote stories about them as well. During his career Michael has written a number of novels and screenplays about the samurai era. As well as writing stories about the samurai era, Zomber made a film through his film company. He also participates in activism in which he looks to help promote peace throughout the world.
One of the Michael’s main passions is collecting weapons. Over the course of four decades he has regularly collected a number of guns from the American Civil War era as well as samurai swords. With this collection he has studied a number of things such as how they are constructed, how they work, their durability and also their effectiveness. With this knowledge he has been able to educate and enlighten a number of people through the media. Zomber has spoken about his weapons knowledge on the History Channel and therefore has established much credibility as a top weapons historian.
While Michael may be a weapons historian he is also involved in another activity that allows him to take advantage of his expertise. This other activity is writing and over the course of his career he has written a number of stories in the form of screenplays and novels. With these stories, Michael has been able to depict events that took place during the historical eras he has studied. These stories are quite interesting and give readers a very detailed perspective on armed conflict during the Japanese samurai era. Along with the screenplays and novels, Michael made a documentary film about this time period in history as well. Therefore Michael Zomber has been able to give many people a very in depth perspective on one of the most intriguing time periods in the world’s history.
Kyle Bass has been proving that he is not the right person to talk to about the investment advice people need because he always seems to be on the edge of his own sanity. He became a rich man when he predicted that loans would fall out in America, but he has since become a celebrity in his own mind. He is using that celebrity to go on TV and talk about things that do not make much sense to economists. The economists that are confused by Kyle Bass know that he is partly right, but they also decry the things he says that are out in left field.
Kyle Bass has been known to say things like China or the US economy will fall, and he has also been known to say that people would be better off trying to fight patents from pharmaceutical companies. This is a very harsh line of thinking, and it gets no one anywhere. However, Kyle Bass knows that it sounds good when he says it on TV or on the radio. He just gives people what they want even if it is not sound advice, and then he keeps doing that because it produces ratings.
The process of investing requires a lot of research and time that Kyle Bass does not put in. He just goes from one crazy idea to another. He knows that he can stir the pot by saying crazy things, and he continues to suggest things that will likely not happen. He will then go back on that opinion in a few months before he moves on to another idea that is just as wild.
Kyle Bass is not the person to listen to when he is giving investment advice. It is very easy for people to invest when they stop listening to him, and they need to do their own research to learn that he is not doing the right things for his listeners. His own hedge fund could fail at any time, and he is still going on TV to be a celebrity. Listening to Kyle Bass is a path to losing money.
Bradley Reifler, the CEO of Forefront Capital, has been making waves in the financial market for the past several years thanks to his in tune focus on the plight of non-accredited investors. These investors are those beholden to not having masses amounts of money behind them as they seek to invest. Reifler has been vocal about his support of these lower threshold earners and now he is taking time to comment on a Hollywood film that presses awfully close to home, “Money Monster”.
“Money Monster” stars George Clooney, a Wall Street mastermind, as he is taken hostage on air by a livid, hurt, and downtrodden investor who saw his life savings stolen from out beneath him by shady investors. The film follows the various twists and turns of a mystery thriller as the cast seeks to unravel just what is going on beneath all of the bedlam. Outside of the fictional world that Hollywood has created, there are some very real problems being faced by small investors. Reifler decided to write up some of the biggest issues that investors face when deciding to get into the financial game.
The first of three major issues that Reifler pointed out for “99% investors” was the problem of fees on Wall Street. Firms charge gigantic fees no matter how large the portfolio or how well performing the portfolio is of their customer. Reifler points out that this makes the brokers wealthy no matter how well they actually do at their job — a very real problem in terms of ethics.
The second issue Reifler pointed out was how accessible investments are to “99%ers”. Non accredited investors, those earning less than $200,000 per year, are limited in a variety of different ways in terms of what investing options they can seek. The government gives accredited investors, the top earners, more perks as a way of implying that they are smarter and better with money.
The final issue for small time investors is the inherent risk of the Stock Market. The Stock Market is volatile and many times it will consume the small savings that these lower earning investors have available to put into the market. This creates an ‘all or nothing’ approach that isn’t conducive to long term earning.
Brad Reifler established Forefront Income Trust as a way to address those 99% of investors that are being left behind by the modern market. He is seeking a way to bring balance to the financial world while helping small time investors leave their mark.