Category Archives: Businessman

Paul Mampilly Shares A Cautionary Tale About Bubble And Bitcoin

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Many people agree that Bitcoin is in a historic bubble. One financial expert and investor, Paul Mampilly, says that he’s seen a number of bubbles during his time, unfortunately taking part in a few of them, but nothing approaches what has been happening with Bitcoin and, to some degree, the other cryptocurrencies. Paul Mampilly was a Wall Street hedge fund manager for many years and his professional opinion is that it’s just a matter of when the bubble will burst and the values will come crashing to earth, not a matter of if.

As an example, Paul Mampilly points to the crash that occurred in 2000 and 2001. Prior to that, in 1999, pretty much every investor saw tech stocks as going absolutely nowhere but up, forever. He had a good friend named Tess who was investing everything in tech stocks. She was really excited because some of them were up by 1000% or more. Even companies that had been established long ago, like Qualcomm Inc, had their stock going nuts. Tech companies that were losing money, not making it, were also shooting up in value.

Around this time Paul Mampilly could see that everyone had lost their minds. He pulled everything he had out. He also advised his friends, such as Tess, that the tech bubble couldn’t possibly last. They scoffed at him and kept putting more and more money into the market. Eventually, as was really inevitable, the crash occurred wiped out the value of entire companies. Some people, like Tess, lost everything she had.

This serves as a cautionary tale that when everyone starts racing to invest in one thing, like Bitcoin, mania takes over. Eventually, the market for them runs out of buyers and when that happens the value drops fast and it drops hard. Whoever is the last one holding the bag will end up paying the price and no one knows who that is until after it happens.

Paul Mampilly took an early retirement from Wall Street because the lifestyle is too extreme and the only people getting wealthy or those who already are. Tired of this, he moved to North Carolina and started publishing a newsletter he named Profits Unlimited. He shares his views in this newsletter on what company’s will outperform according to his research. He lets his readers know when to buy and when to sell stocks so that they can save for their financial goals, like retirement.

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General Contracting, Home Repair & Aloha Construction

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The state of Illinois and Southern Wisconsin have one thing in common. That one thing just so happens to be that they’re both being served by Aloha Construction, which is a leader in home repair renovations. The company is located in Lake Zurich, Illinois, and it has been around since 2008. Thanks to its brilliant success, this company now has a satellite office in Bloomingdale, Illinois. As of today, Aloha Construction has completed more than 18,000 projects throughout this extensive area. This includes the municipalities of:

  • Lake Zurich
  • Peoria
  • Washington
  • Libertyville
  • Tazewell
  • Hoffman Estates
  • Round Lake Beach
  • Lake Villa
  • Morton
  • And many other places

This team of exception personnel will respect your property, and it will cater to what your home actually needs. There are copious amounts of positive reviews from the thousands of customers. Some of the reviews have stated that “the team is quick and efficient,” and that “we strongly recommend (AC) to all of our family and friends.” The company was started back in 2008, and it has stuck with its very own principles. Being able to build strong relationships is something that the team values the most.

Aloha Construction has a solid reputation of success. The company’s a member of the Building Trades Association, the National Roofing Contractors Association as well as the Chicago Roofing Contractors Association. To add some insult to injury, this team of professionals have received industrial certification from the (BBB) Better Business Bureau. There are more than 250 employees with this company and all of them have gone through vigorous home improvement training. Vinyl siding is another popular option for homeowners, but if it’s not properly maintained, it can turn into an eye-sore. If this is the case, then Aloha Construction can handle the job because it will repair, replace and expertly install the material in the most efficient way.

Key Points from Adam Milstein’s Interview with the JTA

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The Israeli-American Council’s annual conference is held this month, and in the days leading up to it the Jewish Telegraphic Agency (JTA) caught up with Chairman and President of the IAC, Adam Milstein. Milstein has spent many years in both Israel, his home country and America, and one thing he’s been working on is helping Jewish Americans understand more about the nation of Israel, but also helping Israelis in Israel understand a little more about their Jewish American counterparts. His two main foundations at the Milstein Family Foundation and the IAC have put out quite a bit of information about the cultures.

One thing Adam Milstein said is that there are actually three different groups at work within the bridge between the Jewish community of America and the nation of Israel, and that third group is those who’ve come from Israel after it was established in 1948. They’ve been looked at as rejects by Israelis back home, and also couldn’t quite fit into the already established Jewish American community of America. What he has done through the Milstein Family Foundation is to help this group find their identity in the US, extend their hand to the Jewish community and thereby help forge ties through philanthropy and educating people about the state of Israel. And he’s also helped Jewish Americans understand better why Israel’s citizens do what they do politically, and also helps Israelis better understand where American Jews are coming from. The Milsteins have even sponsored trips for young Jewish Americans to see life in Israel. To know more about him click here.

Adam Milstein and his wife established their foundation back in 2000. They had met back in the 1970s while Adam was serving Israel during the Yom Kippur War, and after being married and Adam’s completion of his bachelor’s at the Technion, the Milsteins relocated to the US and started a real estate company known as Hager Pacific Properties. As part of their endeavors to connect with American Israelis and the Jewish Community, they sponsored cultural events and also have had a Hebrew learning program to teach families about. They also have started pro-Israel video creation competitions through the StandWithUs Foundation.