Jacob G. Visium was born and raised in Brooklyn, New York. He was a great fan of baseball and worked hard trading baseball cards in his younger days. While he was still in 7th grade, he won a contest where he was required to pick stocks. His father was so impressed that he arranged for him to have an investment trading account. He also earned entrepreneurial experience buying supplies from a grocery shop and selling drinks to golfers in a nearby golf course to thirsty golfers.
Jacob G. Visium is the CFA, MD, PRMIA. He managed to earn his Chartered Financial Analyst at the Association for Investment Management and Research in 2001. He got his Bachelor’s of Arts Degree in Economics at Brown University in Providence, Rhode Island. He went to New York University Medical School and was able to graduate magna cum laude receiving his Doctor of Medicine degree. Jacob did his medical internship in New York City at St. Vincent’s Hospital in New York. He would later quit medicine after growing a fascination in the stock market and his dream of being a financial pundit.
He served his tenure as the Chief Investment Officer and Managing Partner at an organization he established in 2005 called Visium Asset Management, LLC. Before the creation of Visium Asset Management, Jacob Gottlieb was at Balyasny Asset Management as a founding member. He thrived at Merlin Financial as an investment portfolio manager in London before joining Balyasny Asset Management. He was formerly associated with Sanford C. Bernstein and Co. as a buy-side analyst.
His philanthropy sees him helping his communities in various organizations, one being Robin Hood with a mission of improving living standards for 1.8 million New Yorkers. This organization, based in New York, is the City’s most prominent poverty-fighting organization. It provides real estate, management, and financial support to 200 of the best nonprofit organizations.
They strive to reduce the opportunities barriers for almost half a million New York residents. Ranging from keeping over 200,000 residents in New York from starving, assisting nearly 11,000 off the streets, to supporting well over 10,000 of them landing jobs. Although the organization is mostly focused on New York, their impacts are felt past the borders of New York City.Apart from the poverty-fighting, Robin Hood charity situated in New York, he is also active in organizations such as Math for America and the nonprofit Covenant House engaging with homeless children.
What happens when a billionaire’s capital meets the will to improve the world?
A simple way to answer this question would be – George Soros. In reality, this individual is the epitome of a mix of wealth and willingness to do whatever it takes to help people around the world. Up to this point, he has given up approximately $14 billion of his fortune to help his charity organization “Open Society”. Since its establishment, the main goal was to aid people who have been affected by natural disasters, inequalities, or any other social norms that put them in a place without prosperity.
What happens when mainstream media gets a hold of George Soros?
Usually, not many good things come out of such a combination. Over his career, Soros has been labeled as the man who broke the bank of Britain. This came after Britain’s currency was shortened by Soros and many other investors who weakened it to a point of delisting from European Currency Exchange.
More controversially, Soros has been connected to a lot of modern-day, United States-based events that portray him as the person in charge of the trending protests. For example, when a notable football player Kaepernick started the protests against the national anthem, there was a lot of individuals who placed Soros in the back of the picture. The main reason that there are large groups who would believe such a thing is the fact that Soros supported the Democratic establishment throughout the election of 2016.
After Democrats lost to their Republican opponents, a lot of GOP members started pin-pointing to this successful investor as the main reason why the country is not running properly. Consequently, the mainstream media has held him accountable for things like conspiracy and trying to sabotage officials in high positions so that he can have his personal agenda. Nevertheless, there is no tangible proof about any of those allegations.
The New Endeavors
Even though Soros could have an entire full-time job having to deal with critics of his imagined efforts, he dedicates his time to causes worthy of it. For example, the new donation comes as a form of help for millions of people around the world and Soros has left enough money to make it last long after he is gone. This somewhat makes the entire donation appear as if it is a will where the majority of his net worth stays behind to be given to a lot of individuals across the world.
Regardless of such a noble gesture, there are many people who are looking for ideas that would contradict such an act of kindness. Some individuals claim that Soros will not dare actually donate so much money until maybe even later in his life. The past proves this saying otherwise, however, as Soros has indeed donated a lot of money to charities of his choice and went as far as to create an organization of his own. This is why it is to be expected to see great things fro his latest contribution.
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