Category Archives: Beating the Odds

Kyle Bass: Investment Genius, or Investment Flop?

In 2008, According to Kyle Bass predicted the subprime mortgage crisis with seemingly supernatural accuracy, making him a superstar in the investment industry. His accurate prediction also earned him international recognition. However, time would make the financial world reconsider their view of Kyle Bass.

While making serval television appearances, and providing so-called “guidance”, Bass’s Dallas-based fund, Hayman Capital Management, continues to demonstrate a poor performance record. In addition to making some questionable investment choices, Bass also has made some questionable alliances. Cristina Fernandez de Kirchner has basically destroyed the economy of her country, Argentina. She is considered to be primarily responsible for her country defaulting on a debt for the second time within a thirteen-year period. However, Basses defense of Kirchner should come as no surprise. The BBC has stated that Bass has a good relationship with Kirchner and has continually defended her questionable economic policies. Bass has went as far as calling Paul Singer of Elliot Management “immoral” and that he and his organization were “holding poor countries as hostages” when New York Judge Thomas Griesa ruled that Argentina had to repay the creditor in full, unlike the other creditors that settled for smaller amounts.

And let’s not forget about his association with Eric Spangenberg. Together, Bass and Spangenberg would short-sell the stocks of certain pharmaceutical firms, then challenge one, or more, of the firms’ patents under the Coalition for Affordable Drugs, which had been established by Bass himself and resulting in a nice profit, for Bass.

The questionable acts of Kyle Bass don’t end there. In order to make good on his investments into General Motors, he went and tried to shift the blame of faulty airbags and power steering units onto the drivers of the vehicles, while on television; making accusations that the drivers had to have failed to wear their seatbelts, or had been drunk. I guess morality evades you when you are labeled a financial genius. It seems Kyle Bass has no moral issues when it comes to making a buck.

North American Spine’s Revolutionary New Spinal Treatment Coming to the Las Vegas Area

On October 22, 2015, North American Spine announced through PR Newswire that they would be expanding their services to Las Vegas through a partnership with Dr. Satish Sharma. North American Spine is the exclusive provider of a revolutionary, less-traumatic treatment for chronic back pain called the AccuraScope Procedure. Their highly-trained physicians use tiny incisions and a thin endoscope with a camera and laser to diagnose and treat problem areas along the spine, allowing relief of back pain in a minimally invasive way. The procedure takes less than 45 minutes and has an 82% success rate. More than 8000 procedures have been performed to date, saving each patient an average of $23,190 in the 5 years following treatment by reducing the need for other medical interventions.

Only spinal experts with specialty training in orthopedic spine surgery, neurosurgery, or pain management interventions are certified to perform the AccuraScope procedure. The new partnership between North American Spine and Dr. Sharma will make the AccuraScope Procedure available to patients at the Red Rock Surgery Center in Las Vegas, with post-op consultation available at the Advanced Pain Management Center. Dr. Sharma is a highly qualified Anesthesiology and Pain Management physician who started at the Advanced Pain Management Center in 2006 after several years of practice. Originally from Rajasthan, India, he completed residency at Western Pennsylvania Hospital in Pittsburgh, and a fellowship on pain management at Allegheny General Hospital. A diplomat of the American Board of Anesthesiology, he is well- qualified to begin offering management plans for those who suffer chronic back pain due to a myriad of disorders or complications. In a statement to the press, originally released by PRNewswire, he stated, “Our goal is to provide a modern approach to pain management in a comfortable setting. We want to work with patients to help control pain and regain control of their life.”

Considering how they’ve worked to improve the local Dallas community, by holding several events to help out the children, it’s exciting to see what they can bring to another major city.

Rescued Victims Recognize their Dream of Being able to Graduate High School

Gina DeJesus and Amanda Berry went through an ordeal that many cannot fathom. The two were kidnapped when they were teenagers and held in the same home together for 10 years before they were found and rescued. Gina was taken when she was 14-years-old and still in middle school. Amanda was almost 17-years-old and still in high school. Those girls lost major parts of their lives that many people take for granite, including graduating high school.

Gina and Amanda finally got to recognize their dream of being high school graduates this year. The two donned white caps and gowns and were given diplomas by John Marshall High School in their hometown of Cleveland. Before being taken, Amanda had dreamed of finishing high school and moving on to attend college. Now she finally can achieve that goal. The two were proud to accept their honorary diplomas as the crowd cheered them on.

Gina and Amanda have co-authored a book together that has become a New York Times Best Seller about their 10 year ordeal states publisher Kevin Seawright of Cleveland. The book, “Hope: A Memoir of Survival in Cleveland”, has stayed on the best-seller list since it came out last month.

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