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Investment Success

Entrepreneur and Hotelier- Chris Burch

Posted by eastcoop on

Chris Burch has largely invested in the hotel and the hospitality industry. Mr. Burch has invested in brands which have become very popular in the world including Tory Burch, Voss Water, Jawbone as well as Faena Hotel and Universe. Chris Burch has a passion for the hotel and hospitality industry and in 2012 he made another investment by purchasing a resort in Sumba an Indonesian Island. Chris used about $30 million to renovate the deserted Island resort. The resort has become a popular destination for tourists all over the world, and in two in a row, it was named the best hotel in the world by Travel +Leisure magazine.

Burch named the hotel Nihi Sumba Island. The Island is constructed on an exciting scenario, with white sand, visitors and tourists visiting the resort are assured of enough privacy. The Nihi Burch Island can be described as “On the Edge of Wilderness” because of its epicurean toughness and its dedication to freedom of geographic expedition. The resort digital team has given the website a unique name and every person visiting the website either to check the hotel or even make bookings they first know that they are taking a vacation with a purpose.

Nihi Resort is located on an ancient building believed to have been constructed in 1988. The building would later be abandoned and reconstructed by the prominent entrepreneur Chris Burch. The people of the region believe that after the building was deserted it was being protected by the Marapu spirit which is part of the Sumbanese, the spirit according to the residents still lives in the Island. The hotel has 27 private villas each with a pool, and it indicates the luxurious energy of the resort. At Nihi Resort Island each room has a minibar stocked with all kinds of beer and drinks.

Chris Burch is a successful entrepreneur not only in the hospitality and the hotel industry. Mr. Chris is the founder and the Chief Executive Officer of Burch Creative Capital. Apart from founding the capital group, Mr. Burch is also the co-founder of Tory Burch and Luxury Fashion Brand. Chris Burch has knowledge in branding and he uses the skills to manage his businesses which are of a broad range including technology, hospitality, financial as well as consumer products. He has been in the investment industry for over 40 years and has invested in more than 50 companies, see bjtonline.com.

More of Burch’s business ventures on https://www.entrepreneur.com/article/222766

Businessman/Entrepreneur/Business/CEO

Sahm Adrangi Says St. Joe is Overvalued

Posted by eastcoop on

When it comes to investing, Sahm Adrangi has a knack for investing in bad companies and making a fortune from it. Short-selling is a risky process, but when done properly by investment professionals like Sahm Adrangi, it can really pay off and it has greatly for his company Kerrisdale Capital Management. In recent years, they have pointed out the inconsistencies and shortcomings of several different companies whose stocks did eventually crash when their practices came out in the open. In some cases, the businesses ended up facing legal troubles for their dishonest ways of practicing business.

St. Joe Co. is one of the newest subjects of Sahm Adrangi’s financial research. The company came under his radar when he noticed that their $1 billion valuations just didn’t make sense. The land developer located in Florida was promising big things in the works for a large area of land in land-locked central Florida. The proposed master plan retirement community was supposed to be a destination for the elderly complete with businesses that will cater to their needs and homes. The location is also isolated from most of the amenities that Florida is so famous for, and it’s been in development for over 10 years with almost no progress being made in that time.

When Kerrisdale and Sahm Adrangi researched the actions being taken with the city like permits and other inquiries of that nature, it was found that basically nothing was happening. Even if the development was on schedule and didn’t have deadlines that were constantly being pushed back, their goals are rather lofty. Their large valuations are assuming that the community would be the most popular in the United States. This doesn’t just seem unlikely to Sahm Adrangi, it seems next to impossible as there are many different factors that would make this very difficult to achieve beyond the desolate swampland being built on. Sahm Adrangi believes that the company has been overhyped to investors and isn’t worth nearly as much as they are insisting.

https://www.benzinga.com/topic/sahm-adrangi