Specialization at NIR Group Explained by Corey Ribotsky
The NIR Group, headquartered in Roslyn New York, is a unique investment firm which places it emphasis on specialization. Corey Ribotsky, managing member and head portfolio manager sees the advantages of specialization in the following way:
“We believe at the NIR Group that specialization gives our investors the best road to meeting their goals. Our guiding principle is to adhere to a consistent core strategy and then follow through with it to the greatest extent possible. Each fund we create has a particular strategy in mind, giving each fund the ability to focus on and succeed according to its pre-established core strengths. The idea behind the philosophy of specialization is that it gives our investors at NIR the ability to choose the single strategy that they wish to follow, giving them exactly what they want."
Modell’s Supports the Leukemia & Lymphoma Society
Throughout the month of October, customers of Modell’s, the popular sporting goods store, had the opportunity to save money while at the same time supporting the Leukemia and Lymphoma Society. Modell’s publicized a coupon which gave the user 15% off of their purchase, as well as 5% of the final cost to the Leukemia and Lymphoma Society.
The Leukemia and Lymphoma Society, or LLS, is an organization which is supported by many companies like the NIR Group with Corey Ribotsky. It works to find the cure for blood cancer while supporting patients and their families.
Teaching Kids the Value of Money: Corey Ribotsky
Learning the value of money is a lesson that one is never too young to learn. That’s why it is important to start teaching your children a basic understanding of finance from an early age. Even a child as young as three can learn to distinguish among different coins, as a first step towards learning the value of money – his and yours.
The world of finance can be a bewildering one even for us adults. That’s why finance professionals, like Corey Ribotsky of the NIR Group, play critical roles in guiding people towards the right investments. But that’s no reason to wait until your child has grown up to start teaching him about money. Take your kids to the bank and help them open up savings account. Teach them to save part of their allowances and apply their savings towards a greater goal. Explain the family budget, outlining the different items, and making sure to include an explanation of your donations to charity. Once they are older, you can actually explain the investments you are making to your kids – and take the first step towards developing the financial savvy they will need to manage their money successfully as adults.
Learning about the NIR Group
The General Counsel at the NIR Group, where Corey Ribotsky is a Managing Member, is Yoel Goldfeder. Mr. Goldfeder specializes in PIPE transactions and reverse mergers and he has represented both small and large companies in mergers and acquisitions, joint ventures, and corporate financing. Prior to working with the NIR Group, Mr. Goldfeder was a member of the corporate and securities department of Sichenzia, Ross, Friedman, Ference LLP. He has a law degree from Georgetown University Law Center and a B.A. in Accounting and B.S. in Political Science from Brooklyn College.
Housing Issues & Financial Considerations
For those of us focused on the housing market, this piece is particularly enlightening. As the authors explain, we will need to see a price reduction in order for the housing market to stabilize without government aid.
The author explains that, “Based on Merrill’s estimates the housing market is unlikely to normalize before 2015. The supply/demand imbalance is simply staggering at the current levels and is likely to deteriorate if the economy weakens further.”
Sighting charts and analysis from Merrill Lynch, the article sheds light on the current housing issues. Certainly, these issues are pertinent to those in the financial sphere like Corey Ribotsky and to anyone looking to invest in the housing market or to purchase a private home.
Investments During Deflation: Corey Ribotsky
This interesting piece lays the ground work for the best investments during deflation. Many investment managers are worried about deflation and it’s certainly worthwhile to have a handle on the best investment strategies at such a time. Everyone from fund managers and experts like Corey Ribotsky to the simple private investor can benefit from these astute suggestions.
Investing News with Corey Ribotsky
Here’s an interesting analysis for investors out there. This post tries to explain the low options trading volumes we are seeing at the moment. It’s certainly an interesting analysis of the complete nuance of the stock market and of investment portfolios that is worth a read for anyone in the business, such as Corey Ribotsky of the NIR Group.
As the article ends, he states, “This exacerbates the low options and stock trading volumes, which makes it even more difficult for investors to conclude that this stretch of the tape is decisively bullish, or bearish.”
The Recent European Stress Test
This short piece at CNBC.com offers a concise and articulate analysis of the recent European stress test that banks underwent. As John Carney, Senior Editor at CNBC.com states, “In short, what the stress tests unarguably demonstrated was not that Europe banks are healthy—that’s still arguable—but that regulators view them as healthy and won’t be enforcing any new, drastic rounds of capital raising anytime soon.
They were a test of regulatory forbearance and forbearance won.”
Many investors, from the novice to the experienced managing member like Corey Ribotsky, could find this piece interesting and its advice telling.