NetWorth Radio Advance Report - April 22, 2019

In this NetWorth Radio Advance Report, Spencer McGowan, President of McGowanGroup Asset Management, delivers financial news and intelligence with insights you can act on for April 22, 2019.

Advance Report

Radio Show

Powerful Interviews

2 powerful interviews this week with founders of successful Texas companies! Insights into business leadership from NetWorth Radio include Houston’s Recurrent portfolio manager Brad Olsen and Dallas’s own Horatio Londsdale-Hands, founder of Buda Juice an amazing and healthy story of growth.
Rebalancing the 401k! We cover our process for updating 401k allocations with the recommendation of a semi annual process refined over 33 years. How can we help? Tune in this week’s fast paced, educational tour of the financial markets.
J.P.Morgan Guide to the Markets – 2Q 2019 (pg 60, 03/31/2019)

JPMorgan2Qtr pg 60
– Courtesy of J.P.Morgan

J.P.Morgan Guide to the Markets – 2Q 2019 (pg 20, 03/31/2019)

JPMorgan2Qtr pg 20
– Courtesy of J.P.Morgan

J.P.Morgan Guide to the Markets – 2Q 2019 (pg 64, 03/31/2019)

JPMorgan2Qtr pg 64
– Courtesy of J.P.Morgan

J.P.Morgan Guide to the Markets – 2Q 2019 (pg 23, 03/31/2019)

JPMorgan2Qtr pg 23
– Courtesy of J.P.Morgan

Pier 1 Imports, Inc. & JC Penney Co, Inc. (12 Years)

– Courtesy of Bloomberg

Redfin Corp. & Zillow Group, Inc. (Approx. 1 Year and 9 Months)

– Courtesy of Bloomberg

Headline Round Up!

*Recession!? Deutsche Bank’s Torsten Slock Says Not for At Least 3 Years. Slowing Growth. Bullish.
*Dallas Update: Record Downtown Number of Sky Scrapers for Sale! Why? What Does a Sky Scraper Cost? What Does Cap Rate Mean?
*Uber Discloses Company May Never Make a Profit?!
*Lyft Dives to New Lows. Can Uber Convince the Market After Losing $1.8 Billion in 2018?
*Retail Ice Age Update: 2019 Already MORE Store Closings Than All of 2018.
*Oil Over $64 This Week!

 

NetWorth Radio Texas Business Leadership series with Recurrent Investment Advisors Brad Olsen, a Houston based energy infrastructure expert with deep insights based upon institutional research.


Prior to co-founding Recurrent, Brad was most recently the lead MLP portfolio manager for BP Capital Fund Advisors (BPCFA). Under Brad’s leadership, MLP AUM more than doubled (excluding the impact of appreciation).
From 2011 to 2015, Brad led Midstream Research for Tudor, Pickering, Holt & Co. (TPH & Co.), where he was recognized as the top all-around stock picker in the US by the Financial Times in 2013, and the top energy stock picker in the US by Starmine in 2014. Under Olsen’s leadership, the TPH & Co. midstream team was recognized in the WSJ’s “Best on the Street” poll as well as by Institutional Investor Magazine.
Brad also has experience as an investment analyst at Eagle Global Advisors in Houston, where he was part of a 3-person team that grew midstream/MLP AUM from $300mm to over $1bn from 2008 through 2011. He has also worked in investment roles at Millennium International, a large global hedge fund, and Strome Investment Management, an energy-focused hedge fund based in Santa Monica, CA. He began his career in the UBS Investment Banking Global Energy Group in Houston.
  • Brad earned a BA in Philosophy, Political Science, and Slavic Studies from Rice University in Houston.
  • Brad resides in Houston with his wife and four children. Brad was nearly fluent in Russian, but is very rusty.

 

NetWorth Radio Texas Business Leadership series continues with Horatio Lonsdale-Hands, the CEO of Buda Juice. An amazing story of nutritional breakthroughs and rapid growth based here in Dallas.


Horatio Lonsdale-Hands
Chairman, CEO and Co-Founder of Buda Juice, LLC.
January 2014 – Present (3 years 1 month) Dallas/Fort Worth Area
Co-founded Buda Juice; a different approach to health and juicing…100% organic (no ‘organic whenever possible’), cold pressed and glass bottled (no chemicals seeping into juice from plastic bottles). Product offering includes cleanse packages and organic juices, milks and soups ‘a la carte’ by the bottle. Bottle exchange credit offered. Market leader in unprocessed juice category.
President
Advance Global Communications
2001 – 2016 (15 years) Dallas, Texas.
Co-founded Advance Global Communications (“AGC”); in 2001 became one of the pioneers in the then new world of VoIP. Built AGC into one of the largest international carriers holding a dominant position in Mexican traffic (largest international market) for past 12 years. AGC has terminated in excess of 16 billion minutes of international traffic to 105 countries and has build up a reputation for providing quality, dependable and unmatched service. Offices and Operations in Dallas, Monterrey and Manila.
Chairman & CEO
ZuZu, Inc.
1989 – 1998 (9 years) Dallas, Texas.
Co-founded ZuZu; From one small restaurant In Dallas, ZuZu became one of Hottest Concepts in restaurant business (Nations Restaurant News) with 100 + company & franchised restaurants in 17 states. ZuZu ‘Handmade Mexican Food’ became first concept credited in the then new niche of “Fast Casual”.. a name I coined in 1995 to differentiate fresh ‘handmade food’ that was delicious and good for you from ‘fast food’.

 

Research Round Up!

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*Must Read! Recession? Bear Market? Nuveen’s Bob Doll Updates His 2019 Predictions.
*Yes the economic boom is historically extended! What do we do now? Alliance Bernstein guides the way.

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