Moris Beracha

By Moris Beracha – Richard Nixon’s dream of freeing the US from dependence on foreign oil since the 70s came to pass almost 40 years after and paradoxically that merit – unexpectedly – goes to a democratic president such as Barack Obama, who must enjoy that certain degree of autonomy thanks to the development of shale oil.

Moris Beracha Celistics Holdings

A lot has been said about shale oil, about how it has succeeded in increasing production in the US: an increase of 141% (more than doubled) in 7 years from 3.9 million to more than 9.4 million barrels a day between September 2008 and the beginning of 2015.

Moris Beracha Celistics Holdings

It is also mentioned the fact that pure competition is what dominates because we are no longer talking about large transnational corporations, the seven sisters in the 60s or 70s that agreed on market sharing and fixing a similar price, but neither is there state intervention nor public companies. There are simply hundreds of private smaller and medium-sized companies that were born in many cases as business initiatives.

Moris Beracha Celistics Holdings

However, there is little mention of which financial mechanism has been used. The vast majority did not have the choice of traditional banking or the intervention of a highly important capitalist to engage in an activity which at the beginning was the subject of doubts, risks, and environmental criticisms. Also, even the cinema joined that campaign with the movie “Promised Land”, starring and financed by Matt Damon.

Moris Beracha Celistics Holdings

Where did part of the money come from? There was the choice of capital market, issued shares, but the resource was inadequate and it is when it is forged the alliance between those small or medium-sized companies of shale oil and shale gas, which found the financial alternative in private equity.

Moris Beracha Celistics Holdings

In this regard, I tell you that we had the opportunity of reading an interesting study carried out by the firm EY at the beginning of 2016 where – despite low oil prices reported at that moment – the participation rate in private equity, shale oil, and shale gas became a way of capitalizing on opportunities.

Moris Beracha Celistics Holdings

This survey conducted by EY collected the answers of 100 executives of private equity that have invested in projects of shale and the conclusions for 2017 are clear and encouraging: “The expectation is that 2017 will be the year of recovery and oil companies as well as private equity will be competing for asset quality” and “looking to the future, most of the respondents foresee that private equity will play a vital role in oil money and shale gas.”

Moris Beracha Celistics Holdings

What are the advantages? They are simply in the fact that private equity – according to the respondents – provides immediate short term financing at a flexible interest rate, which was demonstrated when oil prices fell and traditional bank loans were closed for small or medium-sized companies.

Moris Beracha Celistics Holdings

I would like to mention some data of that survey that can be downloaded on the EY website www.ey.com. For example, the question: What are the two main engines of Private Equity activity in oil and gas industry? was answered by 64% of the executives who have had a positive assessment of the assets of oil and gas companies despite the pressure of low oil prices and 44% say that they have been the choice in the shortage of company finance traditional sources.

Moris Beracha Celistics Holdings

There is a paragraph that clearly describes why private equity is an option for those small businesses that are seen in US oil and gas industry, even at low prices: “This environment is providing opportunities for astute investors and private equity is striving to discover that silver lining hidden in a depressed price situation of raw materials or commodities”.

Moris Beracha Celistics Holdings

In other world regions we see that there is an effort to emulate that same success and therefore the perception is rather favorable toward similar projects in North America, Asia and Africa. In Latin America, there is a greater restraint on the entrance of private equity but it is revealed that Brazil, Colombia, Mexico and Peru are interested.

Moris Beracha Celistics Holdings

Now, it is good to point out that while private equity takes risks much more than banks or affiliated company traditional investors and likes innovation and new technology as shale oil and shale gas companies have boosted in order to reduce costs, it definitely dislikes political risk.

Moris Beracha Celistics Holdings

Read the original post here.

Moris Beracha Celistics Holdings

Moris Beracha

Moris Beracha Celebrates Three Decades of Industry Experience

Moris Beracha Celistics Holdings

MADRID, SPAIN, November 15, 2017 — Moris Beracha has been included in Marquis Who’s Who. As in all Marquis Who’s Who biographical volumes, individuals profiled are selected on the basis of current reference value. Factors such as position, noteworthy accomplishments, visibility, and prominence in a field are all taken into account during the selection process.

Moris Beracha Celistics Holdings

For the past 30 years, Moris Beracha has excelled in a number of professional positions, most notably as business development chairman of Celistics Holdings, a mobile phone-distribution company for South American markets. Furthermore, he has held a variety of executive roles with Movilway SA, top up of prepaid phones; miriQ, disruptive technology for the telecom world,; Sky Devices, a hardware manufacturer of smart phones at a very low prices, the Hispanopost Media Group, BestInvest Casa de Bolsa, C.A., Inversiones Planina, C.A., and Inmobiliaria Yacambu, C.A.

Moris Beracha Celistics Holdings

Additionally, Moris Beracha established his own investment firm in 1990, Westfalia Investment Inc. with 5 branches in NY and was a very important reference for sovereign debt in the Latam region. Over his years in the field, he has also lent his expertise to numerous investment companies.

Moris Beracha Celistics Holdings

A graduate of the Metropolitan University at Caracas Venezuela, Moris Beracha holds a Master’s degree in his field, which he earned in 1983. Through the years, he has maintained affiliation with a variety of prestigious institutions in order to remain aware of changes in the field, and been recognized many times for his outstanding accomplishments. In the years ahead, Moris Beracha intends to experience the upward movement of his career.

Moris Beracha Celistics Holdings

Moris Beracha

By Moris Beracha – Forbes magazine recently published an article stating that in a survey of 101 family offices with an average asset of around one billion dollars, nine out of 10 respondents said they were investing in Private Equity funds. Likewise, it shows that about 70% of the respondents said to hold placements of between 10% and 20% of the total in investments in Private Equity; while 20% of the family office said they had 20% of their portfolio or more in Private Equity

Moris Beracha Celistics Holdings

What raised my attention the most of the research is that about three out of five of the respondents said that in the next two years have thought of increasing its placements in Private Equity funds.

Moris Beracha Celistics Holdings

There are several definitions of family office, but we could say that this term has to do with the constitution of a private platform that assists the families of high incomes in the administration, organization and maintenance of their assets. At the same time, this platform seeks to achieve scale benefits in terms of purchasing power of new resources as well as in terms of operational efficiency. Many of these family offices are located in the United States, Switzerland and London.

Moris Beracha Celistics Holdings

Why has the Private Equity business model liked so much in this sector? That is the question we must ask ourselves. The answer may lie in the fact that, according to the survey, seven out of ten respondents indicated that the result of their investments in these funds was higher than that they used to get through their traditional investments.

Moris Beracha Celistics Holdings

In the specific case of Spain, I recently read in an article published by the business newspaper Expansión that large family assets were increasing their appetite for the so-called venture capital funds. There are several reasons in the environment that explain this behavior.

Moris Beracha Celistics Holdings

The first is the fact that the financial crisis that hit Europe is already receding and investment is being reactivated. But there is also the fact that low interest rates reduced the returns on other investments that were considered safer; which has encouraged the search for alternative assets to diversify the portfolio and achieve greater profitability.

Moris Beracha Celistics Holdings

A study called The Unicorn Economy: Opportunities for Spain on seed funding, determined that investments in Venture Capital or Private Equity have soared 300% in just two years. 27% of the investment in Venture Capital in Spain comes from public funds; while family offices – also called small investment management agencies – and private investors finance another 25% of the total.

Moris Beracha Celistics Holdings

It is important to take into account when you are part of a family office that the millenium generation may not be interested in managing business as it has been traditionally done. Hence the vision of the patriarch or the matriarch of the family will be fundamental to accommodate new ideas that will surely be at risk.

Moris Beracha Celistics Holdings

In some cases the investment in traditional assets may work but in other cases it may also be positive to use Private Equity as a business model that could increase assets or even contribute to the philanthropic work of the family.

Moris Beracha Celistics Holdings

On this last point I have to say that one must be very careful since an initiative with excellent intentions to influence within society can end up being a financial disaster that could end the main objective.

Moris Beracha Celistics Holdings

Thus, it is essential to understand that when a family office decides to invest in a Private Equity fund, it must have the right staff. To do this, we must develop the expertise or found partnerships, with a highly trained staff that at least minimize the risk of a bad step. A quality management is the only thing that can guarantee a high return. This is fundamental for those family offices that want to continue to exist over time and from generation to generation.

Read the original post here.

Moris Beracha Celistics Holdings

Moris Beracha

By Moris Beracha – Richard Nixon’s dream of freeing the US from dependence on foreign oil since the 70s came to pass almost 40 years after and paradoxically that merit – unexpectedly – goes to a democratic president such as Barack Obama, who must enjoy that certain degree of autonomy thanks to the development of shale oil.

Moris Beracha Celistics Holdings

A lot has been said about shale oil, about how it has succeeded in increasing production in the US: an increase of 141% (more than doubled) in 7 years from 3.9 million to more than 9.4 million barrels a day between September 2008 and the beginning of 2015.

Moris Beracha Celistics Holdings

It is also mentioned the fact that pure competition is what dominates because we are no longer talking about large transnational corporations, the seven sisters in the 60s or 70s that agreed on market sharing and fixing a similar price, but neither is there state intervention nor public companies. There are simply hundreds of private smaller and medium-sized companies that were born in many cases as business initiatives.

Moris Beracha Celistics Holdings

However, there is little mention of which financial mechanism has been used. The vast majority did not have the choice of traditional banking or the intervention of a highly important capitalist to engage in an activity which at the beginning was the subject of doubts, risks, and environmental criticisms. Also, even the cinema joined that campaign with the movie “Promised Land”, starring and financed by Matt Damon.

Moris Beracha Celistics Holdings

Where did part of the money come from? There was the choice of capital market, issued shares, but the resource was inadequate and it is when it is forged the alliance between those small or medium-sized companies of shale oil and shale gas, which found the financial alternative in private equity.

Moris Beracha Celistics Holdings

In this regard, I tell you that we had the opportunity of reading an interesting study carried out by the firm EY at the beginning of 2016 where – despite low oil prices reported at that moment – the participation rate in private equity, shale oil, and shale gas became a way of capitalizing on opportunities.

Moris Beracha Celistics Holdings

This survey conducted by EY collected the answers of 100 executives of private equity that have invested in projects of shale and the conclusions for 2017 are clear and encouraging: “The expectation is that 2017 will be the year of recovery and oil companies as well as private equity will be competing for asset quality” and “looking to the future, most of the respondents foresee that private equity will play a vital role in oil money and shale gas.”

Moris Beracha Celistics Holdings

What are the advantages? They are simply in the fact that private equity – according to the respondents – provides immediate short term financing at a flexible interest rate, which was demonstrated when oil prices fell and traditional bank loans were closed for small or medium-sized companies.

Moris Beracha Celistics Holdings

I would like to mention some data of that survey that can be downloaded on the EY website www.ey.com. For example, the question: What are the two main engines of Private Equity activity in oil and gas industry? was answered by 64% of the executives who have had a positive assessment of the assets of oil and gas companies despite the pressure of low oil prices and 44% say that they have been the choice in the shortage of company finance traditional sources.

Moris Beracha Celistics Holdings

There is a paragraph that clearly describes why private equity is an option for those small businesses that are seen in US oil and gas industry, even at low prices: “This environment is providing opportunities for astute investors and private equity is striving to discover that silver lining hidden in a depressed price situation of raw materials or commodities”.

Moris Beracha Celistics Holdings

In other world regions we see that there is an effort to emulate that same success and therefore the perception is rather favorable toward similar projects in North America, Asia and Africa. In Latin America, there is a greater restraint on the entrance of private equity but it is revealed that Brazil, Colombia, Mexico and Peru are interested.

Moris Beracha Celistics Holdings

Now, it is good to point out that while private equity takes risks much more than banks or affiliated company traditional investors and likes innovation and new technology as shale oil and shale gas companies have boosted in order to reduce costs, it definitely dislikes political risk.

Moris Beracha Celistics Holdings

Read the original post here.

Moris Beracha Celistics Holdings

Moris Beracha

By Moris Beracha – The fall in commodity prices in recent years has been affecting the world economies directly and indirectly. Large investments – in some cases – have had to be redefined and in others they have been more costly than what had been planned

Moris Beracha Celistics Holdings

This external shock in emerging countries has led continents such as Africa to take one step back, a decision that in my opinion does not seem to be the most sensible taking into account the potential that businesses have in that region of the world.

Moris Beracha Celistics Holdings

Fortune magazine was referring a few weeks ago to the 200 million dollar investment that the giant KKR made in Africa in a company of flowers in Ethiopia called Afriflor. Another example was that of Carlyle in Nigeria through a diamond bank, while the company Permira provided resources for a data center called Teraco Data in Sudáfirca.

Moris Beracha Celistics Holdings

However, with the fall in commodity prices some of these deals have been affected because large flows of money have been eroded and for firms it has been difficult to keep businesses afloat.

Moris Beracha Celistics Holdings

A figure that drew my attention was the $ 900 million that were invested in private equity agreements in the first six months of 2016, according to the African Private Equity and Venture Capital Association (AVCA).

Moris Beracha Celistics Holdings

Also, while large acquisitions have been slowed down, small agreements through the private equity model are growing according to AVCA. In fact their statistics show that about 75% of the agreements signed in the first half of this year were below 250 million dollars.

Moris Beracha Celistics Holdings

It was then that I remembered that I recently read information about the European Union’s decision to start a digital Startups investment and financing project through a private equity fund.

Moris Beracha Celistics Holdings

The reason behind this venture is that there is a great shortage of capital in the European market if compared to the United States.

Moris Beracha Celistics Holdings

In total this venture capital fund will handle about 1.6 billion Euros. 25% of these resources will be provided directly by institutions of the European Union, while the remaining three quarters will be provided by private investors.

Moris Beracha Celistics Holdings

I thought then that a model including a venture capital fund can contribute to its continued development in Africa. For me there is no doubt that Private equity is an alternative for investment and the creation of jobs and wealth.

Moris Beracha Celistics Holdings

There are some signs showing that this region of the planet has some strengths that many times are not taken into account. The Foster Swiss report notes that not all countries on the continent are victims of falling commodity prices.

Moris Beracha Celistics Holdings

While Congo, Cameroon, Madagascar, Algeria, Guinea, Zimbabwe, Sudan, Libya, Angola and Nigeria have been the most affected countries, Kenya, Ethiopia, Tanzania, Rwanda, Senegal and Ivory Coast are places where interesting businesses can be made.

Moris Beracha Celistics Holdings

Africa only has natural resources. While the primary sector has guided the growth of the continent in recent years, some countries have diversified their investment in other areas such as research and development. For example, Kenya has gone from spending in this area 0.3% of GDP between 2001 and 2007, to 0.9% in 2015.

Moris Beracha Celistics Holdings

Certainly African exports have fallen by $ 12 billion this year due to the fall in raw materials, but since Foster Swiss believe that they will rise by 30 billion dollars in the coming years. This projection is based on the fact that Africa allocates 27% of its exports to China, which shows that it is an important customer for global development. In addition, African countries have received foreign direct investment between 2005 and 2015 of 2.9% of their GDP, above the average 2.8% of OECD countries. The most attractive were Zambia, Guinea, Uganda and Tanzania, as stated in the Foster Swiss report.

Moris Beracha Celistics Holdings

These are data that show the route of the economies of the region and the potential that must be exploited through initiatives that involve investments. Starting with a startup financed through Private Equity does not seem to be a bad idea if you have a fund that provides not only the knowhow but the resources needed to grow moderately in times of crisis. The idea is that once the tsunami of commodity prices is overcome it is possible to settle in those countries and then think of an expansion.

Moris Beracha Celistics Holdings

Sometimes the great opportunities are to arrive first, we must be patient and take advantage of the cycles of the economy.

Moris Beracha Celistics Holdings

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Moris Beracha Celistics Holdings

Moris Beracha

FASTING: WHEN THE BODY DECIDES TO MEDITATE

By Moris Beracha.- In our Western culture fasting is not usually readily accepted unless it is linked to a religious custom in which it becomes a periodic obligation. At the same time, in a world where human beings make an effort to eat better and consume the correct daily calories, stopping eating is not the most regular or recommended habit by specialists. In fact, there is a certain taboo when it comes to undertake it.

 

Moris Beracha Celistics Holdings

In fact, fasting has been practiced by many cultures and religions since ancient times. The reason for this practice varies depending on the ritual or goal pursued; however it is always seen as purification or cleansing.

Moris Beracha Celistics Holdings

BUT WHAT IS FASTING FOR?

For centuries, the ascetics and mystics have defined the time of fasting since the first light of day appears and continues until the sunset. For these experts, fasting is the meditation of the body.

Moris Beracha Celistics Holdings

The way they explain it is very simple. They assert that just as meditation helps us clear our minds of thoughts, through fasting we empty our bodies of food and experience a new receptivity.

Moris Beracha Celistics Holdings

Generally, the human being consumes about 60% of energy during the digestive process. It is thus logical to think that in some way the body rests when a human being is fasting and it is not necessary to waste energy.

Moris Beracha Celistics Holdings

Spiritual teachers and yogis explain that when the body is empty it can experience in a much simpler way the process of its chakras and observe and feel the energy flows in meditative state and in this way it can reach deep levels of awareness and feel the mind entirely calm, present in the here and now.

Moris Beracha Celistics Holdings

Some studies have even shown that when fasting is undertaken from time to time and only by skipping breakfast the body is detoxified and re-established. They also specify that skipping a meal or practicing complete fasting makes people have a lot more energy.

Moris Beracha Celistics Holdings

MODERATION

Some time ago I read an interview with Reverend Heng Sure, asking him how fasting holds a very significant place in spiritual practice and he replied that certainly fasting in the monastic community is considered an ascetic practice called “Dhutanga”, which means to shake up or invigoration.

Moris Beracha Celistics Holdings

Dhutangas practitioners have a specific list of 13 practices, four of which pertain to food: eating once a day, eating at one sitting, reducing the amount you eat, and eating only the food that you receive at the first seven houses (a ritual related to almsgiving).

Moris Beracha Celistics Holdings

He said that these practices are adopted by individuals voluntarily, as they are not required in the normal course of a Buddhist monastic’s life of practice.

Moris Beracha Celistics Holdings

Sure added that the Buddha, as it is well known, emphasized moderation, the middle way that avoids extremes in all things.

Moris Beracha Celistics Holdings

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Moris Beracha Celistics Holdings

Moris Beracha

The smart charger compatible with Apple and Android: MiriQ Connect.

Moris Beracha Celistics Holdings

The firm MiriQ has just launched its premium product worldwide called Connect, a smart charger which brings together attributes never seen before in a single accessory. Slim, faster, wireless, with a sound amplifier and compatible with Android and Apple, this accessory can be labeled as unique in the market.

Moris Beracha Celistics Holdings

The idea, which came from a small Think Thank, is an inspiration for the new way of doing business in the world of technology, through the financial muscle offered by investment through private equity.

Moris Beracha Celistics Holdings

Connect emerged from an idea of ​​Israeli musician and creative Solo Avital, who realized that it was necessary to find a way to simplify the amount of accessories that are required in the world of mobile phone users. For Solo, it was fundamental -for example- to create a charger compatible with Android or an iPhone.

Moris Beracha Celistics Holdings

But to make this project possible, Solo knocked on several doors in order to get the seed capital that could help him develop the product and several months later he met private equity expert Moris Beracha.

Moris Beracha Celistics Holdings

Moris Beracha, founder of MiriQ, became the strategy director to launch this item and jointly with Solo implemented a plan that included the improvement in design, manufacturing costs and sales strategy.

Moris Beracha Celistics Holdings

This team was joined by Alain Biblowitz and Eddy Silvera, who were always aware that the project must be launched to avoid that a brilliant idea ended up becoming a failure.

Moris Beracha Celistics Holdings

Moris Beracha always insisted that it was necessary to first have clear which idea would be developed and what scope that innovation could have. Knowing the market contributed to the success of the manufacture of this accessory. It was known that cell phone users have new needs every day concerning the innovations rapidly developed by technology.

Moris Beracha Celistics Holdings

With an important investment and the required shareholding, the development costs of Connect were financed. The idea was to create value for the product to ensure the maximization of share value, as well as the value of the shareholders who decided to bet on this idea. In the end, MiriQ has surpassed its expectations and with Connect it takes a step forward in the innovation of cell phone accessories.

Moris Beracha Celistics Holdings

Connect means the end of heavy, slow and large-sized chargers. This original design accessory fits the lifestyle of young people and adults seeking versatility, no wires, simplicity and speed.

Moris Beracha Celistics Holdings

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Moris Beracha Celistics Holdings

Moris Beracha

Moris Beracha Celebrates Three Decades of Industry Experience

Moris Beracha Celistics Holdings

MADRID, SPAIN, November 15, 2017 — Moris Beracha has been included in Marquis Who’s Who. As in all Marquis Who’s Who biographical volumes, individuals profiled are selected on the basis of current reference value. Factors such as position, noteworthy accomplishments, visibility, and prominence in a field are all taken into account during the selection process.

Moris Beracha Celistics Holdings

For the past 30 years, Moris Beracha has excelled in a number of professional positions, most notably as business development chairman of Celistics Holdings, a mobile phone-distribution company for South American markets. Furthermore, he has held a variety of executive roles with Movilway SA, top up of prepaid phones; miriQ, disruptive technology for the telecom world,; Sky Devices, a hardware manufacturer of smart phones at a very low prices, the Hispanopost Media Group, BestInvest Casa de Bolsa, C.A., Inversiones Planina, C.A., and Inmobiliaria Yacambu, C.A.

Moris Beracha Celistics Holdings

Additionally, Moris Beracha established his own investment firm in 1990, Westfalia Investment Inc. with 5 branches in NY and was a very important reference for sovereign debt in the Latam region. Over his years in the field, he has also lent his expertise to numerous investment companies.

Moris Beracha Celistics Holdings

A graduate of the Metropolitan University at Caracas Venezuela, Moris Beracha holds a Master’s degree in his field, which he earned in 1983. Through the years, he has maintained affiliation with a variety of prestigious institutions in order to remain aware of changes in the field, and been recognized many times for his outstanding accomplishments. In the years ahead, Moris Beracha intends to experience the upward movement of his career.

Moris Beracha Celistics Holdings

Moris Beracha

Moris Beracha

Born in 1960 in Caracas, Venezuela, Moris Beracha stayed in his hometown to attend the Universidad Metropolitana, where he studied business administration. As a thesis topic, he researched the potential impact of the new multinational currency in Europe, the euro, on the financial system in Venezuela. Ruth Krivoy, a former president of the Venezuela Central Bank, advised Moris Beracha during this project.

Moris Beracha

Upon graduation in 1983, Moris Beracha sought employment on Wall Street in New York City, and served in the investment industry for the next decade-and-a-half. Over the course of his career, he accepted positions with a variety of companies, including Hispanic News Press, Westfalia Investments S.A., Brown Montgomery Securities, Protinal/Proagro, Bestinvest Casa de Bolsa, Acco Manufacturing C.A., Banco Caracas C.A., Cartonera del Caribe C.A., Corporación Leibe C.A., and Inmobiliaria Yacambu C.A. For some of these companies, he sat on the Board of Directors. Moris Beracha still heads his own investment firm, Fractal Fund Management Group, which he established in 2005 with a team of financial experts formerly employed by Merrill Lynch and UBS.

Moris Beracha

Moris Beracha launched his own mobile phone-distribution company for South American markets in 2007. Named Celistics Holdings Group, Moris Beracha collaborates with his executive team to design strategic business plans that adapt the company’s services to each foreign market.

Moris Beracha

Moris Beracha founded Movilway as a subsidiary of Celistics Holdings Group. Movilway’s services focus on prepaid mobile phone services and banking applications. Now, Moris Beracha is the president of the Moris Beracha Group, a enterprise holding that he founded in 2012.

Moris Beracha

Human beings may only discover themselves by overcoming the obstacles they find along their path… Moris Beracha

Moris Beracha

Moris Beracha

Moris Beracha

The Director of several telecommunications companies, including Celistics Holdings Group and its subsidiary Movilway, Moris Beracha also draws on his more than 20 years of experience in the financial industry to lead the investment firm Fractal Fund Management Group. Co-founded by Moris Beracha in 2005, Fractal Fund Management Group boasts a team of financial experts whose work histories include employment with UBS and Merrill Lynch.

Moris Beracha

Fractal Fund Management Group bases its financial management strategy on the activities of U.S. Treasury bonds and notes. Although the investment of government bonds typically occurs in fixed-income applications, Moris Beracha and his team of analysts offer a variety of strategies. A client may choose between a long-term investment, a combination of long and short positions, butterfly trading, or yield-curve trades. With a short position, the fund manager may decide to sell a borrowed bond if he or she believes its value will decline. Butterfly trading establishes three-strike prices to play a bull and bear spread with the additional options of puts and calls. Yield-curve trading involves investment decisions based on forecasted differences in the yields of various U.S. Treasury bonds and notes.

Moris Beracha

In addition, the experts at Fractal Fund Management Group, under the direction of Moris Beracha, provide clients with liquidity management options, equity-investment opportunities, and alternative investments, such as multi-manager strategies and hedge funds. Fractal Fund Management Group also offers equity options, primarily through value and growth investing. Moris Beracha’s management team applies a due diligence process of analyzing and approving the proposed strategy for any given portfolio. Most funds at Fractal Fund Management Group utilize a lockout period of less than one year in duration.

Moris Beracha

Human beings may only discover themselves by overcoming the obstacles they find along their path… Moris Beracha