A Sit-Down With James Dondero to Discuss the World of Stock Options and the Market Overall
James Dondero is someone who has made a living out of helping people with their stock options. He has helped on a corporate level. He has helped people who are out there making a normal everyday living.
We sat down to talk to him recently. We discussed a number of topics, including some tips for those seeking to make a better return on their investment. Here is what he had to say.
“Personally, I feel that people need to take their ever day lifestyle into account. Too many people looking to get into the stock market tend to skate over their lifestyle choices. They tend to overemphasize other areas and not pay much attention to this”.
“What sort of risk are you looking to take? This is one of the first questions I ask clients. Some are okay with taking a big risk. Others want to stay low key about their choices. Each client needs to take this into consideration. Those who are more conservative are not going to do well with an aggressive market. They will freak out and run. Same goes for those who like aggressive markets. Staying low key and conservative is going to be boring for them”.
James then went on to discuss the concept of emotions and how they should stay out of stock market deals.
“Let me say this. Emotions should be checked at the door anytime a person wants to play the stock market. This goes for both simple and complex transactions. Emotions can play nasty tricks on a person. They can make you feel as though you are making a good choice. Emotions tend to manipulate us. We buy into these tricks all the time. Think of the scene in Star Wars when Yoda tells Anakin to not let his emotions betray him. It is the same logic and principle. Then, Anakin goes ahead and does it anyway. Clients end up doing the same thing. It is very telling”.
“As long as clients are open to what I have to tell them and want honesty, we will get along fine”.
Scott Rocklage presently works for 5AM Ventures as a managing partner. He was offered the position by the company in 2004, but he joined it in 2003 as a partner. Rocklage has been working in the healthcare administration sector for more than 20 years, and this has helped him to gain sufficient experience. He has a Ph.D. in chemistry and has assisted the company in developing various drugs, which include Teslascan®, Omniscan™, and Cubicin®. The FDA has approved all these medicines.
Dr. Scott Rocklage had worked for various enterprises before he was offered a job at 5AM Ventures. He served as the CEO and chairperson of Cubist Pharmaceuticals, the president, chairman, and CEO of Nycomed Interventional, as well as the CEO and president of Nycomed Salutar. He was offered various research and development ranks when he was an employee of Catalytica and Salutar.
The doctor is also a board chairman at various organizations, and they include Relypsa, Semprus, and Achaogen. He sits on the board of Whitehead Institute, WaveRx, as well as Pulmatrix and Variation. Scotts studied at the University of California-Berkeley, and he graduated with Bachelor of Science Chemistry. He was then awarded a Chemistry Ph.D. from the Massachusetts Institute of Technology, which is located in Waltham.
5AM Ventures is a well-established capital firm that has been committed to developing top-notch science companies that can offer the best returns to its investors. It funds enterprises that address healthcare problems by providing outstanding innovations in science and medicine. The firms that it has invested in are devoted to finding new means that can be used in diagnosing, preventing, and treating different medical problems.
The board members of the company are directly involved in its activities by being in charge of various short-term roles. The firm is also accountable to investors who support it, and it strives to ensure that they receive significant profits. 5AM Ventures operates in areas such as Boston, San Francisco, California, and Massachusetts. The firm works with a broad range of enterprises that are in the healthcare sector. It has been teaming up with companies from the time that they are founded, and it helps them to grow into profitable businesses.