Identifying and Capitalizing on Significant
Opportunities 5-15 Years Before Others

Proved Foresight and Pattern Recognition Over Five Decades

Index Investing Offers Superior Returns (1970)

Worked for Prof. Burt Malkiel at Princeton who pioneered idea, A Random Walk Down Wall Street (credited in book) and for Mac McQuown whose unit became the crown jewel of BlackRock’s $11tn empire. 60% of total US equity assets, $12.2 trillion. Global passive equity, $14.8 trillion, 73% of global equity assets.

LNG’s Importance as Energy Source (1976)

Negotiated contracts for the largest LNG carrier with Algeria – US utilities, CAGR 11% over 5 decades, 15% of global gas supply.

Potential of African Consumer Markets (1978)

Introduced Avon Products to Africa, overcame board’s reluctance, established its two most profitable subsidiaries – Nigeria and the Ivory Coast.

China’s Cost Advantages (1982)

Initiated the first PRC/Fortune 500 joint venture with Campell’s Soup while at Lehman with former Asst. Secretary of State Richard Holbrooke.

Financial Innovation LBOs – HYB (1985)

Identified opportunities in acquiring undervalued companies and financing industry disruptors, founded Transactions Development Group at Drexel/LA.

Global Economy’s Shift to Asia (1991)

Anticipated economy’s shift from Eurocentric to Asiacentric, co-founded first PE firm with lead Asian capital partner (Sanwa Bank, world’s largest bank). 60% of the world’s population lives in Asia. Asia will deliver 4.2% annual GDP growth vs. 2.8% globally and 2.0% for the US over the next decade.

Future of Cloud Computing/SaaS (1999)

Co-founded first firm using “the cloud”, acquired by Oracle. Same team founded SoCoCare, acquired by Five9, changing that company to “multi-channel”, enabling it to IPO and ultimately achieve a $13+ bn valuation. Same team next founded Thrio, raised “A” round and an investor, acquired by Nextiva (2024), has leading industry CCaaS using agentic AI (2025).

Significance of Nonprofits as Market for Financial Services (2024)

Head of Capitalization, B Generous – Leading nonprofit lender: nonprofits represent 15% US GDP, 10% of US workforce, with 80% of revenues being recurring, holding $13.5 trillion in assets, but 97% can’t obtain bank financing.

Eliminate AI Fraud in Music Using TLD (2025)

music.us, legal global monopoly, offers “walled garden” through MY.music, providing creators a verified ID, email, website and fan club in $100+ billion industry. Goal: become the global hub for the music business, growing 3x as fast as the world economy.