Luiz Carlos Trabuco Stepping Down As Bradesco President

While Luiz Carlos Trabuco remained the President of Bradesco until the general meeting happened on March 12, the new president has been announced as Octavio de Lazari Junior who is also the president of Bradesco Seguros.

Octavio starting working at Bradesco after working at another bank for 15 years. The previous bank was located on one of the most popular streets for shopping in Sao Paulo. Before working at the bank, he was playing football for Palmeiras but gave up that dream to get into the banking industry. He actually got the job because his father was a long time client and was able to get him the job by using his relationship with the manager.

Lazari Junior talked about how he was chosen for the job after taking a simple test and never though he would be president. He just saw an opportunity to improve his situation and took it. He also talked about how he had plenty of time working to get retirement but didn’t actually need it.

The entire process of choosing a new president for the bank started in October. This is when Lázaro de Mello Brandão stepped down from the bank’s Board of Directors. At this time, Luiz Carlos Trabuco moved up into the presidency. Lazari Junior talked about wanting to ensure that he continued doing the same good work that Lázaro de Mello Brandão and Luiz Carlos Trabuco did.

Read more: Próximo presidente do Bradesco sairá da diretoria do banco, diz Trabuco

Luiz Carlos Trabuco then talked about how they knew that the new president would be one of the 7 vice presidents, but they wanted to ensure that they picked the correct one. After looking at everything, Lazari Junior was the obvious correct choice.

When Lazari Junior first started at the bank, he was employed in the Credit sector. He quickly became the director for this sector and was in charge of the Corporate, Small and Large Businesses, and Retail areas. He was then promoted to the department director of the Department of Loans and Financing in 2010 according to oglobo.globo.com. In 2012, he moved up to the chief executive officer of the same sector. Finally, he became the executive director, vice president, and president of the Bradesco Seguros Group.

He has an Economics degree that he got from the Faculty of Economic and Administrative Sciences of Osasco. He also specializes in Financial Strategies and Marketing, which he got from the Fundação Instituto de Administração, Financial Management, which he got in Fundação Getulio Vargas, and Strategies in Finance, which he got from Fundação Dom Cabral.

Since Bradesco closed 2017 with a revenue of R $ 76.3 billion, they are very optimistic that they will do even better this year. With that being said, both Lazari Jr and Trabuco stress the importance of having pension reform. It’s the best possible thing for everyone involved. They need everything with the bank to increase without having to worry about the unemployment number increasing. They expect GDP to go up around 2%-3%, interest rates going lower, and inflation to remain the same. In short, they need to be sure that this year is one of the best they’ve ever had.

Luiz Carlos Trabuco started as clerk in Bradesco bank when he was 17. Due to his hardworking and dedication, he hold different executive positions within the bank. He has vast experience in banking industry.

Check more about Luiz Carlos Trabuco: http://www.meioemensagem.com.br/home/ultimas-noticias/2018/02/05/bradesco-anuncia-substituto-de-trabuco.html

Rocketship Education Emphasizes Student Growth To Parents

Rocketship Education is a public charter schooling system in Calfornia that has been steadily expanding their schooling system over the past 10 years for more students throughout the state. In the future, they will build more schools to add to communities around the country. Rocketship has already been able to change the course of education for students within their communities, with upwards of 30 thousand students attending their schools each year. Rocketship emphasizes the importance of student growth and their test scores throughout the years. Every student’s growth can be measured with a proper system to evaluate their growth from start to finish. Parents need to be aware of this most so that they can stay up to date with their child’s progress and understand what they need in terms of growth to stay on par or catch up if they have fallen behind.

Using the proper model, Rocketship Education uses MAP, students are less likely to fall behind and stay behind. Rocketship has shown that they can effectively increase the rate of their student’s learning through personalized learning methods alongside the usual curriculum. This is one of the unique aspects of the Rocketship Education system that makes them stand out in the educational community. No student falls behind because they work with each student individually to create a learning experience that works for them. Students have shown the ability to learn by more than a single grade level in a year in both math and reading at Rocketship Education public charter schools.

Not only this, but students coming out of Rocketship have had some of the highest testing scores in the country, beating out those in even wealthy districts. This is precisely what Rocketship aims to prove by providing all students with a good education, a student is not defined by their background or the privilege they have in a wealthy community.

Key Points from Shervin Pishevar’s 21-hour Tweet Storm

In February this year, Shervin Pishevar broke his Twitter silence, and he did so in a unique way. Before that, Shervin’s last post was on December 14, last year when he announced his resignation from Sherpa Capital in the wake of sexual harassment allegations. The twitter storm was long and detailed. It covered a wide range of topics including the US stock market, Silicon Valley, inflation, and immigration.

Looming financial storm

Shervin Pishevar began his Twitter rant by talking of a looming financial storm. The US stock market was turbulent at the beginning of February. Shervin argus that the turbulence will continue in the following few months. He predicts that the stock market will drop more than 6, 000 points in 2018.

What are the causes of the looming financial storm? Shervin Pishevar listed several factors that he believes are to blame for the crisis. These factors include tax giveaways, discrepancies in credit accounts, and increasing interest rates. He also predicts that in the fullness of time, investors will realize that all classes of assets are overvalued.

The effectiveness of government bonds

In the past, central banks have used bonds to recorrect the market through quantitative easing. Shervin Pishevar claims that that strategy will not work this time around. He asserts that the approach has been too overused to be effective.

The Silicon Valley

Regarding the Silicon Valley, Shervin notes that America has lost exclusivity. He maintains that America no longer has the monopoly of talent, ideas, and entrepreneurial spirit. Technological innovation is now flourishing globally. Shervin treats this as a bad signal for the short-term economic growth of the USA.

The Big Five Unicorns

Shervin terms Amazon, Apple, Microsoft, Alphabet, and Google as monopolies. He warns that the growing trend of these companies buying out startups will eventually fail the economy. He criticizes the American system for turning a blind eye to the activities of the big five companies.

About Shervin Pishevar

Shervin Pishevar’s 21-hour tweet storm may be full of pessimistic predictions, but his vast experience in finance and investments is a reason why every investor should take his signals seriously. Shervin is an entrepreneur, super angel investor, and venture capitalist. He is a co-founder and former managing director of Sherpa capital. The venture capital fund has invested in notable companies such as Uber and Airbnb.

www.shervin.com/