Alan Quasha Finance

Restructuring companies in the competitive marketplace

Mistakes That Work – Message from Alan Quasha

Posted By on July 26, 2010

In an article in 2007 for Forbes.com, Alan Quasha shares his experience and understanding of how to use mistakes to your advantage in the business world.  As founder, president and CEO of Quadrant Management, Alan Quasha brings his own experience and expertise to the article.

As Quasha writes,

“As a society, however, we are trained from our earliest days to be afraid of mistakes. We learn to react to mistakes with anger–outrage, on one hand, and fear on the other. We operate in a system in which we’re rewarded for not making mistakes and punished when we do make them. Rather than make or admit mistakes, we tend to either be risk-averse or try to cover them up.

What’s missing from this equation is growth and integrity. To learn from mistakes, we have to admit them early. To avoid big mistakes, we have to acknowledge at the outset that they are a possibility. Appropriately so, risk managers are increasingly becoming top firm managers–and firms with greater risk management controls set themselves apart from those that don’t.”

Alan Quasha and Board of Compagnie Financière Richemont SA

Posted By on July 14, 2010

Alan Quasha is on the Board of Compagnie Financière Richemont SA.  He works with a great team, including Jürgen E Schrempp, who was appointed non-executive director in 2003.  Schrempp has quite an impressive work history, until a few years ago having been the CEO of DaimlerChrysler.  While it ultimately didn’t succeed, the merger between Chrysler and Daimler Benz that Schrempp was behind, was at the time, thought to be very good for both the companies.  Indeed, he himself even termed it a “match made in heaven.”  However, it was also through Schrempp that Mitsubishi Motors was acquired as part of his ‘Three Pillars’ plan to place Daimler-Benz into US and Asia markets.  Schrempp was also in charge of the aerospace division of Daimler-Benz, known today as EADS.  Today, along with being the non-executive director of Compagnie Financière Richemont SA, Jürgen E Schrempp is a director of the South African Coal, Oil and Gas Corporation Ltd.

NET-A-PORTER & Richemont with Alan Quasha

Posted By on July 9, 2010

Richemont is poised to create a very exciting change.  In recent news, they have made an offer to shareholders in NET-A-PORTER Limited to acquire all of the company shares.  At the moment, Richemont, where Alan Quasha is a non-executive director, holds about 33% of the capital of NET-A-PORTER Limited.

NET-A-PORTER.com, owned by NET-A-PORTER Limited, is the world’s premier online luxury fashion retailer.  Their award-winning website is presented in the style of a fashion magazine.  It offers fashion conscious women the hottest looks of the season, with new products featured weekly.  Each item includes a cutting-edge designer label and can be shipped with worldwide express delivery.

At the moment, the website serves customers in over 170 countries and is viewed by over 2.5 million women each month.

News for Quasha’s Quadrant Management?

Posted By on July 7, 2010

Alan Quasha, President of Quadrant Management, Inc. (a “principal alternative investment management firm focused on US and emerging markets”), might be interested in a recent publication entitled, ‘Transformation:  The Future of Alternative Investments.’  This paper “examines in detail the transformational change of the alternative investment industry as it enters a period of significant growth, set against scrutiny from regulators and institutional investors.”  As well, it looks into the reactions of alternative investment managers to “significant market volatility and regulatory uncertainty.”  Many of these individuals working in this area are, as a result, “adapting their business models to maximize chances of success.”

Fine Advice for Sensible Portfolio Managers

Posted By on June 30, 2010

It shouldn’t be so hard to comprehend that with many things in life, keeping it simple really is the best piece of advice.  But somehow it is, or at least, too many people out there don’t follow this train of thought.   Quite simply, what Roger Nusbaum suggests is to make it a “priority [to have] enough money when you need it, or perhaps more specifically giving yourself the best chance possible to have enough money when you need it.”  Doesn’t sound too complicated does it?  Perhaps when it comes to the stock market cycle, things get a bit stickier but the basic principle should remain the same.

Diagnosing Traumatic Brain Injuries

Posted By on June 23, 2010

It is not always so easy to diagnose traumatic brain injuries (TBIs).  The Brain Trauma Foundation of which Alan Quasha is chairman, works hard to “improve[e] the outcome of Traumatic Brain Injury (TBI) patients worldwide by developing best practices guidelines, conducting clinical research, and educating medical professionals and consumers.”  What often hinders and delays the recovery of TBI victims – as has been the case in America’s military recently – is that it has been hard to “diagnose troops with TBI” “despite billions in research dollars.”  It has been found that one of the biggest problems is that experts in the field simply cannot pinpoint exactly how the injuries happen and “the workings of the brain remain largely a mystery.”  Organizations such as the Brain Trauma Foundation are working hard to alleviate this issue so that TBI victims are given the best chance of recovery.

Learning from Giving Back

Posted By on June 16, 2010

Alan Quasha, founder, president and CEO of Quadrant Management, has certainly had a successful business career.  In an article in Leaders Magazine, he was asked about how he gives back, in addition to all of his business dealings.  Alan Quasha explained that,

“When he was younger, one of my sons went into a coma because he had what is called a traumatic brain injury, or TBI. Through that experience, I learned a lot about TBI and becameinvolved with the Brain Trauma Foundation. I understood the enormous impact that TBI could have on families, both emotional and financial. I was asked to chair the Brain Trauma Foundation and this great organization has made tremendous changes to how TBI is treated throughout the United States and the world.

The experience has taught me lessons that I’d love other organizations to learn. One is that you don’t necessarily need to be a large organization to make something happen.”

Alan Quasha and Indian Financial News

Posted By on May 25, 2010

Alan Quasha is someone who has to know what is going on in the world of finance.  Since the financial companies in which he is involved – president of Quadrant Management Inc. and Partner at Vanterra – are global, being abreast of economic developments and downturns on a global level is part of the job.  That is why the latest news in the Indian stock market might be somewhat troubling for a man like Quasha.  One of the countries in which Quadrant Management Inc. has an office, is India.

Indian Stock Market and Alan Quasha

The Indian stock market is currently in decline, and that fact, together with the crisis of Greek sovereign debt has “raised the specter of a double dip recession.”  This is also quite disappointingly surprising since it was only recently that NIFTY (the major index for companies on the country’s National Stock Exchange) was looking pretty good.  Clearly therefore, what has now happened and what was predicted to have happened in the country’s economy, just shows how important it is for global companies such as Quasha’s to constantly keep on top of worldwide fiscal flux.

Alan Quasha and TBI

Posted By on May 15, 2010

Alan Quasha knows quite a bit about Traumatic Brain Injury (TBI).  It is Quasha who today chairs the Brain Trauma Foundation’s Board of Directors.  The foundation was established in 1986 to “support research on TBI.”  There are always new developments being established and researched in this field.  Most recently, the US military now has plans for clinical trials to discover whether “breathing pure oxygen in a pressurized chamber helps brain injuries to heal.”  Even if the injuries are not actually completely healed, such a process it is hoped, might actually relieve headaches and other symptoms associated with TBI.  Such an achievement would definitely be welcome news for Alan Quasha and all those working at the Brain Trauma Foundation.
The trials are set to take place in North Carolina, Texas, Colorado and California and will involve testing  approximately 300 service members suffering from mild to moderate brain injuries.  Although the therapy currently cannot boast any proven records, it still warrants trials.  This is because, according to Col. Richard Ricciardi of the Defense Center of Excellence, in theory, more oxygen will dissolve in the blood in a body that is under pressure.  As well, higher oxygen levels have been able to help in the healing of tissue.
Anything that could potentially help TBI sufferers is for sure something Alan Quasha and all those at the Brain Trauma Foundation would support.  This is especially true in this kind of study involving service members, since, almost 120,000 individuals have been victim to brain trauma injuries in the last seven years.

Do What You Love is Formula for Success

Posted By on May 5, 2010

Learning the lessons of the financial crisis and growing from them is an important part of the philosophy that Alan Quasha takes to life and the way he pursues business. As we begin to emerge from the recent global economic crisis, Alan Quasha believes people will take a new look at their lives, at the meaning of material success, and re-evaluate what is truly important in life.

Mr. Quasha has observed, several times, people discovering and doing what they love, even though it might not be the most financially rewarding thing that they could do. These people, who understood their own personalities, weaknesses, strengths and passions, were able to forge a new road, breaking new ground, in pursuit of their passion. Their lives, although they might not be fabulously wealthy, are nevertheless fantastic, and this is a very important lesson we can all take from the economic crisis. Alan Quasha puts it thus:

“I think young people should, first of all, do something they’re passionate about. If it happens to bring enormous wealth to them, great; if it doesn’t, that’s also great. At the end of the day, and particularly as you get older, time is an increasingly valuable commodity, and so doing something you really like to do is a great way to fill the time you have. I feel that we’re moving to a world where time is more relevant than money. People should probably spend more time thinking about how they want to spend their time, rather than how they might make the most amount of money. If they actually thought about that, it might change some of their decisions.”