Two Training Tips for Climbing Mount Kilimanjaro

Climbing Mount Kilimanjaro pic
Climbing Mount Kilimanjaro

An experienced investment professional, Arthur (“Art”) J. Samberg owns Hawkes Financial LLC, a family office based in Katonah, New York, and earned his MBA from Columbia Business School. A philanthropist who has donated approximately $35 million to the institution, he has been honored with the creation of the Arthur J. Samberg Institute for Teaching Excellence. Away from his work, Art Samberg enjoys physical activities and climbed Mount Kilimanjaro in 2000.

With a focus on aerobic activities that develop cardiovascular conditioning, climbers should train before attempting such a climb. The key here is to work on developing stamina, which means focusing less on pushing yourself to your limits and more on developing the ability to sustain a consistent level of activity over a long period of time.

Develop breathing exercises that allow you to focus on long inhalations of five or six seconds through the nose rather that rapid, shallow breathing. Maximizing your oxygen intake will prove vital as you reach the summit, where the air starts becoming thinner. Taking up yoga can help develop your breathing control while developing your flexibility and increasing your resistance to injury during the trek.

Methods to Value a Startup

Value a Startup pic
Value a Startup

Arthur “Art” J. Samberg is a successful investment professional with the experience of growing a $3 million dollar fund into a complex fund which had over $17 billion in managed assets in the year 2000. A graduate of MIT, Stanford and Columbia Business School, Art Samberg currently operates his family office, Hawkes Financial LLC, in New York, where he applies his investment expertise primarily in technology based start-ups.

A startup is generally defined as a small company that has recently been founded by a single individual or a small group. Startups often provide a service or product that is unique and new to the market, but tend to operate at a loss and require financing as they spend resources on expanding and testing ideas. Investors can utilize several methods to value a startup given these factors.

Cost to duplicate approach – assesses value through expenses incurred and the value of physical assets.

Market multiple approach – estimates value based on the sale of similar organizations, if possible.

Discounted cash flow approach – estimates value based on an expected future cash flow.

Development stage approach – assigns value based on the likelihood of a startup’s path to profitability.

UJA Federation Supports for the Jewish Community

UJA Federation of New York
UJA Federation of New York

Arthur “Art” J. Samberg is a New York based finance and investment executive that operates Hawkes Financial, his family office that focuses on, among other things, technology based start-ups. Art Samberg is also engaged with multiple professional and charitable boards, including companies like JetSuite and Tri Alpha Energy and charitable organizations such as Historic Hudson Valley and the UJA Federation of New York.

The UJA Federation of New York is an international charitable organization that operates in over seventy countries and has reached more than four and a half million individuals. Founded 95 years ago, the organization maintains nearly 100 nonprofit agencies in its international network that provide services that care for the disadvantaged, respond to catastrophes, and strengthen the global Jewish community.

Strengthening and supporting the global Jewish community is accomplished in several ways by the UJA Federation. Jewish community centers are included within the UJA network that provide education on cultural values and Jewish heritage as well as a broad range of social services. In addition, resources for clergy and staff at synagogues are offered to enhance direct services at the local level. Moreover, ongoing research efforts are in place to respond to community needs as they arise.

Fusion Energy as a Power Source for the Future

Fusion Energy pic
Fusion Energy

Arthur J. Samberg is a retired executive who previously headed Pequot Capital Management as founder and chief executive officer. Though officially retired, Art Samberg still works in investment management, operating Hawkes Financial, LLC, his family office entity, out of Katonah, New York. Art Samberg is also a current investor and Chairman of the Board of a fusion energy company called TriAlpha Energy, Inc.

In recent years, the United States has seen a strong push for alternative energy sources. Fusion energy is one such source that gained traction as a viable option. Fusion energy is the power produced through nuclear fusion—that is, energy created through the fusing of two lighter atomic nuclei to form a heavier nucleus.

The allure of fusion energy lies in the idea that it may be possible to create a large-scale sustainable energy source. This is appealing for a number of reasons, most notably the reduced need for oil drilling, which can benefit the environment and possibly lower costs for energy, as a sustainable resource should have greater efficiency and cost less to maintain.

Recent articles in Time magazine, Business Review Australia, and the Huffington Post note new evolutions in fusion technology, such as small reactors, and various ongoing fusion projects, such as International Thermonuclear Experimental Reactor. These new technologies and projects move the idea of fusion power forward, but many analysts still believe that fusion power as a sustainable energy source is years, if not decades, in the future.

At the same time, large private investors are placing money in these ventures, which should help accelerate the realization of a working and sustainable large-scale fusion power source.