Investing in Education Like George Soros

Introduction

Education is an area of the economy that is getting a lot of press right now. There are thousands of students who are graduating every year with record levels of student loan debt. In addition, these students are graduating with degrees that will not allow them to land jobs in the field of their choice. There are many students who are starting to believe that education is no longer a good investment. This is a sad reality of our time. George Soros has been able to achieve remarkable success in both business and politics for several reasons. However, his educational foundation is one of the biggest reasons for his success. Here are several different tips on how students can invest in their education like George Soros in order to achieve success over the long term.

Degree Choice

One of the most important factors in getting a good value out of your education is the degree choice that is made. There are many people who simply want to graduate from school as soon as possible in order to get out and start working. However, it is vital to spend some time on which degree program suits you the best. According to Forbes, for Soros that meant getting a Bacholor of Arts/Science from the London School of Economics. Looking at the current job market is a good indication of what it will be like when you graduate. There are some degrees that always offer some sort of help when it comes to getting a job after graduation. This can play a huge role in the future success of a student.

School Choice

George Soros knew that in order to succeed in life he would have to go to a good college. He was able to get in to the London School of economics at an early age. Over the long term, this is one of the best decisions that he could have made. This school is one of the most well known in the entire world. He was able to leverage the degree that he earned from the school in order to land a job in a field that he was interested in. In addition, the alumni base that he had access to was a great resource early on in his career.
Continuing Education

We live in a world today where it is not enough to go to a school and forget about learning for the rest of your life. Investing in continuing education with both time and money is essential to long term success. George Soros would eventually go back to school to earn a doctorate degree even though he was already greatly successful in his field. It is vital to stay hungry to learn in field that you are interested in. Over the long term, this will make a huge difference in the amount of money you can earn. There are many people who have been able to go back to school while they are working in order to get a large bump in pay after graduating from school.

Eucatex: A Leader in Building Materials

Eucatex Group was founded in 1951. Eucatex began operation in Salto, which is the capital of the Salto Department in Uruguay in 1954. Eucatex is a Brazilian company. They first focused on producing and selling linings and insulation from eucalyptus wood fibers. Eucatex rapidly grew, evolving into what they are today. This company now sells to furniture manufacturers, large industrial construction, packaging, doors, plates, and even cars and toys. Nic.br said the company works in both the construction and the furniture industry. In construction, Eucatex makes laminate flooring, modular partitions, doors, and coatings. Specifically when it comes to laminate flooring, Eucatex manufactures Eucafloor, which is composed of several lines. These include Prime, Evidence, Elegance, Classic, and Rustic.

Eucatex has three factories: Firstly, plates, paints and varnishes continue to operate in Salto. Eucatex offers a variety of paints. Some of the lines include Premium and Peg & Paint. Eucatex also ensures their paint will leave a quality finish. Eucatex also uses an E-Color tinting system so its consumers can have over 2,000 color options available to them. This factory is open in San Paulo.

Eucatex is also in the business of waterproofing. They launched a line of waterproofing material to control moisture and to stop infiltration in both internal and external environments. Two of the products developed specially for waterproofing are the Eucatex Waterproofing Wall Five in One and Eucatex Waterproofing White to Lajes.

Panels and flooring have moved to Botucatu, which is a city in southeastern Brazil. Finally, the forestry unit utilizes a seedling nursery.

Flavio Maluf has been the Chief Executive Officer of Eucatex since 2005. He is also the Chairman of the Board of Executive Officers for the company. Mr. Maluf received his Bachelor’s degree in mechanical engineering Engineer at Fundação Armando Álvares Penteado, FAAP. While in charge, Maluf has made Eucatex a multi-billion dollar company. His leadership and industry knowledge are what led to his success.

Brazil: Foreign Direct Investments

Brazil FDI facts and figures

After the global recession in 2009, Brazilian foreign direct investments (FDI) boomed and then slowed down in 2010. In 2013, FDI inflows reached an incredible USD 64 billion which slightly declined to USD 62 billion in 2014. Even so, Brazil remains to be the fifth largest recipient of FDI in the world and the biggest recipient in Latin America. Besides that, Brazil has been ranked as the fourth largest investor in emerging markets across the globe.

Brazil attracts a lot of foreign investors due to a number of factors including:

  • Microeconomic stability
  • Huge domestic market – over 200 million inhabitants
  • Great and diverse infrastructure
  • Strategic locations – easy accessibility to South American countries
  • Advanced technology and innovation
  • Availability of raw materials

The main sectors attracting foreign investment in Brazil are telecommunication, oil and gas, the beverage industry and the financial industry.

Why invest in Brazil?

The government of Brazil promotes and encourages FDI in a great way. Barriers that hinder the activities of foreign investors have been removed; particularly those in the stock market.

Many sectors have been deregulated and public companies privatized to give way to FDI. The Brazil National Investment Bank (BNDES) greatly supports foreign investment. The bank’s disbursement reached BRL 190 billion in 2013, making it one of the biggest development banks in the globe.

The Brazilian government protects FDIs and it has signed bilateral agreements for protection of FDIs with 14 countries. No major controversies have been reported over the past few years.

Another motivator of investing in Brazil is that there is freedom of establishment. Foreign investors have equal rights to open up companies or business premises, the same as Brazilian citizens. Besides that, foreign investors have a right to acquisition of holdings. They are allowed to have majority of shares when establishing a company.

The Brazilian government promotes FDIs in the form of tax aid and exemption. For instance, companies in the communication and IT sectors, importing more than 80% of their production, are exempt from PIS and COFINS taxes. Companies established in economically disadvantaged areas of Brazil benefit from tax reduction.

As Igor Cornelsen, a great Brazilian investment advisor, would say, “Brazil has several attractive qualities for investors, regardless of all the scandals around it.” The huge population of more than 200 million people provides a great market for multinational companies. When it comes to infrastructure and technology, investors are spoiled for variety. If what Mr. Cornelsen says is something to go by, Brazil is worth investing in.