James Dondero has recently talked about his strategies for achieving success in the field of finance. When he was talking about his strategies, he revealed three things that have helped make him and his firm successful. The first thing that Dondero mentioned was that he looks to invest in securities that are backed up by debt and credit. As a result, he has been able to make consistent profits on a regular basis. Another one of James’ strategies in finance is to stay on top of the financial markets. He researches the latest trends to get an idea of how the markets are performing. Lastly, Dondero looks to make deals that will likely result in a turnaround. In this situation, James is looking to acquire undervalued securities and then sell them once they reach a high value.
In 1990, James co founded the firm known as Highland Capital Management. He started up this firm with Mark Okada and together they built up a reputable life insurance company. The firm was a success by providing life insurance but looked to expand. The expansion of this firm included offering financial services to multiple investors. James wanted the firm to provide ways to meet the various needs of both individuals and institutional clients. As a result, the firm would begin to offer products such as hedge funds and private equity securities. Dondero also made the firm offer comprehensive services such as financial advising and wealth and asset management.
At the beginning of his career, James worked for a finance firm as a credit analyst. This position allowed him to get experience in a niche that would eventually be one of the primary service areas of his firm. During the next several years, James would advance to higher positions in the industry. At the peak of his working career, James Dondero was the chief investment officer at a finance firm. With this position, he was assigned to oversee the management of multi billion dollar asset holdings for firms such as American Express. After working in the field of finance for a number of years, James started up his own financial services firm.