Mordechay Shahak Foundation
When
Mordechay
Shahak acknowledge that his wealth and financial well being is secure
and sufficient for him to retire tomorrow and still maintain his life style, he
decided that it is time to give back to society.
Like other very successful investors as Warren Buffer who opened the door for
mass charity, Mordechay Shahak has decided that the best thing he could do is give back
by helping others.
His philosophy is not to give money to the needy, but rather teach them a
profession and let them earn for themselves.
The foundation prefers to directly help humans, instead of indirectly helping
trough the environment. “I don’t care if a tree goes a night without water; I
care if a child goes to sleep at night hungry”.
About Mordechay Shahak
"The relationship , action and reaction between to variables has always
fascinated me, the fact that in the currency market you have two major variables
that are so rich which fundamental and technical information is just amazing"….
Mordechay Shahak
Only 17, years old, this Budapest native has managed to be involved in some
of the largest financial deals undertaken between European banks and former
soviet republics.
"I really can't pin point m finger on what distinguishes me from others, maybe
it's the fact that I factor in information such as long lasting economical
cycles , allows me to see how the graph will behave".
Mordechay's ability is especially needed when a foreign company , let's say a
Russian private hospital wants' a loan from a German Bank.
This loan will be given in Dutch Marks and that's what the Russian hospital will
repay. Therefore the Russian hospital can be harmed by changes between the
Russian Rubble (RR) and the Dutch Mark. If the RR falls , the Russian hospital
will have to pay much more RR's for every Dutch Mark they return.
Therefore they must protect or hedge themselves buy buying a forward currency
contract between the RR and the DM protecting them from fluctuations in the
price of the currency.
There is a lot of financial activity going on in Eastern Europe especially in
the energy industry and this 17 year old Maverick has managed to be regarded at
his early age.
Visit the Mordechay Shahak Blog
and the new Mordechay Shahak online finance trading arena. both are now available!
Thank you for visiting The
Mordechay Shahak Foundation
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