Legacies are not made in a moment. Legacies are made over a lifetime. It is only as we study one’s entire lifespan that we see the impact they made in their own personal sphere. Upon looking at Louis Chenevert’s life, I am confident that we can declare his life a legacy.
That impact he would make upon the business world began in Montreal, Quebec. It was here that Chenevert would go to attend the extension school of the world renowned University of Montreal, HEC of Montreal. During his time there, he would receive a degree in Production Management under some of the brightest minds in the field.
After his graduation, Chenevert would then go into a management position at General Motors as a Production General Manager. He worked in this position for fourteen years until the aerospace company Pratt and Whitney approached him about a manager’s position.
Chenevert would leave General motors to go work for Pratt and Whitney. After being there for only six years, the board saw in him the potential to run the company. In the year of 1999 he was approached by the board and offered the position of president. After successfully expanding their profit, Chenevert was offered another job as Chief Executive Officer at United Technologies Corporation. It was here at UTC that he would craft what many people call his legacy.
Chenevert did several things simultaneously that empowered his company to take the lead in high technologies for aerospace. He was able to train both workers and executives, lower the impact on the environment, acquire several companies to make them more competitive, and establish a network of close factories that worked in harmony with one another.
With these accomplishments behind him, two magazines would declare him “Person of the Year”. They were “Aviation Week” and “Space Technology”. HEC of Montreal would soon honor him with a honorary doctorate in the field of Production Management. After leaving UTC, he became a consultant for Goldman Sachs.
When you are looking for a way to diversify your portfolio, it would be a good idea to consider a specialized type of investment. One type of investment to consider is the option of investing in wine. While most people consider wine to be a consumer good, which will end up being consumed quickly after purchase, there is an entire market of wine collectors that build their nest egg based on collectible bottles of wine. There are a range of benefits that come with investing in wine.
One of the benefits of investing in wine is that it provides an investor with a strong return on investment. While it seems like it would be a very niche investment option, wine has actually been a very stable investment choice for a long period of time. Most wine investors should expect to see a 10 to 15% return on an annual basis, depending on the actual bottles that they buy.
Another reason to consider buying wine as an investment is to have a tangible investment asset. Most people that invest in stocks and ETFs will never see or hold their investment. When you choose to buy bottles of wine as an investment, it will give you the chance to actually hold what you are investing in.
If you are considering investing in wine, it would be a good idea to work with UKV PLC Investment Wines. UKV PLC Investment Wines is a company that specializes in providing investors with valuable bottles of wine. The company has the ability to act as a broker and find any type of wine in the world that you would like to add to your collection. They can also review your existing portfolio to find types of wine that would help complement your current collection. To know more click here.
UKV PLC Investment Wines can also provide a range of investment management services. Due to the complexities of storing valuable bottles of wine, UKV PLC Investment Wines proves many clients with storage services that are guaranteed to keep your wine safe. Furthermore, when the time comes to sell, the company can broker the sale of your wine collection.