Harry Rady Online – San Diego, CA

Harry Rady is active in residential real estate development and trustee sales, asset and investment management, and he currently heads Rady Asset Management, a financial services conglomerate.

Rady is a very active philanthropist. He is on the Children’s Hospital and Health Center’s Investment Committee, and also one of the directors of the California Board of Child Help USA. Additionally, Harry Rady is on the Dean’s Advisory Council for the Rady School of Management at the University of California San Diego, where he is also a member of their Executive Mentor Program.

Harry Rady of La Jolla, California is currently the CEO of Rady Asset Management, headquartered in San Diego, California. He is also the Chairman of the Investment Committee at the University of California in San Diego Rady School of Management.

He attended and graduated from the University of Southern California, where he received his BA and MBA from the affiliated Marshall School of Business.

He serves as the Investment Committee Chairman and Executive Committee member for Rady Children’s Hospital, is the Director of the California Board of Child Help, USA and is a member of the Dean’s Advisory Council at the Rady School of Management at UCSD.

In December Forbes Ruthie Ackerman did an insightful story on the woes of Wall Street. Several pertinent comments by Mr. Rady should be noted.

“I think the weakness is due to light volume and investors taking advantage of the market strength to do some tax sell offs,” said Harry Rady, chief executive officer and portfolio manager for Rady Asset Management. “The major problem is a global glut of debt. The only way to pay down debt is to sell assets to raise cash.”

“The Treasury market has gotten so overvalued that I’ve actually started shorting Treasuries,” Rady said. “All of the bailout money on top of the fact that the dollar is getting crushed is going to make interest rates go up. I think the Treasury market way overshot the mark.”

You only have to read the Wall Street Journal any day of the week to understand that Rady’s comments on the economy are on the mark.