{{Short description|American investor (born 1945)}} {{use mdy dates|date=August 2022}}
'''Russell G. Redenbaugh''' (born July 14, 1945) is an American investor, speaker, and author. He served on the United States Commission on Civil Rights from 1990 to 2005. Blind from the age of sixteen due to an accident which also cost him six of his fingers, he is one of only two known blind jiu jitsu black belts in the world.<ref>{{Cite web|title = Watch "Post-Traumatic Gifted: Moving from Scarcity to Abundance: Russell Redenbaugh at TEDxBend" Video at TEDxTalks|url = https://tedxtalks.ted.com/video/Post-Traumatic-Gifted-Moving-fr|website = TEDxTalks|access-date = 2015-09-14}}</ref><ref>{{Citation|url = https://www.youtube.com/watch?v=AOOc3VO_Gyg|access-date = 2015-09-13| title=Post-Traumatic Gifted: Moving from Scarcity to Abundance: Russell Redenbaugh at TEDxBend | date=May 22, 2013 }}</ref><ref>{{Cite web|title = Brazilian Jiu-Jitsu in one word: adaptation - Guillobel Jiu Jitsu & Self Defense Martial Arts San Clemente|url = http://www.guillobelbjj.com/2010/news/brazilian-jiu-jitsu-in-one-word-adaptation/|access-date = 2015-09-14|date = 2010-09-11}}</ref> Redenbaugh is a three-time world champion in jiu jitsu, fighting sighted opponents.<ref>{{Cite web|title = Forbes India Magazine - How Russel Redenbaugh Defeated his Disabilities|url = http://forbesindia.com/article/column/how-russel-redenbaugh-defeated-his-disabilities/36141/1|website = forbesindia.com|access-date = 2015-09-14}}</ref><ref>{{Cite book|title = Choose to Thrive|url = https://books.google.com/books?id=qQsABQAAQBAJ|publisher = Xlibris Corporation|date = 2014-10-01|isbn = 9781499063073|first = Dr Berge|last = Minasian}}</ref> Redenbaugh is a recipient of the Louis Braille Award from the Pennsylvania Council for the Blind.
==Early life and education== Redenbaugh was born July 14, 1945, in Salt Lake City, Utah. When he was 16, on May 19, 1962, an accidental explosion while building a model rocket removed six of his fingers and rendered him blind, along with other shrapnel injuries. Determined not to live as a dependent, Redenbaugh decided to dedicate himself to learning and accomplishment and make his own fortune.<ref name=":0">{{cite web|url=http://www.shiftthenarrative.com/#!aboutrussell/c240r|title=Russell Redenbaugh - Shift the Narrative}}</ref> He was accepted into the University of Utah, and graduated ''magna cum laude'' in 1967.<ref>{{Cite web|url = https://www.alumni.utah.edu/awards/docs/Distinguished_Alumnus_past_recipients2010.pdf|title = Distinguished Alumnus/a Award|date = 2010|publisher = The University of Utah Alumni Association}}</ref>
Redenbaugh was rejected from graduate programs at both Harvard University and Stanford University due to his disability,<ref>{{cite web|url=https://www.forbes.com/sites/richkarlgaard/2013/09/04/true-grit-blinded-and-gifted/|title=True Grit: Blinded And Gifted|author=Rich Karlgaard|work=Forbes}}</ref> an experience that would contribute to his later work in civil rights. Accepted into the Wharton School, he received his Master of Business Administration with honors in 1969, finishing sixth in his class.<ref>{{Cite web|title = He Earned The Right Disabled Philadelphian 1st On Rights Panel|url = http://articles.philly.com/1990-02-09/news/25882881_1_rights-of-disabled-people-disabled-person-civil-rights|archive-url = https://web.archive.org/web/20160304083701/http://articles.philly.com/1990-02-09/news/25882881_1_rights-of-disabled-people-disabled-person-civil-rights|url-status = dead|archive-date = March 4, 2016|access-date = 2015-09-14}}</ref>
==Early career== After being repeatedly rejected for jobs due to his disability, Redenbaugh was hired as Securities Analyst at the Philadelphia investment firm of Cooke & Bieler.<ref>{{Cite book|title = A Tradition of Investing Excellence|publisher = Cooke & Bieler|pages = 5|url = http://www.cooke-bieler.com/pdf/CB%20History.pdf}}</ref> Over the following decade, Redenbaugh helped to grow the firm from a tiny company to having assets of over $6 billion, while maintaining the number of partners at seven. He and his partners accomplished this growth through reorganizing the research to greatly improve future predictions, the beginning of his focus on policy-based investment. Redenbaugh was Chief Investment Officer of Cooke & Bieler by 1980. He continued his relationship with that firm through 1999 in various capacities.<ref>{{Cite news|title = Despite government claims, the savings rate might be 8 percent - Sunday Gazette-Mail {{!}} HighBeam Research|url = http://www.highbeam.com/doc/1P2-19007231.html|archive-url = https://web.archive.org/web/20181116034321/https://www.highbeam.com/doc/1P2-19007231.html|url-status = dead|archive-date = 2018-11-16|newspaper = Sunday Gazette-Mail|access-date = 2015-09-14|date = 1999-04-11|last1 = Cunniff|first1 = John}}</ref>
==Civil Rights Commission== Circa 1990, Redenbaugh was seeking a position as governor of the Federal Reserve Board, and in the process, became acquainted with Senator Bob Dole. Dole appointed Redenbaugh to serve on the United States Commission on Civil Rights, as its first disabled member.<ref>{{cite web|url=http://articles.philly.com/1990-02-09/news/25883238_1_civil-rights-ralph-neas-russell-g-redenbaugh|archive-url=https://web.archive.org/web/20160304080206/http://articles.philly.com/1990-02-09/news/25883238_1_civil-rights-ralph-neas-russell-g-redenbaugh|url-status=dead|archive-date=March 4, 2016|title=Philadelphian Gets Civil Rights Post|work=philly-archives}}</ref><ref>{{Cite news|url = https://www.washingtonpost.com/archive/politics/1990/02/12/a-first-for-rights-panel/46282ec0-ce91-4ad3-a60c-b71c85280c85/|title = A First For Rights Panel|date = February 12, 1990|newspaper = The Washington Post}}</ref>
Redenbaugh served on the commission from 1990 until 2005, when he resigned in protest over financial mismanagement and partisanship; he recommended that the Commission be disbanded.<ref>{{cite web|url=https://www.washingtonpost.com/wp-dyn/articles/A38397-2005Mar15.html|title=Member of Civil Rights Panel Quits, Says It Should Be Closed|work=washingtonpost.com}}</ref> An independent conservative,<ref>{{Cite web|title = Bush maneuver alters civil rights panel's direction - The Boston Globe|url = http://archive.boston.com/news/nation/washington/articles/2007/11/06/maneuver_gave_bush_a_conservative_rights_panel/|website = www.boston.com|access-date = 2015-09-14}}</ref> he was one of the longest-serving members of the panel, with a self-stated goal of affecting policy change and making it easier for people in protected classes to gain equal standing. He was a critic of the Americans With Disabilities Act and called for its reform<ref>{{Cite journal|url = http://www.ipi.org/docLib/10Worst98.pdf-OpenElement.pdf|title = The Americans with Disabilities Act: Hurting the Disabled|last = Redenbaugh|first = Russell|date = October 15, 1998|journal = Institute for Policy Innovation: Issues: Out of Control: Ten Case Studies in Regulatory Abuse|access-date = September 13, 2015|page = 7}}</ref><ref>{{Cite web|title = Talking Sense About the ADA|url = https://nfb.org/images/nfb/publications/bm/bm99/bm991205.htm|website = nfb.org|access-date = 2015-09-14}}</ref>
Redenbaugh also participated in hearings of the ''Bush v. Gore'' election case. He co-authored the dissent to the commission's finding that the state was guilty of influencing election results.<ref>Thernstrom, Abigail, and Russell G. Redenbaugh. "The Florida Election Report: Dissenting Statement." (2001).</ref><ref>{{Cite journal|title = What Really Happened in Florida's 2000 Presidential Election|jstor = 10.1086/368371|journal = The Journal of Legal Studies|date = 2003-01-01|pages = 221–243|volume = 32|issue = 1|doi = 10.1086/368371|first = Allan J.|last = Lichtman|s2cid = 153424149}}</ref><ref>{{Cite web|title = How the 2000 Election in Florida Led to a New Wave of Voter Disenfranchisement|url = http://billmoyers.com/2015/07/31/how-the-2000-election-in-florida-new-wave-voter-disenfranchisement/|website = BillMoyers.com|access-date = 2015-09-14|date = 2015-07-31}}</ref><ref>{{Cite book|title = Stealing Elections: How Voter Fraud Threatens Our Democracy|url = https://books.google.com/books?id=NapX3MbG_3sC|publisher = Encounter Books|date = 2013-10-10|isbn = 9781594032707|first = John|last = Fund}}</ref>
==Technology consulting and investment== Upon his departure from Cooke & Bieler, Redenbaugh was temporarily bound by a noncompete contract. Unable to manage money professionally, he joined a computer startup (Action Technologies) as CEO in the late 1980s. In the mid-1990s, he contributed to that company's patented workflow method.<ref>{{Citation|title = Computerized method and system for managing business processes using linked workflows|url = https://patents.google.com/patent/US6073109|access-date = 2015-09-14}}</ref> Action Technologies was ultimately unsuccessful, but along with two partners, Redenbaugh began advising other technology companies in exchange for cash and stock options.
By the late 1990s, Redenbaugh was providing management consulting to a small collection of major high-tech companies, including Applied Materials, KLA Tencor and IBM. Concurrently, he was managing his own fortune and, at the request of some contacts, began taking on investment clients. This eventually grew into an investment firm, Kairos Capital Advisors.<ref>{{cite web|url=http://www.kairoscapitaladvisors.com/|title=Kairos Capital Advisors}}</ref><ref>{{Cite journal|title = Inspiring Others out of Adversity - Registered Rep (Online Exclusive) {{!}} HighBeam Research|url = http://www.highbeam.com/doc/1G1-414375930.html|archive-url = https://web.archive.org/web/20181115060801/https://www.highbeam.com/doc/1G1-414375930.html|url-status = dead|archive-date = 2018-11-15|journal = Registered Rep (Online Exclusive)|access-date = 2015-09-14|date = May 2015}}</ref>
Prior to the 2008 financial crisis, Kairos focused on investing in companies (e.g. Apple). Post-crisis, the investment strategy changed, formally applying political and economic policy analysis to determine the best and worst asset classes for investment.
===Principles of investment process=== Kairos Capital Advisors' operating theory, developed by Redenbaugh and his partner James Juliano, is based on understanding government policy, which produces headwinds and tailwinds for asset classes. Returns are overwhelmingly guided by asset allocations: If an investor performs item selection in aggregate, the winners and losers will cancel each other out. Asset classes, by and large, will either win or lose.{{citation needed|date=August 2022}}
With the success of this approach, Redenbaugh and partner James Juliano founded the Reading The World investment advice newsletter<ref>{{cite web|url=http://www.rtwnewsletter.com/|archive-url=https://web.archive.org/web/20150319034254/http://www.rtwnewsletter.com/|url-status=usurped|archive-date=March 19, 2015|title=Reading The World}}</ref><ref>{{Cite web|title = New product: Kairos Capital Advisors launches policy-driven investment newsletter {{!}} Tradestreaming|url = http://www.tradestreaming.com/2012/07/19/new-product-kairos-capital-advisors-launches-policy-driven-investment-newsletter/|access-date = 2015-09-13|first = Zack|last = Miller}}</ref> in 2012 to provide insights and applications of this approach.
In 2014, Kairos Capital Advisors began applying these analyses to the holdings of institutions and family offices.
==Jiu jitsu== At the age of fifty, Redenbaugh took up the practice and training of the martial art of Brazilian jiu jitsu.<ref name="auto">{{Cite web|title = #150 Russell Redenbaugh, Danny Ives{{!}} Brazilian Jiu-Jitsu (BJJ) Radio and News|url = https://thefightworkspodcast.com/2009/01/25/russell-redenbaugh-danny-ives-bjj/|website = The FightWorks Podcast {{!}} Brazilian Jiu-Jitsu (BJJ) Radio and News|access-date = 2015-09-14}}</ref> He trained with Phil Migliarese, Saulo Ribeiro, Jean Jacques Machado and Eduardo Rocha, and to fight sighted opponents. As a blind person missing fingers, he won the World Jiu Jitsu Championships for his weight and belt in 2003, 2004 and 2005.<ref>{{cite web|url=http://media.wix.com/ugd/7cb896_399a040f5a2adc0441c6c5b60b8b7bb3.pdf|title=The Astronaut Fighter. Gracie Magazine}}</ref> He also competed in the unlimited weight division each year, earning silver medals in 2004 and 2005.<ref name="auto"/>
In 2010, Redenbaugh became a Brazilian jiu jitsu black belt.<ref>{{cite web|url=http://www.graciemag.com/2010/03/russell-redenbaugh-much-more-than-a-black-belt-2/|title=Russell Redenbaugh: much more than a black belt|author=Ivan Trindade|work=GRACIEMAG}}</ref> In 2015, he earned a red stripe designation above the black belt.
==Personal life== Redenbaugh lives in Philadelphia. He married management consultant Natalia (Davis) Redenbaugh,<ref>{{Cite web|title = The Wabi-Sabi of Business: Natalia Davis and Russell Redenbaugh| date=May 20, 2006 |url = http://meredithstrategyanddesign.com/blog/2006/05/20/the-wabi-sabi-of-business-natalia-davis-and-russell-redenbaugh|access-date = 2015-09-13}}</ref> who died on September 3, 2018, at the age of 52.<ref>{{Cite web|url=http://www.legacy.com/obituaries/telegram/obituary.aspx?n=natalia-redenbaugh&pid=190462163|title=Worcester Telegram & Gazette|date=October 12, 2018|website=www.legacy.com/obituaries/telegram/obituary.aspx?n=natalia-redenbaugh&pid=190462163}}</ref> He has three children from previous marriages.
Redenbaugh is a founding member of the Lexington Institute<ref>{{Cite web|title = Lexington Institute|url = http://lexingtoninstitute.org/russell-redenbaughs-inspiring-triumph-over-adversity/|access-date = 2015-09-14|date = 2013-07-12}}</ref> and works with the RGR Foundation,<ref>{{Cite web|title = Advisors With Heart Awards 2015: Russell Redenbaugh|url = http://wealthmanagement.com/people/advisors-heart-awards-2015-russell-redenbaugh|website = wealthmanagement.com|access-date = 2015-09-14|date = 2015-05-26}}</ref><ref>{{Cite book|title = Guide to U.S. Foundations, Their Trustees, Officers, and Donors|url = https://books.google.com/books?id=s4dPAQAAIAAJ|publisher = The Center|date = 2004-01-01| isbn=9781931923910 }}</ref> an organization focused on helping other good causes with funding and support. One of these causes, the "Russell School" in northern India, is a school for blind students. the RGR Foundation also provided computers to the affiliated orphanage.
Redenbaugh was selected as an Olympic torchbearer for the 2002 Salt Lake City Winter Olympics.<ref>{{Cite web|title = Newhouse: Torchbearer for the sightless|url = http://www.insidebayarea.com/dave-newhouse/ci_14458681|access-date = 2015-09-14|date = 2010-02-23}}</ref>
==References== {{reflist}}
{{DEFAULTSORT:Redenbaugh, Russell}} Category:1945 births Category:Politicians from Salt Lake City Category:American practitioners of Brazilian jiu-jitsu Category:Living people Category:University of Utah alumni Category:Sportspeople with visual impairment Category:Wharton School alumni Category:American blind politicians