When venture capitalist Shervin Pishevar went on a tweet-storm early this year, herevealed a lot about the US economy and the financial sector as a whole. He started by saying that the US economy would decline in the future unless some serious steps are taken to combat the problems facing the country. He predicted that the stock market would lose by 6000 points, a good indicator that the economy was not doing well. Performance of the stock market is directly tied to good economic performance in the country. According to Shervin Pishevar, it is not only the stock market loss but also the bond market.
Shervin Pishevar took to Twitter for a 21 hours outburst. In one of the tweets, he posted about the future of bitcoin. He pointed out that bitcoin will be of great benefit in the financial sector and its value will go up significantly in the future. However, before gaining again, it will go down to the $2-5k range. He also added something about gold. In his analysis, gold will gain value as the economy deteriorates. Since gold is considered a haven, investors will put their wealth in the metal.
As a long time entrepreneur in Silicon Valley, Shervin Pishevar had something about thefuture of the most advanced innovations hub in the world. Surprisingly, he has no kind words. By his prediction, Silicon Valley has lost the glory it once enjoyed. In fact, Silicon Valley is more of an idea than a physical location. The idea has been adopted by other countries, meaning that the best ideas in the world need not come to the US anymore. Some countries are offering real competition in this area. China is doing very well and could easily surpass the United States.
Shervin Pishevar was part of a team that was tasked with the responsibility of creating a bill that would allow migrant talent into the United States. The bill failed to go through the Congress, something Pishevar describes as a mistake. The dwindling fortunes in the Silicon Valley are linked directly to some of the decisions that have been made such as the failure by the Congress to pass the bill. The bill would allow immigrant special talent visas to the United States.
Sahm Adrangi is the present Chief Investment Officer and founder of Kerrisdale Capital Management LLC. Sahm established Kerrisdale Capital Management in the year 2009. The company is dedicated to long-term capital investments and event-focused special situations. The firm has remained focused on researching to solve the misconceptions that have been misleading the universe about the underfollowed longs and over-hyped shorts in the stock market. The firm researches in various fields such as mining, biotechnology, and telecommunications.
Soon after establishing Kerrisdale Capital Management LLC, Sahm Adrangi became famous all over the region. He earned a name for his tireless exposure of fraudulent Chinese firms. He went on to use his research to prompt the SEC to ensure that the companies that he targeted were taken action upon.
Apart from his official responsibilities in the Kerrisdale Capital Management, Mr. Adrangi is a regular guest speaker in a variety of Conferences that include the Sohn Conference, the Distressed Debt Investing Conference, and the Activist Investor Conference. More so, Sahm Adrangi has been featuring in popular publications such as the New York Times and the Wall Street Journal.
Before establishing Kerrisdale Capital Management LLC, Sahm worked at Longacre Fund Management LLC where he was tasked with the responsibilities of managing more than $2 billion in the distressed debt sector.
Sahm Adrangi uses the experience and expertise he has gained over the years that he has been in the industry to propel the companies that he has worked with to higher levels. He is one of the most famous and top-ranked entrepreneurs and speakers in the country. Adrangi shares his ideas with the people around him to get their views and opinions before he starts working on it. Adrangi believes that human capital is the most prestigious component in every investment. He also recognizes that planning is the core stage of every capital management program.
Sahm has been in the forefront of leading Kerrisdale to seal deals and partnerships with other top performing companies with the aim of meeting a variety of their targets. He has been at the core of the company’s management plans since its inception.
On February 5, 2018, Shervin Pishevar started a tweet storm that spanned 21 hours. The majority of the tweets were focused on why he feels that big companies in the United States will fall, why the US stock market will continue to go down, and why an economic disaster has the potential to lead to a new kind of economy.
Shervin Pishevar is most well-known for his involvement in Sherpa Capital. In 2013, he helped found this fund in order to serve as a venture capital company and startup advisory. He even served as a strategic advisor for Uber for a couple of years. Before his 21 hour tweet rant, the last time that Shervin Pishevar used Twitter was to let people know he would be leaving Sherpa Capital.
The 50 tweets that Shervin Pishevar sent out acknowledge unstable conditions in the United States. He talked about the stock market continuing to go down. In fact, he predicts that in the coming months it will go down an aggregate 6,000 points. He talked about underemployment and described it as a systemic economic stasis. He also warned that inflation would spread. However, he did offer a glimmer of hope. He feels that when middlemen are irrelevant, everyone will be able to enjoy a global economy that is efficient and frictionless.
These are notions that Shervin Pishevar has expressed in the past. For many years, he has fought for a more transparent society. He wants a society without as many bottlenecks on innovation.
Shervin Pishevar is one of the cofounders of Virgin Hyperloop One. He feels that this company as well as SpaceX are moonshots that will do good work. However, he has some dark predictions for a few big companies in the United States, including Alphabet, Google, and Microsoft. He feels that since these big companies are built on monopoly frameworks, they will eventually fall. If they do not completely fall, he thinks that they will lose some of their influence. This is something that he feels is good for short-term economic growth, considering the fact that big companies will no longer be able to buy out small startups.
Sahm Adrangi is the founder and the CEO of Capital Management LLC. Kerrisdale. He launched the firm in 1999 with the main focus on event-driven special situations and long-term investment. With his dedication and hard work, he has seen the company, which started with less than 1$ to grow and amass a capital of over 150$ million.
Sahm Adrangi has focused mainly on researching and selling ideas to the general public. Through social media and third-party investment related sites, Sahm Adrangi has been able to see his research ideas reach as many people as possible. He has his firms view on stocks and also done research to remedy the misconceptions in the stock market such as overhyped shots and undervalued longs.
Sahm’s name became known all over the States between 2010 and 2011 when he exposed fraud in some Chinese companies operating in the US. Those companies include Chinese Marine Food Group, China-Biotics, and ChinaCast Education Corp. He achieved this through deep audited research then prompted SEC to take action against those firms.
Under his leadership in Kerrisdale Adrangi, the firm has shifted its research from general industries to specific sectors of his expertise such as mining, telecommunication, and biotechnology. In the biotechnology sector, Kerrisdale has done and published research on the development stage of many companies including Bavarian Nordic, Zafgen, Unilife, Pulse Biosciences and Sage Therapeutics. In the mining sector, Sahm Adrangi has led his company in research, which called into question the market valuation and mining prospects of resource companies such as Northern Dynasty Mineral and Majestic Silver. Sahm Adrangi has also done a lot of research on telecommunication companies such as Globalstar, Dish Network and ViaSat Inc. where he has shared skeptical views.
Sahm Adrangi had specialized in economics from the University of Yale. His professional career kicked off in Deutsche Bank where he worked as an analyst in the banks Leveraged finance group. His success has seen him work as the analyst in different companies such as Chanin Capital Partners and Longacre Fund Management LLC. He finally left to start his own company.