Sahm Adrangi Blows the Whistle on St. Joe Company

Even though many companies ignore the efforts of whistleblowers, they perform an essential role in different sectors. They often alert the country to abuse in institutions and financial fraud among others. As such, many clients and companies have evaded the possibilities of investing in fraudulent businesses thanks to the presence of different whistleblowers in various sectors. Maybe a good example of one such individual is Sahm Adrangi since he has accomplished so much during the few years he has worked at Kerrisdale Capital Management.

Background

Sahm Adrangi founded Kerrisdale Capital Management in 2009. He has since served as the head of the company and has been part of its development especially in regards to formulating effective policies for clients. For Adrangi, founding this company was important for protecting clients from fraudulent business professionals. Another agenda of establishing this company was alerting clients of the risks involved in investing in individual companies. Notably, he blew the whistle on some Chinese companies including China-Biotics and Lihua International.

The Negated Report

Recently, Sahm Adrangi issued a report on St. Joe Company. Prospective investors have been shaking their heads in regards to this report as it was accurate. Being a land development firm based in Florida, and the second largest, in this case, St. Joe has developed a lucrative investment portfolio that seems attractive to many investors. Nevertheless, transparency is still a question since clients cannot bet on putting their money into this docket.

Adrangi’s Sentiments

According to Adrangi, St. Joe Company is making assumptions based on invaluable statistics previously collected from different business units. Their dreams to transition a large piece of desolate land into a beautiful living area for business entrepreneurs and retirees seem obsolete. Besides, the plan would only come to pass after 50 years of working on getting the right resources and implementing the idea.

Conclusion

From Adrangi’s perspective, this is not a sound investment since there have been minimal activities in the business. Also, it is rather strange that clients are investing in a project that bears no future at the moment. Adrangi is convinced that the project is quite involving.

https://www.businessinsider.com/meet-hedge-funder-sahm-adrangi-2013-10

Shervin Pishevar: Was The 21-Hour Tweet Storm Just a Rant, or a Hard Pill to Swallow?

During a 21-hour period during the week of February 4th, 2018, Iranian-American business tycoon Shervin Pishevar posted over 50 tweets from his Twitter account. His tweets included various topics such as stock market predictions and the future of Bitcoin, Google, and Amazon. He predicted that the stock market would crash, dropping 6,000 points. As if on cue, the market saw a dramatic reduction in shares, contradicting President Donald Trump’s claim of a booming economy. Shervin Pishevar also voiced his concerns over inflation, stating that inflation will forever be unstable due to the United State’s “war on trade.” His Bitcoin predictions included a drop by $2,500, followed by an eventual recovery.

Something that Shervin Pishevar mentions that is of great importance is the concept of entrepreneurship. The idea of owning your own business and making an astronomical income is no longer just a dream that comes with living in the United States. Now, it is a worldwide possibility. He feels that entrepreneurship is becoming more and more common and it will eventually take over. To Pishevar, innovation is changing around the world. And speaking of innovation, he does not think the United States has any. He mentions that while China’s economy is growing, the United States falls flat. He claims that our infrastructure is decaying rapidly, and that our ideas are pretty much outdated. We think more short-term, rather than making long-term goals for our economy.

Pishevar goes on to say that five major U.S. companies are causing issues for those who want to grow: Google, Amazon, Apple, Facebook, and Microsoft. These companies are placing a chokehold on small start-ups, barring the opportunity for wealth.

While some may find Shervin Pishevar’s rant to be bizarre,he has proven to us in the past that some of his claims are indeed factual. Because his empire was build from the ground up, he has been witness to many economic trends. This has made him quite the successful businessman, and he will continue to be such.

https://mashable.com/category/shervin-pishevar/