Sahm Adrangi brings a unique perspective to the ordinarily mundane world of investment banking. He is a Yale-educated, financial master who routinely lends his talents to the public. Of course, as founder and chief financial officer of Kerrisdale Capital Management, his primary intent is to take advantage of investment positions which result in a profit for his investors. However, Sahm Adrangi hasn’t allowed the pursuit of profit to overshadow his dual purpose of exposing the truth.
The discovery of misleading information that, once made public, reveals the potentially, damaging financial position of a company is like making a hole-in-one. The financial world and media splash the news, and Sahm Adrangi is proclaimed a genius. What is often overlooked is the countless hours of observation and research that was devoted to the venture, yet goes unnoticed. This is very equitable to law enforcement and detective work. When the bust goes down and the criminals are rounded up, we see the thirty-second clip on television and everyone applauds the success of the police. What we don’t see on television is the mundane research, surveillance and paperwork behind it all. Sahm Adrangi has carved a name for himself and his company with just such intensive, financial detective work.
Now, many of us would certainly invest our time to discover a potentially profitable financial opportunity. Should you stumble on such public information it would be easy to take a short position on a company and realize a quick profit. However, Sahm Adrangi invests his own time to evaluate a companies financial position, investigate their hard assets, and assess their overall value. Then he freely gives all of that information to the public. Should you desire to be in his inner-circle of information you need go no further than the internet or your television. Once Sahm Adrangi discovers fraud or financial misinformation in regards to a company, he uses a number of forums to divulge it to the public. Those who wish to be in the know can do so on his website, twitter, and even nationally syndicated shows like CNN and Bloomberg.
As we all know – or at least all of us that haven’t lived in a cave for the past decade-plus – social media has helped people share their opinions in a more-frequent, less-filtered fashion than ever before. While some tweets, posts, and shares are inappropriate and totally out-of-place; and most of them are standard, plain, flat-out boring posts containing unimportant things like pictures of users’ lunches; very little content on the World Wide Web’s countless social media networks is insightful and well-thought-out.
Although he isn’t the only social media user who has published quality content, Shervin Pishevar is one of the brightest minds in financial services; much to the satisfaction of followers of the greater financial market, Mr. Pishevar is hardly scared to share his deepest thoughts, insights, and predictions through the globally-available social media network Twitter.
In February 2018 – nearly six months ago as of July 31, 2018 – Shervin Pishevar published a short novel’s worth of high-quality content on Twitter after taking a two-and-a-half month break from all social media and online networking sites.
The nearly-novella-length “tweetstorm” Shervin Pishevar published over a roughly 24-hour period contained 50 tweets – one of the hottest such tweets on the first half of content he published read “Inflation is dead … Inflation never manifests itself [the] way many expect. We’ve managed to export inflation for decades now,” referring to the United States’ overarching dumping of inflation off of the United States Dollar over the past few decades.
Inflation is never fun, but it’s normal – it’s necessary for a nation’s currency and its financial markets to be kept in check. Shervin Pishevar claimed that the bond market would soon fail due to our exportation of inflation.
He also said that quantitative easing, a monetary policy practice that helps keep the United States Dollar and other currencies in check, is effectively the “only thing” to have “had long term [sic] predictable results” of anything related to monetary policy moves. However, Shervin Pishevar immediately thereafter suggests that quantitative easing doesn’t have the power it once did and will be unable to perpetuate the bullish run of bonds for much longer.