Every successful hedge fund manager knows that their job is to know which assets might increase in value and which assets might be overvalued. Sahm Adrangi can do both of these, and as the chief information officer and founder of Kerrisdale Capital, he helps to identify short stock opportunities that can potentially make lots of money for investors. Kerrisdale has been doing better than the S&P 500 Index for many consecutive quarters and makes the right call on short positions quite frequently.
Recently, Sahm Adrangi and Kerrisdale Capital made the right call to short Proteostasis, which is a biotech company located in Cambridge, Massachusetts. While its stock had improved after recent cystic fibrosis work had been finished by the company, Adrangi found that most of this growth was artificial. The actual jump in price had to do with some data that was released that seemed to suggest that their new drug was doing better than it actually was. Sahm Adrangi and the team at Kerrisdale dug deeper into the company and discovered that the study had drawn on a miniscule-sized placebo group and was not up-to-par with biotech standards for studies of this kind. Adrangi believed that the information would eventually come to light and that this is when the stock price would reverse.
Sahm Adrangi and Kerrisdale Capital decided to move forward based on the data they had that indicated that this failed study was the main reason for the rise of the stock of Proteostasis. The stock of the company did drop by 13% in the beginning once the market caught up with Kerrisdale’s report. After this, it dropped by %20, and Adrangi along with the team at Kerrisdale made quite a bit of money from this short. It is looking like the company’s stock will continue to go down due to the non-objective study that had artificially boosted it previously. This built a lot of confidence in the skills of Sahm Adrangi and the Kerrisdale Capital Team, and it is another reminder that paying attention to every single detail related to a company’s stock rise can yield amazing results.
Over the past 10 years, there have been a number of very prominent investors that have been extremely successful in helping to raise capital for some of the top growing companies in the world. One individual that has continued to be considered one of the top investors in the world today is Shervin Pishevar. Most people know of Shervin Pishevar as being one of the top original investors in Uber, which is now one of the top global ride share companies in the world.
While Shervin Pishevar has a very strong and verifiable track record as an investor, he has also been very outspoken about a variety of topics in the world of investments. Over the past few months, he has continued to be very outspoken on social media. This includes a long 21-hour period in February 2018 in which he tweeted out about a variety of major topics taking place in the finance world.
During the “tweetstorm”, Shervin Pishevar discussed a wide variety of topics. One area that he discussed during his social media tirade was the current rise and fall of Bitcoin and other cryptocurrencies. The investor spent time discussing why he believed Bitcoin grew so rapidly and volume in 2017. During this time, he also expressed predictions that the price of the coin would fall dramatically in 2018. He predicted that it would fall as low as $5,000 per coin for beginning to increase a little bit during the rest of the year.
During this period, he also discussed a variety of other predictions about the global and United States economy. During this 21-hour period he predicted that we would see the United State go further into debt and continue to fall behind China and other global powers in a variety of ways including fiscal standing and infrastructure.
While Pishevar has gained a lot of fame and fortune from investing in Uber and other tech companies, he believes that the innovation coming out of Silicon Valley is slowing. What may be more concerning is that some of the top companies are now growing in the emerging markets, which could show a shift in power.
Natural resource companies dealing exclusively in the transportation, storage, and production of oil and natural gas are taking advantage of a remarkable tax break. The break allows them to operate as a tax free institution, not only that but to qualify for the tax break allows the company the working capital of a publicly traded company. To do this they have to use what is known as master limited partnerships, or MLPs. Essentially, they are stakes in the company, bearing the tradeable functionality of a common stock. An investor purchasing such a stake trades working capital for a percentage of profit. But the profit outweighs the investment because the companies have to follow a statue requiring them to dump 90% of their revenue onto their investors. As long as they pay 90% of their profit before taxes, they will only get taxed on 10%. A remarkable investment opportunity. Matt Badiali refers to it as freedom checks.
Freedom Checks are return of capital payments made to investors who purchase stakes in natural resource companies. Matt Badiali, the man in all the freedom checks commercials, is the one informing everyone about these stakes. A master investor and geologist, Badiali is a foremost authority in the natural resource market. He personally inspects natural resource companies across the globe and provides actionable prospects for investors through his newsletters at Banyan Hill Publishing. His freedom checks videos are designed to garner interest so that people will be aware of the investment opportunity.
MLP investments are as legitimate as they come. They are available to anybody regardless of age and can be acquired for as low as ten dollars. The percentage paid out is related to the amount of money invested, and also depends on the company’s performance in the market. Payments are made on a monthly to quarterly basis and can arrive in the mail or be directly deposited into an escrow account.