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Shervin Pishevar gives his views on US economy in a 24 hours tweetstorm

Shervin Pishevar is a business mogul in the United States, and one of the tech entrepreneurs who has supported the growth of the tech industry in the country for many years. He plays his role as a venture capitalist and an angel investor. He has backed many startups in the Silicon Valley, and some have developed into unicorns in less than a decade. One of the startups he is proud to have supported is Uber.

After many years in the business sector, he has developed enough experience to analyze the economy and know how it will perform in the future. Right now, Shervin Pishevar is not convinced that there is enough that is being done to ensure that the economy continues with growth trend. In fact, he has pointed out that he expects the economy to deteriorate in the future. He has observed that every economic indicator is pointing to hard times in the future. The stock market is crashing, inflation has kicked in, and all asset classes are overvalued. When assets are overvalued, it means that there is no way investors can transfer their assets to other markets.

Shervin Pishevar engaged in a 24 hours tweet storm where he posted his views on many issues related to finance. One of his tweets indicated that the economy would continue to suffer because the cheap money era has ended. Some of the measures that the Federal Reserve used to apply in the past such as pumping more money into the economy have surpassed their usefulness.

Another issue he posted about is the reaction of bitcoin and gold to the deteriorating economic conditions. Shervin Pishevar has indicated that gold will gain value as investors rush for the haven due to inflation. On bitcoin, he has suggested that the cryptocurrency will have an incline in the future but after plummeting to the $2-5k range. He has however supported the idea of digital currencies since they will make the market friction-less due to the elimination of government interference. Shervin Pishevar believes that only drastic measures can save the economy from decline. Almost every indicator shows hard times for the economy in the future.

https://www.youtube.com/watch?v=geCtCov15g4

Business, Business News, Finance, Investment Firms

Sahm Adrangi Thinks QuinTech’s Price Will Drop

When Sahm Adrangi makes a short-sale investment, he isn’t hoping that the company does well. In fact, his investments are into companies with poor business practices and ethics that are doing well by dishonesty and skewed fact reporting. A value investor, Sahm Adrangi invests into companies that he just does not like. A short sale attack is relatively simple but extremely risky if done incorrectly. In order to complete one, the investor must borrow stocks of the company they are interested in and immediately sell them. In theory, when the stock price drops enough they will purchase them at the much lower price and sell them back to the lender. A lot of investors have executed their attacks improperly by predicting stock price drops that just never happened, or sometimes they just gave up too soon. It’s definitely not a short-term investment in most cases.

Sahm Adrangi is a very talented investor with many years of experience despite being young. He has shorted biotech companies pushing ineffective drugs to investors during their trial stages, fraudulent companies based in China but trading on the stock market in the United States, and even mining companies to name just a few. He specializes in certain areas and he is very good at it. This is why people are paying very close attention to Kerrisdale Capital’s negative report that was issued about the company QuinTech that specializes in marketing online.

The report indicates some rather concerning problems with their recent rise in revenue. Mainly that it is all completely bogus and is only coming from fake web traffic. QuinTech caught the attention of Sahm Adrangi when their stock rose by around 400% based on this increased revenue, but most of it only came from one of their customers. There is a lot of evidence that was found by Sahm Adrangi’s research that was conducted by Kerrisdale Capital that the traffic that their clients paid them to generate to their site was mostly done by bots on the internet instead of actual real-life humans. If this is true, not only has QuinTech misled their investors, they are ripping off their customers.

 

http://www.zerohedge.com/news/2017-05-09/kerrisdale-capital-reveals-latest-short-selling-target-will-it-be-next-straight-path