Over a period of 21 hours, no less than 50 Tweets issued forth from the account of Shervin Pishevar, super angel investor and Silicon Valley legend. What all of those Tweets had to say created something of a media sensation. Part of the reason for that is that when Shervin Pishevar speaks, people listen. But also, what he had to say was often remarkable.
Take, for example, the way Pishevar unloaded on the famous business corridor that made his career — Silicon Valley. Mr. Pishevar said he thinks the best days of this California tech hub are behind it. He said that Silicon Valley has become more of an idea rather than a solid entity where big things have happened. Competition can now come from anywhere in the world as other global entities invest in and ramp up new centers of innovation.
Shervin Pishevar also discusses an issue that has been smoldering among social observers and economists. That issue is the growing trend toward underemployment. Pishevar noted that, more and more, people with high tech skills are finding fewer employers willing to hire them full time. Because of that, many folks with unique and valuable skills find they must work at other, more mundane jobs to make ends meet.
The value of stocks were another subject Shervin Pishevar expounded upon in his Tweetstorm. He put forward a rather dim forecast. The market is vastly overvalued, Mr. Pishevar said, and that we can expect a very significant downward correction. He mused that the stock market could drop by as much as 6,000 points before all is said and done.
He had similar warnings for the cryptocurrency Bitcoin. It also is wildly overvalued, Shervin Pishevar Tweeted. He thinks it will undergo a precipitous plunge in value, but also may stabilize at $2,000 to $5,000. Even so, Pishevar said he likes the idea of Bitcoin because it is a “stateless currency” and offers a unique financial vehicle entrepreneurs can leverage for startup opportunities.
A wide range of other topics were addressed by Shervin Pishevar in a Tweetstorm that has had wide-ranging consequences and produced considerable discussion.
Sahm Adrangi went to Yale university and successfully earned his bachelors degree. He’s currently Chief Investment Officer Kerrisdale Capital Management. Sahm is also the founder of the company. Proceeding graduating from the Ivy League school he would enter the finance industry while Once he graduated, he held several roles and positions, in which he was a great help to many companies. Some of his objectives consisted of aiding creditors with bankrupt issues as well as other debts too. During 2009, He created Kerrisdale Management Firm. Motivated for the organization to prosper, Sahm Adrangi offers his leadership and help in all departments of the company. Ever since he started this capital management firm, hes become a renowned person in the investment banking realm. Sahm Adrangi often speaks publicly at various seminars and conferences, all throughout the year. He has remained the topic in several published literatures such as the likes of The Wall Street Journal and The New York Times. Spring of 2018, he guest spoke during a short selling seminar. The conference took place in the afternoon, at the New York athletic club. He lead speaker and elaborated on the subject of fraudulent advertising companies. The main factor of his speech was that theres a whole lot of illegitimate businesses globally that are taking illegal advantage of advertising dollars. Touching more on the topic, he mentions that when a fraud organization isn’t able to hide any longer, and are exposed; investors can take advantage of this opportunity. Sam Adrangi says that many investors across the globe can surely capitalize on these companies if they short sell when certain information is made known. He thinks that foreseeing these occurrences beforehand will lead investors to make the right decisions when it comes to certain stocks. Sahm Adrangi and his company believes in research based options and the thinking ahead when it comes to the stock market.
The legend that is Shervin Pishevar has always been the kind of person who is more than happy to share his points of view with you. He has never shied away from doing so because he is often right in the kinds of predictions that he makes at any rate. Why would he be afraid to share when he has so consistently been proven correct in the long run? That is what the man himself must be thinking after a long string of winning predictions over the years.
The most recent set of predictions from Shervin Pishevar came via his Twitter account and pointed to a man who has not been riding the predictions wave that have been coming out of the mainstream media regarding the economy. Put another way, he has not been afraid to buck the trend of what has been going on with predictions out of analysts and others who make a living telling people mostly what they want to hear.
Shervin Pishevar has absolutely taken a different tact as he has been primarily interested in helping people understand that the economy that they think they are living in right now may not be the one that they are actually experiencing. That is to say that Shervin Pishevar firmly believes that we are all being duped into thinking we are in a much stronger economy than we really are. The reality of the situation if you ask him is that we could be doing much better economically. He thinks that the stock market is doomed for a twenty percentage point or greater drop, and he thinks that those who foolishly run to Bitcoin as an investment haven are going to get burned too.
The long story short version of what Shervin Pishevar has had to say is that he thinks we would all be better served if we stop with all of the mainstream thought on this subject and instead try to pay attention the fundamentals of the economy and if they really justify the prices that we have been seeing in things like the stock market lately. He argues that the obvious answer is no.