Tag Archives: Bitcoin

Incredible Predictions From The Infamous Shervin Pishevar Tweetstorm

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Every once in a while, a famous or influential person decides to take over Twitter and talk about everything from their opinions on pop culture to ideas on the future of the economy. Well, one early Uber investor decided to go on Twitter and stay on Twitter for an incredible 21 hours. That person, Shervin Pishevar, is making waves with his nearly daylong Tweetstorm. Below are some of the eye opening predictions and opinions from Mr. Pishevar’s Twitter ramble.

The Dow Will Fall 6,000 Points

Starting out with a major market prediction, Mr. Pishevar Tweeted that the Dow Jones Industrial Average would drop 6,000 points. This is a bold prediction considering that the U.S. stock market is in its longest Bull market in history. If this prediction turns out to be true, this would make a 30% drop from the Dow’s highs.

Bitcoin Will Continue To Crash

Everyone has an opinion on Bitcoin and Mr. Pishevar certainly didn’t want to be left out. While other experts are predicting that Bitcoin could go to $100,000 or $1 million, Shervin Pishevar thinks the grandaddy cryptocurrency is going to go the other way. In fact, the Silicon Valley executive predicts that Bitcoin will fall all the way down to the $2,000 to $5,000 level. This price range would mark and 80% to 90% discount from Bitcoin’s $20,000 high in 2017.

Silicon Valley’s Days As A Tech Center Are Numbered

Perhaps one of the most shocking predictions from Shervin Pishevar is that Silicon Valley will no longer be the center of the tech universe. Mr. Pishevar believes that the next generation of start-ups will chose to work around the world and connect remotely with their clients, vendors and partners.

United State Infrastructure Is Falling Behind

Stepping out of his comfort zone, Shervin Pishevar predicted that the United States infratstrutuire will continue to fall behind. He cites the fact that China is able to build an entire train station in nine hours as proof that America’s ability to build quickly is falling behind.

The 21-hour Tweetstorm marked the first public statements made by Shervin Pishevar since allegations of misconduct in late 2017. In all, the Silicon Valley expert Tweeted out over 50 messages to his many followers. As the year passes, many people to look back to see which one of Shervin Pishevar’s predictions will come to pass.

http://baltimorepostexaminer.com/elon-musk-shervin-pishevars-hyperloop-maps-d-c-baltimore-route/2018/04/03

Flaws of Kerrisdale Capital according to Sahm Adrangi

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Sahm Adrangi is a financial guru who has acquired a lot of knowledge on matters concerning stocks; he currently serves at Kerrisdale. He has been involved in all aspects of the firm development since it was launched.He is best known for short selling and publishing research.

His research is mainly based on correcting the myths and the misconceptions that the third party have about the company. He mainly shares his research on the websites where the investors can easily access them and on such social media such as Twitter.

In his research, Sahm Adrangi also focuses on various sectors of the firm regarding resource and capital allocation, effective and efficient management of the company’s resources to enhance the continued positive growth of the company and increase the economies of scale.

He believes that KODAKOne is continuously experiencing diseconomies of scale which provides evidence that it may not be able to offer any benefits to the owners of the company or even Kodak main shareholders. Sahm Adrangi is highly interested in long-term investments. There are various reasons as to why Sahm Adrangi believes that Kerrisdale will continue making low profits or declining revenues.

One of the reasons is that KODAKone seems to have poor management. It is led by WENN Inc which Sahm believes has previously portrayed a poor track record. Poor management leads to misappropriation of funds, poor utilization of available resources, poor planning, poor management of credit facilities which can lead to bankruptcy or lead to low-profit making or even losses.

Another reason is that members of the board of directors with Kodak gave themselves some constant stock from KODACOne before it was launched which is so illegal.

Thirdly, even though Kodak has some partnerships, this will not reduce the rate at which they experience negative cash flows because they have made several fruitless attempts to improve the unsustainable capital structure.

KODAKone is led by WENN Digital Inc and other innovations. The companies have backgrounds with high uncertainties. In most cases, the success of any given business highly depends on its environment like the potential investors, lenders, and other financial institutions will need the background information of that company before getting into any commercial or any other business transaction.

https://www.benzinga.com/topic/sahm-adrangi