Shervin Pishevar used Twitter as a platform to express some deep concerns that he has regarding not just the US economy but also the entire business and political system in the United States. He is one of Silicon Valley’s heavyweights and was an early investor in companies like Airbnb and Uber. He is more recently known for his startup Hyperloop One. This is a transportation based company that promises to build trains that go at super speeds and produce little to no pollution.
On the dates of February 5th and February 6th, 2018, Shervin Pishevar sent out 50 points making grim predictions about the US economy and explaining why he felt like the entire system in the United States is teetering on destruction. His Twitter storm started after the stock market experienced a dramatic drop. It is obvious that the stock market went down, but what is not so obvious is what Shervin Pishevar thinks will be even further slippage. He predicted that the market is going to continue to dip by another 6,000 aggregate points in the months to come.
Not long after making that prediction, Shervin Pishevar said that US citizens should expect hints of quantitative easing from US leaders if the market did not normalize quickly. He said it is the only tool that has ever had long-term predictable results but that no one should be fooled by it. It has been used too many times to continue to be effective.
Another point that he made is that inflation is dead. He does not see it as an antidote contained to US borders, mentioning that it has been exported for decades. Under the current administration, Shervin Pishevar doesn’t have faith that any global trade deals are going to fix the situation.
Shervin Pishevar is a big believer moonshots. He did have some good things to say about a couple of them. One is the company that he founded, Hyperloop One. The other one he mentioned was SpaceX. This is a company that was started by Elon Musk, who is the individual who gave Pishevar the idea for Hyperloop One. He feels that these companies can do some good.
Just in his mid-thirties, Sahm Adrangi has made a name for himself in the world of capital management. He is the founder and CEO of Kerrisdale Capital Management.
Sahm Adrangi has Yale in his educational background. He graduated from the school in 2003 with a B.A. in economics. During his time at his alma mater, he wrote for the Yale Daily News. During that time, he leaned to the left politically.
After graduating, Sahm Adrangi set about making a name for himself. He started out at Deutsche Bank’s leveraged-finance investment banking group. Later, he would serve as an investment analyst at Longacre Fund Management. Soon, however, he would move on to bigger things that would turn the name Sahm Adrangi into one that would be well-recognized within the world of investing.
Adrangi founded Kerrisdale Capital Management in 2009 with just less than $1 million. Since the company’s founding, he has been actively involved in all aspects of the business. From that humble beginning of just under $1 million, Adrangi has grown the business into a capital management firm that handles approximately $500 million or so in assets as of May 2016.
Two things that Adrangi is known for is short selling and publishing research. In fact, Kerrisdale Capital has made a name for itself due to its savvy research and bold moves in short selling. In one unusual move, Adrangi raised $100 million in a co-investment fund that appears to be the first of its kind in order to bet against a single stock: Dish Network.
While some may take more conservative paths within the world of finance, Sahm Adrangi has chosen to forge a much bolder path. That is how the man behind Kerrisdale Capital Management has turned what started as a fairly small company into a major success.
One Planet Awards has chosen Troy McQuagge as the 2016 winner of their golden CEO of The Year award. The international One Planet Awards program recognizes exceptional performances from businesses and leaders across numerous categories. A panel of volunteer judges, made up of industry experts and peers, determines the winners of each award. Troy McQuagge won in the category for businesses with 100 to 499 employees thanks to creating “unprecedented success, growth and profitability,” since taking the helm at USHEALTH Group Inc.
Troy has been working in the insurance industry for over thirty years. When he graduated from the University of Central Florida in 1983, he took his first position working at the Allstate Insurance Company. He later moved on to United Insurance Companies Inc. in 1995, working under their Student Insurance Division. They elected him President in 1997 and he continued to work with them when they later became HealthMarket. Mr. McQuagge joined USHEALTH Group Inc. in 2010 as President and CEO of their career insurance agency USHEALTH Advisors. He served briefly as the Executive Vice President and Chief Marketing Officer of USHEALTH Group Inc. in 2013. The following year they elected him to his current position as their President and CEO and learn more about Troy.
He is an ambitious leader, with a history of setting high goals and breaking records. One Planet’s award is Troy’s third award for 2016. He also won CEO of The Year and Most Innovative CEO, both given out by CEO World Awards in their insurance company category. While leading HealthMarket’s Agency Marketing Group, he drove the company’s sales to over $1 billion in 2007. Under his leadership, USHEALTH Agency grew to be the largest provider of health insurance in the “under 65,” market. One Planet Awards has also given USHEALTH Group Inc. their Company of The Year award due to McQuagge’s efforts. Staying humble, Troy said that his award “belongs to everyone at the USHEALTH.” The company, based out of Fort Worth, Texas, provides health insurance solutions to over 15 million customers.
For more information about Troy McQuagge and One Planet Awards, visit the original award announcement at prweb.com.
Other Reference: https://www.facebook.com/troy.mcquagge