Negative Reports Given by Sahm Adrangi of Kerrisdale Capital Management

Many investors have become successful in the stock market. This involves buying and selling of company shares listed in the stock market. It is one of the best investments giving investors huge returns within a short period. Sahm Adrangi is one of the investors and has helped many investors with investment tips that enable them make profits. He founded Kerrisdale Capital Management way back in 2009 and has helped the company grow significantly. The company specializes in investment management.

Kerrisdale Capital Management and Sahm Adrangi focus on research to establish shares that are doing well in the stock market. After thorough investigation, he releases reports to the public. He focuses his research on all companies ranging from real estate firms to online marketing companies listed in the stock market. He has gained experience throughout his career. He has worked at Chanin Capital Partners, Longacre Fund Management, and Deutsche Bank. Being a graduate of economics from Yale University has enabled him have an easy time leading Kerrisdale Capital Management.

  1. Joe Company is one of the real estate companies doing well in the stock market. Sahm Adrangi has released a negative report about the company. Its share prices are extremely high, and many people are tempted to buy the shares. According to Kerrisdale and Sahm, the company’s shares are overvalued and a time is coming for the prices to go down.

Sahm Adrangi has reported about an online marketing company; QuinStreet, Inc. Themarketing Company is generating revenue from a flawed business model that cannot be trusted. In fact, it is getting revenue when users click links and fill out forms. Currently, its shares are doing well, and Sahm is confident that the shares prices will go down soon as the firm has no proper business structures that can make the business sustainable. Also, Sahm Adrangi has given a negative report about Proteostasis Therapeutics which is a biopharmaceutical company at the development stage. The company relies on one drug; PTI-428 which Sahm and Kerrisdale are sure is ineffective in cystic fibrosis treatment.

www.futuresmag.com/author/sahm-adrangi

GreenSky Credit’s Journey of Success

Investors are faced with stiff challenges while taking risks in world’s where many people tend to escape. Actually, the thriving force of an investor is seeing opportunities in almost all challenges. While being an investor is rewarding, making the tough decisions on taking the calculated risk before pouring your money into it is the hardest part. Therefore, a bridging gap is necessary where Outweb provides online platform.

GreenSky Credit is one of the financial technology companies in the United States. Founded in 2006 by Mr. David Zalik, Greensky Credit offers online platform for acquiring loans by landlords in need of home development projects. Zalik came to the realization that contractors are the gatekeepers to the mortgagees in United States. The journey of an investor isn’t always straight and many people fail. GreenSky Credit’s birth began with Outweb and in 2006; Zalik facilitated the establishment of the Rockbridge Commercial Bank which three years later failed costing him an investment of $500,000.

The beginning phase towards this approach was turbulent and he had one of his innovative partners step out in 2010. It was an opportunity for Zalik as Robert Sheft, an investor and founder of RMA Home Services, stepped into the Greensky Credit. This triggered the idea of offering immediate sponsorship to customers with small-businesses with the local contractors. During this time, Zalik provided local contractors with lunch and requested them to grant GreenSky Credit financing an attempt. This contractor model took off in the summer of 2013 but Zalik was in debt which lured him to sell part of his company for $10 million. Challenges seemed to keep him on toes and an opportunity rose to sell again which he declined.

Zalik was introduced to Nigel Morris, the co-founder of Capital One – a credit card disruptor. GreenSky Credit received connection beyond Atlanta through a seven-figure investment from Morris in 2014. 17% of GreenSky was sold at $1.8 billion estimation by Zalik a few others in the fall of 2014 to Iconiq Capital, TPG, Wellington Management and DST Global. Fifth Third, two years later, invested double the previous amount valuation.

 

https://www.cnbc.com/2017/05/15/greensky-2017-disruptor-50.html