Shervin Pishevar racks up yet another correct market prediction

Last February, Shervin Pishevar, one of the most respected figures in tech venture capital, made a series of predictions about the future of the U.S. stock market. Tweeting to his nearly 100,000 followers, Shervin Pishevar said that the markets would likely experience one of their worst years in a decade. He also predicted that volatility would return to the markets, wreaking havoc with some of the new index funds, particularly those that invested in volatility.

Shervin Pishevar said 200-day moving averages will be reset downwards

One of the key metrics that investors use to judge the long-term health of equity and other markets is the 200-day moving average. For the last 10 years, the markets have more or less tracked inside their 200-day moving averages, yielding remarkably stable returns to investors.

But Shervin Pishevar was one of the first to go against the crowd and predict that, for the first time in nearly a decade, the Dow Jones would be trading below its 200-day moving average. This prediction has turned out to be prophetic. The Dow Jones has, indeed, been trading significantly below its 200-day moving average since the beginning of October. Increasingly, investors are worried that the departures from recent historic norms may signal a fundamental shift in the mood of investors and the future of what has amounted to one of the longest-running bull markets in the history of the country.

But many investors still don’t want to listen to the rest of Shervin Pishevar’s opinions. The majority of what the inveterate financier has said is not particularly optimistic. And he has specifically predicted that the Dow Jones may give up all of the gains that it made in 2018 and most of what it gained throughout 2017.

By this point, however, Pishevar’s incredible track record of getting very specific predictions about the future course of markets right means that investors, no matter how bullish, should be listening to his financial opinions. Listening a little more to reasoned voices like Shervin Pishevar versus self-interested figures like Janet Yellen may be the best thing that America could do to right its financial ship.

Meet Sahm Adrangi the Man behind the Success of Kerrisdale Capital Management

In the period between 2009 and late 2014, Kerrisdale Capital Management grew from a mere one million dollars to 300 million dollars. This growth was achieved without help from any seeders whatsoever. This resulted in a complete ten times increase in the capital given by investors. Since then, the company has been achieving double-digit growth year in year out. At this rate, Kerrisdale Management Capital is beating S and P 500 by a remarkable 1000 points on basics. This success comes to many as a surprise as hedge funds have been reporting complaints about the over the regulations and the raising institutional costs that are basically making it hard for these companies to break through in the industry.

The rise of Kerrisdale Capital Management

Kerrisdale Capital Management was launched in 2009 with a capital of one million dollars. The company is a hedge fund that is situated at the United States New York State. It wasn’t too long after it was launched that the company made headlines. Kerrisdale published reports that exposed fraudulent Chinese Companies that were operating in the United States. This led to the shutdown of a number of companies that were part of the scandal. This breakthrough is the reason behind the sudden rise of the company’s returns in 2011. That year, the company reported a whopping 180 percent in returns. Since then, the company has gone to do tremendous work and achieve great success in the process. What sets it aside from other hedge funds is the fact that it publishes research, a norm that has been the backbone of the company for years. All this is attributed to the man who is the founder, Chief Executive Officer and the face of Kerrisdale Capital Management, Sahm Adrangi.

About Sahm Adrangi

Sahm Adrangi was born and raised in the State of New York. He attended Yale University for four years beginning 1999 where he got his B.A in Economics. In 2009, he launched Kerrisdale Capital Management with the purpose of running an event-driven special situation as well as long-term value Investment Company. Under his leadership, Kerrisdale has been able to break into the industries of biochemistry, telecommunications as well as the mining industry.

Prior to Kerrisdale, Adrangi worked at the Longacre Fund Management where he was in charge of more than 2 billion in distressed debt. He was named one of the Titans of Tomorrow by Hedge Fund Journal in 2014.

Shervin Pishevar’s Tweets Have People Listening

There are always tweets going around with nuggets of advice. Shervin Pishevar, a tech investor, decided to make his voice heard on Twitter in February. Months later, people are still finding his advice and overall outlook intriguing.


The Tweet Storm

What is now being referred to as a tweet storm included 50 tweets sent in the span of a day by Shervin Pishevar. Of course, he decided to break them out, sending only a few an hour. He even paused his thoughts for dinner. To make it easier for his tens of thousands of followers, he did number the tweets.


In the tweets, he covered his thoughts on the economy, monopolies that have too much power, the lag that the United States has in terms of the speed of production, and more.


Why are people listening?

There are a number of reasons why people have chosen to listen to Shervin Pishevar’s tweets. The first is that his tweet storm was picked up by a number of business blogs. Plenty of bloggers have decided to add to his tweet storm and put their own thoughts on the topics that were covered.


The second is that Shervin Pishevar is a smart businessman. He was an early investor in a number of startups, including Airbnb and Uber. He has a sense for knowing when things will happen, which is why he has been so successful. With over 50,000 followers, it only makes sense that people are listening to what he has to say.


Finally, much of what he has said has truth behind it. He predicted that the market would drop in aggregate by 6,000 points in the coming months. Within a day, the market started to teeter. He has also called out the monopolies with too much power, including Amazon and Facebook, both of which have been in the news recently because of the power they’re wielding.


Reading up on the tweets that Shervin sent can shed some light on the state of affairs in the United States.