Kerrisdale Capital Management: Correcting misconceptions in the stock market

Sahm Adrangi is the founder of Kerrisdale Capital Management LLC, where he serves as Chief Investment Officer (CIO). He founded the company in 2009 with under $1 million, but it now manages $150 million. Sahm has been hands-on in the firms’ development and is famous for publishing research and short selling. He became famous when he exposed fraudulent Chinese companies in 2010 and 2011. He currently shares his opinions on stocks that are misunderstood such as overhyped shorts and underfollowed longs. Kerrisdale published a negative report on Eastman Kodak in which it explained its short position.

Eastman Kodak Company announced a partnership to launch a photo-centric cryptocurrency, and a blockchain enabled platform, causing their stock to rise by 187%. Kerrisdale believes the announcement would not change the weak fundamentals of Kodak, nor its unsustainable capital structure.

Kerrisdale research aims to correct these misconceptions and shares its findings on its website, Twitter and third-party investing related sites. Though the company shares its research on different industries and companies, Sahm Adrangi has recently focused its efforts on areas in which it has expertise such as the biotechnology sector. Kerrisdale has published research also on mining sector where Sahm has questioned market valuations and mining prospects of First Majestic Silver as well as other mining companies.

Sahm Adrangi is not only a research publicist but also an activist in the investment sector. He partnered with Lindsay Corporation management to maximize the company’s capital allocation d cash deployment policies in 2013. In 2014, Adrangi led a context seeking to replace Morgans Hotel Group directors with two others elected during the year.

Sahm Adrangi began his financial career at Deutsche Bank where he was in the credit department, performing leveraged and high-yield loan debt financings. He also worked at Chanin Capital Partners where he advised the credit committees on out-of-court restructuring and bankruptcy matters. With his experience in investment banking, he served Longacre Management, a multi-billion dollar hedge fund dealing in distressed debts.

Sahm Adrangi is a Yale University alumnus where he studied Bachelor of Arts in economics and a frequent guest speaker at various conferences.

https://twitter.com/sahmadrangi

Jeremy Goldstein: Independent Lawyer With Business Experience

After Jeremy Goldstein graduated law school, he worked in a firm that was helping people through the business opportunities they had. He knew there were different things he would have to do and knew there would be a way for him to make these things better if he was actually giving them the advice they need. Thanks to Jeremy Goldstein, businesses have had the chances they need to be successful. In addition, Jeremy Goldstein likes to give advice on how people can learn more about the company they work for. He knows it is not always easy to be someone who is an employee so he tries to make it easier on those who are in the different industries. Learn more: https://www.slideshare.net/JeremyGoldstein14/

 

After Jeremy Goldstein had worked in a firm for a short period of time, he realized he actually wanted to work for himself. He didn’t think the firm was giving him what he needed so he pushed to make sure he was going back to the different things that were happening in the industry. For Jeremy Goldstein, this meant he would have to continue helping people realize what they could do to make their career better.

 

As things got better for Jeremy Goldstein, he knew his clients would need to make their own lives better. He also knew there was a way for people to try different things and to make sure everyone knew what they were doing to be successful. Thanks to Jeremy Goldstein, many people learned how to run their companies more successfully. In addition, Jeremy Goldstein knew there would be a way for people to actually learn what they could offer their customers. He wanted even small businesses to be able to attract the quality employees they desired. He also wanted them to realize there was a chance to try new things if they were in the right type of business.

 

From small businesses to large businesses and everything in between, Jeremy Goldstein is not afraid to give them the things they need. He is a business lawyer who likes to provide consulting and that’s what has given him the motivation to continue helping all the clients he has. As long as Jeremy Goldstein is doing things to make sure his company is successful, he knows he will be able to try different things. For Jeremy Goldstein, this means he has to make sure he is helping everyone through the issues they would typically face.