Category Archives: Finance

Kerrisdale’s Sahm Adrangi’s latest expose

Kerrisdale Capital has recently published a not so positive report on Eastman Kodak Company. The report insinuates that Kodak suffers poor fundamentals and unsustainable capital structure which it tried to cover by announcing a partnership with blockchain enabled image licensing platforms and photo-centric cryptocurrency. Kerrisdale published and posted the report on its official website and is also presented the report on a conference call. Kerrisdale stands to profit if Kodak’s share price and capital drops. Kerrisdale Capital Management LLC is a company that deals with investment management and is headed by Sahm Adrangi. Read more at nymag.com about Sahm Adrangi.

Sahm Adrangi founded Kerrisdale Capital Management in 2009 and has been its Chief Investments officer since then. He has also had to play an important part in the firm’s development since then, leading the company from a mere one million dollars during its launch to a hundred and fifty million dollars under its management currently.

Sahm Adrangi is famed for his short selling and publishing research and came to the lime lite when he exposed fraudulent Chinese companies back in 2010 and 2011. A good number of the companies that he targeted became subject to legal action from the commission of exchange and securities. His researchers at Kerrisdale focus majorly on the telecommunications sector, having shared research on companies in the sector such as Globalstar. Kerrisdale also focuses on the biotechnology sector, publishing reports on companies like Sage Therapeutics and Zafgen among others. Its final sector of expertise and focus is the mining sector. Adrangi, through Kerrisdale, has published research on mining prospects and market valuations of several mining and resource companies. Kerrisdale carries out research on such companies and exposes weaknesses in their endeavors in articles, reports, presentations and at times webcasts.

View: https://www.institutionalinvestor.com/images/416/Sahm_Adrangi_bio.pdf

 

Other than his work in research, Sahm Adrangi also takes port in several philanthropic activities and is an active investor. He is also a public speaker having spoken in several conferences and is also a publisher of numerous journals like the New York Times and the Washington Post among many others. Having started his career in the finance field, Mr. Adrangi has grown in his current field of expertise and become a force to be reckoned with. Follow Sahm Adrangi on Linkedin.

Meet George Soros, a Financial Strategist, Philanthropist, and Political Influencer

George Soros is a renowned philanthropist that has donated over $12 million to aid individuals and foundations advocating for freedom of expression, justice, equality, transparency, and accountability in government. Mr. Soros has worked with different forms of people facing discrimination including drug users, LGBT individuals, and sex workers. George’s passion for helping the discriminated emerges from personal experiences having lived through the Nazi occupation that led to the murder of more than 500,000 Jews. George Soros and his family managed to survive by obtaining fake documentation, and he fled Budapest in 1947 for London.

On moving to London, Mr. Soros enrolled at the London School of Economics while working part-time as a railway porter and waiter at a nightclub. Later in 1956, George relocated to the US where he began his finance profession working at a merchant bank. In 1970, Soros founded his hedge fund dubbed the ‘Soros Fund Management’ and has since evolved into one of the most successful investors in American history. Forbes featured George for his bet against the British pound that broke England’s monetary system overnight and made him lots of profits.

Given his vast fortune, Mr. Soros launched the Open Society Foundation, a system comprising of foundations, partners, and projects in over 100 nations in Africa, Asia, and the US. The organization aimed to offer generous aid to help several communities in different parts of the globe. For instance, Open Society Foundation offered scholarships to South African under apartheid. Besides the organization in the 1980’s assisted in promoting an open exchange of ideas during the Communist Eastern Bloc after it gave photocopiers to reprint banned texts. In the 2000s, Soros was on the forefront to advocate for same-sex marriages in the United States and more information click here.

Additionally, George Soros has also financed paralegals and attorneys representing millions of persons detained illegally. George has gone beyond Open Society Foundation horizon to support independent establishments like Global Witness, the European Council on Foreign Relations, the Institute for New Economic Thinking, and the International Crisis Group.

Besides his benevolent nature, George Soros is also an influential political figure worldwide. Such recognition emanates from his several years’ experience in restructuring the political domain of different countries across the universe. For instance, George has led to the collapse of several regimes that had stayed in power for many years. Mr. Soros is a liberal and a critic of the current president of the United States, Donald Trump and Follow his Twitter.

Earlier on Soros had donated over $27 million to help remove President Bush from office after which he decided to stop financing politics. Nevertheless, he came back into the scene to back up Hillary Clinton’s candidacy by giving out nearly $ 25 million to fund her campaigns as well as other democratic candidates.

More Visit: https://www.theatlantic.com/magazine/archive/1997/02/the-capitalist-threat/376773/

George Soros achievements

George Soros is a famous self-made billionaire and widely recognized for his philanthropic work and investment savvy. Mr. Soros was born on August 12th, 1930 in Hungary. Mr. Soros was lucky to survive the Nazi occupation that was followed the communist law in Hungary in the 1940s. He fled to London where he enrolled in university and obtained a degree in economics. He later moved to New York in the United States and ventured in the finance industry. He started his philanthropic work in 1979 and by 2012; he had donated more than seven billion US Dollars through His Open Society Foundation.

Soros established the open society foundation in 1984. The foundation funds many global initiatives to advance education, justice, business development, public health and freedom of media. The causes that t the foundation supports with funds are many, they include funding arts, helping regions affected by calamities, creating after-school programs in united states, assisting Russian university system with finances, fighting disease and fighting for human rights in Eastern Europe and read full article.

George Soros has seen and passed through many things. Books have been in print for him, and he personally has written books. He has been invited to deliver several speeches during motivation platforms not to mention the many interviews he has held to discuss issues related to philanthropy, politics, and fiancé. Some of the famous books that Mr. Soros has written include the George Soros on Globalization, Crisis of Global Capitalism and Underwriting Democracy. Soros also has co-authored several books like the New Paradigm for the Financial Markets and Tragedy of the European Union. He also has a wide knowledge of economics. His illustrious career has made him be awarded many honorary degrees. He received an honorary degree from Yale School of Management and University of Bologna and learn more about George Soros.

Other reputable institutions that have awarded George Soros with honorary degree include the University of Oxford and the Corvinus University of Budapest. Finally, the New School For Research has also recognized George Soros for his standard work in economics and finance. All these awards made him receive the mother of all wards; Institutional Investors Alpha Award which Soros name to be featured on Hedge Fund Manager Hall of Fame. It means that his name will always appear alongside other successful people recognized by hedge fund managers and George Soros’s lacrosse camp.

One of his earlier philanthropic works that touched many people is when he funded black university students to continue their education in South Africa. This was a gesture he used to fight apartheid rule that was oppressing native South Africans. His organization spends close to 500 million Us dollars annually to fund his philanthropic work around the globe. Soros is a man who has changed many people’s lives around the globe and impacted them positively and more information click here.

More Visit: https://www.georgesoros.com/philanthropy/