Sahm Adrangi; The Short Seller That Has Raised $100 Million To Bet Against A Company

Information coming from a reliable source reveals that Sahm Adrangi of Kerrisdale Capital Management has raised a whopping $100 million from investors to bet against an unnamed company.

It is not uncommon for managers of hedge funds to raise funds for investment opportunities. Such funds could be invested in the recovery of distressed energy companies or any business opportunity that offers a high return on investment. But Kerrisdale has a different intention for its newly raised fund; the New York-based firm plans to use this fund to short the stock of a public company that is soon-to-be-unveiled.

In an email written to investors, Adrangi revealed how much funds he had raised, which he believed was a testament to the authenticity of his investment thesis. Adrangi also revealed that the market capitalization of this unknown company was north of $10 billion. The email equally disclosed the strategies Adrangi and Shane Wilson, an analyst at Kerrisdale, plan to use to convince more investors of the theory. These strategies include report, website, video etc.

According to the source of the story, the identity of the company will be revealed by the middle of May. The source had spoken on the condition of anonymity considering the fact that the information was not yet intended for the public. The hedge fund had since begun making preparation to take a strong position in this mystery company, this included buying of stocks.

Kerrisdale which has over the years built a reputation for betting against companies now has a financial portfolio worth approximately $500 million. Some of the companies that it has bet against in the recent past include satellite company Globalstar and Sage Therapeutics, a company with a specialty in drug manufacturing.

The source also revealed that in the last five years, Kerrisdale has enjoyed an average annual return of approx. 28%. Although its current and most recent position is that of betting against a company, Kerrisdale also bets for companies that it believes worth it.

Mr. Adrangi, who is the founder and CFO of Kerrisdale Capital Managment founded the company in 2009 with less than $1 million. The fund has since then grown. As at July 2017, the firm manages funds worth $150 million. Mr. Adrangi holds a Bachelor degree in Economics from Yale University. He began his career at Deutsche Bank and also spent years working at Longacre Management.

Mr. Adrangi has built a reputation for short selling and publishing research. His first major short was of Chinese companies, some of which include China Marine Food Group, Lihua International, and China-Biotics. Some of his area of focus includes the Biotechnology sector, the Mining sector, and the Telecommunication sector.

After the publication of my piece titled An Ode To Those Who Wander I had a chat with a Wall Street Bond Trader who eventually turned hedge fund credit portfolio manager on the issue of GNC Holdings, Inc. This piece is a brief summary of his 12 years run on Wall Street.

After graduating from Penn State, he was able to secure an internship at Merrill Lynch credit desk. He spent three more years at the firm trading credit before moving to Longacre, the $3billion hedge fund. His time at Longacre overlapped with that of Sahm Longacre, the CFO, and founder of Kerrisdale Capital Management. After Longacre, he moved over to Paulson and Co. He later became Credit PM at Bowery Investment Management.

In June of 2015, he made a life-changing decision and quit Wall Street, citing long hours and the high cost of living in NYC, amongst other things.

Read More: www.crunchbase.com/person/sahm-adrangi

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Bridget Scarr Shares Vital Nuggets of Wisdom to Aspiring Entrepreneurs

Bridget Scarr is a veteran UK-based executive producer and a TV content writer. For the past 15 plus years, the ambitious professional has overseen the creation of compelling TV content that has appealed to viewers of all ages and backgrounds. She specializes in developing virtual and augmented reality shows, factual TV shows, and inspirational dramas.

 

Scarr possesses the proverbial Midas touch as all her productions always leave the viewers yearning for more and more. Bridget’s finesse in the industry has landed her countless animation and advertising gigs with a plethora of UK-based and global media firms. The Exec producer operates from the world-renowned Colibri Studios in the UK.

 

Bridget’s Candid Interview

 

Bridget Scarr recently did an interview with Ideasmensch.com and here’s what she had to say about her career and life, in general. Asked about how her typical working day looks like, Bridget confessed to being an avid meditator. It’s only through deep soul-searching and reflection that she’s able to conjure up the energy and the creativity to perform her work. After a long day attending to the needs of her studio, the media guru enjoys going for long walks with the kids.

 

Meditation Works!

 

Ideasmensch also inquired about her creative process. In response, the producer replied and said that she loves to totally immerse herself into the project at hand, above all else. To have a better understanding of the project, the media personality takes into account the history and the culture of the intended target audiences. All through the interview, it’s clear that she’s focused most of her energy and time on the virtual and augmented reality trends.

 

Overcoming Adversity

 

The celebrated producer claims to be a fervent believer in magic. If Bridget could turn back time, she would probably be bolder and more daring with her career decisions. She advises us to frown all forms of fears if we wish to be as successful as she’s turned out. On failing, Bridget says that you won’t always get it right the first, second or even the third attempt. Those failures ought not to discourage the entrepreneur. If anything, obstacles are critical learning experiences that harden your resolve to be the best. Here’s the link to the candid interview.

 

The Rhodes University graduate loves to share with her fans and followers via her social media accounts. Find her on Facebook, Twitter, and LinkedIn.

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Freedom Debt Relief – Possible Debt Settlement Options

Freedom Debt Relief is an American debt settlement company founded in 2002 by Stanford Business School Graduates Bradford Stroh and Andrew Housser. With its headquarters in San Mateo, California, Freedom Debt Relief enables heavily indebted consumers who are experiencing financial difficulties avoid bankruptcy by negotiating on their behalf and taking care of their unsecured debt at a discount to what they actually owe.

 

Being one of the leading companies for debt settlement, Freedom Debt Relief has enrolled over 400,000 clients. The company helps clients achieve financial stability and security by using outstanding debt negotiation strategies that save as much money as possible to any clients that seeks its services and learn more about Freedom Debt Relief.

 

With its careful consideration to individual client needs, keen attention to detail and the experts and debt consultants who handle each client with courtesy, Freedom Debt Relief is always the number one choice for most of the clients who may be on the brink of bankruptcy and in need of debt relief. In many cases, sometimes the clients do not easily admit that they are in need of debt relief but their debt negotiation experts can devise individualized, custom solutions which help clients in need get the true picture of their situation, then come up with a step by step procedure which will enable the clients achieve financial health and at the same time maximize their savings and Freedom Debt Relief’s lacrosse camp.

 

Freedom Debt Relief has a distinguished reputation among creditors and clients. Testimonies and reviews from clients reveal, not only the emotional relief and the piece of mind they get after getting the services, but also how much they enjoyed the courtesy, careful guidance and tender care throughout the entire process. Clients disclose that Freedom Debt Relief, not only seeks to settle their debt burden, but is always willing to go that extra mile, to ensure that their get financial being post debt relief and their Facebook.

 

Having resolved cumulatively close to $7 billion in debt, the company has pushed financial management to new heights, raised the bar for their competition and above all improved the lives of hundreds of thousands who have benefited from their services. The company also engages in philanthropic activities such as support for youth programs and disadvantaged children as a way of giving back to society and Twitter.com.

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Under Jose Auriemo Neto, JHSF soars to new heights

After taking over the company his father founded in 1972, Jose Auriemo Neto, one of the leading real estate developers in the country of Brazil, began growing the company beyond anything that his father could have possibly imagined. Throughout the 2000s and 2010s, Auriemo Neto oversaw the IPO of the company, generating more than $100 million in capital. He was also able to complete some of the most ambitious projects that the country has ever seen, including the Parque Cidade Jardim and the General Motors Brazilian Proving Grounds.

Auriemo Neto’s father, Fabio Auriemo, founded the company in 1972 at a time when Brazil was still very much a developing country. Over the course of the next three decades, Fabio Auriemo would build the company into one of the most important real estate development firms in the country, completing some of the most luxurious hotels, sprawling condominium complexes and high-end shopping malls that the country had ever seen. This helped attract the elites of other countries to Brazil, creating vast influxes of new capital and causing cities light Sao Paulo to become trendy destinations for the global, jet-setting elite.

But when Fabio Auriemo decided to hand over the reins of the firm to his son, Jose Auriemo Neto, in 2001, the latter was well prepared to take the company into the future. Auriemo Neto immediately moved to implement his new vision. He began developing some of the most ambitious projects the country has ever seen, including the Parque Cidade Jardim and the General Motors Brazilian Proving Grounds. This latter project created hundreds of thousands of new jobs in the area of Sao Paulo state, becoming one of the most important sources of economic development in the past 20 years.

Auriemo Neto first spotted a dilapidated slum adjacent to one of the most highly trafficked highways in the state, and he decided to look into building the Parque Cidade Jardim. After conducting that number of feasibility studies, Auriemo Neto determined that the Parque Cidade Jardim was a viable project. Over the next two years, he built a sprawling, mixed-use luxury development, featuring nine condominium towers, four Class A office space towers and a 180-store luxury shopping center that included Luis Vuitton, Reebok Academy and a Cinemark mega-theater.

http://www.guiainvest.com.br/mural/jhsf3.aspx

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Todd Lubar: A Real Estate Originator

Todd Lubar; the current President of TDL Global Ventures, is also the Senior Vice President of Legendary Investments. In addition, he owns and manages various real estate companies. Lubar studied credit and finance and has been involved in the real estate market in Baltimore, Maryland for more than 20 years. Home buyers looking to make personal financial gain look to Lubar as their top candidate in the real estate sector.

Todd Lubar worked for Crestar Mortgage Corporation soon after he graduated from Syracuse University. He went on to work for the corporation through to 1999. Later on, he moved to Legacy Financial Group becoming one of the top most producers in a not so long period around the Maryland area. He aided in the production of several million dollars a year in loan volume. In Charter Funding, he became Senior Vice President of the company. This was during the height of chaos in the mortgage industry. Check out LinkedIn to know more.

Being one of the nation’s top 25 mortgage originators for so many years, Todd Lubar depends on his strong knowledge in sales to keep growing. Giving back to the community and his business were his passion. In an attempt to build his presence in Maryland, Todd Lubar continues community volunteering and expanding his business. Ever since, he has been active in the real estate market in Maryland. For more details you can visit Inspirery.

As a young lad, Todd Lubar went to Sidwell Friends School before proceeding later on to graduate from Syracuse University with a Bachelor of Arts in Speech Communication in 1995. He worked at a grocery store while in high school for a year. Not only did Lubar realize the value of money and working hard, but also that the grocery business was not for him.

The loving father also shows an interest in keeping fit as he works out every day before heading to the office, keeping him energized throughout the day. Being organized and involved in his various businesses helps him make more informed decisions and hence a better entrepreneur.

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Luiz Carlos Trabuco Cappi’s Rise Inseparable From The Rise Of Bradesco

It is rare that an employee who starts out at the lowest position in a major corporation goes on to completely transform the entire business of his firm. But every once in a while, someone truly unique comes along and changes the way that massive corporations do business.

Luiz Carlos Trabuco Cappi is just one such story. The current CEO of Bradesco, one of the largest banks in Brazil, started out his career with the firm when he was just 18 years old. Over the next 48 years, he would rise slowly but steadily through the ranks, moving up the old fashioned way, through hard work and talent.

But Trabuco Cappi was more than just an ambitious employee with a strong work ethic. Over his career, he slowly began exerting ever more influence over the entire corporation itself, making profound changes to the way in which the bank approaches its business. More than just a CEO, Trabuco Cappi has risen to become something like the soul of the firm he leads. In fact, it can be argued that Bradesco never would have made it out of the starting blocks had Trabuco Cappi not been part of it.

The founders aren’t always the most important people in a company

When Luiz Carlos Trabuco Cappi graduated from high school and went looking for his first job in the summer of 1969, he had no preconceptions about what it was he wanted to do or even what type of work he would prefer. He saw a help wanted sign at a local bank and applied for a job as a teller. He was quickly hired. The bank’s name was Bradesco, at that time, a small local bank in the town of Marilia that had just a couple branches.

Throughout his first year, Trabuco Cappi proved himself to his superiors as a hard worker and quick learner. By his fifth year with the firm, he was managing his own branch. Within a decade, he was a regional manager for the now quickly expanding bank.

Throughout the decade of the 70s, Trabuco Cappi not only gained extensive experience in all aspects of the banks business but was also able to put himself through college. He eventually got an undergraduate degree in business administration and a master’s degree in social psychology. By this time, he had proven himself as a capable manager and was being looked at by the firm’s top brass for a number of executive roles. In 1984, he got one.

Appointed to the helm of the firm’s director of marketing department, Trabuco Cappi found himself in his first real position of influence within the company. He immediately began making deep changes to the way in which the company marketed itself and interacted with both the media and the public. Forging strong ties with local media personalities and engaging in charity work, volunteering and other high-visibility acts of community service, Trabuco Cappi quickly overhauled and greatly improved the bank’s public image. Under his watch, the marketing department successfully began driving sales far higher than they had ever been.

In 1992, Trabuco Cappi was again promoted, this time, to the head of the financial planning division. It was here that he began making serious changes to the way in which the bank operated. Prior to his tenure, the bank had held the philosophy that all customers should be treated equally, no matter what their value to the bank. Trabuco Cappi scrapped that idea. Luiz Carlos Trabuco Cappi created Bradesco Prime, a high-end banking service for wealthy individuals that features separate, luxurious facilities, 24/7 personal bankers and luxury comps like airline tickets and hotel rooms.

The strategy worked. Bradesco quickly became the Brazilian leader in high-net-worth personal banking, bringing in tens of million of dollars in new business. By the time Trabuco Cappi was again promoted, the financial planning division had grown to almost 30 percent of the firm’s total revenues.

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Beneful has Beneficial Prices at Walmart

Treat your dog to a healthy meal that is filled with nutrients and flavor. Beneful dog food is a favorite choice of dog owners and their pets. Walmart is the one shopping store that has all of the Beneful products that you need for your dog at affordable prices. You can save 20% on all sizes and flavors at Walmart. Beneful Prepared Meals and Chopped meals in the ten ounce tubs are only $1.92 for individual tubs. These tasty treats also come in the 8-pack, 10 ounce. The Beneful Originals with real beef, and the Healthy weight with real chicken dry food in the 15.5 pound bag are just $13,78 The 40 pound bag of Originals sell for only $33.98. Be economical and save even more with the 40 pound bag. Also available at Walmart is the Originals with real salmon in the 15.5 pound bag for $13.98. Your dog will be constantly wagging his tail for the different taste of real salmon.

A special taste for dogs is the Beneful Chopped Blends with real chicken, peas, carrots and wild rice in the 10 ounce size for $1.92. These are real ingredients for a real tasty wet meal. In the dry variety, there is the Incredi-Bites with real chicken, and dog food. Beneful also has a special blend dog food for puppies and one for senior dogs. Walmart has rolled back their prices and maintain their price as being lower than the competitors. Their everyday price is the rolled back savings. Walmart does not normally offer coupons because it is marketed as a discount store with already lower than average prices. Some coupons may be offered by sources other than Walmart. If presented, they will be honored. Walmart does, however, offer sales and specials weekly. Various items can be bought at tremendous savings.

https://www.beneful.com/products/wet-dog-food/

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The Life and Career of Israeli Born Philanthropist Adam Milsein

Adam Milstein is an Israeli born US-based real estate investor and philanthropist. Born in Haifa, Israel in the early 1950s, Adam Milstein has established himself as a premier real estate manager in the Los Angeles area and the entire state of California. His efforts in the charity and philanthropy via the Adam Milstein and Gila Family foundation are, however, more noticeable. He attended one of Israel’s most prestigious universities, Technion where he graduated with a degree in business and economics. Adam Milstein also holds a Master’s in Business Administration from the University of Southern California. He also served the Israel Defence Forces in the Yom Kippur War and read full article.

 

Professional Career and Philanthropy Efforts

Adam Milstein is an accomplished He has years of experience in both profit and non-profit worlds, which has put him among the ranks of some of the most prominent philanthropists in the united states. Adam Milstein spent his childhood in Israel and only moved to the united states after the completion of his bachelor’s degree. Its only after completing his post-secondary education and building a sustainable career as a real estate manager in Los Angeles, California that he and his wife started the Adam and Gila Milstein Family Foundation and follow his Twitter.

 

Strengthening US-Israel Relations

The focus of the Adam Milstein and his wife Gila’s cofounded foundation is the strengthening of the US-Israel relations, the state of Israel, and the Jewish people. The foundation works in tandem with a number of other charitable and philanthropic organizations with common goals. The assistance provided goes beyond financial help, the Adam Milstein and Gila Family Foundation commit what is referred to as ‘active philanthropy’ where it extends skills and lessons learned by its staff to partner organizations with the goal of increasing efficiency and increase reach. Adan Milstein has made his name as an authority on philanthropy and advocacy over the years and Adam’s lacrosse camp.

More Visit: https://www.facebook.com/adammilsteiniac/

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Jason Hope: Optimism about the Internet of Things

Jason Hope is one of the most successful American tech entrepreneurs. Aside from dealing with businesses, he is also working as a commentator, a writer, and a futurist. He is one of the advocates of Internet of things and looks into the future with a lot of optimism. He considers the future to be a place where the possibilities and opportunities are endless, and he is excited about the potential technologies that will be introduced to humanity.

The Internet of things is a concept that has been turned into a reality today. It states that things can communicate with each other wirelessly, performing tasks altogether, achieving the same goal. This concept developed into technology that we know today – Bluetooth, Wi-Fi, etc. These wireless technologies allow devices to connect to the internet to automatically update themselves by downloading additional software or program that would enable them to perform better. Other times, devices would connect with each other to become a single device that can be used for work or any other tasks, like the computer and all of its accessories. Jason Hope states Internet of things is the future of society and that in a few years from now, more and more appliances, and even vehicles, can interact with each other. He is looking at a future wherein roads can communicate with driverless cars for a safer travel; where homes can become self-aware; and when communication becomes more accessible even to the far-flung places on earth.

As a kid, Jason Hope loves watching science fiction themed shows and movies. He loved how these shows depict the future, and as soon as they became a reality, Jason Hope knew that the future would be more exciting. He built his own company which would help the youth develop their ideas for the future. He would allow them to conceptualize anything that they think would become a reality in the future, and most of the inventions being sent to his office were made by children who have unlimited ideas and concepts. He would like to cherry pick the design that can be created using present technology, and he provides financial assistance to the chosen concept. He believes that by continuously educating the children about the potential of the future, they will become more excited and bright ideas would spontaneously form.

Jason Hope is confident that with the help of the younger generation, the world will become better in the future. He dismisses the possibilities of war and a post-apocalyptic world but instead focuses on the fact that with the help of everyone, the future can reshape humanity as an advanced civilization traveling from one galaxy to another, harnessing the technology that they have developed since the beginning of time.

Jason Hope Info: www.linkedin.com/in/jasonrhope

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Fabletics Is Leading the Way When It Comes to the Power of the Crowd

The power of the crowd is playing a role in customer purchases that just keeps on growing. As highlighted in a recent HuffPost article, the top brands are now all realizing the power of the crowd and are tapping into it to increase sales and revenue. This is a shift in customer behavior that has grown even more apparent in recent years, and according to everyone’s predictions, this shift will become even more prevalent as the years go by.

 

Fabletics is one company that is leveraging the power of the crowd. It launched in 2013, and since then has seen a growth rate of over two hundred percent. Shawn Gold, who is the Corporate Marketing Officer of Fabletics’ parent company, Techstyle Fashion Group, attributes this unprecedented growth rate to their leveraging the power of the crowd.

 

The power of the crowd refers to the power of online reviews in the current age of shopping and commerce. It applies whether or not your business sells things online or offline, because people always search for reviews and ratings before they buy something, even if it is in a store. Sites such as Trust Pilot and Yelp are places that people go to, and they trust the reviews they see on there.

 

How much do people trust online reviews? A study by BrightLocal revealed that a whopping eighty four percent of people trust online reviews as much as they trust a recommendation from a family member or close friend. They do this study every year, and the percent of people who trust online reviews only grows each year. The founder of Trust Pilot said that research shows that trust in brands is at an all time low, and that people are trusting reviews from other customers rather than the marketing and advertising put out by brands.

 

Another reason why the power of the crowd is so powerful is because of the frequency of the research that people do online. Over half of the people who took part in the research said that they do online research about a product at least once a month. This is twenty three percent more than last year, which shows that the rate of how often people are looking for reviews online is rising very quickly.

 

Other companies are looking at Fabletics’ success and are realizing the power that is hidden in the crowd. L2, a research group, found that seventy six percent of the top brands are now featuring online reviews and testimonials on their site. The number of overall brands which include reviews on their site has increased by seventy percent since 2014.

Fabletics has a great supporter in Kate Hudson. Kate Hudson was the star in Almost Famous, a highly popular film. She has been with Fabletics since day one, helping them develop their marketing strategy and giving them ideas to help them fuel their growth. She is a big supporter of the Fabletics model, and many believe that she is the reason why Fabletics managed to be so successful.

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