In a recent article, Kerrisdale Capital Management which is run by Sahm Adrangi issued a report portraying the ill business that the Eastman Kodak Company was doing. In the report, Kerrisdale pointed out that Eastman Kodak, which focuses on print media, made the announcement about partnering to open a licensing platform for blockchain-enabled image just for ICO craze chase. Kerrisdale under the leadership of Sahm Adrangi has been exposing companies that are involved in ill practices for a long time.
The thirty-seven-year-old, a graduate in Bachelor of Arts in Economics from Yale University, is a chief investment officer and founding father of Kerrisdale Capital Management based in New York; a firm that he was widely involved in all its aspects during founding in 2009. He is said to found the company by investing under $1million and worked its way tremendously to operate at $150 million as of 2017.
Mr. Adrangi’s financial career started off working in credit at Deutsche Bank as well as serving as an advisor to creditor committees in tough situations at Chanin Capital Partners. His assignments at the banks included representing bankrupt companies, creditors of other distressed companies, bank debt holders and even bondholders. Before all his work at Kerrisdale he spent time at Longacre fund Management; a private investment partnership which quoted of $1.2billion in assets in its management as of the end of the year 2008.
In 2013 Sahm Adrangi continued to take steps in his activism by engaging with Lindsay Corporation management. His role in activism didn’t start here; it can be traced way back to 2010 which was the year he struck his name on the news for exposing the Chinese financial scums all through 2011 and forced some of the companies under the limelight of enforcement actions from the securities and exchange commission.
Sahm Adrangi has made his name in the research world through short selling and publishing work. Through his firm, he shares his views on stocks as his firm’s research work targets to do away with misconceptions held in the markets about companies’ fundamental business prospects. See Related Link for more information.
Sahm Adrangi firm has also done publishing work in other sectors including mining, telecommunication, and biotechnology fields where the firm has found numerous success example by exposing the weakness in proposed projects in the telecommunication field.
Mr. Sahm Arangi has used his in-depth research work to take down fraudulent U.S listed Chinese companies and has shared his experience and work by giving speeches in conferences and other interviews as well as being captured in major publications such as the wall street journal.