BUsinessman

Sahm Adrangi Takes on the Bull Market with Three New Shorts

While a lot of investors are headed away from hedge funds and other methods that involve fundamental analysis, Sahm Adrangi and his team at Kerrisdale Capital Inc. are still choosing these ways of investing instead of choosing the more mechanical approaches that seem to be popular today. For Sahm Adrangi, it hasn’t been difficult for his company to find success by choosing good stocks for long-term investments while choosing bad stocks to take a short position on. There is still room in the bull market for the type of fundamental investing that Kerrisdale specializes in.

There are a couple of companies that Kerrisdale has taken a short position on that have been garnering a decent amount of interest by investors and the media. One of these is the biotech company called Proteostasis and their leading drug candidate that was designed to treat the crippling disease cystic fibrosis. While their Phase 2 data from testing may appear to be positive, Sahm Adrangi believes that the data released was designed to be intentionally misleading. As a well known activist investor, Sahm Adrangi has shorted the stocks of several other biotech companies who were using the same tactics in order to push an ineffective drug to investors.

Along with Proteostasis, Kerrisdale has their eye on a company in a completely different industry: real estate development. The company St. Joe may have had a good amount of success developing land on beachfront property in Florida, but the same cannot be said for a large tract of land located in Central Florida that can only be best described as swampland. Investors into this development have been waiting for around 10 years to hear news about returns, but they have been rather quiet and there has been little to no progress when it comes to making changes to this property and there is no indication that this will change any time in the near future. In order for the company to meet the expectations and valuations that they had presented to investors, they would have to have sales that would set impressive records throughout the United States.
https://www.prnewswire.com/news-releases/sahm-adrangis-kerrisdale-capital-issues-negative-report-on-the-st-joe-company-and-announces-conference-call-schedule-300635156.html

The Career Steps of Louis Chenevert

Success in the investment world does not happen in a fortnight. It takes time to cultivate and establish one grounds. The investments world is not for the individuals who give up the moment they begin facing difficulties. It is for people who use the challenges that come along their way to their advantage. One of these individuals is Louis Chenevert. Louis Chenevert is the former Chief Executive Officer of the United Technology Corporation (UTC).

Louis Chenevert has had multiple successes in his career and has been awarded severally. He is said to have a hand in more than 50 successful conglomerates. Well besides passion, Chenevert’s dedication to his work is not that of an average man. Everything he decides to do, he gives his all to bring to reality.

It is worthwhile to note that in every organization he worked, he acquired a hiring role. He also made a difference in all firms. After school, he worked at the General Motors. Here, he worked for more than a decade. His hard work and diligence led to his promotion. He became the overall manager of the Production department in the firm.

In 1993, he began his reign at the Pratt & Whitney Company. The firm specialized in engine manufacturing. The unit that Louis was assigned began to make a tremendous improvement. This led to his promotion to the President of the firm, in less than a decade.

At the time the Pratt & Whitney Company was a branch of the UTC Firm. Seeing the difference Louis was making as the President of Pratt & Whitney, they made him the CEO of UTC. The nomination happened in 2006. During this time, the company was experiencing a financial crisis, and therefore not the most suitable time to be appointed as the CEO of a firm. However, Chenevert being the intelligent investor he is, still improved the state of the firm. In fact, instead of the value of the shares decreasing, it doubles by 200%.

Louis says that he was able to achieve the success through creativity and innovation, as well as having a cooperative team to back him up in his job.

https://medium.com/@louischenevert6/who-is-louis-r-chenevert-c1ae95052bce

The Incredible Career of Logan Stout

An extremely successful business owner, entrepreneur, speaker and trainer, Logan Stout has reached levels of success that few people reach during their lifetime. The Founder and the CEO of IDLife, Stout has put together an impressive resume that is respected by many people across the globe. Stout has created a tremendous track records for excellence in leadership and is responsible for generating billions of dollars in revenue throughout his career.

Currently, Logan Stout has focused his efforts on the health industry. In 2014 he helped to launch IDLife, a company that produces healthy products made with the highest quality ingredients available. In just a short time the company has seen tremendous growth. They have partnered with well known people Troy Aikman, trainer Jen Widerstrom and billionaire Darwin Deason. Stout’s company has become committed to serving the health needs of millions of people, educating them on the importance of health and wellness and to giving them the best in quality nutritional products. During their short existence, the company has been recognized for their success. Just last year, IDLife was named one of the Top MLM Companies in the world.

The list of successful people and companies that Logan Stout has partnered with is extensive. In 2013 he published the book “Stout Advice.” The book was endorsed by Barbara Corcoran and Daymond John of ABC’s Shark Tank. Stout and his work has been featured in a number of publications including The Philadelphia Life Magazine, The Dallas Morning News and eve The New York Times. Furthermore Stout has made appearances on CBS Radio, Fox and The Ticket. Stout has even been named “Man of the Year” by the Philadelphia Life Magazine.

An author himself, Logan Stout has partnered with many several speakers and authors. Sharing a desire to bring leadership to every nation in the world, he has partnered with well known speaker John C. Maxwell.

Today Logan Stout resides in Frisco, Texas, with his wife Haley and their two sons. He continues to be committed to philanthropic efforts working with groups like the Boys and Girls Club, the American Heart Association and the founders of Youth Athletes Foundation. His impact continues to be widespread. With such an incredible history and track record, Logan Stout is sure to continue making an impact for many more years to come.

Logan Stout’s Social Media: www.facebook.com/TheLoganStout

Tony Petrello- Business executive and philanthropist

Tony Petrello is a business executive as well as a philanthropist. He is known by many for his excellence in business management. He is the CEO in the country who have stood out for his exemplary work in the drilling industry. Since he joked the industry more than two decades ago, he has managed to lead the industry on a journey of transformation. As the CEO of the largest drilling firm in the world, his actions have an impact on the whole industry. Tony Petrello has been a brilliant manager who has implemented measures that are advantageous to the company he leads. He is the current CEO of company known as nabobs Industries. This is the company that he has been working for in his entire career in the drilling industry. Nabors Industries is a leading company that deals with drilling and exploration of oil and natural gas.

As a business executive, his role in the company has been to guide the company in its operations. He makes decisions on behalf of the company on major steps that the company needs to take so that it can succeed in business. Tony Petrello always comes up with innovative ways of doing business. He is the reason that the company has been able to outsmart all other firms in the industry. Innovation and ability to solve problems have been key for the company.

Tony Petrello found the company when it was struggling to establish itself. He came up with a plan to acquire some of the small firms in the sector. This is an action that influenced the company’s ability to develop and grow its operations to other parts of the word. Nabors Industries is currently in more than 25 countries. These are countries that have oil or natural gas resources. It has expanded its operations to almost every continent in the world.

Tony Petrello is leading the world in transforming of the drilling sector. This has been made possible by the technological development that has been carried out by the company. Nabors Industries today has the best drilling rights in the whole world. This makes it have an upper hand when drilling services are being sought.

Tony Petrello philanthropic life has been characterized by acts of donations to various causes. One of the causes that he has passionately supported is the development of a research center that deals with brain research on a cure for neurological diseases treatment.

Tony Petrello info: en.wikipedia.org/wiki/Nabors_Industries