CEO

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

National Steel Car Has The Experience Of Gregory Aziz Behind It

National Steel Car is in a better place than it has been in more than 70 years thanks to the efforts of Gregory James Aziz and the expertise he brings to the table. Gregory Aziz and his team have been working hard to make the company better and stand out in the market and they have certainly done so over these last 10 years. There was a time when National Steel Car fell behind and couldn’t keep up with the demand of all its clients, but that is no longer the case with Gregory’s new strategies in place. Everyone at the company knows what they are doing and every client gets what they need according to their specifications.

In the past, Gregory Aziz worked at different jobs after graduating from college, including the banking business, but this wasn’t a good fit for him. He also joined up with the family business for a time, which gave him good ideas and taught him to think on a larger scale when it came to corporate dealings. One of Gregory J Aziz’s goals was to help the community and give back as much as he could, which he wasn’t able to do working only benefit another company.

It took Gregory J Aziz a little while to find the company that he wanted to invest in, but once he did he took no time at all to start making it better. It is important to Gregory to show people that things can be improved no matter what state they are in, and new ideas can always create new success. This is why Gregory puts a strong emphasis on the team behind the company and ensuring everyone is happy as well as included. The more he puts into his business and employees, the more he will get back in return.

 

Before Gregory got his hands on National Steel, he had to buy it from DOFASCO. His first mission was to expand the company to new areas and bring back its former demand. Given the state of the company, there were many things that could be improved and Gregory had the experience to improve everything. Many people today are experiencing the benefits of the company’s growth, from employees to clients. The company is still growing today and Gregory J Aziz continues to promote the business in positive ways.   See This Article to learn more.

Gregory Aziz Brought Transformation, Innovation To Businesses Big And Small

1National Steel Car is a company with a pedigree quite unlike any other major North American heavy equipment manufacturing corporation. It was founded more than 100 years ago by one of Canada’s most illustrious figures — Sir John Morison Gibson — lawyer, distinguished military hero and former Lt. Governor of Ontario.

 

National Steel car has been building railroad “rolling stock” cars across a century of history that has seen two world wars, astounding changes in technology and revolutionary transformation in the way major transportation infrastructure is accomplished.

 

But perhaps what is just as amazing is that National Steel Car’s largest transformative event came in 1994 — that’s when Gregory James Aziz organized the purchase of the company from Dofasco. His seminal goal was to acquire an organization whose greatest days seemed to be behind it and transform it back again into an industry-leading, world class business.

 

That’s exactly what Mr. Aziz did as Chairman and CEO of National Steel Car.

 

When Gregory J. Aziz took over National Steel Car in 1994, the company was putting out 3,500 freight cars per year. By 1999, that number increased to an astounding 12,000 unit per year. It blossomed from 600 employees to 3,000. Based in Hamilton, Ontario, National Steel Car is now the largest producer of rolling stock in Canada and a critical resource worldwide for the train and transportation industry.

 

Greg (sometimes called James Aziz) is a man clearly born to be in business, but his beginnings were far from building transportation infrastructure. Born in London, Ontario, in 1949, Mr. Aziz studied economics at the University of Western Ontario. He then began his real-world experience in his family’s business Affiliated Foods.

 

Mr. Aziz transformed what was then a small, family owned operation into a national player in the wholesale food industry. Under his guidance, Affiliated Food established a global reputation as a premiere importer of fresh food from Europe and as a distributor to markets all across Canada and the United States.

 

Always looking for new opportunities and way to exploit his keen interest in all aspects of business and finance, Greg Aziz spent time in New York working in the banking industry. What he learned about banking and finance proved invaluable when it came time to organize a buyout of National Steel Car.

 

The rest is history. For more than 30 years, Gregory Aziz has helmed what remains among the most innovative, robust and constantly growing rolling stock company in North America and the world.   See This Page for additional information.

Some Thoughts From Shervin Pishevar

There were some big thoughts on the Twitter account of Shervin Pishevar recently. He has to put out some ideas about what he thought about the state of the economy and the world in general. He wanted to make sure that he put out these ideas in a way that people could understand. He broke down some ideas such as this.

Startups Are Not Going To Have As Many Benefits As They Once Did

Shervin Pishevar says that startups are not going to have the kind of key advantages that they did in the past in America. He says that so much policy has focused on helping the biggest of the big corporations with their goals. While that may have seemed like a good idea in the short run, the reality is that it does not work well for things in the long run.

Of all of the people to talk about this idea, Shervin Pishevar is among the best to make this point clear. He points out that startups such as Uber and Airbnb once had a big advantage in America. He thinks that they may be the last of the great startups to start in America.

Bitcoin Is Overpriced

Shervin Pishevar is not the first person to say that Bitcoin is overpriced, but he honestly believes it. He thinks that it is reasonable to believe that the cryptocurrency does have some value to it in the long run, but he thinks that the price that it has reached as of late has gotten out of hand. He thinks that those who have put so much of their faith in Bitcoin are putting themselves massively at risk.

He would like to see Bitcoin pull back to at least between two-thousand and five-thousand dollars per coin before he would ever recommend making a move into the currency. Shervin Pishevar made that very clear when he put out his thoughts on Bitcoin on Twitter.

These are two of the areas that you could have learned a little something about if you had been a reader of the Shervin Pishevar Twitter account.

https://www.ogilvy.com/tag/shervin-pishevar/

DAVID ZALIK: GREENSKY CREDIT ONLINE LENDER

Founded in 2006 as GreenSky Trade Credit LLC by David Zalik, GreenSky Financial LLC is a private equity firm based in the Southern state of Atlanta. It changed its name in December 2015 and offers quick and paperless financial services, credit and consumer lending to businesses through its online platform. It helps enterprises provide credit to their customers by acting as a program administrator and third-party service provider for federally and state insured chartered banks that offer consumer loans. Besides providing revolving credit products and installment loans it also provides credit programs for elective medical providers, home improvement merchants, and furniture retailers.

Through its merchant, retailer and provider networks all over the US, it serves both consumers and large, medium and small-scale businesses. David Zalik’s GreenSky offers business card service as well as same day funding for submitted invoices, online transaction management, credit services and invoice verification.

ABOUT DAVID ZALIK

Co-Founder and Chief Executive Officer for GreenSky, 43-year-old David Zalik were born in Israel with his family moving to the USA when he was four years old and settling in Alabama. His father became a Mathematics professor at Auburn, and he attended the same school his father was teaching but later dropped out to concentrate on building his computer assembly company, MicroTech. In 1996 then aged 22 years he sold the 20-employee company for a tune a few million dollars and moved to Atlanta. Zalik later founded Outweb Inc., a consultancy for businesses trying to create their websites, in 1999 after a few years of investing in the real estate sector. He helped start the Rockbridge Commercial Bank in 2006 which initially attracted capital from a clique of local investors including billionaire Bernie Marcus, co-founder Home Depot. In three years’ time, it failed making him lose up to $500,000 and lawsuits from the FDIC.

It is after all this that he founded GreenSky, which he named after hearing Willie Nelson’s rendition of Blue Skies. Robert Sheft, an investor, and founder of RMA Home Services, later joined him their big pitch being less hassle in offering their customers financing as compared to stalwarts like Wells Fargo and GE.

David Zalik has also served on the board of directors of The Marcus Community Centre, The Jewish Federation of Greater Atlanta and Hands on Atlanta. He has been a recipient of the 2000 Abe Schwartz Young Leadership award, 2003 catalyst Entrepreneur of the Year Award and 2016 EY Entrepreneur of the Year Award.

http://kbispressroom.com/tag/greensky-credit/

Dr. MARK McKENNA Entrepreneur and Medical Goals

Dr. Mark McKenna’s real estate entrepreneurial journey began when he realized that medical practitioners found it hard to earn much. He was still a student of the medical school at Tulane School when he started purchasing real estate.

Real estate entrepreneurship

After his graduation in 1999, Dr. Mark McKenna created a real estate business and ventured full time in it.

Disaster hit New Orleans where his business was based. For almost two years, Mark McKenna helped reconstruct the town. He would purchase broken houses, restore them and then sell them to various investors. The latter would release them to residents on lease terms.

Dr.Mark McKenna’s second passion

In 2007, Dr. Mark McKenna realized that the time to get back to his medical occupation had come. In November, he departed for Atlanta.

OVME: (“of me”)

Dr. Mark McKenna later joined OVME. His entrepreneurial ambitions and desire to offer affordable services to people led him to venture into the aforementioned medical spa. According to him, OVME is highly technologically controlled. A mobile app is available to all users for easy access during appointment scheduling. The facility offers premium services, some of which include dermal filling, weight management, and testosterone replacement.

Dr. Mark ensured that one could become a member of OVME and such a client can access discounts on a variety of services.

Giving back to the society.

Part of the profits gained at OVME is directed to the ‘Make-a-wish’ foundation, which is a zero profit organization that grants the wishes of children ailing from serious diseases. Apparently, the foundation can offer such wishes after every half an hour. This means that there are lots of profit. Mark accredits this outstanding performance to the facility’s staff members, volunteers, and donors.

https://ideamensch.com/mark-mckenna/

Andy Wirth’s New Position

Andy Wirth is many things including a businessman, entrepreneur, as well as a nature enthusiast who has possessed the rare quality over the years to have known exactly what he has wanted to do even at a young age in his life.

In present day, with almost 30 years in the mountain resort and in the hotel industry, Mr. Wirth has been able to show visitors the beauty of nature while they are surrounded by luxury. Since 2010, Mr. Wirth has been the CEO and the President of the Squaw Valley Ski Resort, a ski resort that has been in business for over 70 years as it is located in one of the most beautiful regions in the world.

Next to Tahoe Lake, this resort attracts visitors who want to ski as well as visitors who want to explore nature and want to sit back and relax with a beautiful view looking out.

In Recent news, Andy Wirth has accepted the appointment to be chairman of the Reno-Tahoe Airport Authority Board. This position was awarded to Mr. Wirth due to the fact that he has already proven himself to be able to bring in tourists. Mr. Wirth, ever since this appointment, has become dedicated to bringing in visitors to the area in order to also improve the overall economy of the community and to support the locals.

As a businessman, Andy Wirth has possessed the rare quality of wanting the locals of the community to be involved with every business decision that he makes.

Andy Wirth has bright plans for the future of his ski resort and hopes to bring in even more visitors and revenue over the next few years. As an innovative businessman, Andy Wirth has recently invested over $70 million into the renovation of this ski resort in order to update this resort.

The renovation of the resort includes the reshaping of the ski slopes as well as the renovation of the interior of the resort. This not only makes the resort look more modern, attractive, and luxurious, but also improves the environmental impact of the resort of the environment.

Learn more about Andy Wirth: https://www.facebook.com/FriendsOfSquawValley/posts/10152191670133708