The Short Seller Sahm Adrangi
For a man who started off his firm with just $1 million back in 2009 and now manages more than $150 million, you can say it’s quite impressive. Well, Sahm Adrangi who most people find his unique approach to the bull market as quite remarkable has attracted a large number of individuals and investors who love his exemplary work. Although his achievement may seem effortless, Sahm at one time nearly lost all his investors, but through his hard work and determination, he managed to get back on his feet. And for those who chose to stay with him were rewarded accordingly.
Sahm Adrangi grew up in Vancouver, Canada holds a Degree in Economics from Yale University. Seeking to make a name for himself, he knew it was not going to be comfortable at a market where competition is much stiff and competitive. Under his hedge fund, Kerrisdale Capital Management, Sahm Adrangi acts as the Chief Investment Officer. Kerrisdale conducts research and publishes reports on certain misconceptions of various companies. Mr Adrangi came to the limelight for the first time in 2011. This was after exposing several Chinese companies that he believed were engaging in fraudulent activities. He published reports on China Education Alliance and ChinaCast Education Corp which were later found to be accurate by the Exchange Commission and their operations terminated.
Following Mr Adarangi’s passion for biotechnology, Kerrisdale capital has published his research on various companies and industries about biotechnology. Such companies include Unilife, Zafgen, Bavarian Nordic, Pulse Biosciences and Sage Therapeutics among others. Also, Sahm Adrangi has researched various companies related to mining activities exposing their dishonest way of conducting their business. Companies such as Northern Dynasty Minerals is one of the companies that have fallen victim to this demise. In 2014, Kerrisdale capital exposed Globalstar which is a telecommunication company for its fantastic presentation about Terrestrial Low Power Service.
Sahm Adrangihas worked in several companies before starting his hedge fund. He has worked in Deutsche Bank and also Longacre Management. Sahm’s marvellous works and skills have attracted so many to the extent that he has been called as a speaker in several conferences. Activist Investor Conference, Sohn Conference, and Distressed Debt Investing Conference to list a few.