SahmAdrangi is the owner and founder of Kerrisdale capital management. The company has managed to get a total of $ 100million through investors, amount the plan to use in stock betting. As opposed to other companies that use such money to help troubled companies. Kerrisdale Company which is based in New York has plans to use the money to raise and elevate the stocks of the company that is in the works.
Sahm in association with Shane Wilson has taken the initiative of advertising the $ 10 billion worth company through blogs, videos, and websites to make their thesis more appealing and convincing. Kerrisdale as of now is control of over $ 500 million also the money they had raised. The company usually make bets against other companies which have made them yearly return of 28% in the past five years. This has, however, has depreciated to 6% in 2016.
Sahm has played a key role in the development of Kerrisdale since its establishment in 2009. Sahm created the company with just $ 1milliion and had raised it to a firm that deals with over $ 150 million. Some also publish research providing guidance on the stock market issues that people do not usually understand and the market in general. Through his publications, he wants to clear the myth and misconceptions about companies such as his. The publications are Kerrisdale website.
Apart from publications Sahm as also assisted the market by listing of companies that participate in fraud such China-Biotics, china marine food group among others. By exposing these companies, he has led to an investigation of other suspected companies. Sahm also has key interests in the biotechnology field and this has been accompanied by publishing their research. The companies involved include pulse biosciences, Zagfen, sage therapeutics, Bavarian Nordic including associates.
At Lindsay corporation, Sahm has been involved in advising the company on how best they can best manage their funds. Sahm’s kick-started career at Deutsche Bank and in addition to that he provided guidance to creditors committees how they can make it through hard economic times. Sahm is also a public speaker advising various groups at various conferences.