Sahm Adrangi is the founder and Chief Investment Officer at Kerrisdale Capital Management. He started the company alone in 2009 with $ 1 million, but now it is a $150 million company. He has strived to build the company to the success it holds currently. Kerrisdale Capital Management Company deals with selling and publishing research findings. It shares its research on the website and twitter.
Sahm Adrangi Achievement
The journey to success for Sahm Adrangi has been hard. He first became famous after revealing the corrupt companies in China. He exposed China Education Alliance and China Cast Education corp that was stealing money. He focused on sectors dealing with biotechnology, mining, and telecommunication to expose their weaknesses. Sahm Adrangi is an activist, and a speaker at conferences. Bloomberg interviewed him and featured him in New York Times.
Kerrisdale Negative Report on Proteostasis Therapeutics Inc.
Proteostasis had announced to form a committee comprising experts to develop a global phase 3 development program for cystic fibrosis drug PTI-428. According to Kerrisdale research, Cystic Fibrosis drug was going to be ineffective and eventually fail. The Kerrisdale team believed that Proteostasis had negative data about the drug, but they were hiding the truth from the public.
A negative Report on St Joe Company
St Joe Company which is a real estate company had promised to transform the swampy area near Panama beach city into a business center for retirees. But the investors have been investing in the project for the last fifty years, but there is no tangible investment progress. Kerrisdale capital investment feels assumptions made by St Joe Company are wrong, and why is the project taking so long to start? A lot of question marks raised against the relationship between St Joe and Fairholme Company.
Sahm Adrangi and the Negative Report on Bleak Kodak
Adriangi does not trust Eastman Kodak Company. It is in partnership with WENN Digital Inc. and Appcoin which have a dubious history of fraudulence. He believes that the union will not save the company but fail it completely.
Sahm Adriangi has been a good role model in fighting against atrocities committed by the investors. He has been on the forefront to expose them without fear of favor. Our leader should emulate his stance.