Category Archives: Business

Shervin Pishevar Envisions the Potential of Virgin Hyperloop and SpaceX in his 21-Hour Twitter Rant

Shervin Pishevar seemed to have come up with new found energy after his unceremonious departure from Sherpa Capital, the company he found, due to sexual allegations after he comes up with a social media dossier concerning the United States economy and the government at large. According to the mogul investor, who has interest in Uber, the economy is likely to take a shift, and some of the issues that seem too obvious might come back to haunt the economy. Despite the emerging challenges, there is a glimmer of hope in the field of technology likely to be witnessed in short-term.

Shervin Pishevar understands that the Virgin Hyperloop, which is a transportation technology, will have a significant impact on the future of transportation of goods and services. It is clear that people are looking forward to increasing their travel speed from one place to another in an attempt to maximize the number of hours they have within a day. Moreover, some services such as medical emergencies need to be accessed immediately. This creates a situation where there is the need for speed. The loop will enhance the quick and efficient movement of goods, services, and people while at the same time increasing emergency response.

The next technology Shervin Pishevar sees coming into being a success is SpaceX, a technique that focuses on space tourism and championed by innovation guru Elon Musk. This means that it is not all doom for the significant policies implemented in the country as the two technologies in the transportation industry will cover the mess stinking in other sectors. Shervin Pishevar is one of the investors who has been seen promoting the emergence of these technologies as the future of the United States transportation industry.

Virgin Hyperloop and SpaceX are some of the most significant technological innovations that will rock the world in the next generation. However, Shervin Pishevar has interests in Virgin Hyperloop which is likely to elicit questions as to why he rates his own company and does not see the same happening to other organizations in the industry. However, it is worth noting that both SpaceX and Virgin Hyperloop are welcome technologies in the decaying infrastructure in the United States.

https://b612foundation.org/members/shervin-pishevar/

Mike Bagguley Promoted By Barclays

It is the time when Barclays is now fed up in its investments banking unit and has appointed its new chief operating officer. It is aiming in returning its bid for its earlier glory days. Barclays has appointed Mike Bagguley through promotion from his former role. He used to be the head of the unit on macro markets, and he will start his new position immediately. While in the new office, Mike Bagguley will report Tom King who is the bank’s chief executive.

It is the latest change that has happened in the banking giant, and in last month JP Morgan was also confirmed as the new chief executive where he will be replacing Antony Jenkins. Even the analyst has commented on it, and they have said that it has signaled a bid in strengthening the bank’s investment banking business.

Mike Bagguley has been able to oversee the reshaping and reduction of Barclays macro business, which consists of foreign exchange, commodities products, and interest rates as the trading revenue running across the industry have hardened and fallen regulation hit the profitability. Mike Bagguley was given the role in coordinating the main projects that are across the investment bank. In the early of this month, Sir Gerry Grimstone was appointed as his deputy chairman while the lender is continuing in focusing on investment banking.

Sir Gerry has spent over a decade working with Schroders financial group located in Hong Kong, New York, and London. He was also the vice chairman of the organization in its investment banking activities.

The chairman of Barclays John McFarlane talked of the re-positioning last month and described it as one of their major priorities. In 2012, Jerkins was the one appointed aftermath of rate-fixing scandal by Libor, where he toned down Barclay’s business side.

His mandate was to steady the ship where he would restore the group’s confidence, but the shareholders and bank’s board lost their patience with how he approached, and the shareholders’ returns languished. The real retail experience of Jenkins was increasing to become a concern because the bank was traditionally a key profit driver.

Bob Diamond contributed to building Barclays investment bank, and by then it was making a huge profit and also engaging in other risk practices.

https://www.telegraph.co.uk/finance/newsbysector/epic/barc/12000951/Barclays-lines-up-more-investment-bank-cuts-in-efficiency-drive.html

Sahm Adrangi: Founder and CIO of Kerrisdale Capital Management LLC

Sahm Adrangi, the astounding businessman began his education at the prestigious Yale University. He began his education in 1999 and completed his education in 2003. After he graduated, he began to work as an Analyst at Deutsche Bank from early 2004 to late 2005. He was part of the leveraging finance group where they dealt with bank debt and high yield bond financings.

After leaving Deutsche Bank, Sahm Adrangi joined Chanin Capital Partners, an investment bank located in Los Angeles and New York until 2007. At this company, he served as the analyst in the bankruptcy restructuring group. He then went to work at Longacre Fund Management LLC for almost two years. Here, he focused on credit investing, such as bank debt, high yield bonds, trade claims, etc. in the United States and Europe.

Moving up, Sahm Adrangi then began working at Kerrisdale Capital Management LLC in New York. Founded in April of 2009, Adrangi played a role in the founding of the corporation. For a little over nine years, he has been working as the Chief Investment Officer. Kerrisdale Capital Management LLC is an investment management firm. They are widely known for short selling and publishing research. They also share their views on stocks that are misunderstood by the market. The research they do is to correct misconceptions about companies’ business prospects. They share the findings of their research on their website and “third-party investing-related” sites. When the firm was first founded, they began with less than one million dollars, and as of July 2017, they manage around 150 million dollars.

In the midst of running Kerrisdale Capital Management LLC, in 2010 and 2011, Sahm Andrangi had the chance to make a name for himself. He became well-known after exposing fraudulent Chinese companies, such as China Marine Food Group, Lihua International, China-Biotics, and others. He made it so that these corporations had to go through enforcement actions by the Securities and Exchange Commission.

Sahm Adrangi has worked endlessly since the beginning of his education, from working tirelessly at corporations to founding his own. He has built a great name for himself and continues to do so.

https://www.resumonk.com/8CRDRUpuaAyX-sFeXMU4tQ