Shervin Pishevar states that every asset class is currently overvalued

Shervin Pishevar has been one of the most successful venture capitalists in the world of tech. He has founded many companies, including Social Gaming Network, Ionside and WebOS. He has also been one of the key players in the formation of such companies as Uber, Airbnb and Virgin Hyperloop.

But Shervin Pishevar is also one of the most vocal analysts of the state of the U.S. economy throughout the world of social media. Shervin Pishevar operates one of the most heavily followed Twitter feeds of anyone in the world of tech. And he has expounded on nearly every topic of national importance with an oratorical skill that has made him the center of attention among the Silicon Valley intelligentsia.

One of the things that Shervin Pishevar has repeatedly been warning about is the overvaluation that is currently seen throughout the United States in virtually every asset class. As a longtime resident of the San Francisco Bay Area, Pishevar has watched as real estate values have skyrocketed to stratospheric levels, making even the most basic housing throughout the region completely unaffordable for anyone not making a top-1-percent salary.

Pishevar says that, while this has been a generally positive development for those who bought and held property over the last two decades there, the long-term consequences may prove to be dire. The middle-class, the engine of the local economy, has been fleeing in droves for over five years. And, increasingly, young people are finding it impossible to form families, thus depriving the area of the most important source of consumer spending: middle-class families with children.

But Pishevar says that the asset bubble is hardly contained just to San Francisco real estate. He says that the equities and bond markets are also badly overvalued even at levels more inappropriate than those seen in housing. He says that, ultimately, the real problem that investors currently face is that there simply is no safe harbor. Even cash, which is put at risk by the threat of future currency-debasing actions of the Federal Reserve, is not completely safe. Pishevar says that investors may ultimately need to turn to offshore assets.

https://www.cnbc.com/video/2017/09/21/hyperloop-is-not-just-a-fantasy-its-real-shervin-pishevar.html

Kerrisdale Capital and Sahm Adrangi Have Issued A Negative Report Regarding The Kodak Company

A negative report has been issued by Kerrisdale Capital and Sahm Adrangi. This report concerns the Eastman Kodak Company. Sahm Adrangi is the Chief Investment Officer for Kerrisdale and believes both KODAKCoin and KODAKOne are critically flawed. He does not believe these companies are capable of providing the Kodak shareholders with any material benefits. He feels the only reason the shares have risen is unjustified hype.

The lead developer for KODAKOne is WENN Digital Inc. The strategic advisors are AppCoin Innovations Incorporated and KODAKCoin ICO. These companies both have extremely dubious backgrounds. Sahm Adrangi has spoken of the Kodak members of the board of directors. The day prior tp KODAKOne being officially launched these board members took it upon themselves to grant restricted stock among the members of the board. This act is considered suspicious and has drawn the possible risks and repercussions of an investigation by the SEC.

The announcement made by Kodak regarding their partnership is not believed sufficient to save the business from the steadily decreasing revenues, mounting risk of default and negativity of the free cash flow. These are many of the reasons the private investment manager of Kerrisdale Capital and Sahm Adrangi have had a negative report published. The company additionally explained their short position in regards to Eastman Kodak Company. This is a commercial imaging and printing business. Since the partnership was announced to launch an image licensed platform that is enabled by the blockchain and photo centric currency their stock has increased by 187 percent.

Kerrisdale Capital Management and Sahm Adrangi believe these announcements were nothing but an empty attempt to pursue the ICO craze. They additionally believe this will not offset the unsustainable capital structure and poor fundamentals of Kodak. Kerrisdale will be hosting a conference call to discuss the report they have published regarding the Kodak company.

Kerrisdale Capital Management, LLC is classified as a fundamentally oriented manager for investments. The manager of the company is Sahm Adrangi. He has placed his focus on investments deemed to be valuable for the long term. He additionally concentrates on special situations driven by events.

http://www.zerohedge.com/news/2017-05-09/kerrisdale-capital-reveals-latest-short-selling-target-will-it-be-next-straight-path