How Sahm Adrangi Made A Name For Himself In The Financial Industry

Sahm Adrangi is an entrepreneur in New York City. He founded Kerrisdale Capital Management and serves as the chief investment officer. Kerrisdale Capital Management was founded in 2009 and it now manages about $150 million in assets, and more information click here.

One of the things that Sahm Adrangi is best known for is short selling stocks. He also publishes his extensive research into companies which backs up his decisions to either invest in a company’s stocks or short sale them. He says that he often spots misconceptions about the prospects of different companies and challenges them with his research. He publishes his research on the Kerrisdale Capital Management website, other websites related to investing, and on his Twitter feed.

It was in 2010 that Sahm Adrangi first gained the attention of other top investors. Through his research he could see that a number of companies in China were being fraudulently operated. Among the companies he targeted were China-Biotics, China Marine Food Group, and Lihua International. He shorted their stocks and then published his research. As other caught on to the fraud these companies were perpetuating their stocks inevitably collapsed, leading to a huge profit for Kerrisdale Capital Managment and its clients.

In recent years, Sahm Adrangi has focused on sectors that he has developed deep expertise in. Some of the sectors he has done this for are biotechnology, mining, and telecommunications. For one example, he watched a live presentation of Globalstar presenting their Terrestrial Low Power Service proposal in 2014. He could spot the weakness in their plan and so, after shorting their stock, he published a number of articles on the subject. Additionally, he filed ex parte letters with the FCC and held a meeting with them as well.

Due to his expertise investing and shorting stocks, Sahm Adrangi has been invited to speak at numerous conferences around the country. This includes the Value Investing Conference and the very popular Sohn Conference. He has also made interview appearances with a number of television channels. Additionally, he has appeared in several major publications including the New York Times and the Washington Post, and Sahm Adrangi’s lacrosse camp.

Other Reference: https://twitter.com/sahmadrangi

Jeremy Goldstein’s take on knockout options

Knockout options may be the new solution for employers who are tired of the risky nature of stock options. Jeremy Goldstein gives you the scoop on how they may be a better choice.

 

First off the nature of stocks can be tricky. If they fall below a certain price they can be deemed worthless. They can be quite the hassle for the accounting department, and they can change like the wind, especially for the worst if the economy is not doing so well. There are also good sides to them too. They are relatively easy to understand when employees receive them. They work and are seem as a good compensation to employees. There is an incentive for employees to be productive for their company. If the company is doing well, the stocks will rise in price, thus in turn profiting employees.

 

Knockout options make a good choice for a number of reasons. They automatically get cancelled if they fall below a certain price, which in turn with hurt the company less. They will be less of a burden and reduce costs when it comes to accounting fees. Knockout options will also help stockholders so they don’t fave overhang threats.

 

Jeremy Goldstein is a executive compensation lawyer who is based in New York City. He attended three colleges to get a solid education. He first attended Cornell University where he received a Bachelor of Arts degree in Art History. Jeremy Goldstein then got his Master of Arts degree in Art History at the University of Chicago. Lastly, Jeremy Goldstein decided to study law at the New York University School of Law where he received his Juris Doctor in Law. Learn more: https://www.business.com/advice/member/p/jeremy-goldstein/

 

Mr. Goldstein is a partner and also founded Jeremy L. Goldstein & Associates LLC where he focuses on compensation issues for executives and such. He has worked for other firms including Wachtell, Lipton, Rosen & Katz.

Luiz Carlos Trabuco Will Hold The Two Senior-Most Leadership Positions Ate Bradesco For The Next Four Months

After serving as the president of Brazilian bank, Banco Bradesco for the last eight years, Luiz Carlos Trabuco was last month named the new chairman of the board. His appointment to this powerful position is the culmination of close to five decades’ work at the large lender.

The previous holder of the position was the legendary banker, Lazaro Brandao who had been at Bradesco for more than seven decades. Among the earliest responsibilities of Luiz Carlos Trabuco as the new chairman of Bradesco will be to oversee the process of selecting his replacement in the position of bank president.

Banco Bradesco

Banco Bradesco is the second largest private bank in Brazil. It was founded in 1943 by Amador Aguiar with the objective of helping advance social welfare. By 1951, it had already grown to become the largest private lender in the country. Unfortunately, however, it lost this coveted title to Itau Unibanco in 2008. Today, the bank is worth close to $400 billion, undoubtedly making it one of the largest financial institutions in Latin America. It has an extensive branch network of about 5,500 offices that are staffed by more than 100,000 employees. It has a number of subsidiaries, with the largest and most prominent being the insurance company, Bradesco Seguros. Given the bank’s continued growth into a financial giant, the need for effective and competent leadership is greater today than it has ever been.

Read more: Trabuco: Despite the uncertainties, investors believe in the country

Strong Culture

Banco Bradesco has over the years created a name for itself for strictly sticking to certain traditions and practices on folha.uol.com.br. One such tradition is promoting from within the bank. It is a strategy that was used during the last three presidential appointments at the bank. As such, the next president will almost certainly be one of the senior executives at the bank currently employed as vice presidents. One of the most prominent vice presidents without a doubt is Alexander Gluher, who is the bank’s chief risk officer. He has been heavily involved in some of the largest deals completed by the bank in the last few years. Another strong contender is Octavio Lazaro who has for the last few years been serving as the president of Bradesco Seguros. Jose Pancini who has been at the bank for over two decades is also a considered a likely candidate owing to his extensive experience in retail banking. Despite being a recent addition to the bank, IT director Mauricio Minas has also had his name mentioned favorably to claim the position.

Not in a Hurry

While speculation and talk have already started, the next Bradesco president will not be announced for another four months. By the bank’s bylaws, the announcement on who will replace Luiz Carlos Trabuco will be made in March 2018 during the yearly shareholder’s meeting. Since a competent leader will still be needed to run the day-to-day activities at the bank, Luiz Carlos Trabuco will continue serving as the president in an acting capacity for the next few months. He will be encouraged by the fact that he is not the first individual at Bradesco to serve as both president and chairman at the same time.

Improved Business Climate

For the last two years, the economic climate in Brazil has not been very accommodating according to globo.com. In 2015, the country suffered its worst recession in decades and had been struggling to recover since. During this tumulus period, the margins at many banks in Brazil, including Banco Bradesco have been quite suppressed. Fortunately, with the economy improving, the incoming president will find a better business climate to operate in. This will allow him/her greater flexibility in the ideas and strategies he implements.

Search more about Luiz Carlos Trabuco: 
http://www1.folha.uol.com.br/mercado/2017/10/1926427-sucessao-no-bradesco-vira-alvo-de-aposta.shtml