Sahm Adrangi is the current chief investment officer (CIO) of Kerrisdale Capital Management, an investment firm that he established in 2009. The investment firm made it to the headlines lately because of the initiative of the company’s CIO to raise more than $100 million from their wealthy investors who are putting their trust to the skills and expertise of Sahm Adrangi. The money that was raised by Kerrisdale Capital Management will be used to buy a single stock that is still not revealed to the public. Many critics and skeptics are raising their eyebrows to the decision of the company and warned that it might result in the total bankruptcy of Kerrisdale Capital Management. However, the investment firm heads are confident that they have made the right decision. Experts and other investors are optimistic about the move of Kerrisdale Capital Management and hope that it would turn out good because it will benefit the company as a whole along with everyone who has given their share of money to Kerrisdale Capital Management, to be used for buying stocks.
The management at Kerrisdale Capital Management explained that Sahm Adrangi directed their move, and he even asked the officers at the company to trust him in what he is doing. Sahm Adrangi gained fame when he started to put his money on stocks that are very risky. However, knowing when the lines and graphs would move and taking all of your money before it can be affected by the subsequent deflation of values can result in high success. This is what Sahm Adrangi wanted to show the people who are criticizing him for his actions and are telling that he is just a scammer. He would be investing in a soon to be unveiled company to gain more profit.
The rest is history, and Adrangi became one of the most well-known professionals in the field of investing and trading. People would be visiting his location to get assistance with their financial problems, and even legal issues concerning the business. However, most of the time, Sahm Adrangi is staying remotely to monitor what is going on.