Hedge Fund Manager Sahm Adrangi Explains His Short Position On Eastman Kodak Company

Sahm Adrangi is a hedge fund manager who runs a company he founded called Kerrisdale Capital Management, LLC. He recently announced that his hedge fund was taking a short position on the stock of Eastman Kodak Company (NYSE: KODK). Eastman Kodak, a company involved in photography and commercial printing, had seen its stock value go up almost 190% recently. This was right after they had announced they had formed a partnership with another firm to establish a photography licensing platform that is based on blockchain technology. Visit Crunchbase to know more about Sahm Adrangi.

Speaking on this development at Eastman Kodak, Sahm Adrangi said that all Eastman Kodak is doing is chasing after the latest hot trend of establishing make-believe cryptocurrencies. He said this move doesn’t do anything to alter the basic fact that Eastman Kodak is in terrible shape and, because of their large debt loads, have a capital structure that will soon come under enormous pressure. He sees this move as a sham and expects their stock value to collapse. By taking a short position on Eastman Kodak Sahm Adrangi’s hedge fund will make money if shares in this company fall.

View: http://fortune.com/2016/04/21/sahm-adrangi-kerrisdale-short-sale/

Sahm Adrangi hosted a conference call on 2-7-18 at 10:30 a.m. Eastern Time where he explained in detail all of the problems he saw with Eastman Kodak’s latest move. Other investors dialed into this call using one of two toll-free 800 numbers. During the call he explained why he thought the announcement was nothing but smoke and mirrors and was doomed to failure.

Sahm Adrangi lives and works in New York City. He founded Kerrisdale Capital Management in April 2009 after having been in the financial industry for over five years. He earned his undergraduate degree in economics in 2003 at Yale University. For five years he was an analyst for a number of big firms such as Chanin Capital Partners, Longacre Fund Management, and the German banking giant Deutsche Bank. His company is a research-oriented investment firm that focuses on value stocks as well as businesses that are in special situations. When he sees a publically traded company in a special situation he shorts their stock and then explains to the investing world why he has done so. Follow Sahm Adrangi on Twitter.

George Soros Contribution in the Fight Against Discrimination

George Soros, the founder and the chairman of Soros Fund Management, LLC was born in Hungary but left the country for the UK in 1947. He took two jobs in London, as a railway porter during the day and a night club waiter at night. The money he earned helped pay his school fees at London School of Economics. He later got a job at a merchant bank in the finance department.

Relocation to the U.S and a Start on Wall Street

Soros moved to the United States in 1956 and immediately ventured in finance and economics. In 1969 he used $12 million to establish his own hedge fund which rebranded the Quantum Fund. His collaboration with Stan Druckenmiller in 1992 helped him realize an impressive profit with the British pound and read full article.

Today, Soros is a renowned investor and has $30 billion in assets through his company, Soros Fund Management. Earlier this year, George Soros added Dawn Fitzpatrick in his management team when he hired her as the chief investment officer of Soros Fund Management.

George Soros Philanthropic Contributions

George Soros is a renowned philanthropist and offers his support at a global level. He has given over $12 billion to charity organizations that fight for justice, equality, transparency, and accountability in governments and societies. In most cases, he focuses on helping people who are facing racial discrimination all over the world. Being a victim of discrimination, Soros has dedicated his wealth to helping people who go through the same and especially drug addicts, LGBT, and sex workers and learn more about George Soros.

His charitable contributions begun in 1979 when he started offering scholarships to South African students affected by apartheid. In the 80’s he was involved in providing photocopiers and printing materials to the Eastern Bloc. Upon collapse of the Berlin Wall, Soros founded the Central European University with the aim of boosting critical thinking which lacked in most Soviet universities. Soros’ philanthropic deeds spread to United States, Asia, and Africa after the Cold War ended and George Soros’s lacrosse camp.

Formation of Open Society Foundations

George Soros used his fortune to create a network of foundations, Open Society Foundations. The network operates under the philosophy of Karl Popper which states that a society can only flourish when they are governed under democracy, respect individual rights, and allow freedom of expression and Follow his Twitter. The network operates in over 100 countries globally having projects in each of these nations. He has over the years supported lawyers and paralegals who dedicate their careers to assist individual held unlawfully. Today, he uses his network, Open Society Foundations to travel to different parts of the world speaking positive policy changes. He does this through private and public meetings held with leaders from different parts of the world and more information click here.

More Visit: https://www.georgesoros.com/philanthropy/

Manager Skills and Career of a leader in the Business

Mr. Timothy D. Armour has been a dedicated manager in the industry of investments for a few decades. He is one of those managers who are strongly sought after and achieve excellent results that last.

Since July 2015, Mr. Timothy Armour has been a valuable part of the large company of Capital Group. Mr. Timothy Armour is working at the position of Chairman of the Board and has transformed the corporation. As a management expert and an investment expert, Mr. Timothy Armour has been an excellent leader of the management committee as well as of the capital research and management department of the company of Capital Group.

The large corporation of Capital Group has been in the business for more than 20 years. The Capital Group has been in the business of managing finances for other companies and has grown to be one of the leaders in the business of finance management.

Mr. Timothy Armour D. Armour has earned a bachelor’s degree in Economics from the Middlebury College. After graduating from the institution, Mr. Timothy Armour put a start to his career. He took up a job at a finance firm and also became a member of the associates program Capital Group had. Mr. Timothy Armour has worked at a few places but for short periods of time. He settled perfectly into the position at the Capital Group – the corporation that had been the best match for him.

Over the course of his career, Mr. Timothy Armour has shown on a vast number of occasions that he is a talented finance manager and has a strong sense of a leader. That prompted the Wall Street Journal to write about Mr. Timothy Armour extensively. The article included his career as well as a few tips from Mr. Timothy Armour on the subject of good managers.

Mr. Timothy Armour points out that good managers are able to create a steady growth in profit that lasts over a long period of time. Natural curiosity and desire to learn both from those above you and below you is also crucial. Being respectful and inspiring take leader very far.