Sahm Adrangi is actively awake and looking out for his investors so they can sleep peacefully
Going back into the early days of Sahm Adrangi’s initial forays within the world of hedge-fund investing; Sahm and his teammates worked diligently at reading between the lines when it came to examining a particular company or brand on the market.
Like CSI investigators, Sahm Adrangi and his staff, now under the umbrella of the investment firm, Kerrisdale Capital, that Sahm founded in 2009, never seemed to take a suspect company’s thesis at face value; whether performing poorly or well.
Sahm Adrangi’s renowned activism, termed short-activism in hedge-fund circles, was initially discovered by many in the world of investments when he began to investigate what were alleged fraudulent Chinese companies that were able to enter the US market. In 2010, Sahm Adrangi aggressively revealed these firm’s irregularities while shorting their stock value in kind.
With Sahm and his colleagues at Kerrisdale Capital’s constant due diligence, they continue to look into irregularities for companies whose portfolio and thesis appear initially suspect, or as Adrangi puts it, “dislocated”.
Sahm and Kerrisdale Capital altogether do not appear to be slowing down anytime soon to count their own earnings. Instead, they continue onward with this activism so that they can do an even better job at helping their investors. When clients invest in a diligent company, they earn more and keep it in the long run and this would obviously be a win-win for hedge-fund managers, their clients and even regulators.
Be it a biotech firm not taking the time and effort to itemize data on testing results, a real-estate company over-valuing its holdings in a current housing boom, or an ad-tech firm’s inability to gauge accurate revenue numbers due to false responses generated by bots for example, Sahm Adrangi and Kerrisdale Capital are there to sift and drill deeper into the details and the noise; actively at work while their investors can sleep peacefully knowing that someone is looking out for them; even in a presently bull-ish market.