Sahm Adrangi is a founder and chief investment officer at Kerrisdale Capital Management LLC. He completed his graduation in Bachelor of Arts in Economics from Yale University. At the beginning of his career, Sahm Adrangi worked for finance group of Deutsche Bank. He was an Investment Analyst at Longacre Fund Management, LLC and in 2009 he founded Kerrisdale Capital Management LLC.
Sahm Adrangi released an article about Eastman Kodak Company; it is a 138-year-old firm which deals with commercial printing and imaging. It used to provide motion picture film products. In recent, the company announced its partnership with blockchain and cryptocurrency. Since then its stocks reached more than double of their value. It did so to earn money and get back to the platform. They are trying to save the company from being bankrupt. They just claimed that blockchain would remove the problem of IP ownership and other occurring problems. The photographers would be paid properly. One day prior to announcement 370,974 restricted stock units were bought by five board members of the company.
The company will go through the SEC inquiry because they have found irregular and inconsistent in their transactions and they don’t have appropriate documents. Their plan has not been appreciated by anyone and people running it is anonymous. In 2018 they launched the Kodak “Kashmir” a Kodak bitcoin. And other with schemes have been found guilty. Due to which this bitcoin is not trustworthy.
There is no information regarding the people behind it. During a press conference, they told that now WENN Digital will lead it and KODAK One is not responsible for anything. Around 7.5% of stocks of WENN Digital are with Appcoin and 12.5% of its stocks are with Appcoin’s chairman. Redstone Literary Agents, Inc was renamed as Appcoin Innovations Inc and it began dealing in bitcoin and ISO related advisory.
Ryde and WENN Media collaborated which resulted in the formation of WENN Digital. Kodak had signed a contract for selling products with American Spotlight for selling the product named Bitmain Antminer S9 under their brand name for two years but the contract ended up after nine months due to their useless schemes. Kodak is dying and will not be able to survive on its useless schemes like Blockchain. They have announced many promising schemes and program but never came to any conclusion. Sahm Adrangi realized it and made everyone aware of the reality of Kodak.
The famous investor and Wall Street maverick, Paul Mampilly’s coveted newsletter recently exceeded 60,000 subscribers which is quite a feat for a financial industry newsletter (as they are not generally thought of as the most exciting pieces of literature).
This milestone positions the paper as one of the single fastest growing newsletters in the entire investment industry which is quite a accomplishment.
One of the reasons for this accomplishment stems from Mr. Mampilly’s extensive wealth of personal experience within the respective field. For instance, Mr. Paul Mampilly spent over 20 years on Wall Street working for such notable financial firms the Dutch, multinational banking corporation, ING, Kinetics International, as well as the German banking and financial services company, Duetsche Bank. Additionally, out of Mampilly’s 13 open portfolio positions, 11 of them are highly profitable.
Read more on Crunchbase.
However, it should be noted that length of experience means very little if all that time produces little to no results, however, this was most certainly not the case with Mr. Mampilly who has proved himself time and time again within the financial industry, perhaps most impressively by successfully winning one of the Templeton Foundations investment competitions by taking a fifty million dollar investment and transforming it into a 88 million dollar one. What was really and truly impressive about the financial guru’s exploits with the Templeton Foundation was not even the massive turn around in finances (which amount to a 76 percent straight gain) but rather the fact that he accomplished such a turnaround during the height of the financial crisis!
Learn more about Paul Mampilly: http://sovereignsociety.com/meet-the-experts/paul-mampilly/
By virtue of having extensive experience in the financial industry, Igor Cornelsen knows that investment is a risky process. He posits that one should have adequate knowledge of where he or she would like to invest. Regardless of one’s experience, there is always the risk of losing one’s investment. Igor posits that both experienced and new investors should understand the investment rules. According to the investors, one should seek to minimize his or her risks and maximize the returns.
Igor asserts that investors should know that all investments have considerable risks. This way, investors should assess the risks involved. Investors should commit their savings to investments that have minimal risks. After investing, one should carefully monitor the investment to assess whether he or she is making or losing money. If an investment is making losses, an investor should terminate the investment quickly. Igor posits that it is crucial for investors to make their own analysis based on market data, company information and any other information. This strategy will enable them to know the performance of different stocks in the market.
Most young people start investing after they are married or after being promoted to a position that guarantees them more income. Igor advises young people to start investing as soon as they start earning their first salary. Over time, small investments grow and helps one during retirement.
A good investor should diversify his or her portfolio. Diversification helps in minimizing risks and increasing the chances of an individual getting returns from his or her investments. While diversifying his or her portfolio, an investor should review his or her investment goals. They should also avoid risky investments. In addition, an investor should have an investment adviser to guide him or her through the process of diversification. Advisers plays an imperative role in helping investors to make sound investment decisions. Investors should seek the services of renowned, qualified and certified advisers
Igor Cornelsen is a Brazilian investor. He is known for his insightful financial advice. As an investor, he believes in developing sound investment strategies that enhances one’s portfolio. Many investors have benefited from his advice and insights on taking advantage of damaged stocks. Igor is the proprietor of Bainbridge Investment Inc.