The founder of Kerrisdale Capital Management- Sahm Adrangi

Since 2009 when Sahm Adrangi formed the Kerrisdale Capital Management, he was part and parcel of various aspects of the company’s growth. He currently serves as the Chief Investment Officer of the firm. One of the outstanding breakthroughs in the group was the rise of the firm’s value to 150 million dollars from under one million dollars when it was launched.

The Kerrisdale Capital Management conducts research programs which focus on correcting widely held misconceptions about the fundamental business prospects of the company. Mr. Adrangi is known for publishing short-selling research on stocks including overhyped shorts and under-followed longs that are misunderstood by the market. The firm uses third-party investing-related sites, its website and on Twitter to share its research findings.

Even though Kerrisdale’s primary focus is on research shared with other groups and companies, Mr. Sahm Adrangi came up with a new strategy aimed at streamlining the efforts of the experts to areas of their specialization. One chosen sector is the biotechnology segment in which the firm had begun publishing research on growth stages of the corporation such as Sage Therapeutics, Bavarian Nordic, Pulse Biosciences, Zafgen among many others. Another area of focus is the mining segment where Sahm Adrangi has laid up a program for market valuations and called into question the mining projections.

Kerrisdale published a series of reports about the telecommunications industry by sharing essential views on Dish Network, Globalstar, ViaSat Inc and Straight Path Communication. He brought to the limelight the weakness in Globalstar Terrestrial Low Power Service in 2014 in a webcast and a live presentation. He also wrote a series of articles and met with the FCC.

Mr. Sahm Adrangi’s career in the financial segment started in credit-performing and leveraged debt financings at the renowned Deutsche Bank. Before he joined the banking experience, Mr. Sahm spent many years at the distressed debt hedge fund- the million-dollar Longacre Management.

Adrangi acquired a Bachelor of Arts in Economics degree from Yale University and is also a seasoned speaker at several conferences such as the Distressed Debt Investing Conference, Sohn Conference, and the Activists Investor Conference among others.

Newspapermen Larkin and Lacey Don’t Stand Down

Jim Larkin and Michael Lacey were picked up by Arizona’s Maricopa County Sheriff, Joe Arpaio’s Selective Enforcement Unit and tossed into unmarked SUVs on Oct 18, 2007, then taken to jail under the cover of darkness. This was apparently because their Phoenix publication, Phoenix New Times, openly criticized Arpaio’s methods, philosophy and general behavior. According to Larkin and Lacey this was illustrative of Arpaio’s methods. Larkin and Lacey were released in less than a day.

The two men don’t shy away from controversy. They’ve been publishing alternative newspapers for years. Their business draws criticism from conservatives like those that share Arpaio’s views. But Larkin and Lacey aren’t standing down from speaking out on these unjust practices and continue to defend against the harsh judgement they receive about their brand of journalism.

They continue to shine lights on people like Joe Arpaio. As with any alternative newspaper, they tell stories they feel need to be told regardless of pressure against it.

This inspired them to pursue a legal battle which, in 2012, Judge Murray G. Snow of the Ninth Circuit Court in Maricopa County ruled that Arpaio and his deputies were “public officials ordering the immediate arrests of their critics” and awarded Larkin and Lacey a $3.75 million settlement and Arpaio’s conviction. Read more: Lacey and Larkin Frontera Fund and Michael Lacey | Crunchbase

The newspapermen brought the level of startling violence perpetrated on Arpaio’s prisoners (which resulted in deaths) at Arpaio’s holding cells, Tent City, to the public’s attention. If words and actions by the two newspapermen in the years that followed are any indication, Larkin and Lacey don’t seem to regret the drawn out law suit.

After dropping out of Arizona State University the two college dropouts began their publishing careers “born out of anger” after the Kent State incident in 1970. Their efforts grew into a chain of newspapers across the country. As to targeting Arpaio, Larkin said they’d become “…a constant thorn in his side.”

Often misusing his authority, Arpaio’s history consists of everything from feeding his prisoners rotten food and torture to unlawfully investigating anyone who opposed his actions, including the judge who was to sentence them, suggesting Obama’s birth certificate was a forgery and the jailing of Larkin and Lacey. Learn more about Jim Larkin and Michael Lacey: and

The Stephen Lemons Nov. 17, 2017 piece in Phoenix New Times delves deeper into what the newspapermen say about what motivated the current administration’s pardon and what Trump and Arpaio have gained from each other’s actions. In Melendres v. Arpaio the sheriff stood to receive a six month prison sentence for his blatant racial-profiling, sickening prisoner brutality and ignoring a federal judge’s orders.

But during Donald Trump’s first year in office he pardoned Sheriff Joe Arpaio weeks before he was to be sentenced. Says Lacey, “Rex Tillerson was right: Donald Trump is a moron and his pardon of Joe Arpaio proves it.”

Larkin and Lacey are setting up the Lacy and Larkin Frontera Fund with the $3.75 million they received. This fund grants money to migrant-rights organizations throughout Arizona.

Managing your Wealth with Richard Blair

Most clients do not have an advisor even though they do have the passion and desire to grow their wealth. Wealth Solutions stands out as an assets and management firm that builds on its clients’ potential to manage, protect and growth their assets. Wealth Solutions has on board Richard Blair, a highly qualified and experienced expert in the finance industry. Some of his qualifications include a certified fund specialist, investment adviser representative, certified annuity specialist, retirement income certified professional and certified tax specialist, among others.


With the mindset of growing wealth, the Wealth Solutions follows through a financial planning process for each of their clients. As an experienced investment advisory firm, Wealth Solution comes up with a solid plan to help pursue the financial goals of all its clients as a first step. With this roadmap, the firm is able to realize actual goals by identifying strengths, growth opportunities and existing risk tolerance gaps.


Secondly, Wealth Solutions develops a long-term strategy. The strategy is ideally meant to meet the needs of each investment under every client. As such, the strategy is always tailored to capture the client’s investment goals and liquidity needs. Richard Blair of Wealth Solutions plays an important role in coming up with the strategy, because he ensures all assets are invested only when the market is suitable and can maximize on the client’s portfolio.


Lastly, Wealth Solutions provides insurance policies for each client’s assets just in case the goals and strategies do not live up to the expected returns. The client also gets to receive annuities such as life insurance and long-term care.


Richard Blair is an expert in asset and wealth management. He provides his services to individuals, families and SMEs. Coming from an educational background, he learned to quench his quest for knowledge by studying and a constant discipline of reading relevant content. His wife, mother and grandmother were teachers hence the natural aptitude for knowledge.


Over the years, he has not only grown his confidence in his career line but also amasses a wealth of knowledge in asset management. Richard Blair has helped also consultants for other companies where he provides strategies to avoid common pitfalls. He is also well known for providing retirement income plans for his clients.


He started Wealth Solution back in 1994 and based it in Austin, Texas. Richard’s experience has helped him provide objective and unbiased expertise to clients without conflict of interest. He also has a bachelor’s degree in finance and financial management having graduated from the University of Houston in 1993.


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National Steel Car Rises up Thanks to Gregory Aziz

National Steel Car has had a long and prosperous history in the Canadian railcar industry. However, it has only been over the past two decades that the Company has really hit its stride and made itself a major player not only in Canada, but throughout North America. Almost all of this success can be owed to the focus and prowess of its CEO and Chairman of the Board, Gregory James Aziz.


Greg Aziz purchased National Steel Car in 1994 with the funds he made as an investment banker in New York for the prior two decades. Aziz was not unfamiliar with making important business decisions. Before buying NSC, Aziz was an executive at his family-owned business, Affiliated Foods. During his 16 years at Affiliated Foods, Aziz was able to grow the import and sales sides of the business internationally. He grew the staff and made Affiliated Foods a player throughout North America. When he left, the Company even had some sales to Europe. Gregory Aziz transferred his business prowess from Affiliated Foods over the National Steel Car without any issues.


When he purchased National Steel Car from its then owner Dofasco, there was a lot of work that had to be done before it would become the powerhouse it is today. The Company had gone through several acquisitions and name changes since its founding in 1912. There were several different and competing goals that his employees and management were trying to meet, and with leadership transitions running rampant, it was difficult to focus the Company on a single, unified strategy. Aziz changed all of this.


In the first year that he took his post as CEO of the Company, Gregory J. Aziz made it clear that the focus would be growth and innovation. He knew that NSC had always been lucky with its engineering expertise, and with new regulations and safety laws being passed every year in the railroad industry, National Steel Car was the company to produce things correctly. Gregory James Aziz also created an influx of cash into the business to spend on capital improvements and expansion. In just a few years, NSC had grown from only 600 employees to over 3,000. Production capacity also increased due to capital expenditure by over 300 percent. Now National Steel Car was ready to take on the world. Get Additional Information Here.


Today, NSC boasts revenues of over $200 million, and it remains one of the only successful manufacturers of rolling stock in North America. The Company also continues to win awards for quality. Greg J. Aziz will continue to make this Company the best-in-class in the railroad industry.


The Success of the National Steel Car in Association with Gregory Aziz

The National Steel Car has a reputation for the quality production of the freight cars. The company was founded 100 years ago. The Current CEO of the firm, Greg Aziz, bought if from Dofasco two decades ago. The car has undergone significant changes to improve its quality and fit the customers’ needs over the years under Gregory Aziz.


James Aziz always wanted to make the Canadian Company the most prestigious company in the manufacturing of the railroad cars in North America. However, he had to be patient to accumulate the required funds to purchase the firm.


After acquiring his degree at the University of Western Ontario, where he majored in Economics, he decided to join Affiliated Foods, which is his family business. Gregory Aziz dedicated almost two decades of his life working in the firm. Affiliated Foods deals with the distribution of fresh foods. Thanks to the great strategies and informed decisions that Greg made for the company, it is now a global firm in the wholesale distribution of fresh foods.


This was not the dream of Greg Aziz, and therefore, despite the progress he was making with the Affiliated Food, he had to resign and follow his passion. He, therefore, moved to New York in search of banking opportunities. This was to lay the foundation for his acquisition of the National Steel Car.

In 1994, Greg Aziz finally made a milestone by buying the National Steel Company. To achieve his dream of making it the leading conglomerate in the production of freight cars a lot had to be done. Greg Aziz ensured that he utilized the capital and all the resources of the firm. Having majored in Economics, this didn’t pose a challenge to him. James Aziz also knew that the company was only going to achieve success if there was cooperation among the employees. He encouraged team building projects to enhance unity.


Five years later, Greg’s hard work finally began to manifest. The output of the freight cars increased to 12000 from the initial 3500 annually. The employees of the National Steel Car, then 600 could no longer cover the workload of the firm. The labor force was, therefore, reinforced by raising the number to 3000. View More Information Here.

Greg Aziz says that everything the National Steel Car has accomplished has been through hard work and teamwork. The other contributing factor attributed to their success is there co-values that they have made a culture to uphold at all times.


A Behind the Scenes Look at Dick DeVos

The year 1991 brought about a new plan that began to float around publicly about a new multi-purpose convention and sports center just to the north of downtown Grand Rapids. At the time of the new plan, Dick DeVos was on the path toward becoming the new CEO of his family’s company, Amway Corp. When he heard of the plans, he started calling around and lobbying against the entire idea.



His worry was simply that the new convention center plan would be a detrimental move for downtown Grand Rapids just like the Pontiac Silverdome had been when the Lions and the Pistons both left the city of Detroit. DeVos and his wife never forgot that incident, which is what started his campaign, to begin with.



During his fight against the new building plan, DeVos helped create the Grand Action, which is a group of various business leaders who helped push the construction of the Michigan State University’s medical school facility, the Grand Rapids City Market, the Van Andel Arena, and the DeVos Place Convention Center to say the least.



Both Dick DeVos along his loving wife Betsy are heirs to their families’ fortunes. They have even spent most of their grown up lives trying to change various policies and institutions that do not meet their final goals. Their political influence, since they are GOP mega-donors, has helped change a great deal in both education and labor state laws.



Betsy, particularly, has been successful in the expansion of several charter school programs, and Dick DeVos has been working behind the scenes to help change the state of Michigan to a right-to-work state that no longer requires union membership for employment.



The DeVos influence has also extended well beyond the reaches of Republican politics and various conservative causes. Just in the past several years, the DeVos Family Foundation, ran by Dick and Betsy DeVos has been giving away at least $138 million to various programs like leadership, arts, culture, health, church, and various human service programs.



Just in Grand Rapids, the couple has been reported to give at least $12 million in donations toward a children’s hospital’s construction, to be named for Dick DeVos’ mother, Helen. The hospital has been a way to help families who are suffering avoid the long drive to the Mayo Clinic or other hospitals around the area.



However, their biggest topic to date is the education reform projects that Betsy has taken on with her husband by her side. While Betsy has been working hard from her position as the U.S. Secretary of Education, her husband has been working hard elsewhere, making it to the top of the civilian panel that oversees the Federal Aviation Administration.



Dick DeVos has also played a huge role in the redesign of the Gerald R. Ford International Airport, helping bring it back to life in a way. He has been credited for helping lower the fares of travel through the airport and even bringing in more traffic resulting in passenger growth. His work as an aviation pilot has helped both with own goals and his wife’s as well. Learn more:


US Money Reserve, Taking Precautions For Business

The US Money Reserve is a private company that issues government issued gold, silvers, coins, and metals. They US Money Reserve has been around for several years and they have been doing really well business wise. The company was founded in 2002 by some veterans in the gold market. The veterans created the company because they thought there weren’t enough companies in the market who had both great customer service and quality gold as well. The company has grown significantly since the grand opening of the business. As of today the US Money Reserve has about 250 employees who are employed with the company. The US Money Reserve is under the leadership of Philip N. Diehl, and he has been doing an amazing job with the company.


Recently, Philip N. Diehl called for the company to have an emergency meeting. The meeting is very much needed because in the meeting the company will be discussing how to protect themselves from cyber attacks, terrorism across the world, and different internet hacks that are happening in today’s world.


Many people on the outside don’t understand the connection between the internet and the US Money Reserve; however, the link between the two are strongly connected. Since a lot of today’s business is done online these days it is important to talk about how to prevent yourself and the business to become a company that becomes attacked by a hacker in the future. Someone could easily attack the US Money Reserve’s website and change the prices of their inventory. Discussing the problems of terrorism is also important because depending on where the terrorism takes place, that could also effect the gold market in a negative way as well. Philip N. Diehl is a great leader and it is very smart of him to take these precautions in order to keep the company as safe as possible.


The US Money Reserve will stay at the top in the business world because they have lots of specialist on hand to help with the everyday needs of the business. For example, the US Money Reserve has a customer relations department, a inventory department, a vault and a shipping department,a compliance department, and a standards department as well. They also have a business support development team and senior gold specialist on site for the company as well. Overall the US Money Reserve is an amazing company with an amazing future!

The Individual Era and Fabletics

Each era has its own particular sign. The sign of the era often shows up in fashion. These days, people are more encouraged to their own individuals. This is shown in the fashion industry with more items coming out. Also, both male and female stars are actually taking risks with fashion. They are aware of the risks of being ridiculed, but this doesn’t stop them. The fashion industry encourages people to take risks and not be too worried about the rules of fashion. After all, no one is going to be able to be someone else. The fashion industry does point out something interesting about human nature.


One of the most interesting things about people is that when one person is admired, other people will try to be that person. However, when they try to be that person, they are not celebrated. Then when they branch out as their own person, they get their own admirers. This happens so many times that the fashion industry has started to show signs of a change of mindset. However, there are people and brands that are very influential in bringing about this mindset change. One person is Kate Hudson with her brand, Fabletics.


Fabletics has been founded with the sole purpose of listening to the customer. This has not only given plenty of insight on what new signs are going to sell, but also increased the engagement and trust between the customer and the brand. Kate Hudson has looked at ways to use the power of the crowd so that people will be more likely to discover the brand and enjoy the advantages.


With this new era of fashion, people are more likely to discover their own individuality and self expression with the clothes they wear and then come to appreciate themselves. This is what fashion can be. It is not about trying to dress like and be someone else. Fabletics puts a lot of thought into the design of their items. They look at different parts of the outfits such as shoes, shirts, and the different bottoms. One thing that can be said about Fabletics is that there is a unique design in every product.

Sahm Adrangi endeavors to deliver the best for the best

The challenges that come with starting up a business is different from one individual to another depending on the level of expertise as well as capital availability and the scope of the venture as well. According to Sahm Adrangi, starting own commercial venture was not a big challenge given the skills and expertise he had in addition to the enormous capital at his disposal. However, the fundamental aspect that made make the first move was the will; the will pursue personal dreams and aspirations notwithstanding any challenge that came on the way as the saying goes, Where there is a Will, there is a way. Sahm Adrangi was unstoppable in his quest.

The formation of the Kerrisdale Capital Management in 2009 marked a blueprint for the path that would take Sahm Adrangi to financial freedom. In spite of the economic crisis that had hit the country, Sahm would stop at nothing apart from seeing to it that his life-long dream as well as ideas came to life. He became the Chief Investment Officer of his company, a position he served with hard work and diligence. Sahm would then participate in nearly all aspects of growing as well as developing the firm. Consequently, he was viewed as a leader that wears many huts given the varied roles he played, and .

Sahm Adrangi is a guy whose fame grew in recent years like bush fire due to his numerous appearances on interviews at various media outlets such as CNBC as well as Bloomberg. The platform was given to him to share an expert opinion on the direction of the market, a task he performed excellently. More so, he was highlighted on an array of publications including the Washington Post, the New York Journal, the Wall Street Journal, and Business Week among others.

In his role as a speaker, Sahm Adrangi would get invitations to attend various conferences where he was expected to deliver talks. As a part-time activity, he would meet with other renowned personalities in the sector. In spite of the diverse roles that Sahm undertook, he endeavored to deliver the best for the best of all, and

Changes At Banco Bradesco SA Following The Resignation Of Chairman Brandao

Come March 2018, Luiz Carlos Trabuco Cappi, will step down as the CEO of Banco Bradesco SA. Some of the in-house names that have come up to take over the CEO role at Brazil’s second largest bank in terms of market share are Mauricio Machado de Minas (58), Domingos Figueiredo Abreu (58), André Rodrigues Cano (59), Alexandre da Silva Gluher (57), Marcelo de Araujo Noronha (52), Octavio de Lazari (54), and Domingos Figueiredo Abreu (58). Banco Bradesco is known for promoting in-house top executives to bigger roles instead of outsourcing talent. The proposed individuals work in different departments of the bank that include the bank’s treasury and lending departments, branch network and high income segment, IT department, corporate and investment banking, human resources department, insurance unit and chief risk officer.

About Bradesco’s New Chairman

Luiz Carlos Trabuco Cappi pursued his undergraduate and postgraduate studies at the Faculty of Philosophy, Sciences and Letters of Sao Paulo and the Fundação School of Sociology and Politics, São Paulo, respectively. Prior to the resignation of Lazaro de Mello Brandao as the president of Banco Bradesco SA, he was serving as the CEO of the bank. He has, however, now taken up the role of chairman of the company, and will also serve as the CEO until March next year when a new CEO will be elected. Luiz Carlos Trabuco Cappi will, therefore, serve as CEO until 30 days to the bank’s shareholders assembly.

Work History

Luiz Carlos Trabuco Cappi started his career in the banking sector in 1969 at the age of 18 years. Since then he has risen through the ranks by taking up different roles within Banco Bradesco SA. He rose to the level of director in 1984 and moved to a vice president position in 1999, before serving as chairman of Bradesco Seguros Group from 2003 to 2009. From here, he was promoted to the CEO position of the Bradesco Organization companies in 2009. Given that Brandao has officially handed in his resignation as the chairman of Bradesco’s board of directors, Luiz Carlos Trabuco Cappi is set to take up the chairman position, taking up the top-most job at the company.


Other Positions Held

Over the years, Luiz Carlos Trabuco Cappi has worked in different capacities at different organizations. This has earned him the requisite knowledge and experience to help him secure the chairman role at Bradesco. He has previously worked with the likes of the National Association of Private Pensions, Odontoprev SA,the Brazilian Association of Publicly-held Companies, Bradesco Vida e Previdencia, and the Insurance Group, among others. He continues to grow hone his business and leadership skills by currently also working for organizations such as Elo Participacoes SA where he is the chair of the board of directors. Additionally, Luiz Carlos Trabuco Cappi is the current vice chair of the Bradesco’s board of directors, and also sits on the boards of the Strategic Committee of Vale SA and the Brazilian Federation of Banks. He also offers his services at the Brazilian Confederation of Financial Institutions (CNF) as chairperson of the executive board and the board of representatives.

Brandao’s Legacy

Luiz Carlos Trabuco Cappi takes over Bradesco’s top leadership from Brandao, who at the age of 91 years is one of the oldest banking leaders in the world. Brandao exits the top leadership role at the firm but still gets to keep other roles at Bradesco’s holding companies according to During a session with journalists, Brandao confirmed that he willingly resigned from his position and that his family welcomed his resignation. Brandao will be remembering for fostering a culture of in-house promotions to top executive positions at Banco Bradesco SA over the 25 years he was in charge of the bank, instead of hiring talent from outside the firm.