Sahm Adrangi is the founder of Kerrisdale Capital Management, LLC, and serves as the company’s Chief Investment Officer. The firm was founded in 2009, and he has been on the forefront in its development agenda. Kerrisdale Capital Management is a research-based investment firm that collects most misguided notions that companies employ especially in the stock market. The Securities and Exchange Commission recognized Sahm Adrangi in 2011 when he exposed numerous fraudulent businesses. The company’s goal is to focus on a few companies such as biotechnology, telecommunication, and mining, where it aims to become an expert. Read more at Endpoints News about Sahm Adrangi.
Kerrisdale Capital Management in addition to these three sectors shares reports and research on a significant number of industries and businesses. Their reports aim to project to these companies the prospects of their theories and plans whether they will be successful or not. The recent company to face such a report is Eastman Kodak Company that launched a block-chain image platform involving photo-centric cryptocurrency. This has led to the stock of the company rising by 187%.
Kerrisdale Capital, however, believes the move is ill mastered and cannot solve Kodak’s capital structure and poor fundamentals. According to Kerrisdale Capital and Sam Adrangi, the block-chain cannot fix the problems associated with expensive and complicated loyalty accounting, and the claim that the new cryptocurrency will pay photographers well is just investor enticement. According to Kerrisdale Capital, it is not possible, and it holds no practical advantage for Kodak to use a block-chain in image rights management neither for a photo-centric cryptocurrency.
Sahm Adrangi notes that the new cryptocurrency is a just a way to capitalize on speculations. The KODAKCoin faces challenges as new means of exchange as it does not allow all photographers equal requirements since only accredited investors can take part in the ICO.
Sahm Adrangi holds a Bachelor in Economics from Yale University. He started his business career by working in banks and hedge funds. He has worked as an investment analyst. At Chanin Capital Partners, he worked in the bankruptcy restructuring group and was an advisor in matters out-of-court bankrupt restructuring. He helped Deutsche Bank structure high yield bonds and debt refinancing. Read more at nymag.com about Sahm Adrangi.