Sahm Adrangi and Short Activism

Sahm Adrangi is aware of the denseness of Chinese currency as well as the Chinese markets. It was from these markets that Sahm Adrangi built his business from. As anxiety grows concerning the level of Chinese debts, its trading connections with the United States, interest rate policy; a primary element on the minds of investors is uncertainty because of the official unreliability economic statistics of the Communist Party. Sahm knows that it is difficult to trust any information from China. He did his first financial world splash by shorting deceitful Chinese Organizations listed on American Exchanges. Sahm widely shares his comprehensive report and cashing out how these companies tanked.

Sahm Adrangi and his Kerrisdale Capital fund carve themselves in a position within the developing world’s short activism, and currently, they are among the thoughtful leading leaders in the ever-changing strategy. Adrangi graduated from Yale University and became Deutsche Bank’s investment banking analyst. He later joined Longacre Management, which was a distressed fund before starting his firm Kerrisdale Capital Management.

Over the time, Kerrisdale has built for itself a name through short selling and savvy research. The firm started with a strong base, employing its shorts about Chinese frauds which made it turn in a hit year in 2011. Within three years, Sahm Adrangi had managed to transform his initial $300k family and friends fund into an organization facing hedge fund that manages over $250 million. The organization had spent its first year concentrating on Chinese frauds; however, since then, Sahm Adrangi has been focusing on western companies just like other short activism peers.

Sahm is different from other hedge fund managers and mostly the Wall Street because he is fond of using social media when it comes to sharing his investment ideas. Wall Street is always doubtfully about social media although some managers are now realizing the effect that social media brings along. In recent years, Bill Ackman, Jeffrey Gundlach, and Carl Icahn have taken it to Twitter. Sahm uses both his personal and Kerrisdale twitter accounts just like these other big companies do, allowing him to target organizations that are less known to the public.

https://twitter.com/sahmadrangi?lang=en

GreenSky Credit Owns Nothing Physical While Turning Huge Profits

It’s important to own nothing if you want to be a billionaire. You don’t want your company to be mired by inventory, depreciation, loss or damages. You want to make money while owning nothing physical that can wear down, break, be stolen or lost. It’s a difficult idea that has been mastered by David Zalik and his company GreenSky Credit.

Humble Beginnings

You can read about David Zalik’s incredible story on Wikipedia or in Forbes Magazine. The guy never technically graduated from high school or college because he was advanced to Auburn University at the age of 14. At Auburn, he built computers from scratch and sold them to students. He rolled those profits into other companies before coming up with his GreenSky Credit idea that had him dropping out of college.

Ridiculously Simple

David Zalik’s GreenSky Credit idea connects homeowners to contractors for home improvements. It is a smartphone app that homeowners can use to procure a loan for home improvements which fuels more work for contractors. The app only approves those with great FICO credit scores. GreenSky Credit then takes these loan applications to a bank.

The bank funds the loan which means they take on all responsibility for the loan. In exchange for the loan, GreenSky Credit receives 1% of the spreadsheet annually. Contractors also cut the Fintech company 6% of each loan amount.

GreenSky Credit Own Nothing Physical

The Fintech company makes a ton of profit without any liability or ownership. The only thing that the company owns is the transaction itself. The bank owns the loan and all of its responsibilities while the contractors own all the inventory. After all, home improvements need to be performed with tools and supplies.

David Zalik has amassed a $2.5 billion fortune while owning nothing but a smartphone app. He’s the ultimate American middleman and it doesn’t seem to be slowing down anytime soon. If you want to make $1 billion just look at what this math prodigy has done in the world of financial tech. He owns nothing but profits off everything.

http://www.cisneyremodeling.com/financing-options-from-greensky-credit.html