Sahm Adrangi and IT firms.

Sahm Adrangi is a renowned investor around the world. He has done businesses that have turned out to be very successful. He explains the development of two information technology firms and how they have related to each other. These IT firms are Cognizant and Luxoft.

Sahm Adrangi currently works at Kerrisdale Capital, and this has about $150 million that he manages and has held Luxoft (a software firm) business shares since the beginning of 2015. He says that they doubled their position in the third quarter because the decreasing stock created a great opportunity.

Sahm Adrangi liked Luxoft because it was similar to Cognizant, which was at some point Kerrisdale Capital’s second largest holding. Luxoft has been slowly selling off its stake in Cognizant and we are told the reason these two information technology firms have changed positions. Luxoft and Cognizant have got variation in programming and valuation in that Luxoft programming is way better compared to Cognizant.

Sahm Adrangi explains how Cognizant was about fifteen years ago and he says that it was the size of Luxoft. The reason Luxoft has done so well is because of the high demand for software developer work. Luxoft has had its stock rise up to 30 times. Luxoft is unique because it has experienced programmers who not only design websites but also focus on much profitable projects. These programmers have graduated from renowned universities that offer quality education on engineering courses across the world.

Luxoft concentrates on just a few major customers while Cognizant is more diverse and this way Luxoft is not as valued as Cognizant. This is one difference that makes people value Cognizant more than Luxoft however the latter is still at its young stages and with time it may reach out to more people therefore gaining more value. Luxoft has great potential to grow and expand throughout the world in a few years.

Sahm Adrangi is highly experienced in matters business and also economics and therefore this has led to his success in the business sector. He is able to manage Kerrisdale Capital a company that is worth lots of millions.

https://www.crunchbase.com/person/sahm-adrangi

Shervin Pishevar’s Surprising Economic Advice

Shervin Pishevar thinks that gold is a good investment in the short term. This is one of the nuggets of positive information I was able to glean off of his latest Twitter rant. The rant lasted a little less than 24 hours and nobody is really sure why the former head of Sherpa Capital took to Twitter so aggressively.

But I’m going to take advice where I can find it. Shervin Pishevar has built empires based on his knowledge of the economy and some of this information is actionable. He believes that gold is going to rise in value as the stock market collapses more than 6,000 points. This dire prediction can actually make an investor a lot of money.

Most people do not know that they can make money off a downturn in the stock market. You can invest in safe bets like gold when the economy collapses. You can also bet against the stock market and make money when everything tanks. And Shervin Pishevar believes everything is about to tank big time.

I would advise pulling your money out of Bitcoin. He believes the cryptocurrency is about to crash down to the $2000-$5000 range. He also believes that Bitcoin will continue to rise slowly over the next two years. I would wait for the currency to collapse before buying up as much as I could so long as I had the money to make a long-term investment.

I would be pulling my money out of bonds and equities, as well. Shervin Pishevar predicts that these two markets will become extremely volatile with the bond market trying to rally after the stock market collapses. It will do so for only a short period of time before it and the equities market collapse. He believes that this is all due to the president’s trade wars.

It seems that Shervin Pishevar also recommends pulling investments out of Silicon Valley. He believes that innovation has stagnated in the tech valley and that others will innovate beyond their comprehension. Innovation, he says, is a borderless idea and not confined to a geographical area.

https://www.brainyquote.com/authors/shervin_pishevar