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.
The end goal of every business person is to immerse a lot of wealth and create a legacy. You want people to remember your time in the industry. The currency CEO of the UTC says that a CEO of a company is a steward. This means that you have to ensure that by the time you are leaving the organization, everything is better than you found it. Well, this perfectly describes Louis Chenevert.
Louis Chenevert is remembered every day in UTC because most of the things that the company is enjoying today, is as a result of the effort that he made and his intelligent decisions. The reign of Louis Chenevert lasted for less than a decade but what he did for the company will last for many decades.
Louis Chenevert encouraged the UTC firm to invest in high innovation future technology. Although this seemed like too must to ask, the firm is now enjoying the fruits of the investment. The GTF engine that Louis purchased from the Pratt & Whitney is currently being used in more than 70 aircraft by 14 airlines. This is because it reduces fuel consumption and emission of gases as well.
Louis Chenevert also believes that the only way a leader can be effective in their job is by having a solid team behind them. You cannot achieve your goals by yourself. You need a team to help in the evaluation of your goals. This explains why when other employers were busy conducting laying offs to get past the financial crisis, Louis Chenevert did not consider this option. Similarly, when others began moving their production units to nations from which they believed they could get cheap labor, he also did not follow them.
Louis Chenevert believes that cheap labor will only compromise the quality of the services. For this reason, whenever he saw engineers on a site that was no longer productive, instead of cutting off their services, he moved them to another productive location. Louis Chenevert encourages the young business people to investin their team to ensure that the services they get are quality. It is through a great team that dreams are lived.