In business, legitimacy is of great importance. However, some companies always participate in fraudulent activities. All in all, the world of investment is quite dynamic, and multiple investors around Wall Street have decided to come together and address the various dynamics that have befallen the short selling industry. Well, the investors came together during a conference, and they were addressed by various renowned investors among them being Sahm Adrangi, the founder of Kerrisdale Capital.
Of all things, isn’t it weird that matcha has its own emoji? 🍵
— Sahm Adrangi (@SahmAdrangi) November 9, 2017
Adrangi is a renowned investor since he was able to turn Kerrisdale Capital from a $1 million business start-up to a company that is handling more than $150 million in terms of assets. Far from being an investor, Sahm Adrangi is well known for exposing companies that engage in fraudulent activities. For the record, he has been able to expose various Chinese companies among many more. As a man who always champions for legitimate practices when it comes to business, Adrangi aimed at shedding the limelight on Ad fraud opportunities.
Well, Ad fraud opportunities are quite enticing to investors. Nevertheless, Sahm Adrangi decided to engage the investors by explaining more about fraud and various short-lived investment opportunities. Although Ad fraud is a practice that companies should work hard to defeat, this type of fraud has its various advantages since investors can work their way into making the company’s stock has a significant value that will favor them. Nevertheless, such tactics are only suitable for short-term investments. That is why Adrangi insisted on the importance of fighting fraud in every way possible since the bigger picture is what matters most when it comes to the world of investment.
Sahm Adrangi was able to address the crowd that was present. Additionally, he was also obliged to listen to what David Einhorn had to say during the short selling conference. David Einhorn currently serves as the president of Greenlight Capital, a company that he founded in 1996. As a man who has significant expertise and experience when it comes to the world of investment, his speech would be of a great significance.
Sahm Adrangi’s speech shed light on the importance of fighting fraud through all means possible. For instance, Ad fraud leads to the stock of various companies being over-valued. Such malpractices are not suitable for business, but by fighting fraud, legitimacy will always have its way.