Tag Archives: Sahm Adrangi

Shorting and Sahm Adrangi

On May 3 of this year, a finance conference called “The Art, Pain, and Opportunity of Short Selling” convened in Manhattan to discuss the future place of short selling in the business world. This is in response to many international trading experts testifying to seeing their short components decrease in value. As a result, many traders were seeing significantly less returns on their trades. The conference had a wide array of speakers on various trends. The conference, which took place at the New York Athletic Club, was designed to help traders of all levels navigate the new complexities found in today’s marketplace.

Despite the fact that many traders have reported the lower productivity via shorting, most traders are still clear that shorting is the way to go. One of these traders is Sahm Adrangi who manages more than $150 million for Kerrisdale Capital. He says he has recently produced enormous profits by shorting fraudulent Chinese stocks. The speech of Sahm Adrangi on the subject entitled “Ad Fraud Opportunities” was considered one of the highlights of the conference. Sahm Adrangi credits shorting in this manner to Sahm Adrangi’s building Kerrisdale from a relatively small startup into one of the largest trading companies in the world.

Other highlights included Enrique Ubillos of Project M Group; Soren Aandahl of Glaucus Investment; Mark Roberts of Off Wall Street Consulting Group; David Einhorn of Greenlight Capital; Victoria Hart of Pinnacle View Capital; Jon Gattman of Cloverdale Capital Management; Mark Spiegel of Stanphyl Capital Partners; and Claire Gogel of Wildwood Capital. The cost per person to attend was between $2,000 and $4,000, depending on when and where the person registered. Analysts say the steep cost was well worth it for those serious about the trading world.

The conference was finalized with a reception in New York Athletic Club’s Olympic Suites.

 

https://www.buzzfeed.com/sadotw/according-to-cnbc-sahm-adrangis-kerrisdale-capit-1inkl?utm_term=.hnyKbKp6B#.tyAQGQ7jE