Shinning a light on Randal Nardone.

For an individual business professional to sit on the board of directors of the Florida East Coast Railway, Eurocastle Investment, Impac Commercial Holdings, FMA LLC, Seacastle, FM Falstaff Advisors, Newcastle Investment Holdings, FIG LLC among others he requires that golden touch that comes with experience. This however is true for Randal Nardone. He is one of the founding members of The Fortress Investment group and has been come be revered in business circles over the years together with Wesley R. Edens, and Rob Kauffman. His passion for business began when he joined BlackRock Financial Management from Thacher Proffitt & Wood a law firm where he was already a partner.

Randal Nardone had studied for his Juris Doctor degree at Boston University school of law. He would then join UBS as a managing director. He had always harbored the ambition of starting an asset management company which would be used as a private equity fund for his future investments.It was thus no surprise when together with his two colleagues brought together an initial investment of four hundred million dollars to start the fortress investment Group. His passion for the same has only grown since that time in 1998 and he was able to oversee the growth of this capital to almost 3.5 billion dollars within the first five years. This ensured that the group was steadily becoming one of the biggest held private asset management firms in the country. This saw him get elected to the board of directors in 2006 at a time when the group was experiencing rapid expansion and needed some steady hands at the helm.

The fortress investment Group would be listed on the New York Stock Exchange in 2007 being underwritten by Goldman Sachs and the Lehman Brothers. This saw Randal Nardone join the prestigious billionaires club as listed in Forbes Magazine at the time. Randal Nardone took over as interim CEO sometime back in 2011 and has continued to steer the group to larger acquisitions as well as mergers. He was at the helm when Fortress took over AIG’s American subsidiary and transformed it into what is today known as Springleaf Financial Holdings and serves as the current president and Chairman of the Board of Directors. Tokyo-based SoftBank Group bought fortress investment group for approximately 3.3 billion, which Randal Nardone referred to as a timely investment at a time when private equity funding was declining while Fortress was experience expanded business especially in its Asian market.


Shervin Pishevar Expresses Concern About Monopolies

Shervin Pishevar, a venture capitalist known for being an early investor in several hot tech companies, recently expressed his concern about the monopolies taking place in the United States. Shervin expressed his concern using Twitter and sent out dozens of tweets in less than 24 hours.

A monopoly is identified as exclusive possession or control in a particular commodity or service. Shervin Pishevar identifies that Amazon, Facebook, Microsoft, Alphabet, and Apple all have monopolies in the United States. He goes as far as comparing them to Ma Bell and says that they are more dangerous than the telephone company because of the amount of data that they have access to.

One of the more concerning aspects is that the monopolies are growing. They are gaining more power because they are buying many of the startups that enter the marketplace. Shervin Pishevar refers to these as silent assassinations. Essentially, any startup that shows any level of competitiveness and innovation is purchased by one of the monopolies, which only gives the monopoly additional strength.

Shervin Pishevar doesn’t offer any solutions as to how to strip the monopolies of their power. The only warns that it’s necessary for the monopolies to be broken up, similar to Ma Bell. By doing so, it will allow more businesses to enter the marketplace. More businesses will ultimately be what is healthier for consumers.

As it stands right now, the monopolies have access to more data than any sovereign. Additionally, cities are crying out for Amazon and the other monopolies. The government is also allowing the monopolies to continue. View More Information Here.

Shervin Pishevar has over 91,000 followers. His tweets have been mentioned on countless blogs and many people have retweeted, which ensures that more and more people are learning about the monopolies and the concern that needs to be discussed in one way or another.


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What The World Needs To Know About Shervin Pishevar’s Tweets

Shervin Pishevar dozens of tweets within a 24 hour period. This was unusual as the venture capitalist had been relatively silent on Twitter for several months. However, as he explained in his first tweet, he had some thoughts on a financial storm that he sees brewing in the months ahead.


The Economy is in Trouble

The first thing that Shervin Pishevar mentions is that the stock market is in trouble. He anticipates a 6000 point drop in aggregate over the next several months. He then goes on to explain that he also sees interest rates on the rise as well as more deficits in credit accounts. He also identifies that the bond market isn’t as strong as everyone thinks that it is.

Shervin Pishevar made it easy to follow along in his thoughts on Twitter because of numbering all of the tweets. It is unclear as to whether he anticipated sending 50 from the very beginning, though he shares quite a bit regarding his thoughts on the economy.


There are Too Many Monopolies

Years ago, the United States dealt with Ma Bell, which was one of the strongest monopolies in history. Shervin Pishevar identifies that there are currently five monopolies in the United States that have even more power than the phone company of yesterday. These include Alphabet, otherwise known as the owner of Google, Facebook, Microsoft, Apple, and Amazon.

Shervin Pishevar expresses the importance of breaking this monopoly apart because they have access to too much data and have too much power. If startups that are on the level of Uber and Airbnb ever have a chance of success again in the marketplace, it is imperative that we as a nation take the monopolies down.

The sheer number of tweets sent over such a short period of time is what helped get his comments noticed and many people are already working to forge plans.


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Shervin Pishevar Releases a Stunning Tweet Storm

Shervin Pishevar has a been a key venture capitalist to several popular tech brands. He propagated Uber, Postmates and Airbnb. Additionally, he helped found Virgin Hyperloop One and other projects that could shape humanity’s future.


On Feb. 5, 2018, Shervin Pishevar  began a tweet storm prompted by a recent slide in the American stock market. His thoughts required 50 tweets. People interested in the United States economy should consider the following highlights from his tweet storm.


2018 Will See a Significant Loss in Dow Value


Despite reaching a record close in late January, the Dow Jones Industrial Average began February by giving back all of the previous month’s gains. Shervin Pishevar warned that February’s tough start was not an aberration. “I expect a 6000-point drop in aggregate in the months ahead,” he tweeted regarding the Dow.


That size of drop would exceed 20 percent of the index’s peak close at 26,252.12 points. Such a prediction should unsettle investors’ minds.


America Trails Its Competitors


Pishevar also said much about America’s footing on the global economic playing field. He told his followers, “A tectonic shift has been brewing as Silicon Valley has lost some of its competitive edge against competing zones of innovation.” Further, he said, “Silicon Valley is no longer a physical place but an idea that’s gone viral. Entrepreneurship is a movement. Borderless!”


Further, in addition to being a successful venture capitalist, Shervin Pishevar is a naturalized United States citizen who immigrated from Iran. He stands against current U.S. immigration policy. “While we build walls, both physical and cultural, to keep out immigrant talent, that talent doesn’t need to come here anymore,” he stated. Get More Information Here.


Cryptocurrency Will Revolutionize the Marketplace


Pishevar foresees great change for the 21st century’s economy. Within his tweet storm, he forecast an economic revolution caused by stateless cryptocurrencies like Bitcoin. He tweeted favorably on the subject, saying, “When all the middlemen are irrelevant, we can have a global economy that is more perfectly efficient and frictionless.”


Shervin Pishevar’s resume gives his words clout. Hopefully, those who control the U.S. economy’s levers will pay attention and change accordingly.

Shervin Pishevar Writes 50-Tweet Storm about 2018’s Economic Uncertainty

While Shervin Pishevar is not widely known outside tech circles, the venture capitalist has helped propel several brands to popularity. His money and expertise have aided the rise of Dollar Shave Club, Postmates, Uber and other online outfits. On February 5, 2018, he applied his wisdom to a 50-tweet thread, which he published over 21 hours.


Motivated by the Dow Jones Industrial Average’s rocky first few days of February, Shervin Pishevar forecast a bumpy year. “I expect a 6,000-point drop in aggregate in the months ahead,” wrote Pishevar in the storm’s first tweet. His subsequent tweets explained his reasoning.


Pishevar cited rising interest rates, increasing credit-account deficits, President Trump’s tax cut and America’s isolationism as contributing factors. He also said that short-term investors would find no relief in the bond market. Further, Virgin Hyperloop One’s co-founder warned that inverse exchange-traded funds are overloaded and would be to blame if a crash similar to 2008’s Great Recession occurred. “Expect Credit Suisse to suffer the most,” he wrote.


Whether or not that vision comes true, Shervin Pishevar said that gold’s price will rise through 2018, as investors seek less-volatile opportunities. In turn, he said, “Bitcoin will continue to crash.” Still, Pishevar indicated cryptocurrency would be a revolutionary force in the economy.


He said block-chain-mined coins are morphing money into a platform. “Currency as the ultimate app,” tweeted the venture capitalist. Pishevar predicted Bitcoin or one of its contemporaries would usher in a frictionless global economy.


Additionally, Shervin Pishevar stated that America’s anti-regulation movement gives too much power to too few people in the dotcom world. “We might not see another Uber or Airbnb-scale business for ten-plus years, unless the Modern Ma Bells are restrained from their absolute power,” he forecast. He also warned of high-tech robber barons and equated their small acquisitions to bloodless assassinations.


The United States can change. It can become nimbler, and it can catch up with China, where a train station was recently constructed with modern techniques in only nine hours. To change, the nation that birthed Silicon Valley must thoughtfully consider Shervin Pishevar’s tweet storm. View More Information Here.



What CIO Sahm Adrangi Thinks Of Eastman Kodak’s Move Into Cryptocurrencies

Sahm Adrangi is the chief investment officer of a private investment firm, Kerrisdale Capital Management, LLC. He recently revealed that after Eastman Kodak Company announced their move into cryptocurrency he had taken a short position on this company.


Eastman Kodak Company is a business that provides commercial printing services as well as imaging solutions. They recently announced that they were going to release a new digital platform that they had developed along with a partner. This digital platform will be based on blockchain technology, the programming that is used by cryptocurrencies such as bitcoin and Etherium. Blockchain will be used to create an image licensing platform which will hold copyrighted images. They are also releasing a new cryptocurrency that is photo-centric in nature and will be how these copyrighted images are paid for.


Sahm Adrangi called this whole development a smokescreen and sheer nonsense. He said that Eastman Kodak is just chasing the latest craze which is initial coin offerings, new made-up currencies that have absolutely nothing backing their value. He said that Eastman Kodak was just creating another cryptocurrency among a sea of these imaginary currencies. Refer to This Article for more information.


Furthering his point about Eastman Kodak, Sahm Adrangi said that for the last decade they have been in a steady decline and were now flailing about to change their fortunes. He said that this company has very poor fundamentals. He also made comments about their capital structure which he said was unstable in nature.


On February 7th, Sahm Adrangi and his team at Kerrisdale Capital Management held a conference call so that they could discuss their views on Eastman Kodak with other financial experts. The call was held at 10:30 am Eastern Time and was reached by people calling the Kerrisdale Capital Management phone number.


When Sahm Adrangi founded Kerrisdale he had two focuses for what his company would invest in. The first was on firms that feature long-term value. The second was on event-driven special situations, such as what Eastman Kodak is going through right now.