Monthly Archives: October 2017

SahmAdrangi, Founder of Kerrisdale Capital Management

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The Chief Investment Officer as well as Founder of Kerrisdale Capital Management, SahmAdrangi, has been part of various aspects of the company’s development since 2009 when it was founded. The firm presently manages $150 million as of July 2017; it was a huge stride from under $1 million when SahmAdrangi launched it.

The hard-charging graduate from Penn State landed an internship in NYC at Merrill Lynch’s credit desk through networking and sheer hustle. He was able to spend an additional three years at Merrill while trading credit on the counter due to his “clickability” and hardworking personality. His experience landed him at the $3 billion hedge fund, Longacre. Adrangi, the current founder of Kerrisdale Capital, partially overlapped his time at Longacre. In a recent piece published by Sahm: The Pebble Deposit Isn’t commercially viable, moved the market on 14th February.

He then served at the credit team for Paulson & Co, where he made approximately $6 billion shorting mortgage bonds. Before joining Paulson and company, he worked as a credit Pm at Bowry Investment Management, LLC for about three years Given the high cost of living in NYC, the hours in addition to the perception that the game had evolved, he made a life decision to quite Wall Street. Nonetheless, he still enjoys several investments and generates lots of his income from good securities selection. The returns are from the seed capital he made at the Wall Street. In a nutshell, he is indeed a good guy and loves making investments which have made good money for him.

Besides publishing, Mr. Adrangi took the role of an activist in various investments. For instance, he engaged with the Lindsay Corporation management to maximize the firm’s capital allocation policies and cash deployment in 2013. In the preceding year, Adrangi led a unique proxy contest to replace directors of Morgans Hotel Group with other two directors. Furthermore, he has been a speaker in at various conferences such as the Value Investment Conference, Sohn Conference, Traders 4 a cause and the Activists Investor Conference. He also appeared in interviews on Bloomberg and CNBC and featured in various publications.

 

 

October 28, 2017

Market America Inc Develops the Right Mental Attitude

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Having a Market America Unfranchise business requires the right attitude. Jim Winkler is a great proponent of having a positive mindset. He believes that the right attitude and knowledge lead to success. It is important to keep up with the latest Marketing America Inc news and features from reputable news outlets such as the Better Business Bureau.

Winkler believes that success is different from failure because of the things people are willing to do. Successful people are willing to do more to create opportunities for themselves. People should have the belief that their businesses will work because attitude comes before money. He is of the opinion that people have to work to become successful.

He used skills that he had acquired through the years to develop the right mental attitude in the Market America Unfranchise business. He recommends listening to Marketing America recordings every day. He also suggests having a weekly call with your senior business partner and keeping a consistent level of communication to enhance your knowledge. It is also important to participate in meetings and conference calls and stay in touch with the Market America community.  He believes that one should always spend time with positive people and avoid negative people. It is also good to be around go-now people who are motivated and convert instructions into tangible results. In case you do not have a go now person, you need to make yourself one.

The Market America plan should not be viewed as a hobby but a serious business that can take you where you want to go. You should look at it as a million dollar business and develop the right mentality to achieve this goal rather than develop a wait and see attitude. Unlike a hobby, this business has the capability of bringing you money and happiness. The right mental attitude will give you the motivation to drive your business to success.

 

 

October 27, 2017

Avi Weisfogel And New Sleep Patent Discoveries

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When sleep is tough to come by, you might need to look into buying oral appliances to help with your symptoms. Oral appliances are part of what Dr. Avi Weisfogel researches at his company, Dental Sleep Masters (DSM). Weisfogel moved from regular dentistry to sleep treatment dentistry because he wanted to put his skills to work in a field that excited him. Aside from the work he does researching, he also hosts many conferences and meets with other dentists and sleep doctors to let them know of better ways to treat patients.https://aviweisfogel.wordpress.com/

Dr. Weisfogel has other people in his family who have medical backgrounds including his father who was a cardiologist. He had at one time considered becoming a psychologist because he was fascinated with the human mind. He did not enter that field, but his interest there may be part of what led him to sleep science. After finishing his bachelor’s degree at Rutgers University, Weisfogel attended dental school at NYU and received his DDS in 1997. About a year later he became licensed and opened Old Bridge Dental Care in Old Bridge, NJ.

Weisfogel always had a passion for people while practicing at Old Bridge, but he never quite felt passionate about his career itself as he told Ideamensch once. But he did win the Best Dentist award twice while there. Around 2005, he began getting in touch with sleep specialists and became part of the American Sleep and Breathing Academy, and in 2012 founded Healthy Heart Sleep. By 2014 he had closed Old Bridge Dental Care and went completely in with DSM. He mostly spends his days taking conference calls, planning events and publishing the latest blogs on sleep science, but he also is a philanthropist who donates to other medical causes including Operation Smile, a medical non-profit organization that treats children who have mouth problems.

October 24, 2017

Houston’s Talos Energy Continues to Grow

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Since about 80 years ago, no company could drill on Mexico’s coast or in their waters. That used to be to control the resources and give them back to the people. However, when there are no more profits, you need to change something. That is exactly what Mexico did recently when they opened up their drilling of oil and gas to foreign investors to pump cash into their dying economy.

Pemex was the be all and end all in Mexican oil for nearly a century because it was the nationalized choice. However, now three firms, two of them foreign to Mexico, will lead the charge to put up a new well and drill off of Tabasco in the Sureste Basin. Experts claim that anywhere from 100 million to 500 million barrels of oil could be resting there. Talos Energy, Premier Oil, and Sierra Oil and Gas won the bidding war in 2015.

Talos Energy is out of Houston. It was founded in 2012 when two hedge fund managers came together with funding to take it on. It was backed with $500 million when it was started. This proved to be a wise move. Soon after starting up, they were able to acquire other assets, such as Helix Energy Solutions for $620 million. Now, they do yearly revenue of up to $500 million already. The company has credited its rapid growth to their innovative strategies for turning assets into cash and giving astounding returns to their investors, who have funds in Phoenix Holdings, which is the owner of Talos.

Talos focuses on the gulf of Mexico and the Mexican coast. They have exploratory teams that research and find the right areas to exploit. They then set up oil rigs and extract the natural resources so they can turn it into the right kind of fuel. Over 16,000 barrels of oil per day are produced by the company. They started with just about 10 employees and have grown to over 100. This growth is in part because of the work culture there. They play hard and work hard. With perks like in house daycare, food, casual days, fun team games, and profit sharing, employees are motivated.

To Learn More : https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=183786013

October 23, 2017

Norman Pattiz’s Mind-blowing Accomplishments in the Broadcasting Industry

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Norman Pattiz holds the CEO post at PodcastOne. Norman and Tom Webster finally shared the results they found after the studies they performed about advertising. Tom serves as the Vice President of a company that undertakes research called Edison Research Strategy. The research aimed to prove if advertising using PodcastOne facilitates the awareness of the products. Five brands were picked countrywide, and there were pre and post promotion for the different brands. The study took place in six months in 2016. The results showed that Podcast listeners become aware of a specific grocery brand after the advert ran for a while.

 

The rate of awareness increased from 7% before the advert runs to over 60% after the exposure. Different products had different responsiveness rates, that is, the increase rate for a financial service product was 47%, for a garden and grass product was 24%, and for car products, the rate was 37%. The listeners also had more favorable remarks about a product in the post-research. The lawn and garden products positive views rose from 16% to 22%, and for car merchandise, the rate went up from 18%. The response to different promotions was also tested. The response rate improved to 60% for a car aftermarket product promotion and 76% for an advertisement of a restaurant which was informal.

 

The results gave an indisputable fact that PodcastOne was an efficient way to promote various brands. PodcastOne was also the best way to market new brands and increase its awareness. Norman Pattiz is the owner of PodcastOne. He was the owner of Westwood One as well, a company with similar services as PodcastOne. Under Pattiz leadership, Westwood One managed to be the leading news provider as well as in sports, talk programs, entertainment and traffic programs. The firm owned and operated other networks such as CBS News, CNN Radio, The Super Bowl and much more.

 

In 2010, Norman started another organization called the Courtside Entertainment Group. The company was involved with quality programming distribution. After two years, Pattiz launched PodcastOne once he realized that the industry had demand for the audio sector. The company overgrew due to the numerous opportunities for the services provided. PodcastOne has featured prominent guests such as Laura Ingraham, Dr. Drew, Heather Dubrow, Chris Jericho, Adam Carolla, Steve Austin and more. Norman has been recognized by different presidents of America including President Clinton and President Bush. They both appointed Pattiz to be part of the United States of America Broadcasting Board of Governors. Learn more: http://dashconference.com/speakers/norman-pattiz/

 

October 20, 2017

How Rodrigo Terpin’s Bull Team Scooped Won the Special Segment of Sertoes

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Finishing ‘The Special’ phase of the Sertoes Rally is always a pleasure and reprieve for every rally driver. For Rodrigo Terpin it came not just like a little achievement, but a landmark achievement, bearing in mind the Bull team; made up of Fabricio Bianchi and himself completed a run of dull performances in the previous legs of the competition. On this day, the Sertoes Rally started on a high note with the first stage of the race kicking off in Goiania. The gist of the sport relied on proving three essential skills in the name of caution and equipment efficiency which was all the 155 km stretch sought to test in “Specialty.”

The Difficulties in the Race

The test of time and patience was the game changer in this quest, the vast terrain proved complex and required a lot of overwork on the part of Rodrigo and his colleague. Aboard their T-Rex car, their confidence got a boost as the car was in its best condition ever and that both of them had well adapted to it. Despite ‘the Special’ dusty, dangerous curves and muddy stretches, their destination, Caldas Novas remained reachable. On the second day, things proved a little bit murkier as 45 cars were dropped from the entire competition due to incompetence. For the record, four of them and bundled due to their failure to compete for the whole of the section on the first day. The rest came out as they showed inadequate depth in skill and the reliability of their cars. Visit Terra to know more.

The Final Win

It was also on that particular Sunday that the team also battled with a 15-minute infringement along with the stretch. “The mechanical breakdown of our T-Rex stalled us but not our hopes,” asserted Rodrigo Terpin. Even though it led to their low classification in the overall leaderboard of the competition, they still managed to scoop the overall award for ‘The Special’ category. To the amazement of many other drivers, instead of the infringement dealing a blow to their quest to for a second successive win in the competition. At the end of the two-day event, the team could attest that their dedication and sheer persistence actually paid off. For more details visit Crunchbase.

Click here: https://www.mundodomarketing.com.br/noticias-corporativas/conteudo/150272/stf-inicia-o-julgamento-de-constitucionalidade-do-novo-codigo-florestal-destacam-os-socios-rodrigo-terpins-e-michel-terpins

October 17, 2017

A Sneak Peek into the $100 Million Raised by SahmAdrangi’sKerrisdale Capital Management

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Nearly $100 million has been raised by Kerrisdale Capital Management, a company owned by SahmAdrangi. This money was collected from investors to be used in betting against s single stock. This fund is seemingly the first of its kind. At times, hedge fund managers do raise money to be used in a specific investment thesis, which may include residential mortgage-backed securities among others. Kerrisdale, however, is planning to use this fund to short the stock of a public company that is yet to be unveiled. Kerrisdale has been for a long time now known for putting bets against companies and making public such cases. Some of its recent targets have been Zafgen and Sage Therapeutics, both of which are drug makers, as well as Globalstar, a satellite company. Its main hedge fund has always averaged a yearly return of about 28% in the last five years.

About Adrangi

Sahm, the founder of Kerrisdale Capital Management, is also the Chief Investment Officer of this company. He has always been at the center of decision making processes in this firm since it was founded in 2009. SahmAdrangi used less than $1 million in launching this venture, but as of July 2017, the company was managing well over $150 million. He specializes in publishing and short selling research.

He first came to limelight when he short and exposed fraudulent Chinese companies like China-Biotics, China Marine Food Group, and Lihua International among others in 2010 through to 2011. Many of Adrangi’s targets, including ChinaCast Education Corp and China Education Alliance, were thoroughly checked by Securities and Exchange Commission. Kerrisdale has since developed expertise on specific sectors, and Mr. Adrangi appears to be focusing on such areas of late.

Deutsche Bank is the place where Adrangi’s financial career in credit began. Here he used to perform leveraged loan debt and high-yield financings. He then moved to Chanin Capital Partners where he was responsible for advising credit committees on matters to do with out-of-court restructuring and bankruptcy. He has also worked at Longacre Management. Mr. Adrangi is a graduate of Yale University from where he acquired a B.A. in Economics.

 


 

October 14, 2017

A Dominating Woman In Business – Susan McGalla

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Born in Ohio, Susan McGalla is one of the most successful businesswomen in the United States. The most notable position she held was the President of American Eagle Outfitters, a company that brings in over $3 billion in revenue every year.

McGalla obtained a Bachelor’s Degree in Business and Marketing from the Mount Union College. She joined American Eagle Outfitters in 1994, after leaving her managerial position with Joseph Horne Company, whom she spent 8 years with. Of course, McGalla did not become the president upon entry, but she started working as a divisional merchandise buyer. Hard work and progress of her department helped her move up the chain, and eventually, she became the chief merchandising officer for the entire corporation.

After parting ways with American Eagle, this entrepreneur found her home in Wet Seal, Inc. Working as a CEO of this clothing company enabled McGalla to further expand her resume with another upper-management position.

McGalla has always been aware of gender discrimination in business, as she is one of only a handful female leaders around the nation. Since she grew up with two brothers and a father who was a football coach, she learned how to overcome issues arising from her “gender”. This helped her achieve a great success over a 30-year-long career that is still active.

Besides everything aforementioned, McGalla also worked as Vice President of Business Strategy and Creative Development for the Pittsburg Steelers, one of the most successful NFL teams ever. This organization has won the most Superbowl rings ever and achieving a high-management position with them put McGalla on a level above all of her competitors in business.

Even though the Susan McGalla’s portfolio is miles along and filled with prominent positions, she considers her most important achievement to be helping women in business. From her humble beginnings in the great state of Ohio, she was able to get a respectable education, work for large corporations, and lead a lot of them.

Undoubtedly, the career of this entrepreneur is one of the most versatile careers the world has seen. Started in the clothing industry at a low management position and arose all the way to the top, McGalla was a leader of a multi-billion dollar operation. Additionally, she had a chance to work in the sports industry for one of the most successful NFL teams. All of that, while staying family oriented and being a mother!

October 13, 2017

Richard Blair Offers Advice on How To Get the Most Advantages from Investing

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Finances can be really tricky for people. It is important to stay on top of everything and keep watch because even one small misstep will bring forth a lot of financial trouble. This is one of the reasons that people need the assistance and advice of a financial expert like Richard Blair. Richard Blair has a ton of knowledge about finances and is willing to share it with people. There are a lot of issues that people need help with when it comes to finances. Among the issues that people need assistance with is getting out of debt and becoming financially independent.

 

One of the reasons that Richard Blair is involved in financial advice is that he wants to make sure that he has enough knowledge so that he can give people the advice they need to achieve their financial goals. One thing Richard Blair does when dealing with people who are under a lot of debt is look at the situation. Among the things he looks at is how much the person owes and the type of problems he is having because of the debt. When he sees the amount of trouble the client is having, then he comes up with a plan of action that works well with the pace of the client.

 

With investment advice, Richard Blair offers people information on the different types of investments they can make. Some forms of investment do not even need to be taxed until retirement. This is another topic that Richard Blair is passionate about. He is very interested in helping people with retirement planning. After all, it is retirement when people have to make sure that they can support themselves during the rest of their lives.

 

Richard Blair can come up with the right combination of investment and other income sources in order to help people get to where they can not only live comfortably at the moment but also live comfortably for years to come even into retirement. The best thing to do is build multiple sources of income so that people can reach their goals more quickly and have something to rely on in case one of their sources lose out. Learn more: http://anthonycioe.com/richard-blair-providing-sound-investment-and-wealth-solutions-to-clients-in-austin-texas/

 

October 11, 2017

Reasons We Are Our Own Self-Destructive Weight-Loss Enemy and How to Stop

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You have done an excessive amount of research on weight-loss. You know what kind of goals to set and exactly what needs to be done to achieve those goals. You also know the proper time-frame to give yourself and what can be achieved, yet you have no motivation get started. Or, maybe you do get started and you do really well for a while before reverting back to your old ways.

 

If this sounds like you, you’re in the right place to take the first step in overcoming that hurdle and ceasing to be your own worst weight-loss enemy.

 

The first thing you should understand is that weight-loss can not be based solely on your diet. Though 80% of weight-loss is dieting, what about the other 20%? Fixing or changing what you eat will not fix or change the possibly that you may be overeating. You should also understand that the only thing in between you and success, is you.

 

Many people find that food is comforting to them when they are stressed, bored, or depressed. That’s why meal planning works for so many, and why despite cost Nutrisystem remains a popular option for people who don’t want to have to think about the diet.  With Nutrisystem, or Special K shakes, and similar plans, you simply have the meal prepared for you.

If this is the case for you, that is something that should be addressed in addition to the diet and here is why: when you do meet your weight-loss goal and something really stressful happens in your life, how will you handle it? Eating can not be the answer anymore, and this is what leads many people to failure. The fear of not being able to stress-eat or binge-eat makes them scared to even begin their weight-loss journey. This is why you must consider all factors into your weight-loss plan.

 

If this fear is not your biggest obstacle, what is? Are you afraid that things will be worse once you meet your goal, and if so, what? Dig deep and figure out what is holding you back and take the time to come up with a solution to each of those fears. Keep in mind that even if you have tried and failed many times before, that doesn’t mean that it is impossible. It simply means that path did not work for you, and it is time to discover a new path.

 

Your mindset plays a huge role in success as well. If you are constantly thinking about how you are going to fail, then that is exactly what is going to happen. Even though the toughest times, remaining in a positive state of mind will carry you much further than you may think or want to believe.

 

On that note, you should take some time to draw up a list of reasons why achieving this goal will make your life better. For some, it may be as simple as an improved self-image. For others, it’s the way that they feel physically and emotionally that is driving them to meet a weight-loss goal. Maybe you have been at your goal weight before and can remember how incredible it made you feel. You were full of energy and felt much more lively than you do right now. The constant worrying about what number you are going to see on the scale alone can really make a negative impact on your health. If you have children, maybe you are worried about their impressions and thoughts, and want to be a better, healthier role model for them.

 

No matter what reasons are holding you back, there are many more better, positive reasons to pursue your goal. Sort out and conquer your fears, while striving to maintain a positive attitude along the way, and remembering that it is all part of the road to success. Once you have done this, think about all of those positive reasons you listed, use those as motivation and you will not fail.

October 9, 2017