Sahm Adrangi serves Kerrisdale Capital Management LLC as the Chief Investing Officer. Sahm founded this company after resigning from his position at Longacre Fund Management company. In his former position, Sahm Adrangi managed and controlled more than $2 billion of distressed loans and debt.
Sahm Adrangi became famous when he used his efforts to expose the deceitful Chinese organizations such as China-Biotics, Lihua International, and China Marine Food Group. He took this exercise in the years of 2010 and 2011. His courage and braveness made him become an international figure in the investment and banking industry.
His research project reports caused enforcement policies on some of the firms he focused on by the SEC. Sahm uses his position at Kerrisdale to correct fallacies on the stocking that include over-hyped shorts and underfollowed longs that are in most cases misconstrued by the market. He is presently focused on researching industries such as mining, telecommunications, and biotechnology.
Sahm produced a report on St. Joe Company. His negative report about the firm recorded how the landholding organization overhyped its products and services. He suggested that the company required market valuation. He also revealed that the most significant stockholder of St. Joe was to be dealt with by SEC liquidity policies and regulations that would direct it to cut down its stake.
St. Joe is a real estate development firm based in Florida. It is worth $1 billion. St. Joe is focused on developing a distressed land near Panama City Beach into becoming a beautiful attraction basement for seniors and businesses.
Reporting on the St. Joe project, Sahm Adrangi wrote that the project plans are not feasible since they have taken so long. He noted that the ideas were proposed more than ten years ago. He dismissed the project maintaining that it is not going to be implemented.
Sahm Adrangi pointed out that the company had kept investors waiting for the project to be laid down for a long time. He termed the investors’ situation as long-suffering. Sahm argued that the phenomenon was as a result of the SEC liquidity saga that its largest shareholder, the Fairholme Funds, went through two months ago.