There are always investors out there ready to jump on whatever opportunity comes their way, but sometimes opportunities can turn out to be the very opposite. Many investors have learned this the hard way, but for those who haven’t, Sahm Adrangi is doing some extra footwork to ensure they remain safe in their investing. Sahm Adrangi’s company, Kerrisdale Capital, is a highly reputable investment company that issues reports on various company’s and markets by going into detail about what can be expected when investing in them for the average investor. As of late, Kodak has taken the interest of many investors, but Sahm Adrangi is warning everyone to stay clear until things have completely settled down.
Sahm Adrangi has done his research like always and found that Kodak’s recent increase in stock prices is due to their involvement in cryptocurrency. While this is not necessarily a bad thing, it is highly suspect when share prices increase 187 percent overnight. Also, crypto is still in a highly unstable place to be putting money at the moment, with many groups found to be scamming and others completely being drained of their value. The worst part is the company’s that Kodak has gone into business with have mixed backgrounds that are either hidden or less than ideal in terms of their business methods.
A little over five years ago, Kodak had to file for a chapter 11, and today they are in the same place despite their involvement with crypto. Despite their massive increase in stock, Sahm believes this will be short lived for a few reasons. First off, not only has the general public failed to notice Kodak’s recent exploits, but they have not changed their business methods or updated their products on the market. Sahm Adrangi says this is a shady way for a management team to behave despite the problems the company is facing, so it would be best for investors to stay clear for a while to see where things go in the future. According to Sahm, Kodak isn’t going anywhere but under.
George Soros is known by many as a philanthropist who has a kind heart to the community, human-supporting organizations as well as the Democrats. He is a democrat, investor, and an exceptional leader. George was born and raised in Hungary but traveled to the UK and enrolled in London School of Economics. He worked there in odd jobs including waiter and railway porter before he could find a way up to work for a merchant bank. George Soros ventured more into finance industry when Soros moved to New York where he commenced his own Wall Street Hedge Fund company. He started with twelve million dollars as the capital to his money lending business. George later rebranded the name of his firm to Quantum Fund by this time he had earned reputation, and his business was well known by the majority of the people and read full artilce.
George Soros was once all over the news for the brokerage of the England Bank. Together with his counterpart San Druckenmiller, they shorted the British Pound and pocketed a substantial amount of money as the profit. For many years George has been successful through his investment, Soros Fund Management with his office assets value being over thirty billion dollars and George Soros lacrosse camp.
In 2016 he supported Hillary Clinton together with Democratic Party`s candidates with more than twenty-five million dollars in their election campaign. George has a long-term relationship as friends with Hillary Clinton, therefore, supporting her was more than the act of friendship than politics. The duo has known each other for more than 25 years. He has been the sole financial contributor to support the democratic politics. George Soros has also been seen supporting other liberal causes. He has criticized the Donald Trump leadership in the recent past and learn moer about George Soros.
Apart from supporting Democrats, George Soros has tirelessly supported immigration reform, criminal justice reform, and religious tolerance for many years. His support comes as a result of the person who wants change to the citizens of the USA. He has earned respect and reputation to many people including politicians for his significant amount of contribution. It was notable that in 2004 he contributed more than $ 27 million to fund the election campaign. He was supporting George Bush by that time as per the information about George Soro and follow his Twitter.
For many decades George has been giving back to the community through his foundation. He has spent more than $ 13 billion on charitable contributions and donations in 30 years. His international foundation focuses on supporting non-profit groups advocating for human rights, better healthcare, quality education and constitutional issues in Europe. He has played a part in coming up with mitigation measures to curb the climate change and ensuring equality in income distributions through the Democracy Alliance and what George Soros knows.
Other Reference: https://www.theatlantic.com/magazine/archive/1997/02/the-capitalist-threat/376773/