Little did Sahm Adrangi knew that launching Kerrisdale Capital Management will be such an eventful journey in his career. The hedge fund has turned out to be a historic bull market that has defied all odds and has helped the 36 years old build a reputation as the best short-seller to bet against stocks successfully. And things are getting better for the Yale alumni after managing to get a 20% gain by the end of last year.
Sahm Adrangi is of Tehran origin but has spent a significant part of his life in Canada. He is now living the American dream after making a name for himself as a hedge fund manager. He intensively participates in the Hamptons organized social events that the elites find homage and indulge in enjoying various activities into late night.
His uniqueness in staying focus even when undergoing an intense financial crisis makes him stand out from other hedge fund managers. He has an incredible strength of recollecting himself and set new targets that he works hard to achieve as a way of leaving poor performance in the past and also as an effort of balancing the past ordeal.
Sahm Adrangi breakthrough and fame came about from his activism when he published a report on some Chinese companies that were conducting fraudulent activities. That activist approach alone made him gain a 180 percent returns that exponentially raised the stakes of Kerrisdale in the global market. Since the inception of Kerrisdale, most of its high returns have come from the short side even though Sahm Adrangi once said that the firm would never run net shot as the strategy is very fluid and risky, and shorting long term neither an ideal nor optimal position. Having said that Adrangi does not use Kerrisdale to make public research of quite a number of its names and neither does most of its portfolios invest in any Chinese affiliated companies.
Sahm Adrangi is an economist by profession and the way he publishes his research and findings makes him unique. He has invested heavily in hiring talented writers and skilled analysts who assist in developing articulate and detailed reports that he publishes as per his order of priority.