George Soros Shifts Fortune to Charity.

D3
January 10, 2018

It is becoming increasingly clear that the political divide in the United States is wider than it has been in generations. This was made evident when George Soros, a world-renowned investor, and philanthropist, was lambasted by conservative media when it was revealed through financial disclosures that he had donated nearly $18 BILLION to charity. Soros, the founder of the Soros Hedge Fund, shifted the vast majority of his wealth to charity in response to the rising tide of darkness that the rise of Donald Trump had brought to the forefront of the American political scene. Soros founded the Open Society Foundations back in the ’70s in order to help push progressive values around the world while also seeking to bring humanitarian and social aid to those in need — no matter what corner of the globe they were born in. Despite this noble pursuit, Soros has been continually demonized for his work.

George Soros was born and Hungary but he and his family were forced to flee during the Nazi occupation. This early life experienced help to establish a few important tenets in Soros’ life. He learned early on that there was value in fighting for the good of your common man and that there were very real dangers of unchecked and violent populism and nationalism. Seeing the brutality of the Nazi regime up close led Soros to study the concept of the Open Society and this would inform his later pursuits in both politics and philanthropy. Soros would create the Open Society Foundations as a response to what he felt was his obligation to help out the rest of the world. The OSF has been there for the Roma people who have been persecuted throughout Europe. The OSF has been there for those that struggled during Apartheid era Africa. The OSF even mobilized a response team during the recent Ebola epidemic. Still, Soros and his foundation find their way to the center of every right-wing conspiracy theory.

George Soros first found his way to the center of unsubstantiated and wild conspiracy theories back in the early ’90s when he made a stunning $1 billion by shorting the British pound. Since then, Soros has become some sort of financial bogeyman for whoever needs someone convenient to blame though the blame is almost always partisan in nature. Soros further fell under the crosshairs of conservative media giants when the billionaire progressive spoke out against George W. Bush and his march to war in Iraq after the deadly and tragic 9/11 attacks. Now, Soros is the convenient pincushion conservatives need someone to sic their followers after.

Most notable about George Soros’ donation of $18 billion to the Open Society Foundations is that he is creating a face for what has become known as the resistance against Donald Trump. Soros was a constant source of reality when people laughed during Trump’s rise as the GOP nominee. Soros never laughed, instead he realized that Trump would be a real problem for America. Soros’ recent decision to move his finances directly to charity show the biggest indicator that he’s willing to stand up against Trump’s devastating regime.

Read More: www.newsweek.com/tax-cuts-billionaires-republicans-congress-709339

Kerrisdale Capital Management CEO Sahm Adrangi Is On The Rise

D3
November 11, 2017

Sahm Adrangi is the Chief Executive Officer of Kerrisdale Capital Management. Adrangi attended Yale University, where he received a Bachelor of Arts in Economics. Adrangi uses publishing research to explain Kerrisdale Capital’s views on stocks. Adrangi finds out information about the business prospects of different companies. Adrangi initially became known for revealing the fraud taking place in Lihua International and China Marine Food Group, among others. Adrangi has looked at the valuations of Northern Dynasty Minerals and First Majestic Silver, among others. Adrangi has also given his take on Globalstar, Dish Network, and Straight Path Communications.

In recent times, Adrangi has emphasized the biotechnology sector. Kerrisdale Capital has looked into companies such as Zafgen and Bavarian Nordic. Adrangi has also been paying attention to the mining and telecommunication sectors. Adrangi started his career in finance, working for Deutsche Bank. Adrangi has also worked for Chanin Capital Partners and Longacre Management. Adrangi has taken a leadership role during business dealings with Lindsay Corporation Management and Morgans Hotel Group. Adrangi has been a guest speaker at a number of high profile events; including the Sohn Conference, Activist Investor Conference, and Distressed Debt Investing Conference. Adrangi has been featured on CNBC, The Wall Street Journal, and The Washington Post, among others.

Recently, Adrangi made headlines when it was revealed that Kerrisdale Capital Management raised millions of dollars from investors simply through betting against one stock. Analysts consider the Kerrisdale fund to be innovative and unique. Kerrisdale is planning on using the funds to short stock a new company. The next step for Adrangi is to develop a thesis that will be supplemented by data. Kerrisdale has started buying stock in the new company.

Kerrisdale Capital has established a reputation of betting against companies and making the efforts public. Kerrisdale has raised over a half a billion dollars.

For more info: www.hvst.com/user/sahm-adrangi