Today, Sahm Adrangi is the Chief Investment Officer of Kerrisdale Capital, but it was in 2011 that he burst onto the investment scene by shorting several prominent Chinese companies, while also exposing their fraudulent practices. In a recent report, Sahm Adrangi and Kerrisdale Capital set their sites on St. Joe Company, which was recently given a valuation of $1 billion. In Sahm Adrangi’s report, he cites much of the land owned by St. Joe Company, as “over-valued and over-hyped,” as the majority of the land is separated from the prime real estate locations of the Panama Beach area. According to Sahm Adrangi’s assessment, St. Joe Company is 40 percent less valuable than what is being publicly projected. While this possibility presents a major blow to the shareholders of St. Joe Company, a number of new issues regarding their primary shareholder, Fairholme Fund, as well as the longstanding stagnation regarding commercial development, complicate the whole of the problem exponentially.
St. Joe Company was recently given this high valuation due to the potential of their plan to commercialize the Panama Beach area, building a new retiree destination. The major is issues lies in the fact that, much of the land to be commercialized by St. Joe Company, is swampland located in remote areas. These areas are not likely to be commercialized in the near future, and much of St. Joe Company’s prime real estate, has already been used.
Fairholme Fund currently owns 22.7 million shares of St. Joe Company stock, making them the largest shareholder. New regulations implemented by the Securities and Exchange Commission will require that 10 million of Fairholme Fund’s St. Joe Company shares, be liquidated. According to Sahm Adrangi, this liquidation process would need to be completed by December 1, 2018, but with the number of trading days left on the calendar, this would be a virtual impossibility without affecting the share price of St. Joe Company. The role of Bruce Berkowitz also presents a major problem for St. Joe Company, being that he is both, the fund manager of Fairholme Fund, and the chairman of the board at St. Joe Company.
There is some fascinating economic news pouring out of the twitter account of Shervin Pishevar. The capitalist knows the economy. He was an early investor in Uber which has seen incredible success and he founded Sherpa Capital.
But Shervin Pishevar has been in hiding of late. Enemies that he has picked up along the way are attempting to harm his image. They have flung sexual harassment accusations at him which has made it difficult for the capitalist to run his own company. He resigned his post at Sherpa Capital because he doesn’t want his enemies to harm his company while they try to defame his image. He’s been silent ever since.
You can certainly tell that he misses his work. His tweet storm centers around the economy, the stock market, technology, investments and more. It seems the messages revolve around everything he would be talking about at Sherpa Capital. Instead, he has the Twitter-verse as a captive audience.
One of the most fascinating messages that came out of the 21-tweet storm concerns infrastructure. It’s long been a promise of President Trump to invest money into infrastructure. That has not happened. Instead, American infrastructure has been left to rot and decay. But Shervin Pishevar thinks the American people should start thinking about the long term.
His tweets point to technology innovated by Elon Musk. Shervin Pishevar believes that the American people should invest in something called a hyperloop. This type of transportation essentially uses the same technology that keeps a table hockey puck afloat. But the air pressure can be used to send a train to another city at an unbelievable speed. Engineers believe that they can get a train from Los Angeles to San Fransisco in less than 30 minutes. That’s quicker than a flight from LAX to SFO.
This forward thinking concerning infrastructure is the only way forward. Shervin Pishevar believes that the country needs to stop stalling, living in the past or looking back. Rather, he says the country needs to embrace the technologies of the future, and we need to stop deriding those who innovate these ideas.
Many people use bottled water daily to stay hydrated and there are a lot of companies to choose from. So it is best to research the drinking water in question to see if the company is ethical as far as their source of water is really as stated, their packaging preferences are good for the environment, and ingredients such as vitamins, minerals, or pH balance are not added as an afterthought to a questionable water source.
One water company that has been very transparent in their business dealings, including, where they source their water is Waiakea. Founded by Ryan Emmons, Waiakea Water is unique as there is nothing added. It is bottled straight from the source at the Mauna Loa volcano. The concept of reducing a carbon footprint and leaving everything as nature intended is a big deal for Ryan Emmons and his employees at Waiakea. The company has even invested in technology to plastic bottles that degrade in a fraction of the time of regular plastic bottles. The company is the first Hawaiian bottling company to be labeled Carbon Neutral, meaning Waiakea Water does not impact the environment to be made.
Waiakea Water is naturally filtered through many layers of volcanic rock from the Mauna Loa volcano creating the perfect Waiakea Water pH level (8.2) needed to keep our bodies at optimal health. The Mauna Loa region receives high levels of rain daily which makes Waiakea Water is a highly renewable resource. After filtering through the volcanic rock, Waiakea Water offers the perfect blend of pH, silica and minerals to keep the body working at optimal levels, boasting hydration. The water also helps prevent acid reflux if drank on a daily basis.
There is another added benefit to buying Waiakea Water. The outstanding philanthropic work they perform. The sale of each liter of water benefits others as the company almost always gives away more water to those in need than it sells. Waiakea has also worked with organizations to provide wells for villages in remote areas of Africa. To read more about this naturally sweet and delicious water and the many benefits of supporting Waiakea, please click here.
When you are looking at Makeup, you have probably heard of Lime Crime. This makeup company is the brainchild of Doe Deere. She created it to help herself and to get the makeup she wanted that wasn’t available.
A New Kind of Makeup
Doe Deere created Lime Crime because she wanted a makeup that was brighter and more fun than some of the other ones that you might see on the market today. The colors are bright and sometimes have glitter in it as well that helps to give it a better look than if was just the color.
They also offer combinations that work together to make a great look. They go with the clothing you may be wearing as well as the colors they are packaged with. Some of them will even show you haw to apply the various colors that are there.
Why Doe Deere Created Lime Crime
She made this brand because she wanted a brand of makeup that worked with the look she wanted. The bright colors were something that was important to her, but a lot of the other companies that make makeup didn’t have the right colors or the right blends that gave her the look she wanted. The solution for her was to create the colors she wanted and have the best look for her. She thought maybe others would want the bright fun colors as well and created the company she now runs.
Why Buy Lime Crime?
You will want to buy Lime Crime if you want something that is different and that is nice to look at. You might want to look at all they have to offer and see if the colors are great for you and your needs.
There are a lot of things you may not know about Doe Deere, like how she starts her day with silence and a tall glass of water or how she stays in the office for long hours to make sure she is getting her business done like she should be. Doe Deere is not just another person that inherited her business. She worked hard and still does to make sure she is getting everything she can from her business. If you want to start a business, then you might want to look at what she has done for herself and how you could get going in the same way. You never know what will come from a great idea like this.
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