Sahm Adrangi is a knowledgeable Chief Investment Officer at Kerrisdale Capital Management. He graduated from Yale University with a Bachelor of Arts degree in Economics. He then built upon his experience before creating the successful Kerrisdale Company. He is the sole founder of the Capital Management firm. The purpose of the company is to be a trusted investment manager that focuses on investments that are driven by specific situations. Sahm Adrangi is well experienced in this field and has discovered vital information that investors need to know. He has issued a negative report on QuinStreet, Inc. which is known as NASDAQ. NASDAQ is the famous internet marketing company. The company seems to be flourishing as the stock price has quadrupled. That is great news for investors. However, according to Sahm Adrangi, it could be bad news. Sahm believes that the company is acquiring traffic through dishonest means to increase its revenue. The traffic flooding the network is phony, and because of this, the revenue for the company is increasing at the expense of its clients. Sahm Adrangi knows this is not fair. The business model of Kerrisdale is to share investment ideas with the people in the investment community. Though this may not seem like much of an idea, it is certainly information that investors need to know before taking a risky chance on a company that is dishonestly funneling traffic to their site. There is no doubt that Sahm Adrang’s beliefs are accurate. It has recently been discovered that the growth in QuinStreet’s revenue has come from one client. Not to mention, management has been doing their best to keep this a secret. Sahm Adrangi has chosen to release the Kerrisdale position from QuinStreet, Inc. It is the best decision he could make to protect his reputation and business. He has nothing to lose by doing so. It is not fair for investors to lose money so that the company can earn more. The goal of investments is to have win-win results. Honesty goes a long way when it comes to investing. If a company has a reputation for being dishonest, clients will be skeptical of investing their hard earned money with them.
We short (misguided) innovation for a living, but shorting bitcoin or doubting cryptocurrencies is nutty. The mkt opportunity is massive https://t.co/Q4vsI9nuyf
— Sahm Adrangi (@SahmAdrangi) September 25, 2017