Many investors try in vain to find consistent investment opportunities. One huge fund manager, however, has been able to discover ways to profit in all types of market conditions. That hedge fund leader, Sam Adrangi, has been known as one of the most astute short sellers on Wall Street.
So who is Sahm Adrangi? Mr. Adrangi is a founder and managing principal at Kerrisdale Capital. Since 2009, Mr. Adrangi has used the firm to help his clients find short selling opportunities. With starting capital of about $1 million, Mr. Adrangi has been able to build up fund to over $150 million dollars of assets under management.
The key to Mr. Adrangi’s success has been his dedication to research in finding short selling opportunities. When Mr. Adrangi finds a stock which he believes his overpriced, he shares that information on his website as well as social media. Recently, Mr. Adrangi has shared his research on Sage Therapeutics and Proteostasis Therapeutics.
Sahm Adrangi first rose to fame when he exposed a number of fraudulent Chinese companies almost a decade ago. Some of the Chinese companies exposed included China Marine Food Group, Lihua International and China-Biotics. Mr. Adrangi’s research was not only able to protect shareholders from investing in these companies, it was also able to help Mr. Adrangi’s clients profit on the short side of these trades.
Over the years, Kerrisdale Capital has been known to specialize in certain sectors where Sahm Adrangi holds some special expertise. One of those sectors is the Biotech industry. Some of the biotech companies covered by Mr. Adrangi include Bavarian Nordic, Zafgen, Unilife, and Pulse Biosciences. Also, Mr. Adrangi has made a name for himself covering the mining sector with extensive research done on Northern Dynasty Mineral and First Majestic Silver.
In addition to his short coverage on various companies, Sahm Adrangi also has experience as an activist investor. Recently, Mr. Adrangi led a proxy contest to replace several directors on the board of Morgans Hotel Group. Sahm Adrangi graduated from Yale University with Bachelor of Arts in Economics.