The state of the economy is something that a lot of people want answers on. We all often hear pundits talk about this aspect or that related to the economy. However, few of us understand fully what those people are talking about until we have it explained in plain English. That is what Shervin Pishevar did recently so beautifully on his Twitter account.
Shervin Pishevar went through fifty tweets explaining his thoughts on a variety of issues that have been impacting the world as of late. He talked about how Bitcoin and the stock market are both overpriced in his view. He also said that he thinks that inflation is going to make a comeback in the United States.
The reason to listen to what Shervin Pishevar has to say in the first place has everything to do with the fact that he was an early investor in Uber and AirBnb. He has proven through those early investments that he is the kind of person who knows a thing or two about how to invest money. He knows how to make solid predictions and stick by them. He also was kind enough to provide all of his interesting insights about the market and the world as a whole for free to those who follow his Twitter account.
The idea that the Dow Jones Industrial Average may fall by as much as six-thousand points is a lot for some people to wrap their head around. Get used to it says Shervin Pishevar. Shervin believes that this is exactly the kind of area that the market is going to see. He also thinks that avoiding talking about this is a risky move. Just because the market is on a sugar rush right now does not mean that it will last forever. Prepare yourself for the inevitable crash says Shervin Pishevar.
Although the tweets were controversial in certain circles, the man sticks by what he has said. Considering his track record of success in the past, there are a lot of good reasons to give this guy a look over before making any investment decisions.
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Shervin Pishevar, a multimillionaire investor of companies like Dollar Shave Club, has recently come out of hiatus to shake all of Twitter with what he has to say. He posted over 50 tweets worth of economic rants and counting. It’s mostly about the current state of the U.S. economy and where it’s going. What’s interesting about this is that some of Shervin Pishevar’s predictions are already coming true. This isn’t even the first time this has happened as he previously forecasted economic changes that came true. One particular interesting tweet he made was “Moonshot like SpaceX + Virgin Hyperloop One rise but they suffer derision until teams will it into reality. Exceptions to rule.”
Before explaining this tweet, it’s first important to understand what Shervin Pishevar tweeted right before. To summarize, Pishevar talks about how the U.S. is going to start lagging behind China, especially in terms of infrastructure. China was able to build a train station in nine hours while our infrastructure is poorly managed. This is because our government and many major companies only care about the short term instead of investing in the long term. However, there are certain companies that are working towards long-term, technological projects that will benefit people as a whole.
In the previously mentioned tweet, Shervin Pishevar refers to the companies of SpaceX and Virgin Hyperloop One. These companies focus on improving overall transportation through technological advances. He talks about how businesses like these will rise for their high-tech breakthroughs, but only when those high-tech breakthroughs occur. Projects like these take a while. Shervin Pishevar explains that until these projects are successfully completed, they will be the subject of ridicule. In actuality, the government and bigger companies should be investing in these kinds of businesses. It’ll benefit society and the economy as a whole in the future. Read This Article for related information.
Shervin Pishevar has tweeted for over 21 hours, and this particular topic is just a piece of the bigger picture he’s trying to paint for us. It all leads to how the U.S. needs to invest in the long-term and work together with other countries in building a better world. The American Dream doesn’t only belong to America anymore.