While attending Yale University from 1999 to 2003, hedge fund investor and Chief Investment Officer of Kerrisdale Capital Management LLC, Sahm Adrangi, would participate in protests in an attempt to make a difference in the world. As he continued through college, he quickly found himself feeling discluded from and disappointed in the protest culture he had been a part of. While he shared many of the groups’ views, they looked down on him for not sharing them in their entirety and he found himself becoming more conservative but still wanting to make an impact.
Initially, the former Yale Daily News columnist and editor was seeking a goal in journalism before he earned his bachelor’s Degree in Economics. After graduation and a few years of success as an analyst for different financial institutions, Sahm Adrangi found that he could use investing to impact the world in a positive and much more effective way than protesting in a nameless crowd. Sahm Adrangi achieves this by researching and blowing the whistle on companies be deems as scams or going against his values and shorting their stocks. Shorting, or short selling, is the act of borrowing stocks from a business predicted to drop in value and selling them in the hopes that they will drop in price. This allows the investor to buy them at a low price and return them to the company at the borrowed price for a profit. This potentially lucrative manner of investing is risky but Sahm Adrangi’s talent has allowed millions in profit for him and Kerrisdale Capital Management LLC. Sahm Adrangi founded the company in 2009 with around a million dollars and has since grown to handle hundreds of millions at a time. See This Page for more information
Sam Adrangi has recently made news for making a large profit engaging in a short selling attack on Bavarian Nordic and Sage Therapeutics, both companies that were pushing drugs in development that his research showed were essentially worthless and did nothing beyond having a placebo effect for the illnesses they were supposed to treat or prevent. In 2011, he gained attention by being one of the youngest investors to make a profit betting against Chinese companies who had participated in reverse mergers to be listed on the United States’ stock market.