Back in February of 2018, Sherpa Capital founder Shervin Pishevar went on a 24-hour twitter rant where he expressed his views and opinions, to say the least. In this Twitter rant, he went over things like the stock market, our nation’s crumbling infrastructure, and bitcoin. Most of the things he said were not factually based at all. Instead, they were just opinions that he had come up with. In this article, I am going to be going over a few of his opinions and what I think of them.
Starting off the Twitter rant, Shervin Pishevar basically stated that within the coming months the stock market was going to drop 6000 points. First of all, no one can accurately time the market. Not even the best economists and investors around the world can. People like Peter Schiff and others have been warning a recession for the past three years now. This just goes to show that people just don’t know when it is going to happen. Plus, you should never try and time the market. At that point, you are just gambling. In the end, invest in the S&P 500 or a solid mutual fund with a proven track record and you should be good over the long run.
Next, Shervin Pishevar stated that Bitcoin would continue to crash to the two thousand dollar range and then start to recover. If you know nothing about bitcoin or cryptocurrencies in general, just know that the whole market is based around speculation. In other words, the price is always based on what people believe it is worth. When everyone that wants to get into that investment eventually gets in, it can’t go any higher which is when it crashes. In my opinion, bitcoin and blockchain are still very new to this world. It is really hard to say how they are going to react given the market that they are in. I don’t actively follow Bitcoin so I don’t know what happened. In the end, Shervin Pishevar is entitled to his own opinions and views. I just do not agree with most of them.
Shafik Sachedina: A Philanthropist and a Medical Service Provider
Shafik Sachedina is a United Kingdom-based businessman and philanthropist. He loves to join organizations around the country which aims to help a lot of people, and he is enlisted as a member of two of the largest Islamic organizations in the country. He is a senior member of the Institute of Ismaili Studies, an organization headquartered in France which aims to promote Islamic culture and history. Every year, he prepares a plan for the annual event celebrating the Islamic culture, and it is his responsibility to think about how the institute could introduce the culture to non-Muslims. He has been serving the organization for years, and he stated that it makes him happy seeing non-Muslims becoming interested in their culture and tradition. Shafik Sachedina is also an active member of a group called the Aga Khan Development, and together with other members, they are serving the Central Asian region which is home to a large majority of less fortunate people.
They are banding together to provide them with assistance and job opportunities for them to earn money. His active lifestyle in philanthropy has been a rewarding experience, and he stated that he would continue to serve the people through the organizations where he belongs.When he is not busy doing social works, Shafik Sachedina can be found inside his office managing his business, called the Sussex Healthcare. It is a rehabilitation facility located south of London, and they offer a variety of medical services to their patients. The Sussex Healthcare rehabilitation facility has been accepting people who are injured or those who have special needs. They are being taken care of by the staff that has a professional license in providing care services.
The facility also acts as a nursing home, and it has attracted hundreds of senior citizens all across the United Kingdom to consider spending their remaining time at the facility.Because of his impressive background in the field of healthcare services, the company grew under his leadership. Along with his colleagues who helped him fund the company, they are transforming the healthcare and rehabilitation industry in the United Kingdom. The Sussex Healthcare introduced a lot of developments, and they are the standard when it comes to the preferred rehabilitation facility in the country. One of the reasons why the patients are recommending Sussex Healthcare is because of their trained staff who knew how to handle the patients well. Another reason would be their prime location, which is situated in the middle of a rural landscape which provides a refreshing atmosphere to the patients inside.
Sahm Adrangi is a 33-year-old Chief Investment Officer who comes from New York City. Between 1999 to 2003 he was a student at Yale University and has a Bachelor of Arts in Economics. He is the current Chief Investment Officer and founder of the Kerrisdale Capital Management firm since April 2009.
Sahm Adrangi was initially working with Longacre Fund Management as an investment analyst from April 2007 to February 2009 before the creation of the Kerrisdale Capital Management. Longacre, a private venture association with $1.2 billion resources under administration as from December 31, 2008, allotted over a flagship debt credit and equity fund in the United States and also Europe. Mr. Adrangi directed venture analysis as well as research for both credit and equity funds.
Kerrisdale Capital, a New York-based centrally adjusted investment manager managing $300 million focusing on long-term esteemed investment and occasion driven special circumstances. Kerrisdale effectively shares its ideas with the more extensive investment community through its site as well as outside sites.
On April 11, 2018, Kerrisdale Capital distributed a negative report clarifying its short position at QuinStreet, Incorporation (NASDAQ: QNST), a web marketing organization whose stock cost has recently quadrupled. Speculators have turned optimistic after the long-beleaguered office is at last moving correctly. Be that as it may, Kerrisdale cast significant doubt about quality and maintainability of QuinStreet’s transactions, which Kerrisdale contends has profited from fraudulent web activity.
Before his tenure with Longacre, Sahm Adrangi was working in bankruptcy restructuring group at the Chanin Capital Partners from December 2005 to March 2007. Mr. Adrangi assisted in advising the creditors at Chanin and represented the bondholder committees, bank debt holders, creditors of the distressed as well as bankrupt companies and preferred equity committees. However, before joining Chanin,Sahm Adrangi was with leveraged finance group of Deutsche Bank from April 2004 to October 2005. He assisted in the structuring and associating non- investment review bank debt as well as high return bonds, including Chapter 11 exit financings, leveraged buy-out financing, and debt refinancing. His years of experience have earned him skills in investment management, trading, equities, capital markets, restructuring to name a few.
Perry Mandera has set the precedent for the trucking community for over three decades. Before his help in this niche, Mandera completed high school in Chicago, Illinois in 1975 and very soon after enlisted in the U.S. Marine Corps Reserves. Because he was assigned to work in the motor pool, Mandera learned to drive a truck during his time there. He received an Honorable Discharge when he returned to every day life in America. He started his own transportation business in 1980 at the age of 23, which was sold five years later (Chronicleweek).
The next year, Mandera started another business, The Custom Companies, Inc in Northlake, Illinois. The Custom Companies was the first trucking company to offer customers full service transportation services and was founded with the idea that one call will solve any and all customer problems. Medina wanted to offer his clients everything they would need. Today. this company serves thousands of customers and profits over $200 million annually. The Custom Companies also employs over 350 Americans. Mandera has even added warehousing services to the business, offering a wide variation of services.
Perry Mandera is quite active in his community in Illinois and has been very philanthropic. He has helped local and national charities including Special Olympics and an anti-hunger program in Chicago. He is also known for his charitable donations following Hurricane Katrina. He sent over 40 truckloads of supplies to those in need. Custom Cares has also provided support to young adults and children in the area who need the help. Mandera also keeps veterans close to his heart and works with Marines for Life and Hiring our Heros. Mandera enjoys coaching local sports and managing boxing competitors as well. He was also married in 1989 to his current wife with whom he shares two children. He still continues to be active in both his community and his church today.
Sheldon Lavin is the current serving Chief Executive Officer and Chairman of OSI Group. OSI Group is an internationally renowned private company that focusses on the supply of processed food products. These products are then distributed to various companies in the retail and foodservice industry. The headquarters of the company are in Aurora, Illinois.
Sheldon Lavin has been actively involved in the meat supply industry for over 4 decades. He started working with OSI Group back in the 1970s as a business consultant. This was when OSI Group was in search of a financier to chip in funds to expand their meat processing capability to suit McDonald’s growing needs.
Sheldon has managed to grow the company’s food supplies footprint to 17 countries with more than 80 outlets and 20,000 members of staff. In 1975, Sheldon became an OSI Group partner expanding the company’s operations to Europe, South America, and Asia. He later came to purchase a commanding share of the business in the 1980s and took over the business operations. Before joining the food service sector, Sheldon worked in the financial sector.
Sheldon has a unique way of management, this has created a unique culture in the company whereby employees treat one another as family members. This has made the company have a minimum staff turnover rate. Most employees see no reason for leaving the company and end up working for many years.
Apart from managing a multi-national company, Sheldon Lavin is a philanthropist. He actively contributes to several charities. Some of his generous contributions include giving to the Jewish United Fund, the Inner-City Foundation of Chicago, Ronald McDonald House Charities, the Boys and Girls Clubs of Chicago, the United Negra College Funs, as well as the National Multiple Sclerosis Society.
Ever since Sheldon took over as the CEO of OSI Group, the company has managed to appear in the limelight by winning various awards. One of their most prestigious awards is the 2016 Globe of Honor award, which was awarded to the company by the British Safety Council. OSI Group received this award for the efforts taken in creating employment around the world and cementing a place for themselves on the international platform. Sheldon has also received various awards for his outstanding performance in various services outside OSI Group which include, the President and Director of the Sheba Foundation, Trustee of the Ronald McDonald House of Charities, Board member of the Goodman Theatre as well as the Board Member of Rush University Medical Center.
Read More: inspirery.com/sheldon-lavin/
OSI Group was established in 1909. In the beginning, it was a small butcher shop, and meat center in Chicago called Otto & Sons. However, today it is a large company with over 65 partners and branches worldwide. The company has a history and plays a vital role in universal food industry. The OSI group produces an impressive variety of goods ranging from beef and chicken to vegetables, pizza, sauces, and sandwiches. The corporation’s headquarters are located in northern Illinois City called Aurora. David McDonald is president of the company, and Sheldon Lavin is the CEO. The two are the top leaders of the enterprise, and they have expedited the company’s global development in recent years.
The OSI group established its first facility in China in 1992. They began supplying food to quick-serve restaurants. After some years, they started providing chicken, beef, pork, onions, and eggs during the Olympics. The visitors were satisfied by the quality of their food. The sporting events enabled the company to expand to Asia because it was now becoming famous. In 2010, they opened a new beef plant in Japan under the name Orange Bay Foods (OBF). The OBF invited massive investments from the outside, which created opportunities for local packaging firms and the transportation companies. Even though the company’s size appears to be impersonal, the group continues to form personal connections with other groups where it functions in Illinois. The OSI group upholds a productive association with Ronald McDonald House and other firms like Feeding America. The company’s growth is connected to positive growth factors in the community.
David McDonald, the company’s president, has communicated the plans for the company’s expansion. He said that the company aims to expand and open additional facilities consistently. McDonald credited OSI’s chief executive for the growth strategy. He said that Lavin has always wanted to broaden the business and its product line. David also stated that they are putting extra effort to acquire changing desires. More customers are seeking healthy products, for instance, organic and natural foods.
The companies are expected to maintain the growth pattern in the years to come. The company is always looking forward to the next acquisition. The future of the OSI group seems bright. Food remains constant, regardless of the economic fluctuations. Besides the world population continues to increase every day. The commitment of the OSI Group to quality and efficiency enables it to compete healthily with fellow suppliers.