Posts Tagged: Business

Louis Chenevert Working Fame

Business success is something that is worth discussing. When you make it in the investment world, you become an icon in the society because others have tried and failed. Louis Chenevert is among the people who have been able to hack into the hardships of the corporate world and emerged successful. He is currently working on a part-time basis as an advisor at the Goldman Sachs. He is also using the time away from the busy corporate world to pursue his interests and spend time with his family.

Louis Chenevert has been successful in elevating the status of more than 50 businesses. He is known for the change he brought in the United Technologies Corporation as their CEO. It is interesting to note that the success he acquired in the eight years that led to his fame, was built for over a decade in other firms that he worked for before UTC.

Guy Hachey the person who employed Louis Chenevert at General Motors describes him as the best executive he has ever worked with in his career. Hachey was a year before Chenevert. The two had one thing in common: they were focused on improving the company and earning the senior positions in the company. Hachey says that he promoted Louis every time he got a promotion. The two investment titans are still friends.

Louis Chenevert got a chance to work with Pratt & Whitney in 1993. This is where he saw the GTF engine. Chenevert carried forward his enthusiasm from the General Motors to the firm. The unit he had been assigned showed major improvements, and he got the president seat six years later. The UTC Company offered him the CEO seat after seeing the difference he was making in Pratt & Whitney, which was their subsidiary.

Final Verdict

Louis Chenevert made a huge difference in UTC that people celebrate every day. What they don’t emphasize is that his success was gradual. It was based on diligence and patience.

As an investor understand that what you are doing now is what will determine who you become. You have to do something, to make progress.

https://twitter.com/louis_chenevert

SAHM ADRANGI AN INSTITUTIONAL INVESTOR’S NEGATIVE REPORT

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.

http://nakreport.com/2018/01/09/kerrisdale-capitals-sahm-adrangi-remains-thumbs-down-on-northern-dynasty-minerals/