Sahm Adrangi’s Details Creates Wealth

Sahm Adrangi, Chief Investment Officer and founder of Kerrisdale Capital, is a detailed, thorough man who clearly, loves his job.

Mr. Adrangi, a graduate of Yale, gained the depth of his knowledge early on by logging many hours with some of the biggest investment companies in the game, including Deutsch Bank and Longacre Fund Management, before founding Kerrisdale Capital.

Sahm Adrangi’s love of investing shines through with his research. He is a detailed researcher and focuses much of his time within the biotech, mining and telecommunication industries. He has a talent at digging directly into the crux of a company’s strengths and weakness quickly. He considers all matter of corporate, environmental, legal and current political climate when doing his research allowing Sahm Adrangi to present a detailed snap-shot of the researched company to his investors, and read full article.

While he could keep his research expertise to himself, Sahm Adrangi prefers to share. Kerrisdale Capital provides a regular investment commentary page, where anyone can view his research. He regularly speaks at numerous conferences, including the Sohn Conference and the Activist Investor Conference.

The research Mr. Adrangi provides and publishes provides valuable protection to investors. He has exposed fraudulent Chinese companies to SEC sanctions and his research exposed several unviable claims in biotech research and mining operations, an example of the latter is seen in his Seeking Alpha article on northern dynasty minerals.

The solidness in research, along with his genius for using often ignored investment methods, has allowed his firm, Kerrisdale Capital to become such a trusted financial advisor, currently managing 150 million, and Sahm Adrangi’s lacrosse camp.

Sahm Adrangi’s continued presence within the investment world is an asset that his helpful to all investors. With his comprehensive research and dedication to exposing unrealistic and fraudulent securities, he has increased the wealth of many and has become a leader in the investment world, and Sahm Adrangi on Facebook.

Jeremy Goldstein explains knockout options to corporations

Over the years, many large corporations have started no longer offering employees stock options as incentives included in their benefits packages. Many companies stopped offering the options strictly to save money. However there are a few other reasons that have convinced employers to stop offering stock options. Learn more:


  1. Employees lose the chance to sell their options if the stock’s value severely drops. Despite that, the company still has to file all related expenses, while shareholders also may face option overhang.


  1. Employees have become less comfortable with this type of employee benefit, because they know that the economy can cause changes in the stock market, causing options to lose their value. When their options become worthless, employees options are akin to playing free money promotions in the casino, as opposed to earning real cash.


  1. The accountants prefer not having to track options. The financial costs related to these options may outweigh any potential benefits. Employees often say they would rather receive better salaries. If companies eliminate options from their benefits package, then they have the money to give pay raises.


Despite all the negatives, some companies would still rather offer stock options over increased wages. By offering stock options, each employees receives the same compensation. Stock options have become easier for employees to understand. Also stock options earnings rise, only when the value of the company’s shares increase. Because of that, employees will likely work harder to keep their company successful and find creative ways to make sure their stock options increase in value.


Jeeremy Goldstein is a corporate lawyer with more than 15 years experience. He specializes in corporate governance and executive pay. He is the co-founder of Jeremy L. Goldstein and Associates. He is based in New York City, New York. Jeremy Goldstein has been involved in many of the top corporate transactions.

Bradesco’s Continued Prosperity In The Coming Months All Rests On The Shoulders Of The Bank’s New Chairman, Luiz Carlos Trabuco

Every few years in a company’s life, leadership has to change hands. It is an integral process in every organization hoping to maintain a perpetual existence. The latest organization to find itself in this position is Banco Bradesco. The Brazilian bank last month replaced long-serving chairman, Lazaro Brandao with Luiz Carlos Trabuco. The bank is now looking for a new president to replace Luiz Carlos Trabuco – the man who has been serving as president for the last eight years.

Who will be the New President?

According to Banco Bradesco is in no hurry to name a new president. According to the bank’s bylaws, Luiz Carlos Trabuco’s replacement will be announced at the next shareholders’ meeting, next set for March 2018. That, however, has not stopped people from speculating on who the next president might be. Going by Banco Bradesco’s culture, it is widely expected that the president will be chosen from among the top crop leaders currently serving at the bank. In particular, the most experienced vice presidents are considered by many to be the strongest candidates: Alexander da Silva Gluher, Mauricio Machados Minas, Octavio Lazari and Josue Pancini

Read more: Bradesco to Choose Board Member as New President, says Trabuco

Striving to Remain Competitive

Succession periods can be quite problematic for organizations. Competitors can sometimes take advantage of the uncertainty around such periods to wrestle away market share. For the last few years, Banco Bradesco has been engaged in a strong battle with Itau Unibanco for the top position among private banks. For more than 50 years, Banco Bradesco was the holder of the coveted position but unfortunately lost it to Itau Unibanco in 2008. Itau Unibanco bust into the scene in 2008 when mid-tier banks, Banco Itau and Unibanco merged to form a gigantic financial institution. In the nine years that have passed since Banco Bradesco has gained significant ground on its largest competitor. The 2015 acquisition of HSBC Brazil, in particular, drew Banco Bradesco closer to regaining its lost position. The $5.2 billion deal took the bank past Itau Unibanco in the areas of the number of customers, branch network coverage and the total value of investments. Banco Bradesco, however, still lags behind in some important metrics, including asset value. As such, with Banco Bradesco being closer than ever to overtaking Itau Unibanco, it is of paramount importance that the process of selecting a new president goes on smoothly.

Bigger Role for Luiz Carlos Trabuco

To ensure that Banco Bradesco remains stable throughout the entire succession process, the bank’s board has decided to retain Luiz Carlos Trabuco as president for the next few months. Therefore, he will be serving as both the chairman and president of the large financial institution. His continued stay as president, albeit in an acting capacity, will settle any nerves that customers and investors may have. After all, he is the most experienced employee at the bank, having been working there for close to five decades. He has also been at the center of innovative moves made by the Bradesco brand in the last couple of years.

As the new chairman, in addition to overseeing the process of choosing a new president, Luiz Carlos Trabuco will also oversee the expansion of the bank’s board. The board is currently constituted of eight members – a figure that is increasingly being seen as too small relative to the bank’s size. While it is not known exactly when this expansion will take place, the bank would be best served if it occurred sooner rather than later. An expanded board will assist both Luiz Carlos Trabuco and the incoming president with fresh perspectives and ideas.

For more information about Luiz Carlos Trabuco, just click here.