The ability to do careful research and consider business strategies before taking action is something that is being tossed to the wayside. Many companies are opting for data analytics and big data instead of hard, thoughtful research. They understand what the trends are, but they sometimes lose sight of why they are the way they are. That is why investment bankers and researchers like Sahm Adrangi are going to be very important as we go forward into the digital age.
Sahm Adrangi is a researcher, founder, and Chief Innovation Officer at Kerrisdale Capital Partners, LLC. He founded the firm in 2009 after obtaining a small loan from his parents, and in just nine years he has helped to grow the firm’s portfolio from $1 million to over $150 million in managed funds. Some of the investments at Kerrisdale include companies like Aerpostale, Dish Network, CPEX Pharmaceuticals, and Bavarian Nordic.
Adrangi has always been old fashioned in how he does his research. Graduating from Yale in 2003 with his BA in Economics, he started working as just an analyst from Duestche Bank in the credit department. He eventually found his way to Longacre Fund Management, where he was involved in doing research and helping with investment strategies based on discovering new trends in business. Sahm Adrangi easily translated that into becoming a star researcher and helping other investors find under-appreciated longs, overhyped shorts, and the flaws in several leading business strategies at some of the world’s largest companies.
Now Sahm Adrangi is starting to work even harder at Kerrisdale to challenge how we are thinking about some of the leading business practices. He is using his expertise in mining to call into question certain inflated valuations of companies like Majestic Silver and Norther Dynasty Minerals. He is using his knowledge in the biotech arena to research and advise several firms in the development stage of their new business. He has even used his research to spark investigations by the SEC of certain companies for fraud.
No matter what Sahm Adrangi touches, he finds new and innovative ways to get investors the information they need to make smart investments. Sometimes that just comes down to good old-fashioned research.