Did you catch the Twitter rampage earlier this year by Shervin Pishevar? If you missed it, you missed 50 tweets that covered everything from virtual currency to world inflation. Pishevar is no stranger to investments. He has called out winners such as Uber, Postmates, and Dollar Shave Club. He is also co-founder of Virgin Hyperloop, which was a topic of tweet number seven.
Inspiring companies are going to save the rotting infrastructure of the United States. Tweet seven could be read as self-promoting, but it talked about how companies like his own and SpaceX will create and inspire great work. Companies that are shooting for the moon, so to speak, will lead the future.
Other areas that are not shining so bright are the stock market and previous earnings. Pishevar predicts the market will drop a total of 6,000 points. He points out 2018 gains have vanished, and 2017 profits are heading towards the same fate.
The US bond market used to have a handy trick, but those days are gone too. The central banks could purchase bonds, and this would cause a correction. Tweet number two speaks of the uselessness of that tool today.
You wouldn’t think Pishevar would be discussing unicorns, but it happened. Unicorn is a term he uses to describe the giant companies. Giant companies are Google, Apple, and Microsoft. These biggies are in the habit of buying up smaller startups before they take off. Pishevar is predicting that this will come back around and bite them. Shervin Pishevar goes on to say how he feels the watchdogs have looked the other way while the big ones like Amazon played out their hands.
Shervin Pishevar even had comments on bitcoin during his Twitter raves and rants. He thinks bitcoin will continue a downward spiral, but it won’t last for long. In about two years, it should recover.
Shervin Pishevar is an immigrant. Tweet three relays how he thinks America has sent inflation overseas. The US is not an isolated economy when it makes a move it can be felt internationally. He states that we have been operating like this for years in this fashion.
Shervin Pishevar next Twitter rampage may be longer. Who knows? It may cover even more ground.