The asymmetry of information among investors, especially international investors has been a nagging problem over time. Sahm Adrangi took note of this fact. He treated it as a gap in the market (as it is) and formed the Kerrisdale Capital Management. currently, he holds the title of Chief Investment Officer. This formation was in the year 2009.
Adrangi prides himself on the ability to carry out quality research. This is what has currently drawn him such a large loyal customer base. the large market for information necessitates Kerrisdale to release findings on multiple avenues. They include third parties (as Seeking Alpha), through the company’s Twitter account and even on their website.
Exposure of foul play and attempts to cleanse the market is the main objective of Sahm Adrangi. For instance, he recently commented that he prides in the fact that performance of Globalstar, Inc. has flopped by 50% since the company released a report (which took them a very long time of carrying out research).
Kerrisdale is a company that has established a very strong corporate culture. Mos of this could be attributed to the amount of discipline that Sahm Adrangi aims at maintaining despite being the founder. This discipline was seen all the way from the first job that he took up as a trainee journalist in Toronto’s Globe and Mail.
His passion for journalism is very evident from his actions. Sahm chose to pursue a career in the field of journalism even after graduating from the University of Yale with a degree in Economics. He expects this same enthusiasm from his employees. That is why he maintains a very steady policy on how he takes up employees in Kerrisdale. Only strong and bold analysts and writers are usually hired. This is to ensure they produce quality publications for both internal and external use in the company.
Sahm Adrangi is a person who strongly pushes for growth and results from what he chooses to engage in. That is why the company’s capital grew from $1 million to $150 million just within six years. This has been admired by other companies in this field and some have even assimilated their strategies within their operations.