Matthew Fleeger’s Career in the Energy Sector

Some experts in the energy industry argued that the hydrocarbon reserves in the United States had been exhausted. According to them, there was a possibility of the nation becoming completely dependent on other oil exporting countries in the near future. Years later, new technology which included horizontal drilling and hydraulic fracturing was developed and that helped to discover new reserves with high potential.

The technology also helped the firms in the industry to reduce the cost of labor and the level of production. The first investors’ earned good returns from that development. Initially, the extraction of those reserves was considered economically infeasible.

Some of the oil extractors discovered that there were large reserves of oil in various parts of North America in hard shale and sandstones. The new oil discoveries have had a positive impact on the country’s economy. Matthew Fleeger has spent many years in various oil fields in the country.

Matthew’s father is the pioneer of the Gulf Coast Western firm which has been operational for the last 48 years. Just like his father, Matthew Fleeger had good entrepreneurial skills and that helped him to start and operate two businesses which he sold later. He later rejoined Gulf Coast Western where he currently works as its Chief Executive Officer.

During his tenure, he has helped the company to grow despite hard economic times and is currently ranked as one of the most profitable ventures in the industry. One of the main reasons why the oil company has experienced good returns is the vast experience that the firm and its management team has had over the years. Michael Fleeger is knowledgeable in oil operations. He has played a key role in the formation of partnerships with various stakeholders in the industry. He has helped the organization to acquire and employ modern technology in its operations.

December 31, 2018

Posted In: Businessman

Shervin Pishevar says more quantitative easing is inevitable

Shervin Pishevar is one of the most widely respected venture capitalists in the world today. He is the founder and CEO of Investment company, the firm behind the creation of Uber, Airbnb, Virgin Hyperloop and many other huge tech success stories. Shervin Pishevar has also acted as an independent entrepreneur, founding companies like WebOS, Ionside and Social Gaming Network.

But Shervin Pishevar is not knowns just for his impressive business acumen. In what little spare time he finds, Shervin Pishevar also operates one of the most-followed Twitter feeds in the tech industry. He has more than 100,000 followers, who hang on his every insightful word. He recently engaged in a 21-hour tweet storm, in which he digressed on a large number of highly relevant topics.

One of the concrete predictions that came out of that Twitter-fed consciousness stream was the fact that Pishevar believes that a new round of quantitative easing is all but inevitable. He says that even though the Fed has promised to engage in the opposite program, quantitative tightening, it is almost certain that the central bank will respond to any downturn in the market with a new infusion of cheap credit into the market. And it will carry this program out in the usual way, buying massive amounts of Treasure securities from its constituent branches.

Pishevar says that the Fed will never stand by as the market crashes back to 2012 or sooner levels. The central bank’s quantitative easing program, says Pishevar, is the only tool in its arsenal that has consistently proven to be able to work. And this means that it is the one tool to which the bank will inevitably resort when a market crash drives general calamity in the broader economy.

But Pishevar warns that this time things may be considerably different. He says that quantitative easing is losing its edge. He points to the fact that foreign purchases of Treasury securities have dramatically fallen off so far this year. And he believes that further market interventions could spark serious hyperinflation in the years to come.

https://www.cnbc.com/video/2017/09/21/hyperloop-is-not-just-a-fantasy-its-real-shervin-pishevar.html

November 9, 2018

Posted In: Business, Businessman, CEO, Entrepreneur, Investment, Technology

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Silicon Valley’s Investment Star Shervin Pishevar Is Tweeting And It’s Not Good News

When Shervin Pishevar was a Menlo Ventures partner he decided to gamble on a new startup called, Uber. Pishevar invested more than $25 million in Uber back when no one thought people would like the concept. Today, Shervin Pishevar’s original investment in Uber is worth more than $5 billion. That’s the kind of success that makes ordinary investors turn into Marvel-type super investment heroes.

Shervin Pishevar left Menlo Ventures to start Investment company in 2013. By that time, he had more notches on his investment belt. Tumblr was one of those notches. Google just bought Tumblr for an insane amount of money. Warby Parker and Postmates were two other Shervin Pishevar picks, and those winners put him in the “Investors Hall of Fame. Even though Pishevar left Investment company at the end of 2017, he is still a rock star in Silicon Valley. But that status didn’t stop him from saying Silicon Valley is losing its touch. Mr. Pishevar’s 21-hour tweet storm threw Silicon valley under the startup bus. Shervin believes “the valley” isn’t as sharp as it was a few years ago. Pishevar thinks other countries are going to make Silicon Valley look like Death Valley in the investment world.

Another Shervin Pishevar tweet about cheap money being dead hit a nerve with some of his followers. They see interest rates climbing, and they see inflation working its way through the U.S. economy. And now that Trump’s tariffs are in full force, consumers will have less money to save or invest. Shervin didn’t give stock investors much hope either. His tweet about the market losing more than 6,000-points in the foreseeable future has investors thinking twice.

The Shervin Pishevar tweet storm gave investors a lot to think about. Pishevar thinks all assets are full of hot air, and the hot air is about to explode leaving a mass of tattered investors in its wake. Some investors think his tweet about Apple, Microsoft, Alphabet, and Amazon made sense. Shervin thinks those companies are too big. The government should step in and break up those companies, according to a Pishevar tweet.

https://www.wingsjournal.com/shervin-pishevar-hyperloop-one

October 8, 2018

Posted In: Business, Businessman, CEO, Entrepreneur, Investment

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Sahm Adrangi, The Gifted Financial Advisor at Kerrisdale Capital Management LLC

Mr. Sahm Adrangi has earned himself a place in the investment and financial industry for his remarkable contribution. In 2009, he founded Kerrisdale Capital Management LLC, a company that centers on unique event-driven situations and long-standing value investments. Since its foundation, Mr. Adrangi has served the company as the Founder and Chief Investment Officer (CIO). Based on his role in the company, he has been active in all aspects of its management and development over the years.

Mr. Adrangi is not a novice in financial management. He has a precious and valuable experience stemming from his previous positions in the investment and financial industry. He has served as the investment analyst at Investment Analyst at Longacre Fund Management, LLC. He has also worked at Chanin Capital Partners in the Bankruptcy Restructuring group. At Chanin Capital, he advised creditors in and out of court alongside Chapter 11 bankruptcy rearrangements. Deutsche Bank, he helped reorganize the bank debt and high yield bonds, buyout and exit financing and debt refinancing. Sahm Adrangi is a holder of a Bachelor of Arts in Economics from Yale University.

Sahm Adrangi is a transformational leader. He has developed Kerrisdale Capital into a reputable research-oriented company that manages over $300 million. The firm is a leading proponent of soft activism investing approach. It focuses on creating investment impetus by sharing informed investment insights with the broader investment community. Kerrisdale Capital Management shares information through its website and other third-party websites.

In a recent research-based article, Sahm Adrangi advised that St. Joe’s Land Holdings are over-hyped and not worth the stated valuation. He further disclosed that its largest shareholder, Fairholme Fund was subject to SEC liquidity rules that will oblige it to reduce its stake, effectively increasing the risk of selling an overestimated optimism. The Bay-Walton Sector Plan remained stalled, and the recurrent revenue from commercial development proved immaterial.

Kerrisdale capital also conducted an objective analysis of suspicious traffic to QuinStreet’s network of proprietary and affiliated websites. Sahm Adrangi disclosed that QuinStreet is a low-quality firm with a misinformed business model. Its growth came from a single client, which was a fact that the market had overlooked.

https://www.businessinsider.com/meet-hedge-funder-sahm-adrangi-2013-10

October 3, 2018

Posted In: Business, Businessman, CEO, Entrepreneur, Market Leader

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Louis Chenevert Is The Real Reason For United Technology Corporation’s Success

Louis Chenevert is an entrepreneur and business leader who has achieved plenty in his lifetime. He started from humble beginnings and had to work his way up to where he eventually made it. He was born in Montréal, Québec where he became interested in business at an early age. he learned, early on, that hard work and determination were what helped people to succeed in their life. He decided to go to college and majored in Production Management at the University of Montréal. After this, he was quickly hired on by General Motors at St. Therese, Quebec where he was tasked with managing its assembly line.

 

After working for General Motors for 14 years, Louis Chenevert could feel it was time for a change. He decided to move forward and work in the aerospace industry where he teamed up with Pratt & Whitney, which is a company that is part of the larger United Technologies Corporation. In 1999, Chenevert became President of Pratt & Whitney and began to reconstruct the company from the top to bottom. He ended making Pratt & Whitney a profitable company after it had been suffering with his leadership skills and willingness to explore new technologies.

 

Louis Chenevert ended up catching the attention of United Technologies Corporation and also put together the geared turbofan (GTF) engine in the provess. He became the Chairman of UTC in 2006 and its Director and invested in the GTF engine, which he knew would be a hit in the industry. Today, the GTF engine is huge in its market and has earned UTC plenty of profit. It, literally, put the company back on the map and is now used by over 14 different airlines as well as 70 different aircraft.

 

Louis Chenevert eventually became the CEO of UTC and has received plenty of praise since he took over the role. He loves challenge and saw UTC through some of the roughest times in the United States economy. He is sure that the company’s portfolio of products will help it succeed moving into the future and is glad that he has focused on taking care of the company’s employees. While Louis Chenevert is not the CEO of UTC anymore, he left behind an amazing legacy that continues today.

 

https://www.wingsjournal.com/yachts-rich-famous-louis-chenevert-steve-jobs-johnny-depp

July 11, 2018

Posted In: Business, Businessman, CEO, Entrepreneur, Investment, Investor, Leader

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Tony Petrello supports Jan and Dan Duncan Neurological Research Center

Tony Petrello is one of the people who has contributed immensely to the development of a facility that will help in treating the neurological disorders in children. In the history of medical services, there has never been a facility that offers treatment in this area of medication. The main reason this has not been happening is that no facility has ever conducted advanced research on the cause of these conditions. This has been the case for a long to time, but it will no longer be the same with the entry of Tony Petrello in the medical industry as a philanthropist. Being a generous philanthropist, he is committed to supporting projects that will realize the goals set out. In the case of neurological research, he is committed to facilitating the development of the facility until such a time when the main goal that was set out is accomplished.

In aid of development if this facility, he has donated $5 million and has promised to add another $2 million which will also go to the development of the facility. The donations that he is giving will go a long way in ensuring that children born with neurological disorder get the right treatment. Neurological disorders in children end up hurting their entire life since they cannot live like other human beings.

Jan and Dan Duncan Research Center is going to the first facility in the world to conduct research in this field of medicine. Tony Petrello and his wife Cynthia want to see this company succeed by ensuring that all the activities of the center are facilitated. By having sufficient funds to support the research, they hope the set-out goals will be accomplished. Tony and his wife co-chair fundraising committee on behalf of the facility, so far, they have managed to bring $500 million from donations made from all over the world.

The cause that they are supporting will go a long way in supporting children who suffer from neurological disorders, one of them being their daughter. In fact, Tony Petrello realized the problem when he was looking for a medical facility that could cure his daughter. There was no such facility in any part of the world and that is how he realized that he needed to do something to save the situation.

For More info: www.ckwluxe.com/cynthia-petrello-full

July 5, 2018

Posted In: Businessman, Investor

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Sahm Adrangi Is Taking The Short Side With Proteostasis With Latest Negative Report From Kerrisdale

Sahm Adrangi is a well-known man in the investing world thanks to his many accomplishments as an investor and his success at Kerrisdale Capital. This private investment firm invests in various companies around the world. Today, being able to identify quality companies in the stock market is a challenge, and Sahm Adrangi is standing out where not many can. Kerrisdale has managed to excel and come out on top of the S&P 500 for several successive quarters.

On a normal basis, Kerrisdale Capital puts out reports on various companies in the market, and their latest was quite the negative report against biotech firm Proteostasis. This biotech company is home to Cambridge and has recently been making claims of a new breakthrough in terms of cystic fibrosis. Their new drug in development, PTI-428, is aimed at helping increasing lung performance in patients.

Unfortunately for Proteostasis, Kerrisdale was not impressed with their figures and the data they released, so Sahm Adrangi decided to do a little more digging into the company. Upon even closer examination of the results of the company, their actual test sample was extremely small. So small in fact, PTI-428 was only tested on four patients. This is not nearly enough to make such claims the company has been making, causing their company stock value to go up.

Kerrisdale took quickly to their report to get it out as soon as possible to inform the public and many investors out there of what is really behind this biotech company, Proteostasis. According to Sahm Adrangi, their drug cocktail is most likely an ineffective drug that works better as a placebo. Unfortunately for Proteostasis, the majority of their company value is invested in their product, which means they will lose more than 70% of their company share value when it comes out that PTI-428 is not effective.

As more companies and investors are becoming aware of the nature of this biotech company, their share values continue to drop and will likely push the company off the map in the near future.

http://www.imdb.com/name/nm1444924/

April 19, 2018

Posted In: Business, Business success, Businessman, CEO, Entrepreneur, Investor

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Tempus Technologies of Eric Lefkofky Receives $ 80 Million

The name Eric Lefkofsky is trending because of some noble actions of the great inventor and technology geek. Eric is the CEO of Tempus; a technology outfit that has hit the news for months about its efforts to battle cancer by using cutting-edge technologies. He is also a co-founder of the company and a couple of others in the technology field. Eric is so conspicuous because of his liking for disruptive technologies that help enhance service delivery, especially in the health services sector. Eric also co-founded a NASDAQ-listed company by the name Groupon. The list of the tech companies Eric has helped to start or started on his own is long, but one of the most outstanding because of the contribution it has already made in the fight against cancer is Tempus. It is an operating system that uses personalized patient data to develop profiles and analysis of a patient’s cancer status and trends. Physicians have found the technology handy because it helps them make fast decisions about the cancer patients that they interact with; decisions that are often helpful in battling cancer before the condition spread its ominous tentacles too far. Tempus has already networked with many cancer centers in the US. Now it is getting some money for growth.

Tempus Receives More Donor Funding

According to reports by the Chicago Tribune recently, Mr. Eric Lefkofsky’s Tempus Company has just received a cash boost. It will be yet another gesture of support for the work by the young American inventor and technology enthusiast who uses his passion and skills in technology to promoter cancer treatment and handling. Tempus is noted to be an important resource in promoting upcoming technologies that prove to have the potential to change the old order of things, especially in the medical world. According to the Chicago Tribune report, Tempus has received over $ 80 million from what the news source describes as existing and new investors. So far, Tempus, under the umbrella of Groupon has received up to $210 million since it was started in 2015. Tempus breaks the record of companies that have had the most profound impact on humanity barely two years since they were started. The latest funding is a boost to Mr. Eric Lefkofky’s work in battling the cancer menace through technology. To know more about him click here.

His Contributions to Society

Eric Lefkofsky has demonstrated a heart for helping those who have been afflicted by disease and pain. He and his wife formed the Lefkofsky Family Foundation. The Foundation seeks to extend charity assistance to needy communities and individuals around the globe to resolve or mitigate their health concerns. Eric is a respected personality already. He is a trustee of Lurie Children’s Hospital based in Chicago, the Museum of Science among others.

April 3, 2018

Posted In: Businessman, CEO

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