Modest Leaders: Focusing on Louis Chenevert’s Leadership

Chenevert, a successful businessman, based in Canada, is a former CEO and Chairman of United Technologies Corporation. Being born in the year 1958 at a place called Montreal, Quebec, his childhood was relatively normal, but his interest in business was seen in his teenage years. He was a self-driven person and believed that hard work is the only key to success. He, therefore, joined the Business School of Montreal University to major in production management.

After graduation, he quickly landed a job with a company called General Motors, where he showed his prowess and became promoted to a production manager within a short time. He would later work in this organization for fourteen years. In 1993, Louis Chenevert decided to transition his career and joined an aerospace industry called Pratt and Whitney Canada. This company mainly deals with the manufacture of aircraft in Canada. The company is, however, a branch of Pratt and Whitney Company based in the US. Interestingly, P and W is a business model that is contained within UTC which makes larger aircraft engines

During his time in PWC, Chenevert was able to cut all the manufacturing costs by ten percent within one year. He used his knowledge in assembly lines and helped cut down the time it took to construct engines from two years to nine months.

In 1996, Louis left PWC and joined P and W as he was selected to replace the executive vice president in charge of operations who was retiring. After three years, he became the president of P and W in 1999. When he took over this company, it was going through tough economic times, but due to his dedication to exploring new technology and efficiency, the company started becoming profitable again. The company has more than 33,000 employees and makes a profit of over 1 billion dollars each year.

Since Pratt and Whitney is a unit of UTC, the multinational corporation came to seek the services of Mr. Chenevert. He guided UTC through many investments such as GTF engines, and in 2008, he became the CEO of this company. Under his leadership, the corporation sailed through the harsh economic downturn, increasing its stock from 37-117 dollars a share. He also landed a 240M dollar contract with the US Navy and acquired Goodrich Corporation for UTC.

http://www.courant.com/business/hc-goldman-sachs-louis-chenevert-20150909-story.html

The Truth about Sahm Adrangi in the Investment Industry

Sahm Adrangi manages the Kerrisdale Capital Investment which deals with investment values both short term and long term. Sahm Adrangi went to Yale University where he graduated with Bachelors of Art in Economics; He worked for Longacre Fund management as a financial analyst before joining Kerrisdale Capital investment. Sahm Adrangi also worked for bankruptcy restructuring group at Chanin Capital Partners; his leading role was to educate creditors. Sahm Adrangi worked for Leveraged Financial group of Deutsche Bank; his work involved yielding bonds and leveraged buyer outs.

Adrangi noticed the fall of the capital market in 2013; many companies sold their stock while giant companies remained the same. Some energy companies closed while others experience bankruptcy. Sahm Adrangi focuses on the value of the stock and can work on any sector revolving around investment. His current company Kerrisdale Capital Investment has over three million dollars investment in long-term investment value. The company shares its ideas with Broader Investment Community using their website.

Its primary focus is on particular situations and value of each stock they make; as a fundamentally oriented investment manager, it ensures that all their stocks and that of their clients are well managed and invested well. Through its ways of sharing investment ideas, it the best in soft activism investment approach. Sahm is thirty-three years old and is currently the Chief Investment Officer at Kerrisdale Investment located in New York. Short-term investment has helped the company gain the wealth they have now when a long-term investor is unable to make a long-term investment, they make it short term to benefit both parties.

Sahm has noted that those who read Kerrisdale published blog are institutional investors looking for best ways to invest their money. They send emails to their followers updating them on current market prices and stock status. The company seeks advice from technology companies to gain knowledge of current technology and its impact on the stock world and also the business world. The cheaper a product is, the more its bound to fail because of inability to serve potential clients.

http://nakreport.com/2018/01/09/kerrisdale-capitals-sahm-adrangi-remains-thumbs-down-on-northern-dynasty-minerals/

Shervin Pishevar says modern tech monopolies have power to destroy startups

Shervin Pishevar, one of the most lauded venture capitalists of the modern era, has made a career out of being able to spot market opportunities then answer them with high-tech solutions. As a founder and tech entrepreneur, he has started numerous highly successful companies. Names like WebOS, Ionside and Social Gaming Network are entries that Shervin Pishevar can proudly write into his resume as being children of his creation. As the founder and CEO of Sherpa Capital, the inveterate financier has also been behind the critical early-round financing of such mega-startups as Uber, Airbnb and dozens of others.

In his sparse free time, Shervin Pishevar also likes to weigh in on some of the most pressing concerns of the day. Through his Twitter feed, which has nearly 100,000 subscribers, Shervin Pishevar often holds forth on everything from the role of U.S. monetary policy to the analysis of cryptocurrencies.

One of the topics that he has been frequently addressing as of late, especially during a 21-hour tweet storm that left many of his opponents scrambling to find adequate rejoinders, has been the degree to which the U.S. should tolerate monopolies forming in the tech space. In particular, Pishevar has focused in on the immense harm that some of the largest tech companies are currently doing to innovation in a wide range of fields.

As just one example, Pishevar cites the ongoing feuds taking place between Uber, the company that he helped found, and the orders-of-magnitude larger Google, which has a nearly unlimited budget to harass and knock around its competitors. Uber, says Pishevar, has long been dedicating a large amount of its budget to researching and developing self-driving vehicles. But lately, he says, Google has started filing nuisance lawsuits against the firm, spuriously alleging that Uber has stolen intellectual property rights from the sclerotic Bay Area giant.

While Google has nearly unlimited funds with which to wage lawfare, Uber has been markedly damaged by having no choice but to show up in court and defend itself against the frivolous claims lest there be a default judgment rendered against it. Pishevar says this is just one way in which the monopolies abuse their power to stifle and snuff out competitors.

http://nymag.com/selectall/2016/10/the-kink-in-elon-musks-hyperloop.html