Bad Business Leads to Bad Drugs According to Sahm Adrangi

Hedge fund investor Sahm Adrangi uses his capital to destroy bad business and he’s profiting from it while making a difference. The activist investor and Chief Investment Officer of Kerrisdale Capital Management LLC. first made headlines by taking down several shady Chinese companies that were listed in the United States by instigating short-selling attacks on their stocks. This resulted in a couple million in profits, several investigations, and multiple companies being exposed for fraud and facing enforcement actions internationally. More details on Sahm Adrangi at

Some of these companies were for-profit education centers that were essentially complete hoaxes. Of these companies the China Education Alliance and the ChinaCast Education Corporation both faced legal actions because of their fraudulent activities. Other companies he targeted in 2011 were Lihua International and the China Marine Food Group. While a couple million profit may not be comparative to some of the larger, more seasoned investment companies, Sahm Adrangi wasn’t even 30 when he made these discoveries and bet against them. Consequently, his age and methods of betting against companies brought him international attention. Learn more about Sahm Adrangi at

In 2017, two of his bets against pharmaceutical companies that were developing drugs that he had predicted would fail paid off within weeks of each other. These included a failed prostate cancer vaccine and a drug to treat a rare type of epilepsy that both showed to be only as effective as placebo in late trials. In light of his recent correct predictions, investors took notice when he announced his negative opinion on Prothena’s AL amyloidosis drug. Sahm Adrangi’s prediction in that the positive results shown in the trials are simply the result of natural variance as opposed to the drug itself. Consequently, the company’s stock fell approximately 8% when Sahm Adrangi made his research public. If his prognosis is correct, Prothena will join several other biotech companies such as Bavarian Nordic, Zafgen, Sage, Biosciences, and Unilife who used bad science to sell bad drugs.

Adrangi founded Kerrisdale in 2009 and previously worked for Deutsche Bank, Chanin Capital Partners, and Longacre Fund Management LLC. as an analyst after graduating from Yale University in 2003.

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Customers Get To Shop and Discover With The RealReal

One thing that has been missing from fashion and shopping in general is the sense of discovery. This is the one aspect of shopping that can get people more eager to shop. Fortunately, there is a lot of room in fashion for discovery. For one thing, there are always new trends for people that are interested. One common misconception about new trends from those that are experienced with fashion is that they are always unappealing. The truth is that there are some new cuts that can be really great to buy and wear. In fashion, women and men are awarded when they find something unique. Men are more rewarded in fact.

One of the best places to shop for when it comes to fashion is The RealReal. For one thing, this company allows people to look through products and find something new that they have not seen before. While the clothing that is found may be based on old concepts, there is something new about the product. For one thing, it can be something as simple as the band on the neckline. Either way, this can be something that is compelling for the customer to buy. One of the best things that The RealReal offers for both male and female customers is options.

While some people would enjoy the graphic t-shirts and the phrasings on the t-shirt, there are a lot of other t-shirts and pants that focus more on the design. There are some people that like finding a plain outfit that does not look so plain. While it may be fun to have some funny sayings on the outfit, the types of outfits that focus more on the cut are a different story all together. For one thing, people get to enjoy the actual style and creativity that go into creating these items.

One of the selling factors of The RealReal is that it is for the casual and the more serious fashionistas. People who just want to find something fun to show off as well as some of the more sophisticated people.



James Larkin, the Dublin Labor Leader

James Larkin, born January 21, 1876 was a complicated character, seen as the father of the ITGWU and its major agitator. He grew up to be a labor organizer, eventually establishing the Irish Transport and General Workers’ Union (ITGWU) in 1907 in Dublin. He grew up in the slums of Liverpool, U.K. Having little formal education, he eventually obtained a job working on the Liverpool docks, where he became a foreman.

Early on, Larkin was committed to the fair treatment of workers. While working on the docks, he joined the National Union of Dock Laborers (NUDL). He advanced to be a fill-time trade union organizer at the NUDL.

Larkin shocked the NUDL with his militant strike methods. The NUDL sent him to Dublin to lessen his influence on their workers.

In Dublin, Larkin continued his militant work, eventually establishing the Irish Transport and General Workers’ Union which staged a strike that lasted eight months and included 100,000 workers. Their efforts forced the company owners to give in to their demands of fair employment. This event was dubbed the “Dublin Lockout” of 1913. Learn more about James Larkin: and

During the years that he headed the ITGWU, he was constantly embattled with his rival, James Connolly for leadership of the organization. Even though they both saw the union almost identically, they butted heads often.

Larkin sought to strengthen the voice of the union, so he began to publish a paper called “The Irish Worker”. Larkin proved to be a talented editor. By 1911, the ITGWU grew to have 50,000 members.

James Larkin had risen so fast and so far that he began fighting with his inner demons. While the unfair plight of his fellow man troubled him, he constantly struggled with his love of praise and admiration.

This became very evident after 404 Dublin men fought off 20,000 workers because they trusted Larkin. This proved to many that James Larking was a much trusted and respected labor leader.

Larkin moved to the U.S. after his time with the ITGWU, but joined forces with socialist and communist, which got him arrested for criminal anarchy in 1919. He was pardoned in 1923 and deported to England.

In 1924, he helped his brother, Peter and his son, Jim launch the communist’s version of a labor union, the Worker’s Union of Ireland (WUI).

The Catholic Church moved against communism in the 1930’s which forced Larkin to become more centrist. In 1943, he gained the title of TD for the ITGWU in North East Dublin. Larkin died in 1947 after falling through a floor while supervising repairs on the WUI’s Thomas Ashe Hall.

Read more: James Larkin | Ireland Calling and Jim Larkin | Biography