Sahm Adrangi Founded Hedge Fund Kerrisdale Capital

One of the important things that distinguishes hedge funds from regular mutual funds is their ability to short stocks they believe are going to go down in price. However, this practice, although common, is never popular with the executives of the company that is being shorted. That’s because it is an implicit criticism of how badly they are running the company. Short sellers make money only if the stock price goes down. They can lose a lot of money when the shorted stock goes up.

Sahm Adrangi founded the hedge fund Kerrisdale Capital Management, and now serves as its Chief Investment Officer. He put $1 million into it when he launched it in 2009. It has $150 million in assets under management, as of July 2017. Sahm Adrangi looks for undervalued stocks to buy and hold until their prices go up (going “long”) and for overvalued stocks to short and profit from when their prices go down. Kerrisdale Capital is also known for publishing its research.

Adrangi began his career at Deutsche Bank. He financed high-yield and leveraged loans. He also advised creditor committees on bankruptcy and restructuring situations at Chanin Capital Partners. He also spent several years at Longacre, a multibillion dollar hedge fund that specialized distressed debt.

After founding his hedge fund, Sahm Adrangi attracted notice for shorting fraudulent Chinese companies, including China-Biotics, China Marine Food Group, Lihua International and others. Two of his targets, ChinaCast Education Corporation and China Education Alliance became the subject of enforcement actions by the Securities and Exchange Commission. When he shorted those companies, Adrangi made his research public information. Of course, this also helped to drive the share prices of these companies down, which profited him.

Now Sahm Adrangi and Kerrisdale Capital are considered leaders in the field of short activism. He does want to profit by shorting the stocks of overvalued companies, but at the same time, by exposing the company’s faults, he is saving the money of investors who would have paid too much for it when buying. He is also known for using social media to disseminate his findings, while most hedge fund managers prefer to keep their research to themselves, believing that gives them an advantage over other investors.

How Todd Lubar Has Thrived In The Real Estate Industry

After earning his undergraduate degree at Syracuse University, Todd Lubar launched a career as a mortgage broker in the residential real estate industry. He works in Baltimore, Maryland, and is now the president of a company he founded, TDL Global Ventures. He now has several industry experts working for TDL Global Ventures and it is his mission to bring relief to homeowners when it comes to their mortgages.

The first position that Todd Lubar had in the mortgage world was a Crestar Mortgage Company. He says that it was at this position that he learned the craft and how to conservatively evaluate mortgage applications. He also built a professional network of industry contacts that he continues to use including insurance and real estate agents as well as professional contractors.

After working for Crestar Mortgage Corporation for four years, from 1995 to 1999, he left in order to work at a satellite office of the Arlington, Texas-based firm Legacy Financial Group. Todd was highly successful in this position and was one of the top mortgage originators in the state of Maryland. He vastly increased this office’s annual loan volume during the six years he worked for Legacy Financial Group. For more details visit angel.co

The next career stop for Todd Lubar was at Charter Funding. He was brought in as a senior vice president where he handled their mortgage banking. It was during this time that the housing crisis hit the United States, tanking the sales of homes across the nation. Due to this he left the real estate industry for a number of years in order to pursue better opportunities. Check out Medium to see more.

During his hiatus from the real estate industry, Todd Lubar tried his hand at a number of different companies he founded. Todd owned and operated a nightclub for a few years and also owned two other businesses, one that demolished buildings and another that offered recycling services. Once the housing market reached its nadir he also started a real estate development firm. This involved buying foreclosed properties, fixing them up through remodeling, and then reselling the home to make a profit off his business activities.

See more: https://patch.com/maryland/baltimore/todd-lubar-explains-current-real-estate-trends-baltimore

Reference: https://www.crunchbase.com/person/todd-lubar#/entity

Sentient AI — Multivariate Testing

Many top brands are moving their operations to Sentient AI. The switch comes amidst a massive industry migration towards smart data. The data included in the switch is important for industry operations in optimizing consumer relations and conversion rates.

Companies that have made the switch include The cellular Connection and ABUV Media. The companies adopting the new technology all report gains in conversion rate above one hundred times that of conventional methods. The greatest gains come from the ability to take advantage of Sentient AI multivariate testing. Sentient AI is the world leader in artificial intelligence technology. The use of massively distributed databases to distribute the workload and optimize computing power through managed systems make the artificial intelligence both fast and smart. The inputs allow users to create test cases and test for multiple variables while parsing data and yielding results in real time. The speed at which managers can create new data sets and landing pages grows exponentially. Multivariate input is the ability to create multiple inputs. These inputs are the landing pages, test cases, and product pages pages your team develops. Sentient AI will take each page as input and test against the crowd’s response rate. The pages which are determined to be more fit than others will bubble up to the top.

Sentient AI multivariate testing takes advantage of a genomic algorithm to yield the best results. The genomic data is created by testing the level of fitness of each page. It’s similar to the dynamics of organic genes. In the animal kingdom, the best genes will combine and recombine to reproduce the strongest genes fit for survival. Sentient AI replicates this genomic replication mechanism by pitting the pages against one another and testing every possible combination to find the site most suited to improve conversion rates.

The Cellular Connection uses Sentient AI as one of the largest wireless retailers located within the United States. They have over 1,000 locations and use the technology to increase their customer response to online coupons that drive customers into stores. After a mere 3 weeks, they saw a massive 33 percent increase in conversion! Nexway is a global leader in e-commerce and provides services to the software and digital services industry. They are major providers for companies like Kaspersky and Avast. They report favorable results after implementing Sentient AI for their extensive client list. Companies in the digital space all report benefits from using Sentient AI.

Read: http://thecircledot.com/2017/09/25/how-e-commerce-sites-leverage-ai-technology-to-improve-customer-experience/

Daniel Taub Helps People Through Ambassador Issues

When Daniel Taub was working as an ambassador, he knew a lot about how he could help people and what he would need to do to provide everyone with the things they needed to be successful. Daniel Taub had always wanted to make sure he was helping others and giving them the things they needed. For Daniel Taub, this was part of who he was and part of what made him such an influential part of the community. He knew there would be a way to change things and there would be positive action he could take to help people through the issues they were facing.

 

Despite some of the issues that Daniel Taub had when he was an ambassador, he learned a lot from the position. He learned he needed to slow down and take things in, focus on no regrets and give his family all the attention he had to give. While it was hard to do things like this when he was in such a demanding position, Daniel Taub knew he could try to give people the things they were hoping for and the things they needed to be successful in every situation.

 

Part of what had made Daniel Taub so successful was the fact he could try to give the community what they were looking for. He had always wanted to be a helper and decided that was part of who he was when he was working for the embassy. Even though Daniel Taub was one of the youngest and least experienced ambassadors that had served in that position, he was still confident in himself and that is what made him the best he could be. He was successful because of the junior position he was in and the things he was doing to make that position something valuable in every situation.

 

After resigning from the position, Daniel Taub felt he could continue helping people. He wanted them to know there were other options they had and they didn’t have to worry about how they were going to be affected by the issues that were at hand. Daniel Taub liked to give people what they were looking for and liked to offer these new opportunities to everyone who came to him for advice. Looking at new options gave Daniel Taub the ability to try and help people who needed advice on how to be successful in life. Learn more:  http://israblog.nana10.co.il/blogread.asp?blog=864881

 

 

 

Securus Technologies gets provisional FCC approval for Wireless Containment System

While little good comes from the practice of war, over the last 100 years, the wars that the United States have fought have produced many technologies that have everyday applications for civilians. From the personal computer to the internet to the microwave, many of the amenities of modern life that we all take for granted are direct products of the Department of Defense looking for a better way to fight wars.

 

Many of these wartime inventions are things that we may not even be aware of. For example, every time we get on a jet airliner, we are traveling on a design that was 100-percent the product of government contracts. In fact, the first jet airliner, the Boeing 707, was heavily sourced from that company’s other famous plane, the B-52 strategic bomber.

 

This trend of war being the mother of useful American innovation has not abated to the present. Today, one of the most exciting new innovations to hit the prison industry is the Wireless Containment System, a product of prison communications services giant Securus Technologies.

 

The Wireless Containment System is a ready-to-go cellular interdiction and interception suite. Developed directly from a system known as Stingray, which was used to intercept enemy communications and pinpoint enemy operatives in the Afghanistan and Iraq theaters, the Wireless Containment System is one of the most powerful civilian-approved anti-cellular applications that have ever been developed.

 

In fact, the WCS is so powerful that Securus has been tussling with the Federal Communications Commission over its deployment for the last few years. The FCC has voiced concerns that, should the system fall into the wrong hands, it could be severely abused in a number of ways that could seriously undermine the public safety.

 

Securus responded by a complete redesign of the system, creating a map-based feature that uses a combination of GPS technology and advanced radar-like ranging equipment to ensure that the device’s reach cannot extend beyond the prison grounds, potentially interfering with legitimate cellular traffic on the outside.

 

While the system has not yet gained full FCC approval for use at all of the nation’s carceral facilities, it has been approved for trial deployments at some of the more remote prisons across the American West. So far, the results are extremely promising, with corrections officers where the system has been deployed reporting that the rate of blocking unauthorized cellular calls is effectively 100 percent. Guards have also stated that the homing mechanism allows them to uncover the precise location of all contraband devices within the system’s operating radius, allowing for the immediate physical confiscation of any smuggled cell phone.

 

Securus estimates that the system will be approved for full deployment sometime in mid-2018 and that it will soon be installed across the nation.

 

The Outstanding Career of Jim Larkin as a Labor Organizer

Jim Larkin has remained in the hearts of many people in the United States because of his accomplishments. Many people remember him as an established Irish labor organizer who fought for the rights of workers in the country. Jim is the founder of an institution known as Irish Transport and General Workers Union.

The foundation was introduced into the market more than one century ago, and its main objective was to make sure that workers received the best treatment at their workplace.

The union grew under his leadership, becoming one of the most successful and influential workers union that have ever existed in Ireland. After serving the country for more than ten years, Jim decided to relocate and look for greener pastures in the United States. Read more: James Larkin | Biography and Jim Larkin | Wikipedia

While he was away, his trade union did not survive due to his absence. The union later collapsed. Jim was always passionate about helping the less fortunate people in the society. His upbringing played a critical role in his career life.

When growing up, Jim’s parents were poor, and they could not afford most of the luxuries of life. Jim brought up him in one of the largest slums in the country, and Jim never got an opportunity to attend good schools and acquire decent education.

The parents earned very little at the end of the month, and this is why Jim had to look for any type of work so that he could support them. After looking for jobs for a while, Jim was hired to work as a foreman in Liverpool.

Although Jim Larkin was later deported from the United States and returned to his home country, he left a legacy that has been remembered by many people in the country. Most of his trade unions did well for years until 1940’s.

New Chairman Luiz Carlos Trabuco Is Moving Bradesco Into The Digital Age

Bradesco offers its customers more than 60 thousand physical service points. There are more than 5,000 branches and thousands of ATM service centers around the country. Some executives on the Bradesco team think that is too many to support. The reason for the switch in banking philosophy is due to the surge in mobile phone use. Brazilians are using their phones to bank as well as shop.

The old bank branches are turning into expensive dinosaurs. There is a definite change going on in the banking industry, and some private Brazilian banks are expanding into the global market in order to hit revenue projections according to insiders.morningstar.com. Bradesco, on the other hand, is exceeding revenue projects because CEO and Chairman Luiz Carlos Trabuco continues to show great leadership abilities.

Trabuco and his team set up the all-digital franchise, Next. Next is one of the bank’s greatest achievements, according to Mauricio Machado de Minas. Mauricio Machado de Minas is the guy that actually put the Next program together for Bradesco.

Mauricio Machado de Minas is the current vice-president of Bradesco’s IT division, and he is also in line to take Trabuco’s position as CEO. Trabuco is moving into the Chairman of the Board’s office. The longest running Chairman of the Board in Brazil’s banking industry, Lázaro de Mello Brandão, is retiring, and the board gave his position to Trabuco. Mr. Trabuco will serve as CEO and chairman until his replacement takes over at the beginning of 2018. Even though 91-year-old Lázaro de Mello Brandão is retiring, he will still have an office in the bank. Trabuco and Brandão will continue to consult and plan when Brandão is available.

Bankers tend to move from bank to bank in order to move up the banking pecking order, but Luiz Carlos Trabuco did that without ever leaving Bradesco. Luiz got his entry-level banking job in 1969 after earning a degree in philosophy from the University of Sao Paulo.

Read more on economia.estadao.com.br

He also did graduate work in psychology at Fundação Escola de Sociologia e Política de São Paulo. Trabuco is one of those likable managers who understand what it takes for banking teams to succeed. He also knows Bradesco must stay current if the bank wants to attract more foreign investors.

Some Bradesco executives think the seven candidates for CEO job are good choices. They all know what Trabuco and the board expects, and they know how to make the board’s expectations happen, according to some of the candidates. Mauricio Machado de Minas, as well as human resource VP, Andre Cano, investment VP, Marcelo Noronha and Seguros President Octavio de Lazari, are on the shortlist for CEO. Some people think Chief loan officer Domingos Figueiredo Abreu has a shot at the job, and other people like Josué Augusto Pancini, because he is the VP in charge of all the bank branches.

The decision to name a new CEO and Chairman of the Board comes at a good time for Bradesco. Wall Street is telling investors to buy the bank’s stock in 2018. Some investors aren’t waiting, thanks to outstanding third quarter results. The bank is beating last year’s revenue, loan, and assets under management numbers.

But one of the main reasons for the investment interest in Bradesco is the economic recovery that is taking place in Brazil. According to the Brazilian government, the worst recession in modern times is over. But there are still political issues and dirty laundry to address.

And the uncertainty that surrounds the governmental stagnation still creates doubt in the minds of some foreign investors. Brazilian President Michel Temer is making bilateral trade agreement progress, and the Central Bank is lowering interest rates. Trabuco thinks that’s good news, so the bank is planning to expand their loan portfolio in 2018.

Learn more about Luiz Carlos Trabuco: https://www.terra.com.br/economia/trabuco-assumira-presidencia-do-conselho-do-bradesco-banco-nomeara-novo-chefe-executivo-em-marco,9fb1d7fe927d7f26678a7543f82f02edw3u6oihm.html

A Review Of The Functions Of Human Rights Organizations

In the recent past, Migrants Rights International (MRI) celebrated its 20th anniversary. Over the years, the noble organization has been fighting for migrant, civil, and human rights.

To this end, MRI has been working closely with other rights advocate groups such as the United Nations Human Rights Council, the World Conference on Women, the Global Forum on Migration & Development, and the World Summit on Social Development.

MRI’s concerted efforts have led to the creation and strengthening of migrants’ rights movements. The organization has organized and launched eight international civil society conferences. These conferences are popularly known as People’s Global Action on Migration, Development, & Human Rights. MRI has members spread across the globe.

These members are actively involved in advocating for respect, protection, and fulfillment of various human rights. They mainly focus on issues affecting migrants in their regions or countries. The efforts of MRI members have fostered unity and ensured the inclusion of migrants’ voices in formulation of different policies.

Recently, the rights group launched a new campaign called Step it Up: Dignity, Rights, Development/Marking 25 Years of the UN Migrant Workers’ Convention. Learn more about Michael Lacey and Jim Larkin: https://twitter.com/JimLarkin_

The campaign is supported by different renowned international rights advocate groups such as the International Labor Organization, the Arab Network for Migrants Rights, the South Asian Regional Trade Union Council, and the OHCHR Secretary of International Convention on the Protection of the Rights of All Migrant Workers and Members of Their Families. Lacey & Larkin Frontera Fund has been supporting this campaign.

The campaign aims at providing the ideal platform for the fight for migrants’ rights. This platform amplifies these efforts and improves their chances of success. Its goal is to ensure that migrant workers and their families enjoy their freedoms. Read more: Jim Larkin | Angel.co and Jim Larkin | LinkedIn

In line with its 20th anniversary celebrations, MRI is working towards stepping up its ratification efforts. It will continue to highlight the struggles of migrants in accessing decent job opportunities and dignity at workplace. MRI will also enhance its rights-based approach to development in the society.

About Lacey & Larkin Frontera Fund

Lacey & Larkin Frontera Fund is a renowned charity organization based in Phoenix, Arizona. The group focuses on funding rights groups advocating for immigrant rights, freedom of speech, and civic participation. Most of their efforts are channeled to organizations operating within Arizona.

Michael Lacey and Jim Larkin are the founders of Lacey & Larkin Frontera Fund. The two journalists also co-own two media houses: Village Voice Media and Phoenix New Times. In addition, the two co-founded the fund after their wrongful arrest by Sherriff Joe Arpaio of Maricopa County.

The charity organization used the $3.75 million paid by Maricopa County as settlement money for their wrongful arrest to start the fund. The two shrewd entrepreneurs have continued to fight for the enhancement of liberties.

Ways in which Securus Technologies is Improving Correctional Facilities

Securus Technologies is known for its leading edge civil and criminal justice technology solutions that are aimed at improving public safety and the modern day incarceration experience. Securus Technology serves several security agencies that are in charge of law enforcement and public safety. The technology provided by Securus is powerful, yet easy to use. The Securus team is composed of dedicated designers, technologists and engineers who have ensured the company provides innovative solutions for their clients.

 

The products by Securus are not only economical for the customers but also maintains high-quality solutions and provide the best customer service in this sector Securus provides services such as connecting inmates to their family and connecting the facility personnel to critical information for the operation of the establishment. Securus Technologies has impacted many lives positively with the services that they provide.

 

Because of the positive impact that Securus Technologies has had in the lives of people, they receive numerous letters and emails about the products and how we chsnge lives. An example is when our services assisted law enforcement in arresting corrupt staff member by information obtained from phone calls. More corrupt members are now able to be apprehended because of technology provided by Securus.

 

Securus Technologies also enabled calls to be monitored to get information regarding inmate alcohol use and drug selling inside the facility. The technology has also been able to unveil cellular device threats and suspicious conversations at the same facility. The vision of Securus Technologies has also enabled institutions to improve the general security posture of different facilities. The LBS services, in particular, has been cited to be helpful in several facilities to unveil many illegal activities taking place within these institutions.

 

The firm has its headquarters in Dallas, Texas, and serves almost 3500 facilities all over the country. It has impacted positively the lives of over 1 million inmates across North America.

 

Larkin & Lacey Frontera Fund Joins Other Human Rights Organizations in Fighting the Good Fight

The United States of America was founded on fundamental human rights. This has made the country the home of the free, and it has been at the forefront of advocating for civil, migrant, and human rights.

This freedom has made it the perfect home for numerous human rights organizations. Below are three such organizations that envision the concept of an equal, free, and fair world.

The American Immigration Lawyers Association

Abbreviated as AILA, the association is a voluntary bar organization which operates as a nonprofit and non-partisan firm that educates and informs people of American immigration law.

AILA was formed in 1946 as the Association of Immigration and Nationality Lawyers (AINL). Today, it has 38 chapters and at least 50 national committees.

AILA has over 15,000 attorneys as well as law professors who not only practice but also teach immigration law. The organization provides several services including continuing legal information, professional services, information, and expertise. Learn more about Jim Larkin and Michael Lacey: http://www.laceyandlarkinfronterafund.org/about-lacey-larkin-frontera-fund/michael-lacey/

Its member attorneys represent families living in the US that are seeking permanent residence for their loved ones. They also represent US businesses that try to hire talent from outside the country. Moreover, AILA represents asylum seekers, international students, athletes, and entertainers on a pro bono basis.

Coalition for Humane Immigrant Rights of Los Angeles (CHIRLA)

The CHIRLA organization is located in Los Angeles and focuses on immigrant rights. It was formed in 1986. The Californian-based organization is a national leader and champion or immigrant rights with an enormous national impact.

It is composed of a diverse group of immigrant individuals and families who all act as social change agents with the aim of achieving national cohesion, freedom of mobility, real participatory democracy, and full human rights.

CHIRLA was formed immediately after the 1986 Immigration Reform and Control Act. It created a ripe environment for the abuse and exploitation of immigrant workers across the country.

The Lacey and Larking Frontera Fund

Jim Larking and Michael Lacey are the co-founders of Village Voice Media as well as the Phoenix New Times. The two have dedicated a huge chunk of their settlement money, which they received after an unlawful arrest, to fund several migrant rights organizations located throughout Arizona.

On October 18, 2007, Sheriff Joe Arpaio of Maricopa County, arrested the two journalists after they revealed the existence of a grand jury convened against him. The grand jury had sought the notes of reporters on articles covering the Sheriff. Read more: Michael Lacey | Crunchbase

What’s more, grand jury subpoenas were issued demanding the identity of all citizens who read online New Times stories covering the lawman. The two journalists later sued the county in defense of their First Amendment rights.

They, finally, prevailed in the ninth circuit US Court of Appeals and awarded $3.75 million in settlement money. Following the massive settlement, the two created the Lacey and Larking Frontera Fund that continues to support groups that are advocating for migrant, human, and civil rights.

Moreover, they also fight for basic human rights like civic participation and the freedom of speech. They operate across the state of Arizona including the ‘la linea fronteriza’ located on the Mexican border.

Learn more about Jim Larkin and Michael Lacey:

http://james-larkin.com/
https://angel.co/michael-lacey-3