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.

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

Larkin & Lacey Frontera Fund: At the Forefront of Protecting Immigrant Rights

For many decades, oppressive governments and leaders have used repression of the freedom of expression as a tool for exerting their authority over the masses. Without the space for expression, it was virtually impossible to be heard or self-determine.

This extended to freedom of press, without which the opinions and sufferings of many would be muzzled. Suppression of the freedom of expression essentially rendered citizens prisoners without any human dignity. Consequently, basic human rights were taken away while torture was common place. Learn more about Jim Larkin and Michael Lacey:  https://twitter.com/JimLarkin_ and http://www.bizjournals.com/phoenix/potmsearch/detail/submission/6427427/Jim_Larkin

However, the past few decades have seen significant improvements when it comes to guaranteeing and respecting universal human rights. One organization, which has played a critical role in ensuring such progresses, is Amnesty International.

Since its founding in 1961 in London, England, Amnesty International has grown into a global human rights organizations with operations in over 150 nations and territories.

Peter Benenson who founded the organization initially focused on prisoners of conscience who were executed and imprisoned by their governments for holding different religious or political opinions.

However, the scope of the organization’s objectives has broadened to including emerging human rights challenges such as immigration and refugee issues.

The Nobel Peace Prize-winning organization has played a critical role in abolition of capital punishment including the death penalty in many countries.

Through research and monitoring of human rights situations across the globe, Amnesty International has published reports that have helped protect and preserve basic human rights as outlined in the Universal Declaration of Human Rights. It has shaped public policy making to safeguard human rights.

The Frontera Fund: Shaping Arizonian Public Opinion on Immigrants

Like Amnesty International, Phoenix, Arizona-headquartered Larkin & Lacey Frontera Fund has taken an active role in shaping public opinion on immigrant rights. Read more: Jim Larkin | Crunchbase and Michael Lacey | Twitter

Founded by two journalists, Michael Lacey and Jim Larkin, the fund is dedicated to promoting the rights of immigrants in Arizona. Using the $3.75 million settlement fee they received from Maricopa County after a successful litigation of a First Amendment rights violation case, the fund will support organizations dedicated to promoting First Amendment rights too.

The dedication of Michael Lacey and Jim Larkin to tackle immigrant and First Amendment rights stems from their own experience at the hands of Sheriff Joe Arpaio or Maricopa County.

The sheriff ordered for a midnight arrest of the journalists and entrepreneurs after they published exposures detailing his racially-driven mistreatment of Latinos and financial misappropriations.

The grand jury subpoenas used by the arresting deputies, which declared illegal by the court, demanded for identities of readers and writers of the stories. They challenged the subpoenas and their arrest, which they won in 2007.

 

Michael Lacey and Jim Larkin: Protecting the Rights of Migrants

Jim Larkin and Michael Lacey are the renowned co-founders for the famous Village Voice Media and Phoenix New Times. They have set aside money that was accorded to them after the settlement of the lawsuit over their arrest by the Americana sheriff, Joe Arpaio. The money is meant to fund the right organization or migrants in entire Arizona. The settlement was $3.75 million. It resulted from their arrest in 2007 by the county sheriff. The two were journalists by then and were taken from their homes in the course of the night and taken to jail. The accusation was that they had revealed the grand jury proceedings who looked for any information that related to the sheriff. Michael Lacey and Jim Larkin had spent their entire career life defending and asserting the First Amendment rights. They sued the county for something that reached the court of appeal.

 

Michael Lacey and Jim Larkin they founded the Frontera Fund and that is set to give support to groups that advocate for human, civil, and migrant rights. The groups also advocate for civic participation and freedom of speech in entire Arizona including the Mexican border. The group gives grants to all migrant-rights organizations in Arizona. It supports the non-profit groups who are involved in the lives and rights of Latinos and Hispanics. The fund has already met the needs of many Latinos and Hispanics who were initially discriminated against law enforcement and public officials. The fact that Trump pardoned the sheriff Joe, it should be the appropriate time for the Frontera Fund, in general, to actively fight against his legacy at the moment and stabilize the situations. The fund is comm9tted to undo the mess and the damage that was caused in the cause of time. Besides founding the Frontera Fund, Michael Lacey and Jim Larkin have come with energy to engage in journalism and launch the Front Page Confidential site that covers any threats to freedom of speech and concerning First Amendment.

 

Betsy DeVos Wants a Future Where Americans Can Choose Their Education

The education system of the United States could certainly be improved. These words would be the remarkable words of one of the most philanthropic figures of the nation today. Betsy DeVos, who made her life a struggle to change the American education forever, is nowadays the U.S. Secretary of Education for Trump’s Presidency, a position that she earned through hard work and intense fighting for reform in the department.

She is a supporter of the movement that they call the “educational choice movement,” which is a revitalization that many liberal people in the country want to happen on the school network. Betsy DeVos is more commonly known as her spot as an attorney that has advocated in support of the movement and of those that stand for it. Follow Betsy DeVos on twitter.com

The educational choice movement was designed to convince politicians that the current education of the United States is not truly a right of every citizen in the country. According to Betsy DeVos, while she was a student of Potter’s House Christian School with her current husband, Richard “Dick” DeVos, she saw many of her colleagues have their parents struggling to keep their children in that school, which was already a standard school choice for low-income families.

Even though Potter’s House Christian School was already not very expensive, still, some families were having a hard time affording the expensive education that had grown more unaffordable for low-income parents as time passed. Seeing that reality, Betsy DeVos decided to make her lifetime career a constant support of a revitalization of the educational system by leading initiatives, advocating for the movement and being part of associations and foundations that wanted the U.S. to be a better place.

Betsy DeVos and Dick DeVos nowadays are charitable people that are part of many foundations, and not every one of them is related to education only. Betsy Devos is part of the American Federation for Children (AFC), the group Kids Hope USA that aims to make a difference in the life of American children that are at-risk, and the Foundation for Excellence in Education, that fights for the reform to happen and for the quality educational to be a right of every citizen, which would consequently lead to a more developed country.

Her husband founded with Betsy the Windquest Group, which is a company that aims to change the world by investing in departments that can lead to a better future somehow. One of these examples is their investments in sustainable energy, a decision that Dick DeVos himself decided was crucial for the enterprise’s investment plan. Read more about her philanthropy at MLive.

Betsy DeVos’ fight for the American education did lead to some amazing results throughout her years of fighting: There are currently thousands of students in 33 publicly funded schools across the country. The philanthropist considers charter schools and homeschooling to be perfectly valid options for parents who do not have the income to support quality education in the U.S., but she still believes that it is important to increase the choices of Americans regarding what kind of education they want for their children.

According to Betsy, for her, success would mean a future where every American child was able to discover their full potential in the education that their parents chose, not by force, but by option.

The Stellar Of Success for Innovacare Health Thanks to Rick Shinto

InnovaCare Health is a Puerto Rico-based healthcare provider of physician practices and Medicare Advantage plans, for instance, PMC Medicare Choice Inc. and MMM Healthcare Inc. The health plans were given an NCQA accreditation, in 2011, for offering high-quality medical plans. The company is devoted to providing its customers with quality medical care. Further, it has a team of experts who are responsible for its growth and current stability. Moreover, Rick Shinto, the celebrated CEO of InnovaCare Health, believes that teamwork has been a key value for the company’s success. InnovaCare Health’s growth is attributed to proper communication, a clear vision, and good working relationships.

The Contributions of Rick Shinto to InnovaCare Health

Rick plays a vital role in the leadership of InnovaCare as the president and celebrated CEO. He incorporates his leadership and technical experience from clinical and operational healthcare. Rick’s appointment, in 2012, has significantly enhanced the company’s success since he has gained a reputation of inspiring people to work.

Currently, the citizens of Puerto Rico have easier access to better and affordable medical services. InnovaCare Health’s use of advanced technology has also helped customers to purchase cheaper options that have high quality. As a result, InnovaCare Health has earned many Puerto Rican residents who prefer to access their medical plans in the company compared to the insurance companies. Read more about Rick at PHP PG ADS

Career Experiences of Rick Shinto

Rick Shinto previously worked at Aveta Inc. where he obtained the Ernst & Young Entrepreneur award of the year. Moreover, the award was for those individuals who exercised dedication to succeed through financial performance, innovative insights and giving back to the communities. Prior to joining Aveta Inc., Rick served at (California) NAMM as the Chief Medical Officer (CMO). Before that, he was Medical Pathways Management Company’s talented CEO and CMO.

Rick is an academic scholar where he holds a B.S. from the well-known University of California. He was a student of the University of New York where he got his medical degree. Rick also has an M.B.A. from the famed University of Redlands. He is also a renowned author of many articles on healthcare issues and clinical medicine. Learn more about Rick on xrepublic.net

Penelope Kokkinides

Penelope Kokkinides is one the three professionals who were added to the leadership of InnovaCare Health. She has proven to be a valuable and efficient leader as the company’s new Chief Administrative Officer. Penelope previously served at Aveta, Inc. as the Chief Operating Officer as well as the gifted Vice President of the Clinical Operation.

Jim Tananbaum Follows Progess Of Mindstrong Health

Mindstrong Health, the new AI based platform that is creating buzz in the medical industry, is excited by the news that they were able to raise $14 million to devote to this groundbreaking technology. The Mindstrong Health technology intent is to use the tracking devices on smartphones to compare to the cognitive function of the user’s brain. This will be used to further mental health knowledge and put smartphones to good use. Rather than simply scrolling through Instagram, you could be tracking the cognitive function of your brain. This innovation is being utilized to advance mental health and make better diagnoses in that field.

According to Market Wired, the mental health field is considered to be moderately subjective when contrasted with more physical medicine like cardiologists. The diagnoses are based on what the doctor is able to interpret from the client so it relies heavily on the people involved. Mindstrong has the ability to turn the way this is done on its head and make the ability to determine mental well-being more exact and precise. The objective of Mindstrong is to be able to make diagnoses in the same what you would with low blood pressure. It might even be more accurate since the readings will come from your everyday life as you use your smartphone. This will significantly improve the lives of everyone who suffers from mental disorders and incorrect diagnoses.

Foresite Capital firm’s CEO and Managing Direction, Jim Tananbaum, created the firm in 2010. He lives around San Francisco Bay and is well known thanks to his involvement in the medical and investment fields. Jim is highly educated and attended Yale, Harvard Medical School, Harvard Business School, and MIT. He earned prestigious degrees at at each of these places. During his time in the investment world, Jim worked with Prospect Venture Partners II and III, as well as with Sierra Ventures.

Ideamensch.com describes Jim as an accomplished investor and he uses that to advantage to promote healthcare in a forward direction. He is admired for his investments with Amira Pharmaceuticals and Jazz Pharmaceuticals. Jim Tananbaum believes that Mindstrong is going to be every bit as revolutionary as people are saying.

Read More: http://www.massdevice.com/neuropsych-treatment-diagnosis-platform-dev-mindstrong-health-raises-14m-series/