Tech mogul issues warning to investors in 21 Hour Tweet Storm

Shervin Pishevar is a successful investor who is followed by many because of his accurate predictions of the economy. When he immigrated to the United States, he became a venture capitalist, and today his success is unmatched. He owns several companies including Dollar Shave Club, Warby Parker and he also has shares in Uber. The entrepreneur is also one of the brains behind the development of Virgin Hyperloop.

In February 2012 Shervin Pishevar he started a series of tweets lasting for 21 hours. In about fifty tweets, he gave warning to investors about the future of America’s economy. At the time of starting his tweets, the Dow Jones Industrial Average was declining, and the trend spooked many investors. He forecasted that it would fall in the year. “I expect a 6,000-point drop in aggregate,” he tweeted.

Shervin Pishevar mentions in a tweet that in 2009 he wrote a comprehensive essay warning the United States. He passed the information that America should not believe in retaining economic monopoly during this Information Age. The message is evident in his tweet, “Silicon Valley is no longer a physical place but an idea that’s gone viral.” In another tweet, “While we build walls…to keep out immigrant talent, that talent doesn’t need to come here anymore,” he warned politicians and citizens.

Some tweets talked about the issues of isolationists who think they can use national boundaries to retain tech talents. In particular, he mentioned that the advent of cryptocurrency gives entrepreneurs an opportunity to do their businesses internationally avoiding frictions and lengthy processes. He also pointed out the ability of China to build a train within nine hours.

Shervin Pishevar also thinks that the world is experiencing an economic shift whereby he sees a kind of evolution. In this trend he sees America struggling to maintain its top position economically. He tweeted, “When all the middlemen are irrelevant, we can have an economy that is more perfectly efficient.” Entrepreneurs should decide whether they would follow the warnings of the seasoned entrepreneur or they would remain as middlemen.

https://www.accompany.com/people/shervin-pishevar

Paul Mampilly’s Legacy Moves

After graduating from Fordham University with his MBA, he landed his first job at Wall Street as an assistant portfolio manager. He later worked in other banks like ING and Deutsche where he learned the work of people in higher positions. In 2006 the owner of Kinetic Asset realized Paul Mampilly’s gifted hand and offered him a job that put him in charge of a $6million fund. Just as was predicted he increased the assets of the company to $25million.in 2009 during the financial crisis, he used his expertise skills to give the company 76% returns that raised the investment to $88 million.

By this time he wanted to spend more time with his family and to help people in the streets make best financial investments that will boost their incomes. He also joined Banyan Hill Publishing where he works as an editor. Since joining the publishing firm, about 100,000 people have subscribed to the unlimited newsletters which include a great investment opportunity every month. Paul Mampilly is also a manager at Extreme Fortunes and True Momentum. On a normal day, Paul wakes up early to start working of which he spends about 12 – 14 hours reading about the stocks his readers are taking interests in. In 1999 during the bubble, Paul Mampilly was caught in between selling his shares and not selling them. He finally landed on the decision after analyzing the investment.

He advised one of his friends to sell her shares but instead, she bought an extra 1000. When the investment failed, Paul Mampilly was not surprised but was glad he went with the decision of selling his investing shares. He has always had the motto of doing things as he saw fit after analyzing and not flowing with the crowd and so when other investors went with buying bitcoins he decided to invest in cryptocurrencies. At the moment 8% of the Americans were using cryptocurrencies. Other investors advised him against cryptocurrencies and told him that bitcoins were the way to go but he did not shift from his investment decision. All the warnings and advice stopped when the bitcoin investment dint go as expected.