In getting to know Sam Adrangi, you will find an eclectic, analytical, decisive businessman. The road to his current endeavours shows timeliness of preparation and no fear in confrontation. The ease with which he’s taken on his various accomplishments evokes envy.
Authentic to his lifelong love of writing, he focused on literature and creative writing during high school and his early years in college with the aim of becoming a journalist. With the brave recognition that traditional journalism was a dying sport, he made the adjustment to economics and finance. He wisely continued to feed his love of writing and learning by loading up on history and literature classes in his curriculum. Sahm Adrangi also left no career possibility stones unturned while earning his Baccalaureate of Arts degree at Yale University, and made an impressive go at it as Kevin Wicks in the 2003 award winning Hollywood film ‘Swordswallowers and Thin Men’ which was shot on campus.
His vocational focus has always included prolific writing and the general appreciation for the pen. During his upbringing, he always desired to share his thoughts on paper and to encounter the inner psyche of others in like fashion. As an integral part of his self preparation for economics, he made it a point to read relevant chronicles. For instance, during the summer of his senior year, he devoured such books as “Den Of Thieves,” by James B. Stewart, and “Barbarians At The Gate: The Fall Of RJR Nabisco,” by Bryan Burrough. Both speak in detail of the Company climate and misguided motivations of a few bad men. He also imbibed the life, economic and investment perspectives of Warren Buffet primarily through his biography written by Roger Lowenstein, who would later write the surgically scathing account “When Genius Failed: The Rise And Fall Of Long Term Capital Management.” From this self study, Sahm Adrangi developed an appreciation for a clear line separating wise from unscrupulous investment aims and methodologies.
Today, you can find a trail of lazy, greedy, pretentious, self proclaimed business persons whom Sahm Adrangi has expert and unabashedly dissolved under the acidic strokes of his ready pen. As a business economics columnist for a major publication in Canada, he mastered his craft of analyzing any type of company from a financial perspective. Consequently, he relocated to New York City, New York, the mecca of economic investing. After some traditional stints in the finance industry at three establishments, he felt adept enough to start his own business rather than wait for the estimations of man to promote him through the ranks.
In July 2009, he launched his own fund management firm where he presides today as Founder and Chief Investment Officer of Kerris Dale Capital Management, LLC. Sahm Adrangi first drew the confessional curtain on several shell companies supposedly housed in China. From that moment on, any bogus operation bent on gaining something from nothing and for everything in someone else’s pocket had to consider themselves as served and on notice; likewise for once successful businesses faltering and clinging to crazZy glue labeled as new objectives that, upon examination, show no legitimacy of stability at present and definitely not long term.
Today’s most challenged establishment is Eastman Kodak, a Dow Jones Industrial Average original listed from 1930 to 2004, that five years ago declared renewability through KodakCoin, Kodak KashMiner and KodakOne. Neither has saved the Company’s finances yet and Sam Adrangi, who predicted their demise in 2014 is sticking to his short on them. Similar firms called out for either their lack of leadership, or product and service sustainability or healthy business fundamentals include QuinStreet, Inc., Proteostasis Therapeutics and The St. Joe Company. Sahm Adrangi uses a simple investment strategy of finding failing companies, buying in to short them, exposing their quakeable weaknesses, then watching them inevitably fall while watching his gains climb. Kerris Dale Negative Reports, then, function more like the administration of Castor oil versus some secret pouring of poison. Anyone valuing economic well being will appreciate them, and the doctor gets paid.